RAPAPORT... PRESS RELEASE, February 7, 2013, Mumbai: The
Rapaport Group has opened its new Indian headquarters at the Bandar Kurla
Complex, Mumbai’s new financial center.
The Group also opened a new office on
the ground floor of the Bharat Diamond Bourse.
Rapaport India employs 70 people, with offices in
Mumbai’s BKC and Opera House, as well as a large facility in Surat. In
operation since 2002 the company supports Rapaport Information and Research
Services, RapNet® – the Rapaport Diamond Trading Network, RapLab® and Gia
LabDirect® Gemological Services and
Rapaport Trading and Auctions.
Mordechai Rapaport (R), Director of Rapaport Group and Pooja Kotwani (L), Managing Director of Rapaport India at the Inauguration of Rapaport India's new headquarters.
''India is a primary growth market for the diamond
and jewelry industry offering unparalleled opportunities for firms willing to
invest in its development. While India dominates global diamond production it
is also the home of millions of new middle class consumers who will
significantly increase diamonds demand.
''The Rapaport Group is proud to increase
our investment in India and support our values for the development of free,
fair, efficient, transparent, competitive and ethical diamond markets. We will
extend our activities in India to include source certification that will
promote the sale of diamonds from ethical sources,'' said Martin Rapaport,
Chairman of the Rapaport Group.
For more information contact: Media@diamonds.net
India: Mittal Kalsy +91-97699-30069
US: Sherri Hendricks +1-702-893-9400
About the Rapaport Group: The Rapaport Group is an
international network of companies providing added value services that support
the development of free, fair, transparent, efficient, competitive and ethical
diamond markets. Established in 1978, the Rapaport Diamond Report is the
primary source of diamond prices and market information. Group activities
include publishing, research and marketing services, internet information and
diamond trading networks, global rough and polished diamond tenders, diamond
certification, international clearing house services and fair trade
development. Major activities of the group include the development of markets
for Fair Trade Diamonds and Jewelry as well as the creation of diamond futures
markets. Additional information is available at www.Rapaport.com.