Diamond Woolens Mills established back in 1969 with a worsted spinning unit was among the first six leading spinning units in India started by Sri Banwari Lal Mehra out of the entrepreneurial spirit and then further continued by Mr. Vinod Mehra and then taken over by their righteous heirs  Mr. Vibhu Mehra and Sumit Mehra in the year 1990.

Under the dominion of its current legatee, Diamond Fabtrends Private Limited has seen a great success with their advanced and differential approach. The company started exports of fabrics to European and American customers.