Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Diamantaires in Surat demand EDI facility at Surat Hira Bourse

03 october 2014
Surat-based diamantiares have demanded the Electronic Data Interchange (EDI) facility at the Surat Hira Bourse (SHB) customs house, for a hassle-free export as well as fast reimbursement of duty draw back.
Recently, an industry delegation representing the trade, put forth the issues to the Commissioner of Customs, saying that the diamond cutting and polishing centre in Surat is facing difficulties due to the non-availability of EDI facility at the customs house at SHB.
According to the delegation, the Surat-based companies are required to get all the formalities done from Mumbai Customs and therefore face practical issues and cost burden as well.
They complained that the release of Customs Duty from Mumbai office is unduly delayed, which disturbs the working capital cycle of the manufacturers.
According to sources, the Commissioner of Customs, Captain Sanjay Gehlot has assured the delegation that EDI facility will be started at the SHB at the earliest.

Aruna Gaitonde, Rough&Polished correspondent in India