MUMBAI, FEBRUARY 1: At the beginning of the new millennium, The Gem and Jewellery Export Promotion Council (GJEPC) jointly with Ministry of Commerce and Industry is organising a two-day international diamond conference in Mumbai on March 3-4.The conference `Mines to Market' will be attended by over 7,000 members from across the global diamond industry.
Included in the list of participants will be De Beers, Argyle, BHP, Ashton, Namdeb, Debswana, Gokhran and Government of Nort West Territories of Canada, Technilcal exports from HRD and GIA and financial experts from leading diamond banks like ABN Amro and the State Bank of India (SBI).
It will provide a platform for all the different players connected with the diamond industry-from producer, to bankers, to analysts, technical experts and distributors to deliberate on and help shape the emerging contours of the industry in the 21st century.
The conference is being held at a significant stage in the development of the Indian diamond industry, said a GJEPC statement. The exports of cut and polished diamonds in 1998 was placed at $4.8 billion. During the calender 1999 (January to December 1999) the value of exports of cut and polished diamonds is expected to jump to $6 billion. Out of every 10 diamonds traded worldwide, 9 comes from India, claims The Gem and Jewellery Export Promotion Council.
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