On the first day of the conference, the participants from all continents and countries discussed a number of key issues of the diamond industry. Conference dedicated to the celebration of the 50th anniversary of the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), showed that the discussion of the problems helps create different views of the participants in order to overcome the numerous obstacles that have plagued the industry.
Minister of Mines of India Piyush Goyal (Piyush Goyal), who addressed the audience with a keynote speech at the opening of the conference, believes that the diamond deposits in India should be developed to ensure that the nation has become, to some extent self-sufficient in terms of the supply of rough diamonds .
It was felt that Chidakva Walter (Walter Chidakwa), Minister of Zimbabwe mining industry, managed to attract the attention of the audience's emotional speech about how Africa was exploited and deprived of their mineral wealth for decades, while the countries and their population remained poor. He asked for support in creating jobs in Africa, at the same time ensuring the flow of diamonds to India.
In addition, the vice president of ALROSA Andrey Polyakov, as well as Executive Vice President of Global Sales sightholders De Beers Pol Rouli (Paul Rowley), spoke about the current operating status of the Company and its future plans.
Lawyer Rohan Shah elaborated on the problems of education in the industry, and all matters related to the regulation, the concept of tax havens, the laws relating to the diamond business worldwide and in India itself.
On the second day of the conference discussed the current state of the diamond industry, including survival in the absence of growth, marketing, retail, and other topics, and soon it turned into a real conflict zone because of the controversial speech Martina Rapaporta, who struck a chord with the Indian players Diamond industry, describing the style of work of the sector.
Sanjay Kothari (Sanjay Kothari), Vice-Chairman of the Board of KGK Group, spoke on the topic of survival in the industry with no growth and stressed the need for change and the struggle for growth and prosperity.
Ghanshiyam Dolakov (Ghanshyam Dholakia), managing director Hari Krishna Exports, was also very positive in their attitude, saying that a common focus on the core business is the only way of survival.
Auspicious moment was the meeting with the former Chairman of GJEPC Sandzhaem Kothari, who moderated the discussion with GIA, IGI, HRD and other industry bodies to certification of synthetic diamonds.
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A delegation from De Beers, headed by the general director Filippom Mele (Phillipe Mellier) conducted a detailed discussion of the problems of the diamond industry with a team of high-ranking representatives of Export Promotion Council of gems and jewelry in India (Gem & Jewellery Export Promotion Council, GJEPC), headed Pravinshankarom Pandya ( Praveenshankar Pandya), chairman of the organization. The meeting was held on March 2 in the complex Indian Diamond Exchange (Bharat Diamond Bourse, BDB) in Mumbai, gjepc.org portal reported.
After greeting the guests Pandya presented a number of key issues of concern of the Indian diamond industry De Beers representatives.
Among the major topics covered in the course of the discussion, there were questions about the value of the diamond and on the need to control the supply, the need to ensure a fixed level of the regular supply of rough diamonds in small batches. In addition, it discussed the interaction with the banks to ensure that industry funding, and the need for marketing diamonds as a product category, support is expressed in GJEPC.
The report also quoted the Council Mellier. He said that in the last quarter of last year, De Beers has already taken a number of steps to control the supply of rough diamonds, helping the entire diamond industry. Mellier said that the company has already agreed to provide regular supply of diamonds to Indian diamond cutters, and now is developing methods to implement these agreements.
In addition, De Beers will meet with representatives of the banks to provide better support for the diamond industry on their part. Mellier also supported the development and marketing of diamonds has asked representatives of the diamond segment in India to prepare a detailed plan for the joint initiative on this expenditure.
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