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De Beers’ IIDGR to launch low-cost melee testing at Surat

The International Institute of Diamond Grading and Research (IIDGR) of the De Beers Group of Companies in the diamond city will start the low cost, high volume melee diamond testing service from October 26.

De Beers has set up its second IIDGR facility in the diamond city after the first such facility set up in Antwerp in Beligum.

The service will provide diamantaires with the opportunity to use IIDGR's leading proprietary technology to verify the natural diamond content of parcels of melee before they are traded. Goods will be returned in sealed, tamper-proof IIDGR packages, with the content of each clearly labelled.

President of IIDGR, Jonathan Kendall said, "This service will play an important role in supporting both trade and consumer confidence. Sellers will be able to provide potential buyers with pre-checked goods in sealed IIDGR packages, removing any potential concerns around disclosure."

Kendall added, " As more and more diamond businesses seek greater levels of assurance about the content of the melee they are purchasing, this service will meet an increasing industry need. As the industry continues to evolve, IIDGR services - whether in synthetic melee detection, diamond verification instrument sales or diamond grading - will continue to support the sector's need for confidence throughout the pipeline."

The service in India will build on the strategic partnership that has been established by IIDGR and the Gemmological Institute of India (GII) to support confidence in the domestic sector.

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Surat Industries get diminished

A year ago, the diamond capital of Surat hit the headlines when one of the largest polishing companies there treated hundreds of employees to bonuses in the form of cars, apartments and jewellery.

This year, there's no sign of a repeat bonanza in a city that by some estimates polishes about 80 percent of the world's diamonds.

More than 5,000 Surat polishers have lost their jobs since June and thousands more could be left without work, as Chinese consumers pull back from luxury purchases, leaving jewellers with stocks of unsold jewellery and gems. Polishers say Chinese jewellers have defaulted on deals worth millions of dollars.

Nearly half a dozen large diamond companies in the city have closed down. A significant hit for an industry that employs nearly a million people in India, two-thirds of them in Surat.

Sunilkumar Rajput spent 25 years cutting gems in this coastal city. He lost his job in June.

"I am ready to work even at half the salary I was getting in my previous job, but no one will listen," says Mr Rajput, 45.

Distress in warren of polishing houses of Surat comes at a time of unrest in  Gujarat, with hundreds of thousands of members of the Patidar or Patel community demanding changes to the quota or reservation policy for government colleges and jobs.

Like many largest industries, diamond polishing in Gujarat is dominated by Patels, who make up 14 percent of the state and a nascent but disgruntled middle class.

Hiren Patel, 35, says his salary has halved since June: "We have work only for three days a week."

Last month, he joined a rally of at least half a million people which was followed by violence, leaving at least seven dead.


The Advanced Diamond factory in Surat

Shree Ramkrishna Export (SRK), one of India’s leading manufacturers of loose diamonds and diamond jewellery had laid the foundation for its new diamond manufacturing unit in Surat. It has been built with the world’s most technologically advanced processes to lend new benchmarks for standards in diamond cutting & polishing.

Govind Dholakia, the chairman of Shree Ramkrishna Export   stated that this is ‘a landmark day in the history of SRK’. The infrastructure of the factory comprises of 250,000 sq.ft. Facility with the latest diamond planning & cutting equipment, sophisticated IT network solutions designed by HP, and highly advanced security systems.

It was inaugurated by Varda Shine DTC CEO and Guest of Honour at the event, along with colleagues from De Beers Group and the Diamond Trading Company (DTC).

Govind Dholakia, the chairman further added that, “This facility ranks among the most modern and efficient diamond manufacturing plants in the world and strengthens our ability to produce the finest diamonds for our growing customer base.”

Manufacturers Suppliers Surat, Saree Manufacturers Surat, Surat Jewellery Manufacturers, Electric Rickshaws Manufacturer Surat

Surat is known as the diamond hub of the world. Surat has expert manufactures in the industries of textile and diamond manufacturing. Surat has unique saree manufacturers who produce 65 per cent of all of the fabrics and yarns man - made in India.  There are nearly 400 saree manufacturing units in Surat. Each unit produces an average of twenty million fabrics annually. The products include embroidered saris, hand embroidered silk, fancy chiffon and party wear saris and also ethnic Indian saris.

It is a known fact that they are the experts in the b2b market place of diamonds, textiles and the diamond studded gold jewelry manufacturing. The administrative headquarters is located near the banks of Tapti River. The Surat manufacturers also extend their hands in pharmaceuticals, ball pen Electric rickshaws and pc tubes manufacturing.

The Surat manufacturers in India can also be unleashed to the top level as they are unique in the field of sari manufacturing, fabrics etc…The Surat b2b marketplace is yet to be flourished to reach the heights. The manufacturers in Surat are of course the pillars to make Surat reach the heights in the global b2b market place. 

Bizbilla have wide range of Surat manufacturers in the local and the global b2b markets to expand your business.