Ankit Gems Private Ltd., a Mumbai-based diamond manufacturer, plans to more than double the number of employees at its Namibia facility by March 2012 as the company is hopeful to be awarded a Namibia Diamond Trading Company (NDTC) sight.
''We have plans to increase our employee strength to around 100 by March 2012 if we get the DTC sight,'' said Ankit Shah, a partner at Ankit Gems. The company, which recently trained two Namibian employees at its Surat facility, plans to bring more workers to India for training, he added.
Ankit Gems started operations in Namibia two years ago in a joint venture with Crystal Diamond Namibia Pty. Ltd. and currently employs about 40 people there. It currently sources rough diamonds from India for the manufacturing facility.
Shah explained that the company has applied for a NDTC sight for the next contract period, which begins April 1, 2012. ''We are very optimistic of getting the NDTC sight as we are already doing the things on our own there,'' he said.
De Beers is expected to announce its list of sightholders in December.