Vaibhav Gems Limited (VGL) was incorporated in 1979. This incorporation was a step in the direction of an overall vision of introducing modern management techniques and organization to this largely unorganized sector.

The company is a publicly traded company, listed on the Mumbai Stock Exchange. The company provides employment to more than 900 persons and is engaged in processing and manufacturing fine gemstone studded gold jewelry.

VGL is an established leader in sourcing and manufacturing high quality colored gemstones. It has been consistently winning the national awards for highest export in the gemstone category since 1983.

In 1995, as an exercise in forward integration, the company came out with its IPO that was aimed at establishing a world-class jewelry manufacturing facility in India for export of gem-studded gold jewelry.

Today, VGL is the largest exporter of colored gemstones from India, and also the second largest exporter of studded jewelry. It is the only company in the gems and jewelry sector that has a fully integrated manufacturing process from rough gems to finished jewelry - all under one roof.

The manufacturing infrastructure is most modern, and compares with the best anywhere in the world. VGL has taken a lead in modernizing the manufacturing process and is now making full use of CAD, CAM systems and modern equipment such as Laser Soldering machines.

The company has a very young, innovative, talented and skilled pool of human resources, and has established the necessary HR management processes that are continually evolving.

Besides this, the company has a very modern, extensive computer network, and is in the process of implementing an ERP solution that will integrate all its operations. The solution will also help in integration with selected customers.