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Natural Diamond Monitoring Committee to Form in Surat
Dec 20, 2015 7:02 AM
By Rapaport News
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RAPAPORT... India’s Gem & Jewellery Export
Promotion Council (GJEPC) will establish a Natural Diamond Monitoring Committee
(NDMC) in Surat, the trade association said following the conclusion of a seminar
on detecting synthetics.
GJEPC chairman
Praveenshankar Pandya announced the committee for Surat would be set up “soon”
following the success of its counterpart in Mumbai, according to a statement by
the GJEPC and the Bharat Diamond Bourse December 18.
The Diamond Detection Expo and
Symposium, organized by the GJEPC and the BDB, ran December
15 to 16 in Mumbai and featured displays of detection equipment, talks and
panel discussions from experts and presentations by service providers.
Separately, the gem and jewelry
industry is working to ensure businesses can install detection machines in
their offices, BDB president Anoop Mehta said in the statement.
“This is very much possible if demand for the technology
increases, bringing the unit cost of each machine within reach for even the
smallest businesses,” Mehta said. “It is essential to draw a parallel with
digital technology that had completely replaced the old diamond weighing scales
in a matter of a little more than a decade.”
Fast and affordable
detection is essential for “protecting” the diamond industry from undisclosed
mixing of natural and synthetic stones, according to Ashish Mehta, convener of
the NDMC.
The BDB banned
trading in synthetics on the exchange’s premises earlier this year following a
members’ vote.
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Tags:
Bharat Diamond Bourse, Gem & Jewellery Export Promotion Council, GJEPC, India, mumbai, Natural Diamond Monitoring Committee, NDMC, Rapaport News, Surat, Synthetics
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