Dear Friends, We are rapidly approaching the most important season of the year for natural diamonds, the holiday season. Although I remain optimistic about the long-term future of our industry, we are facing complex challenges in the short-term. We need to address these issues and make changes where necessary, even if this is uncomfortable or … Read more
Q) What impact does the US market have on India’s gem and jewellery exports? A: In FY 2024-25, India’s gem and jewellery exports to the US stood at USD 9.97 billion, accounting for about 33% of India’s total exports of around USD 30 billion to the world. In other words, nearly one-third of India’s gem and … Read more
Dear Friends, Signs of Spring are all over and the earth is emerging from its winter slumber. Spring signifies renewal and we are indeed seeing certain early signs of renewed growth in the diamond industry. The latest Hong Kong show was better than expected, and we saw improved sentiment and some increased demand in the … Read more
A few weeks before the Hong Kong show, the Hong Kong and China markets started to pick up after the Chinese New Year holiday. Sales and sentiment improved significantly. The Southeast Asian market also performed well over the past year, with local economies in countries like Thailand, Indonesia, the Philippines, and Cambodia showing strong growth. … Read more
Dear Friends, As we enter the busiest season for the world diamond industry, the major diamond centers are facing weak demand. In Israel trading is slow due to the war. The freeze on rough imports has provided some relief to India, but Surat is operating at a fraction of capacity. In Belgium trading is steady … Read more
1. What are your current titles/functions in the diamond industry, both private and organizational? In a personal capacity, I am Director of ROSY BLUE NV in Antwerp. I am also a Board Member of Watches and Jewelry Initiative 2030, a Board Member of Get Diamonds, and a member of the SDB Taskforce by RJC. As … Read more
1. What are your current titles/functions in the diamond industry, both private and organizational? I currently hold the position of CEO & Managing Director at Asian Star Co. Ltd., and I also serve as the Chairman for the 2nd term in the Gem & Jewellery Export Promotion Council, the apex body of the gem and … Read more
Dear Friends, We just concluded the 40th World Diamond Congress in Israel. The previous Congress was held virtually, by Zoom, at the height of the Corona virus pandemic in September 2020. This Congress marked the first opportunity to bring so many of our friends together. The theme was “Change and Innovation in the New Diamond … Read more
Q. What are your current titles/functions in the diamond industry, both private and organizational? I am the Chairman / Managing Director of Star Brilliant Group, dealing in diamonds and jewelry. We are cutters and polishers of rough diamonds, as well as jewelry manufacturers, with factories in Mumbai and Navsari, India. I am also the Vice … Read more
The free vaccination campaign for diamond artisans is being organized in cooperation with the GJEPC and the GJNRF Antwerp, July 19, 2021: The World Federation of Diamond Bourses (WFDB) Diamond Aid campaign, launched in May to raise funds to help India in its battle with COVID-19, has culminated with the launch today of a free … Read more
