Rapaport Press Release
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.



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