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A new brand has come to the Russian market - LA VIVION

How this had happened was disclosed in an interview with Rough&Polished by Andrey Yanchevskiy, CEO of LA VIVION, who, having turned from a programmer into a jeweler, proved that algorithms and diamonds are a promising combination in business.

14 august 2017

KGK says Botswana lacks capacity, expertise to produce diamond jewellery

KGK Diamonds Botswana opened its operations in the southern African country and the world’s second largest diamond producer in value terms, in 2014 and it is currently cutting and polishing rough sourced from De Beers’ Diamond Trading Company. Company...

07 august 2017

Jewellery might not come under the category of basic necessity, but for women it is a need

Enchanted by the City of Gold-Dubai, brothers Kiran Pethani and Anil Pethani travelled from their little village in Gujarat, India to Dubai in search of a better livelihood. In 1993, they started working for a jeweller in Gold Souk where they learnt...

31 july 2017

"The government should financially support the setting up of skills development units and Gems and Jewellery parks" suggests Sanjeev Agarwal, CEO, Gitanjali Exports Pvt Ltd.

Sanjeev Agarwal has a unique combination of experience encompassing FMCG, Banking & Finance and the Luxury Retail Sectors with Unilever, Cadburys and Deutsche Bank. Sanjeev’s next move to World Gold Council as Managing Director (India-subcontinent)...

24 july 2017

Virtual Possibilities of Jewellery Market

Online jewellery trading in Russia – since it started boosting and becoming more popular among the consumers - is of keen interest among the market players and is a topical issue. Dmitry Zamyshlyaev, Deputy Head of the Federal State Enterprise ‘Assay...

17 july 2017

India’s February polished diamond exports up 3%

20 march 2017
India's exports of cut and polished diamonds recorded at $ 2.41 bn in Feb. 2017 as compared to the US$ 2.34 bn in the same month in Feb.2016, a rise of 3.27%, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).
Rough imports during Feb. 2017 at $ 1.51 bn were down 2.9% in value terms compared to $ 1.55 bn imported during February 2016. In volume terms, 17.8 mn cts of rough were imported during the month, a rise of 14.1% compared to imports of 15.6 mn cts during Feb. ‘16.
Imports of cut and polished diamonds were down 19.8% to $ 177.89 mn in Feb. 2017 from $ 221.73 mn in the same month a year earlier.
Exports of cut and polished diamonds for the Apl 2016-Feb. 2017 period were up 11% to $ 20.92 bn as compared to $ 18.84 bn during the same period a year earlier.
During the fiscal year to date, Import of rough diamonds rose to $ 15.46 bn, an increase of 22.17% as compared to $ 12.66 bn a year earlier. In volume terms, imports rose by 10.63% from 123.4 mn cts in April ‘16- February ’17 to 136.5 mn cts in the same period this year.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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