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...

Yesterday

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

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi took part in the World Diamond Conference

11 december 2014

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi took part in the World Diamond Conference on Thursday. The conference gave an opportunity to the diamond market players to discuss the ways how to increase consumer demand for and consumer confidence in diamonds. The  conference brought together an impressive array of diamond industry leaders, including ALROSA, De Beers, Rio Tinto, the World Diamond Council, the World Federation of Diamond Bourses and the world's major jewelry retailers.
ALROSA’s sales policy is based on long-term contracts. The company is currently compiling a list of customers for the new contract period of 2015-2017. At the conference, ALROSA signed long-term agreements with 12 companies from India, including diamond and jewelry manufacturers. ALROSA will increase direct supplies of rough to long-term customers from India compared to 2014.
India is the world's largest diamond manufacturing hub importing more than 70% of the world’s rough diamond output for cutting. Indian companies are successfully cooperating with ALROSA both under long-term agreements, as well using tender and one-time sales. In 2014, ALROSA’s overall rough supplies to companies with Indian capital participation exceeded $ 2.3 billion, of which direct supplies to India reached about $ 700 million.
ALROSA pays great attention to cooperation not only with its clients, but also with industry organizations. Last spring, ALROSA and the Gem & Jewelry Export Promotion Council (GJEPC) of India signed a memorandum of understanding stipulating the exchange of information about the diamond market, cooperation on issues related to the Kimberley Process and synthetic diamonds.

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