Indian diamond polisher Finestar opens large-scale facility in Gauteng

Indian rough diamond cutting and polishing company Finestar has expanded its operational footprint in the Southern African Development Community (SADC), unveiling its latest facility in the Gauteng Industrial Development Zone, near OR Tambo International Airport, on September 5.

The R300-million facility complements the company’s other diamond cutting and polishing facilities in the United Arab Emirates, Belgium, Hong Kong, Japan, the US, Namibia, Botswana and India.

The new local Finestar facility employs 46 people, of whom 29 are South Africans who have been trained to cut and polish diamonds to the highest standards.

Finestar specialises in polishing diamonds ranging from 1 ct to more than 30 ct in weight in all colours and clarity, and sells to more than 80 000 customers globally – mostly through its online platforms.