NRI-owned diamond technology firm awarded in Singapore

SINGAPORE: An NRI-owned firm has been honoured in Singapore for being one of the fast growing Small and Medium Enterprises (SME).

Singapore-based IIa Technologies, the world leader in grown diamond technology, recently received the prestigious SME100 Award.

“We are extremely proud to have won the SME100’s Fast Moving Companies’ Award. The award is a recognition for SMEs like IIa Technologies which has established one of the world’s most advanced diamond growing greenhouses right here in Singapore, the innovation hub of Asia,” Vishal Mehta, CEO, IIa Technologies said.

IIa Technologies has spent over a decade conducting pioneering research in diamond growth and is the only diamond greenhouse that has the ability to support large gems and jewellery retailers as well as simultaneously focus on high quality diamond research and development that will result in next generation applications using IIa diamonds.

“Being recognised as one of the fast moving companies of Singapore shows the strength of the company which is deep-rooted in Singapore as a country,” Mehta said. “Singapore and its policies have helped shape our company, making it more competitive, organised and efficient. We have seen the company grow from a small research facility to an enterprise capable of changing the world with Grown Diamonds and we would like to thank everyone who supported us through these initial years,” he added.

SME100 is an annual recognition award organised by SME & Entrepreneurship Magazine – one of the best-selling business magazines in Asia.