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India, China to corner 30 percent each of diamond business
India and China are expected to share almost 30 percent of the world's diamond and gems business each by 2020, says Roger Lorie, chief executive of the International Gemological Institute (IGI) Worldwide. The world's diamond business would shift from the West to the East in the next 10 years or even earlier. 'I give it a decade but it may happen even sooner' because of the global economic downturn,
India and China are expected to share almost 30 percent of the world's diamond and gems business each by 2020, says Roger Lorie, chief executive of the International Gemological Institute (IGI) Worldwide. The world's diamond business would shift from the West to the East in the next 10 years or even earlier. 'I give it a decade but it may happen even sooner' because of the global economic downturn,
'The next growth areas for diamond are India and China'
Diamond Trading Corporation (DTC), the marketing arm of the world’s largest diamond producer De Beers, is planning to increase its intake by 25 per cent from its last year’s sale of $3.5
Diamond Trading Corporation (DTC), the marketing arm of the world’s largest diamond producer De Beers, is planning to increase its intake by 25 per cent from its last year’s sale of $3.5
Diamond processors welcome supplier contract extension
Diamond Trading Company (DTC), the marketing arm of De Beers, the South Africa-based company which dominates the global supply of rough diamonds, has given the diamond processing industry in India
Plan to make India diamond hub faces hurdles
The plan to make India the second Antwerp, the world’s biggest diamond trading hub, is facing inter-ministerial hurdles even as the sector is limping back to growth in exports. Although the
Rising rough prices hit diamond polishing units
Prices have increased 25-30 per cent since March this year.
Prices have increased 25-30 per cent since March this year.
Rosy Blue rules the world of glitter
Cycling around Surat in the mid-1960s, Dilip Mehta, a gangly teenager learning the ropes of the diamond trade, had little inkling of the globe-trotting road that the stones would take him on. It
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