Articles tagged under: Diamonds

Passenger held with Rs. 6.45 crore diamonds wrapped in carbon paper in Chavana packet

July 31, 2022
Passenger held with Rs. 6.45 crore diamonds wrapped in carbon paper in Chavana packet

Surat: Air Intelligence Unit (Custom) in Surat held Pathan Javedkhan Liyakat Ali with Rs. 6.45 crore diamonds during checking of passengers of Surat - Sharjah flight. Pathan was sent to judicial custody by local court. Pathan (47) resident of Mohammadi Masjid Maholla in Surat bad went through boarding to catch Surat - Sharhaj flight of Air India. The passengers were stopped at departure hall for custom check. Himmat Singh, Inspector of Air Intelligence Unit found diamonds in plastic pouch of...Read More

Big relief for Surat’s diamond industry importing rough from Russia as RBI allows payment in Indian Rupees

July 13, 2022
Big relief for Surat’s diamond industry importing rough from Russia as RBI allows payment in Indian Rupees

Surat: The diamond industry of Surat is one of the biggest beneficiaries of the Reserve Bank of India’s decision to allow export and import trade to be carried out in Indian currency instead of foreign exchange. The diamond industry of Surat will now be able to pay in Indian rupees for the rough diamonds it imports from Russia. The diamond industry of Surat imports rough diamonds mostly from Russia, payment for which is made through the importer’s bank in India using the services of a med...Read More

Surat lab develops world’s biggest 30-carat lab-grown diamond

June 11, 2022
Surat lab develops world’s biggest 30-carat lab-grown diamond

Surat: The International Gemological Institute has certified a 30.18-carat lab-grown diamond developed by Carp Impex Lab of Surat as the world’s biggest lab-grown diamond. Hitherto, a 14-carat lab-grown diamond developed by the same laboratory in 2021 held the status of the world’s biggest lab-grown diamond. The biggest lab-grown diamond has been obtained by the chemical vapour deposition process, and it has H colour and VS2 clarity. The diamond took 28 days to be grown in the labor...Read More

Rickshaw driver returns Rs 13 lakh diamonds lost by factory’s delivery man

May 27, 2022
Rickshaw driver returns Rs 13 lakh diamonds lost by factory’s delivery man

Surat: Five packets of diamonds worth Rs 13 lakh, which the delivery man of a diamond factory in Surat lost accidentally, have been successfully recovered by the police from a rickshaw driver. On the other hand, the police commissioner also offered an “Encouragegment” award of Rs 11,000 for the rickshaw driver, who honestly kept them in safe custody for 8 days in order to return them to the rightful owner. Jigar Dakshesh Thakar, who works as a deliveryman at the diamond factory, on May 18...Read More

Gujarat CM dedicates CFC for jewelry sector in Rajkot

May 14, 2022

Rajkot: Gujarat Chief Minister Bhupendra Patel dedicated the Common Facility Center (CFC) built by the Jewellery Cluster Federation Rajkot at Diwanpara in Rajkot from a grant of Rs 6 crore. CM Patel said that CFC will emerge as 'Growth Engine' for the gems & jewelry sector in Rajkot. Over 1.5 lakh persons in Rajkot are into the Gems and Jewellery sector and around 15 thousand units are operating in Rajkot. The CFC is fully funded by the Ministry of Commerce & Industry of the central g...Read More

Surat Diamond Bourse project may be ready for inauguration by April 2022

January 01, 2022
Surat Diamond Bourse project may be ready for inauguration by April 2022

Surat: The inauguration of Surat Diamond Bourse is likely to take place in April 2022 at the hands of Prime Minister Narendrabhai Modi. Surat diamond bourse  is part of Rs 2900 crore Surat DREAM city project.  About per cent work of under-construction Surat diamond bourse has been completed. The gardening, interior, cleaning and finishing works are pending and likely to be completed by March or April 2022. The size of construction is about 66 lakh square feet. There are 9 towers with 15 flo...Read More

3-day Gems and Jewelleries Exhibition kicks off in Surat

November 27, 2021
3-day Gems and Jewelleries Exhibition kicks off in Surat

Surat: Union Minister of State for railways and textiles Darshana Jardosh today inaugurated the 3-day gems and jewelleries exhibition at Sarsana convention centre, Surat organised by Surat Jewellery Manufacturers Association. Over 200 manufacturers have participated in this 3-day exhibition from 27th to 29th November. An umbrella of natural diamonds of 175 carat weight of the cost of Rs 20 lakh has become a centre of attraction in the exhibition. It is made of 12 thousand diamonds and 450-gr...Read More

Surat to have a World Jewelry Trade Centre

August 30, 2021
Surat to have a World Jewelry Trade Centre

Surat: Icchapore in Surat will have a world jewellery trade centre spreading across 60 thousand yards of land. The then Chief Minister of Gujarat Narendrabhai Modi had allotted the land of Ichchhapor GIDC to Gujarat Diamond Bourse for the construction of jewellery park in year 2004. The UPA government had given permission for a Special Economic Zone (SEZ) status for the same but the project of jewellery park couldn’t materialize due to recession in the diamond business in 2008-2009. Later ...Read More

Rupani presents 46th India Gems & Jewellery Awards to 42 entrepreneurs

August 27, 2021
Rupani presents 46th India Gems & Jewellery Awards to 42 entrepreneurs

Surat(Information): Gujarat Chief Minister Vijay Rupani today presented awards to 42 entrepreneurs from all over India, including Surat, Mumbai and Delhi, in different categories at the 46th India Gems & Jewellery Awards function organised by the Gems and Jewellery Export Promotion Council (GJEPC) and sponsored by Union Commerce and Industries Ministry at Surat. Speaking at the function at the Diamond City premises, he said the Indian diamond polishing and jewellery industry has shown to the ...Read More

Surat gets India’s first auction house by GJEPC

August 11, 2021
Surat gets India’s first auction house by GJEPC

Surat : Gem and Jewellery Export Promotion Council (GJEPC) will have its first Auction House developed on the fourth floor of Titanium Square in Vesu area of city on August 16. GJEPC has developed the Auction House at the cost of Rs 4 crores in 2200 square feet space. The rent of this auction house will be Rs 1 lakh per day. The first booking has been received for August 18. The Auction House has 15 cabins including a conference room, an administrative room, Navratna Gallery, Safe Depos...Read More

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