India News

GJEPC’s Chairman: Demand for diamonds and jewellery is “slowly recovering” in different markets

In April-June 2020, overall exports of cut and polished diamonds dropped around 50%

The organizations believe that the moratorium will help preserve inventory values"

The new protocol slashes the diamond of polishers to 2 per unit

Colin Shah was voted Chairman, and Vipul Shah will act as Vice Chairman

Authorities seized 108 packages, weighing over 2,300 kg, of diamonds and jewellery

The leading Indian diamantaire passed at the age of 80

Lockdown measures in India are easing up, and the diamond and jewellery industry is slowly returning

Industry insiders in India are that customers will look elsewhere for cutting and polishing

Bruce Cleaver calls for the fast reopening of diamond cutting operations

The coronavirus pandemic “was the biggest factor impacting gold demand” during the quarter

Diamond companies will get more time to repay loans they take to fund overseas shipments

Organizers say the event “is expected to be a catalyst for strong sales for the diamond sector”

The Mumbai-based diamond manufacturer and exporter will adhere to international standards

The GJEPC-Gem Testing Laboratory (GTL) has made a deal with the e-commerce giant

India’s gross import of rough diamonds fell 17.4% to $8.55 billion

Currently, only around 40% of gold jewellery in India is being hallmarked

GJEPC: "The government has given a positive stimulus to the economy and the industry"