Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

India’s cut & polished diamond export increases 146.12% in July

17 august 2021
India’s cut & polished diamonds recorded at $ 2260.48 mn in July 2021 showed a growth of 146.12 % as compared to $ 918.44 mn for the same period of the previous year.
Imports of cut & polished diamonds at $ 105.66 mn in July 2021 registered a decline of 47.33 % as compared to $ 200.59 mn for July of the previous year. 
During the period April – July 2021, exports of cut & polished diamonds at $ 8522.34 mn recorded a growth of 213.31 % as compared to $ 2720.12 mn for the same period of the previous year. 
Imports of cut & polished diamonds at $ 467.65 mn showed a decline of 7.22 % as compared to $ 504.04 mn for the same period of the previous year. 
The overall gross Imports of Cut & Polished diamonds in Domestic Tariff Area (DTA) at $ 116.86 mn showed a growth of 64.34 % as compared to $ 41.67 mn for the same period of the previous year.
The imports of cut & polished diamonds in SEZ (Special Economic Zones) at $ 350.79 mn shows a decline of 24.13 % as compared to $ 462.37 mn for the same period of the previous year.
Rough diamond imports recorded $1556.79 mn in July 2021 up 574.23% compared to rough diamonds imported at $ 230.90 mn in July 2020. 
Rough Diamonds imports at $ 6205.95 mn in Apl-July 2021 show a growth of 770.70 % compared with the imports at $ 712.75 mn for the previous year. In volume terms, the Import of rough diamonds at 57.455 mn carats during Apl-July 2021 shows a growth of 549.08 % compared with the imports at 8.852 mn carats during the previous year.
Exports of Polished Lab-Grown Diamonds for the period April-July 2021 at $ 368.72 mn show a growth of 374.29 %, over the comparative figure of $ 77.74 mn for the previous year.

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