Top polished diamond exporter Niru Diamonds Israel was among the country’s top 10 exporting companies honored in an official ceremony at the home of Reuven Rivlin, President of Israel, on Sunday.
The firm received the 'Outstanding Exporter' award for 2013 for its exports of $112 million in polished diamonds. In 2013, the company was Israel’s fifth-largest diamond exporter.
The awards ceremony was presided over by President Rivlin and Minister of Economy Naftali Bennett. It was also attended by senior officials of the Foreign Trade Administration of the Economy Ministry, representatives of major economic organizations and exporters. Prizes were awarded to exporters in several categories including advanced technology, traditional industries and the diamond industry.
Minister of Economy Naftali Bennett commented: "Israeli exports are a major part of this country’s economic strength. Israeli creativity drives our industries, both in quality of products and in the ability to break into new markets and expand our reach in existing ones.”
Niru Diamonds Israel was established in 1979 by Ranjeet Barmecha, and became a member of the Israeli Diamond Exchange in 1980.
From its roots in Israel, the company has become global, with sales and manufacturing facilities located around the world, including in Geneva, New York, Hong Kong, Bangkok, Sri Lanka and Dubai.
Niru was one of only three new companies that rejoined the list of DTC sightholders in 2012. The firm manufactures princess and baguette cut diamonds, and also specializes in precision setting, supplying the high-end Swiss watch industry and the world’s leading jewelry brands.
