Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

Yesterday

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 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