Surviving the Recession? Venus Jewel - A Case from Indian Diamond Industry

Vikalpa, Vol. 34, No. 3, July-September 2009

21 Pages Posted: 21 Jun 2015 Last revised: 15 Apr 2017

See all articles by Indu Rao

Indu Rao

Nirma University; University of Twente; Indian Institute of Management (IIM), Ahmedabad; CEPT University India; Florida International University (FIU) - Department of Management & International Business; Gujarat Technological University

Deepti Bhatnagar

Indian Institute of Management (IIM), Ahmedabad

Date Written: June 19, 2009

Abstract

The Indian diamond industry witnessed a severe recession in the year 2008. The industry is already showing signs of recovery in 2009 led by its large-sized firms. This case presents facts from a study conducted in a large-sized Indian diamond processing firm which has existed for the last 40 years and led the revival of the industry. It includes description of the company policies, management practices, innovations, the organization structure, and other unique systems. It also describes the exemplary business acumen and leadership qualities of the founder of the unit of our case. Besides, this is the first such study conducted in the Indian diamond industry which has otherwise remained undocumented in spite of an extraordinary global performance.

Keywords: indian diamond industry, leadership, recession

Suggested Citation

Rao, Indu and Bhatnagar, Deepti, Surviving the Recession? Venus Jewel - A Case from Indian Diamond Industry (June 19, 2009). Vikalpa, Vol. 34, No. 3, July-September 2009, Available at SSRN: https://ssrn.com/abstract=2620847

Indu Rao (Contact Author)

Nirma University ( email )

Institute of Management
Ahmedabad, Gujarat 382481
India

HOME PAGE: http://www.nirmauni.ac.in/imnu/Faculty/Dr-Indu-Rao

University of Twente

Enschede
Netherlands

Indian Institute of Management (IIM), Ahmedabad ( email )

Vastrapur
Ahmedabad, Gujarat 380 015
India

CEPT University India

Ahmedabad, Gujarat 380009
India

Florida International University (FIU) - Department of Management & International Business ( email )

University Park
Miami, FL 33199
United States

Gujarat Technological University

Ahmedabad, Gujarat 382028
India

Deepti Bhatnagar

Indian Institute of Management (IIM), Ahmedabad ( email )

Vastrapur
Ahmedabad, Gujarat 380 015
India

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