Mumbai, Dec. 3 -- Under the partnership, MDIL will oversee marketing and business development activities and receive a share of the revenue. The tie-up will also allow the company to offer hallmarking, assaying, touch testing, and other ancillary services to its existing and prospective customers through the partner unit.

MDIL said the collaboration will help the company tap into Pyramid Gold's customer base as a potential market for its jewellery products and related services, thereby strengthening its overall service offerings and deepening its reach across the jewellery value chain.

Upendra N. Shah, chairman and managing director of Mini Diamonds (India), said, "We see this business arrangement as a logical extension of our jewellery...