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

Surat diamond bourse gets a ‘shot in the arm’

26 august 2014

The Surat Diamond Association (SDA) is bullish about the upcoming Surat Hira Bourse, a diamond exchange, following the Dubai-based Gold Souk and Dubai Multi Commodities Center (DMCC)’s decision to form an alliance with the Gujarat state government. This outcome reportedly came about during Gujarat finance minister Saurabh Patel’s recent visit to Dubai, as reported in Business Standard.
However, Dinesh Navadiya, president of SDA, said, “We have not officially heard from the state government yet. However, the trip has provided a fillip to the Surat Hira Bourse, in terms of international reach. So far, we have received space requirement applications from traders alone, with about 9,500 bookings for 70,000-80,000 sq yards. We hope to hear from the State government on land allotment soon.”
The association aims to attract global diamond traders, including those from West Asia. Registration of the Surat Hira Bourse is underway. Expected to start operations in two years, the exchange is being set up at a cost of Rs 2,000 crore. The bourse will bring those interested in the business of the precious commodity under one roof.
Kirti Shah, a Surat-based diamond polisher and trader, said various concerns had to be addressed before the bourse began operations. “Lack of a proper airport, an international one, will affect the bourse. Also, land is yet to be allotted and delay in this will further defer project completion,” Shah added.

Aruna Gaitonde, Rough&Polished correspondent in India