Diamond World - May - June 2022

In this issue

ROUGH PATCHES ON THE ROCKY ROAD TO SURAT - U.S. sanctions have affected Surat’s diamond traders forcing factories to cut work timings or even shut shop. Sustaining the diamond trade would need innovation at the next level and leading the business would need acumen
beyond perception. Read on to know how Surat has taken this crisis head-on and is actively planning a sustainable future for the diamond trade.

De Beers Rough Sales Jump to $650 million in June

ROUGH & MINING

1 min

Rio Tinto launches Icon Partner Program for the Next Chapter of its Argyle Pink Diamonds

ROUGH & MINING

1 min

BDB bids Farewell to Consul General of Belgium Embassy in India

ASSOCIATION & TRADE BODIES

1 min

GJEPC'S 3rd Member Outreach Program in Mumbai Sees Packed House

The Gem & Jewellery Export Promotion Council (GJEPC) organized its 3rd Member Outreach program in Mumbai on 22nd June.

1 min

NDTC Delegates visit Finestar Facility in Surat

POLISHED DIAMONDS

1 min

WDC President Notes Positive Shift to Reforming the KP

ASSOCIATION & TRADE BODIES

1 min

VDB First to Launch JBT’s Inaugural API

LAB & TECHNOLOGY

1 min

Joyalukkas hosts solitaire show with De Beers Forevermark at their stores across India

RETAIL & BRANDING

1 min

GIA India Launches Pearl Identification Laboratory in Mumbai

The Gemological Institute of America's India branch, GIA India announced the launch of its new pearl identification laboratory in Mumbai.

1 min

LVMH Invests in Lab-Grown Diamond Company Lusix

LUSIX, a leading producer of labgrown diamonds (LGD), announced that high-profile investors, including LVMH Luxury Ventures, Ragnar Crossover Fund and More Investments, have completed an investment round of $90 million.

1 min

Exporters can now do One-Time Registration with Customs from Anywhere in India

There was a demand from trade that an AD code should be registered only once in customs system for filing documents across all the customs locations.

1 min

India's G&J Exports Witness 10% Growth in April-May 2022

Gross exports of India's Gem & Jewellery for the period of April 2022 – May 2022 witnessed a growth of 10.08% to Rs. 51,050.53 Crore (5.97% in dollar terms to US$ 6.65 billion) as compared to Rs. 46,376.57 Crore (US$ 6.28 billion) during April 2021 – May 2021.

1 min

ROUGH PATCHES ON THE ROCKY ROAD TO SURAT - Scouring the city facing scarcity of rough diamonds from Russian mines

U.S. sanctions have affected Surat’s diamond traders forcing factories to cut work timings or even shut shop. Sustaining the diamond trade would need innovation at the next level and leading the business would need acumen beyond perception. Read on to know how Surat has taken this crisis head-on and is actively planning a sustainable future for the diamond trade.

9 mins

A Band, A Ring & A Saga of True Love!

RETAIL BOOM IN THE USA: ENGAGEMENT RING & BRIDAL BAND SALES ON AN ALL TIME HIGH

8 mins

De Beers Forum De Beers Forum makes a Splash with the theme A Diamond is Forever'

The De Beers Group, held its annual Forum in Mumbai last month. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team

3 mins

LUXURY MARKET SEES REMARKABLE PERFORMANCE IN THE FIRST QUARTER OF ’22 : Bain

Luxury brands enjoyed growth from a strong holiday shopping season, maintained momentum in the US and a faster-than-expected recovery in Europe

4 mins

JCK Las Vegas High on Buying!

The four-day event saw a packed show floor that was filled with a buoyant mood where both exhibitors and buyers were extremely thrilled to conduct proper business after a long hiatus

4 mins

GemGenève 4th Edition of GemGenève A Grand Success!

The 201 exhibitors had the opportunity to join their peers in a favourable environment for business, for privileged exchanges and for useful contacts with connoisseurs and amateur enthusiasts

3 mins

A Rhapsody in Stones GRAFF – GRAFFABULOUS LEGEND OF THE MERMAIDS

Using stunning white and yellow diamonds, Graff’s newest collection is history set in stones says Sunitta Raman

2 mins

PAULA CREVOSHAY QUEEN OF COLOURS

A born artist, over the years, Paula Crevoshay has mastered the art of balancing creativity and science. She speaks to Vijetha Rangabashyam about her very creative upbringing, her innate ability to delve deep and study every subject she’s working on, her love for colours, preserving the wonders of Nature through her creations and more

4 mins

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Diamond World Magazine Description:

Diamond World is pure business magazine for gem and jewellery industry across the world. It includes analytical stories, interviews of prominent personalities, special features, company profiles, design columns, trend trakker and lot many news which one needs to get updated with.