Published by Jewel News Desk on
Key Highlights
- Kama Jewelry completes 30 years in fine jewellery manufacturing
- Reports Rs.982 crore revenue in FY2025-26 with 22% YoY growth
- Serves 260+ clients across India, USA, UAE and Europe
- Operates four specialised manufacturing plants in Mumbai SEEPZ
- Maintains 27.1% CAGR over three decades without external capital
- Expansion supported by CNC manufacturing and export opportunities
Mumbai-based Kama Jewelry Private Limited has completed 30 years in India’s fine jewellery manufacturing industry, marking a milestone defined by sustained growth, export leadership and long-term financial discipline.
Founded on 27 May 1996 by Colin Shah, Kama Jewelry has evolved into one of India’s leading jewellery manufacturers, operating across domestic and international markets with a strong focus on precision manufacturing, governance and craftsmanship. Over three decades, the company has built a manufacturing ecosystem serving more than 260 clients across India, the United States, the UAE and Europe.
Operating from the SEEPZ Special Economic Zone in Mumbai, the company currently runs four specialised manufacturing plants catering to 18KT gold jewellery, natural diamonds, platinum jewellery and CNC machine-made jewellery. Its clientele includes leading brands such as Tanishq, CaratLane, Malabar Gold, Senco, Grown Brilliance, Mejuri and Morellato.
Kama Jewelry reported FY2025-26 revenue of Rs.982 crore, registering a year-on-year growth of 22%. The company stated that it has achieved a 30-year compound annual growth rate (CAGR) of 27.1% without external capital infusion, highlighting a rare combination of operational scale and financial independence in the manufacturing sector.
The company currently employs over 1,200 craftspeople directly on payroll, reinforcing its commitment to preserving fine jewellery craftsmanship and maintaining in-house quality control rather than relying on contract manufacturing models. Average production stands at approximately 47,500 jewellery pieces per month.
Kama’s growth comes at a strategically important time for India’s jewellery export industry. The recently finalised India–US bilateral trade framework, which reduced jewellery tariffs from above 50% to nearly 16%, is expected to create significant export opportunities for Indian manufacturers. With an established network of over 60 US clients and decades of export experience, Kama Jewelry is positioned to benefit from the shifting global sourcing landscape.
The company has also strengthened its manufacturing capabilities through investments in CNC technology, advanced machining and process automation, while continuing to maintain a governance framework supported by multiple independent audit and compliance systems.
Commenting on the milestone, Colin Shah, Founder and CEO, Kama Jewelry, said, “Kama is not 30 years old. Kama is 30 years young. We began with belief. We grew with discipline. We lead with trust. The best chapters are not behind us — they are waiting to be written.”
