|
|
India seeks rough diamond supply from African markets
MUMBAI: India, which is facing a shortage of rough diamonds, has sought uninterrupted supply of the same mainly from the African market. 15 Apr, 2008, 2008 found at economictimes.indiatimes.com "Gems and Jewellery Export Promotion Council (GJEPC) has requested the International Diamond Manufacturers Association (IDMA) to present a report on the capacity of mines worldwide for supply of rough diamonds," GJEPC Chairman Sanjay Kothari told reporters on the sidelines of a press meet here on Tuesday. In the processing sector, India was losing its edge and nearly one million jobs were at stake, he said. "We must procure rough diamonds and protect the jobs of one million skilled workers. We want to procure rough diamonds from South Africa," he said. "Our mission is to enable every individual associated with the Indian gems and jewellery industry to achieve his full potential," he added. "The study will help us understand the future action that GJEPC would need to take to bridge the gap between the demand and supply of rough diamonds available," GJEPC's Vice-Chairman Vasant Mehta said. The Diamond Trading Company has assured the industry that it would take steps to ensure the supply in the future, he said. Meanwhile, as a part of making India the preferred source for quality gems and jewellery, GJEPC has taken major initiatives to promote Indian jewellery to end users in markets such as the US, China, Middle East, CIS, Russia.
Bidz auctions short ones... get a diamond at bidz price ! |
African Business
Heritage Charter to Preserve African Culture business
foreclosure news marketing news weather info
|
|
contact the owner of this site. If it is a comment to
publish mention the page URL:
or contact
me | Buy |
