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

De Beers Confident In Indian Diamond Trade Investment

14 february 2014

De Beers' Forevermark brand is investing $7 million in its second Forevermark Diamond Institute in the Indian diamond processing center of Surat, says the brand's CEO, Stephen Lussier. The firm believes that India, despite its macroeconomic woes, will continue to be the fastest-growing diamond market in the world, he told DNAIndia.com, cited by Israelidiamond.co.il.
He said the facility would house the firm's diamond selection, inscription and grading operations. "We want to be near our customers. The institute is the second one after Antwerp in Belgium."
He said that the firm has been focusing on increasing its distribution and marketing reach. "We expanded our distribution by nearly 50%. We have grown by 30% in India this year and we expect to grow at the same momentum," he said.
"India represents about 10% of the overall market as far as the consumption of polished diamonds is concerned. The entire diamond market in India grew at 18% in 2012 and it would definitely be slower than that in 2013. But we think it is a short-term blip."
In another show of investment in the Indian market, De Beers' International Institute of Diamond Grading and Research will said it will provide its Automated Melee Sorting machines to India's Gem and Jewelry Export Promotion Council for the detection of synthetic diamonds.