India's diamond hub opens doors to Australians

The Bharat Diamond Bourse is the world's largest diamond exchange and consists of 26 towers spread across 20 acres With more than 2,500 diamond traders, the BDB handles 60 per cent of diamond exports from India "Each Indian company that wins the right to display at the Bharat Diamond Week is entitled to one booth.

Priority will be given to visitors who are members of bourses affiliated to the World Federation of Diamond Bourses, but all members of the diamond trade across the world are, of course, encouraged to participate." BDB committee member Jay Parikh says that Bharat Diamond Week offers Australian and New Zealand diamond buyers an ideal opportunity to see the diamond bourse in action "India is, of course, the world's diamond manufacturing centre We have a huge diamond-processing infrastructure and deal in a wide range of diamonds.

You simply don't find this anywhere else in the world, and that's what makes India such a clear choice as a polished diamond sourcing centre," Parikh explained Until the mid 17th century, India was thought to be the only country to offer a diamond yield, it shouldn't come as a surprise then that India is still the world's biggest producer of cut and polished diamonds "These inter-bourse events have proven their value at other diamond exchanges, and it is only right that India, as the world's primary cutting and polishing centre, should hold a fair to showcase the diamonds that we have available for sale.

The Bharat Diamond Week puts buyers directly in touch with suppliers in a convenient setting, saving time and expenses as the exhibitors and their goods can be easily and quickly found, thus making the fair an efficient visit We will be announcing further details in the coming weeks," he says. . Source