First India Diamond Week Starts At DDC NY

The India Diamond Week will be held through August 14 at the DDC in the heart of the diamond district at 580 Fifth Avenue and 47th Street in New York.

The Diamond Dealers Club (DDC), in conjunction with India’s Gems & Jewellery Export Promotion Council (GJEPC), greeted close to 100 exhibitors at its first India Diamond Week on the DDC’s Trading Floor.

“DDC President Reuven Kaufman is creating a renaissance of the diamond trading floors by welcoming diamantaires from India, the manufacturing center of the diamond industry, for the first time to experience and trade at the largest bourse in the U.S.,” the DDC said in a statement.

“We see this as a tremendous opportunity for India, a pillar of the diamond manufacturing sector, to collaborate on our trade floor, to build relationships and generate business success for our industry,” said Kaufman. “This is our third international show in a year. I’m very excited to watch our trade floor come alive again and watch deals happen in real time.”

The event aims at increasing communication between diamontaires and promoting business globally. The DDC anticipates tens of millions of dollars’ worth of goods trading at this show alone.

Among India’s major diamond wholesalers and manufacturers attending the show are D. Navinchandra Exports Pvt.Ltd., J. B. Brothers, Kama Schacther, Kiran Gems, H. K Designs, Rosy Blue, Mohit Diamonds, Interjewels and M. Tarun.