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The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

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Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

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James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

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07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

India’s cut & polished diamond export increases 146.12% in July

17 august 2021
India’s cut & polished diamonds recorded at $ 2260.48 mn in July 2021 showed a growth of 146.12 % as compared to $ 918.44 mn for the same period of the previous year.
Imports of cut & polished diamonds at $ 105.66 mn in July 2021 registered a decline of 47.33 % as compared to $ 200.59 mn for July of the previous year. 
During the period April – July 2021, exports of cut & polished diamonds at $ 8522.34 mn recorded a growth of 213.31 % as compared to $ 2720.12 mn for the same period of the previous year. 
Imports of cut & polished diamonds at $ 467.65 mn showed a decline of 7.22 % as compared to $ 504.04 mn for the same period of the previous year. 
The overall gross Imports of Cut & Polished diamonds in Domestic Tariff Area (DTA) at $ 116.86 mn showed a growth of 64.34 % as compared to $ 41.67 mn for the same period of the previous year.
The imports of cut & polished diamonds in SEZ (Special Economic Zones) at $ 350.79 mn shows a decline of 24.13 % as compared to $ 462.37 mn for the same period of the previous year.
Rough diamond imports recorded $1556.79 mn in July 2021 up 574.23% compared to rough diamonds imported at $ 230.90 mn in July 2020. 
Rough Diamonds imports at $ 6205.95 mn in Apl-July 2021 show a growth of 770.70 % compared with the imports at $ 712.75 mn for the previous year. In volume terms, the Import of rough diamonds at 57.455 mn carats during Apl-July 2021 shows a growth of 549.08 % compared with the imports at 8.852 mn carats during the previous year.
Exports of Polished Lab-Grown Diamonds for the period April-July 2021 at $ 368.72 mn show a growth of 374.29 %, over the comparative figure of $ 77.74 mn for the previous year.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished