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Israeli Diamond Industry Reaches Out to India at IIJS Mumbai

Jul 19, 2010 5:55 AM   By IDI
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Press Release: The Israeli Diamond Industry is once again participating in the India International Jewelry Show (IIJS) to be held in Mumbai from August 19 to August 23, 2010. An Israel Diamond Pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will include seven Israeli companies. This is the third time that IDI has organized a national pavilion at the show.

IDI sources said that interest in exhibiting at the show was high and space was limited, thereby creating a waiting list of Israeli companies. The companies exhibiting are: AG Diamond Direct Ltd., EZ Diamonds, Hausman Diamond Manufacturers, Julius Klein – Eliaz Diamonds, Niru Diamonds, Schachter & Namdar Asia and Shlomo Bichachi Diamonds Ltd.

As in previous years, IDI will have an image booth within the pavilion at 1B037, which will provide buyers with information about the Israeli Diamond Industry and the advantages of doing business with Israel and will register industry members for the Israeli Diamond Industry Portal site and online data base.

IDI Chairman Moti Ganz said that it was very important for the Israeli Diamond Industry to forge ties with the Indian industry.

“As two of the world’s leading diamond centers, Israel and India can complement each other in both manufacturing and trading. We believe in the great potential of this enormous market, which is growing at a very rapid pace,” he said.

IDI Managing Director Eli Avidar said that the institute was actively supporting the enhancement of ties between the two diamond industries.

“We encourage Israeli companies to explore business opportunities with the growing Indian market. Our belief in the Indian diamond industry has led us to initiate memorandums of understanding with the Gem and Jewellery Export Promotion Council (GJEPC) and the All India Gems and Jewellery Trade Federation (GJF), which were signed in late 2009 and early 2010. We look forward to strengthening the ties between the industries in the coming IIJS show,” said Avidar.

Rapaport News is not responsible for, and does not endorse, the content of any press release. Press releases are not written by us and are provided only as additional information for our clients.

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Tags: Eli Avidar, IDI, Israel, Israel Diamond Institute
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