Antwerp, July 28, 2010 – Fourteen Antwerp diamond companies will be in Mumbai, India, August 19-23, where they will be exhibiting in the Antwerp Diamond Pavilion at the 27th India International Jewellery Show (IIJS).
This is the third consecutive year that an Antwerp Diamond Pavilion will be exhibiting at the show, which with more than 30,000 jewellery retailers and industry professionals visiting is considered a critical springboard into one of the world’s fastest developing jewellery consumer markets.
The Antwerp Diamond Pavilion is located in Hall 1 of the NSE Complex in Mumbai. It is part of a newly dedicated “Loose Stones Section” at IIJS, which congregates in a single area a massive quantity of loose diamonds and coloured gemstones.
According to data released the Reserve Bank of India, the country’s economy is set to grow by 8.4 percent over the current fiscal year, which is higher than the rate forecast just several months earlier.
During the first six months of 2010, polished diamond exports from Antwerp to India rose by 42.6 percent to $362.1 million.
The Indian diamond industry is far and away the world’s largest producer of polished goods and Antwerp is its largest supplier of rough diamonds. Indeed, about 60 percent of Antwerp ’s rough diamonds head for the Indian subcontinent.
A dedicated website for the Antwerp Diamond Pavilion at the 2010 India International Jewellery Show has been launched at www.antwerpdp-mumbai.com.
The website includes an interactive map of the pavilion and a module by which contact can be made with the Antwerp companies exhibiting at the show.