Bollywood star Katrina Kaif was announced as the new spokesperson for India’s top diamond jewelry label Nakshatra.

With this, Hong Kong-born Kaif replaces another Bollywood legend Aishwarya Rai, who had represented the brand since its launch in 2000. The Nakshatra diamond jewelry, available in three collections, is famous for use of floral designs in 18 kt gold with multiple diamonds encircling a single large diamond to signify the constellation effect.

“Katrina is the perfect representation of the young, trendy and fashionable woman that Nakshatra targets. She lends a refreshing look to the brand, and we are excited to have her as the new face of Nakshatra,” said Mehul Choksi, Nakshatra Group chairman.

“I am delighted to be associated with a brand like Nakshatra that has garnered immence popularity not only in India but worldwide,” said Katrina. “I hope this association is amiable and mutually profitable.”

But how come former Miss Universe Aishwarya Rai was dropped? She wasn’t, according to her hubby Abhishek Bachchan. (He’s the brand ambassador of Omega watches.)

“Nakshatra was discontinued by Aishwarya. It is false news that she lost out the endorsement to Katrina Kaif. Aishwarya had some conditions and the company did not come to terms with this, so she called it off,” Abhishek told IANS (Indo-Asian News Service).

Katrina, 24, was recently adjudged ‘the sexiest woman in the world‘ in an online poll conducted by UK’s FHM.

I think they might have a point (or two) there:

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