In India, the manufacturing sectors of both unadjusted stones and jewelry have already begun preparations for the IIJS 2015. Therefore, the demand for unmanaged stones should rise in the coming weeks and months.
But the statistical production data announced by the Gem and Jewelery Export Promotion Council (GJEPC) of India, repeated the figures of the previous months, and the volume of exports fell again. The volume of polished exports of India fell by 9.34 percent in May 2015, reaching $ 1,742.30 million (2.59 million carats), compared to $ 1921.75 million (2.87 million carats) in May 2014. The volume of diamond exports showed a decrease of 17.43 percent, to $ 117.68 million (2.25 million carats) in May 2015, compared with $ 142.53 million (2.92 million carats) in May 2014. The volume of imports of diamonds was $ 1,322.62 million (11.11 million carats) in May 2015 compared to $ 1,538.73 million (12.13 million carats), indicating a decrease of 14.04 percent. The volume of imports of polished diamonds was $ 195,
In addition to the troubles of the diamond cutting sector due to the liquidity crisis, low profits, high prices for diamonds, etc., monsoon floods this year have destroyed diamond factories in Gujarat, bringing unspeakable disasters to their owners in Many places. Amreli, one of the largest centers for polishing and polishing inexpensive diamonds after Surat, where the majority of diamond cutting enterprises are located in places such as Bagasara, all of them were recently flooded during the flood. Most of these small businesses performed work for the Surat diamond manufacturers. There have been reports of huge damage to life and property, but exact figures are not yet known.
But June was rich in events in the diamond industry, as the Indian government's message to allow diamond trade in India to the world's leading diamond mining companies by creating a "Special Notified Zone" came sometime late in May as a gift of fate. SWEC, the national agency responsible for managing customs, central excise and service taxes in India, has decided to introduce the necessary provisions permitting and providing demonstrations, auctions, sales of diamonds on the Indian Diamond Exchange (Bharat Diamond Bourse ), Mumbai, from July 1, 2015, which was very encouraging for the industry participants. India, which now owns almost 14 of the 15 diamonds, already plays a dominant role in the diamond industry.
In addition, the Ministry of Commerce and Industry of the Indian Government has approved a plan for the development of the Common Facility Centers (CFC) for the production of diamonds in many large and small cities throughout the state of Gujarat. The government's plan is to provide about $ 8 million for a project well accepted by the Indian industry. The CFC scheme was proposed to assist small and medium-sized diamond manufacturing enterprises located in cities and remote villages. GJEPC is appointed as the central agency for this scheme, and he established the Project Steering Committee, which will soon finalize the plans for the implementation of the first phase.
In addition, with Surat, who was closely watched after the discovery of a large number of undeclared mixed synthetic diamonds in the party of natural diamonds from Mumbai, Surat and other parts of the world, including Belgium, Israel and Dubai, was removed in the last two years Suspicion, when the Diamond Detection and Resource Center (DDRC), opened by the Council for the Promotion of the Export of Gemstones and Jewelry at the Indian Diamond Institute (IDI) in Surat, check over 10 000 diamonds "stars" and "chalk" (small) in the last six months with the help of modern automated screening devices Automated Melee Screening (AMS) and other types of serious equipment, and has not detected any synthetic diamond.
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