Precious Microtech Ltd. (PML) is a Chennai-based, ISO 9001:2008 certified IT company that was started in the year 1998 by a group of highly-motivated individuals. The company belongs to Precious Group Ltd., which was founded by Mr. Hameed and still maintains a strong presence in Japan, Hong Kong, Thailand, the US and India.
PML is primarily concerned with IT products and services for the Gem and Jewelry industry. We create tomorrow's technology today when we undertake and provide companies with technology to enable them to run their businesses more efficiently, professionally and successfully.
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The Indian GEM and JEWELRY Industry
It is the fastest growing jewellery market in the world. Recognised as the diamond polishing capital of the world, the country is gaining prominence as an international sourcing destination for high quality designer jewellery with global retail majors such as Wal-Mart and JC Penney procuring jewellery from India. The presence of highly skilled, low-cost labour enables India to design and make high volumes of exquisite jewellery at relatively low cost. According to Credit Analysis and Research Limited (CARE), the domestic jewellery market in India is pegged at US$ 16 billion.