Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

FedEx to boost the diamond industry of Gujarat

28 november 2023

India exports gems and jewellery to the US, Hong Kong, UAE, UK, Belgium, Israel, Thailand, Japan, Singapore and other countries. Come next week, a customer from anywhere in the world can order diamonds and jewellery from manufacturers in Surat and have it delivered at their doorstep, with all the guarantees in place via e-commerce and transportation company FedEx Corporation.

The door-to-door sale from Gujarat has been facilitated by the Gem & Jewellery Export Council of India (GJEPC), the apex body to promote exports of gems and jewellery in India, that has partnered with the American multinational. To begin with, it would launch the pilot project across Gujarat and gradually source from other centres in the country, a team from FedEx said.

The experiment, if successful, will increase the buyer base of the manufacturers and do away with layers between a customer and a seller in the international market, say experts. The decision to partner with FedEx was taken at a webinar held Friday by the GJEPC Gujarat Regional Office in Surat with over 200 diamond and jewellery businessmen and retailers across the state to understand the challenges and the way forward to increase exports.

At a webinar, the GJEPC Gujarat Regional Chairman Vijay Mangukiya introduced the FedEx services to the attendees. He also assured members that GJEPC is determined to help each individual company reach their export targets and provide full support to cultivate new export avenues.

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