The first-ever Bharat Diamond Week (BDW) got underway today at the Bharat Diamond Bourse (BDB) in Mumbai with the honours done by US Consul-General Edgard Kagan. The event is set to run through April 25.
The BDW is a combination diamond buyer-seller meet with scheduled one-on-one interactions and loose diamond trade exhibition. BDB Vice President Mehul Shah, who is in charge of the event, said over 500 buyers had registered for the BDW, with some 150 of those being overseas registrations.
New York Diamond Dealers Club (DDC) President Reuven Kaufman, who is also slated to be the next Vice President of the World Federation of Diamond Bourses (WFDB) is heading a US buyer delegation to the event.
The BDW also features the third edition of the Diamond Detection Expo & Seminar (DDES) running in parallel at another venue inside the BDB. The DDES showcases synthetic diamond detection equipment and techniques, with all the major laboratories taking part.
The run-up to the BDW featured a cricket tournament, with several diamond-company teams participating. It was eventually won by the BDB XI.
BDB President Anoop Mehta said, "There has been a carnival atmosphere at the bourse since the cricket tournament took place, and we are delighted that the Diamond Week has now got underway. I am sure that this show will become one of the main fixtures on the diamond industry's calendar. India is a vitally important global market and the Bharat Diamond Week will provide a perfect setting for business to take place with our friends and colleagues from across the diamond industry. Our aim is to hold two Bharat Diamond Week shows annually."
Mehul Shah, expressed his gratitude to the team he said had worked tirelessly to make the event a reality. "I want to thank all the people who have been involved in creating this inaugural event. It has required an extraordinary amount of planning, effort and coordination and now we are seeing the fruits of all this in an incredible show.”