GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

India’s cut and polished diamond exports up by 38.47%; rough imports up 9.07%

19 january 2021
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                                                         Image credit: GJEPC


India’s cut and polished diamond export increased 38.47 per cent registering $ 1736.07 mn during Dec 2020 as against $ 1253.79 mn exported in Dec 2019, according to provisional data released by the Gem & Jewellery Export Promotion Council of India.
Rough imports too increased during Dec 2020 by 9.07 per cent to $ 1749.75 mn as compared to $ 1604.29 mn imported during Dec 2019. 
During the fiscal year (April-December 2020) polished diamond exports recorded $ 10,687.61 mn from $14,666.48 mn exported over the same months in 2019, a decrease of 27.13 per cent.
Import of rough diamonds showed a decline of 33.40 per cent recording $ 6765.60 mn during April-Dec 2020 from $10,158.25 mn during the period April-Dec in 2019.
Rough Lab Grown diamonds (LGDs) imports in Dec 2020 recorded $64.45 mn against $45.69 mn imported in Dec 2019, an increase of 41.04%. During fiscal Apl/Dec 2020, rough LGDs imported registered $366.22 mn against $250.70 mn imported in April-Dec 2019, an increase of 46.06%. 
Polished LGDs exports recorded $62.65 mn in Dec 2020 as against $36.01 mn in Dec 2019, an increase of 74%. And during fiscal Apl /Dec 2020, polished exports of LGDs was $486.53 mn against $312.06 mn imported during the same period in April/Dec 2019, an increase of 55.91%. 

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