As U.S. business slips, India's eyes wander
Mumbai, India--Amid the hustle and bustle of the India International Jewellery Show (IIJS) this summer, one thing was clear: Other countries are learning to live without the U.S. demand for diamonds.
Indo/U.S. conference set for next week
Mumbai, India—The second Indo/U.S. Jewelry Business Relationship Development Conference—dubbed the "Best of the Best"—is slated to get underway on Monday in Mumbai, India.
IGI launches diamond-typing service
New York—The International Gemological Institute (IGI) is offering a new service that can identify a diamond's type.
Gitanjali launches CZ and gold line
Mumbai, India—Indian retailer Gitanjali Group has launched a new line of gold and cubic zirconia (CZ) jewelry, the company announced this week.
As U.S. economy slows, India turns to Middle East
Mumbai, India—Although the United States remains India's No. 1 market for jewelry exports, the country is not about to let its jewelry industry suffer in the wake of the U.S. economic slump.
Rio Tinto 'excited' about new India diamond mine
London—Mining company Rio Tinto, best known for pink and brown diamonds from Australia, has taken the initial step in developing India's first significant diamond mine.
India looking to source rough directly from Africa
New Delhi—A delegation of Indian leaders are Africa-bound, on a mission to cultivate rough-diamond relationships, according to various news sources.
India to strike deal with DRC
Mumbai, India—India is likely to ink a diamond cooperation deal with the Democratic Republic of Congo (DRC) during DRC Foreign Minister Antipas Mbusa Nyamwisi's current visit to India, the...
Gitanjali acquires silver jewelry brand Lucera
Mumbai, India—The Gitanjali Group has announced the acquisition of Renaissance Jewellery's Lucera Jewellery, strengthening its position in the silver jewelry market.
GJPEC show a watermark for India's jewelry industry
Goa, India—The Gem and Jewellery Export Promotion Council (GJEPC) is celebrating its first show, IIJS Signature, Goa, as a brand "India" building exercise that underscores the country's...
Less than half of lots move at Rapaport auction
New York—Rapaport auctioned off 16 of its 39 diamond lots available at last week's auction, for a total of $104,814.
Gitanjali partners with jewelry, watch brand
Bombay, India—The Morellato and Sector Group, an international jewelry and watch manufacturer, has partnered with Gitanjali Gems, one of India's largest integrated diamond and jewelry...
Luxury jewelry show goes to Goa
Goa, India—Swaying palm trees, lotus flowers, the crash of the Arabian Sea, fresh mangoes, fish curry, massages, Hindu temples and vibrant Portuguese colonial architecture. And, oh yes: luxury...
Expectations strong as IIJS opens in Mumbai
Mumbai, India—Despite some recent challenges for the Indian jewelry industry, the mood was positive on Thursday as the India International Jewellery Show (IIJS) opened at the NSE Complex in...
Prestige Jewelry, Firestone International partner
India—International diamond and jewelry manufacturer Firestone International, based in India, has teamed up with diamond-jewelry supplier Prestige Jewelry International, based in New York.
Indo/U.S. jewelry conference signs sponsor
Mumbai, India—The Gem and Jewellery Export Promotion Council (GJEPC) has announced that Rio Tinto Diamonds has joined the "Best of the Best" Indo/U.S. Jewelry Business Development Council as a...
Global gold-jewelry demand breaks records in 2Q
London—Dollar demand for gold in the jewelry, retail investment and industrial sectors reached new financial heights in the second quarter of 2007, according to research by precious-metals...
Gitanjali sells branded loose diamonds
Mumbai, India—The Gitanjali Group recently launched loose-diamond brand Ezee Diamonds to target middle-market consumers in India, according to published reports.
India, Thailand to pay import duties on gold jewelry
Washington, D.C.—President Bush has issued a proclamation terminating a trade policy that allowed India and Thailand to import gold jewelry without paying import duties.
Indo-U.S. conference gains momentum
Mumbai, India—Retailers and key sponsors are signing up for the Indo-U.S. Jewelry Business Development Conference for the top North American retailers, scheduled to take place from Oct. 1-5 at...