Niru Diamonds Named Outstanding Exporter by Israeli President

Dec 29, 2014 1:32 AM By Niru

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Press Release: Niru Diamonds Israel was among the country’s top 10 exporting companies that was honored yesterday in an official ceremony at the residence of the President of Israel, Reuven Rivlin.

Niru Diamonds received the “Outstanding Exporter” award for 2013, during which time the company exported an impressive $112 million in polished diamonds. In 2013 the company was Israel’s fifth-largest diamond exporter.

The ceremony was held in the presence of Rivlin along with the Minister of Economy, Naftali Bennett, and was attended by senior officials of the Foreign Trade Administration of the Economy Ministry, representatives of major economic organizations and exporters. Prizes were awarded to exporters in several categories, including advanced technology, traditional industries and the diamond industry.

Bennett said, "Israeli exports are a major part of this country’s economic strength. Israeli creativity drives our industries, both in quality of products and in the ability to break into new markets and expand our reach in existing ones.”

Niru Diamonds Israel was established in 1979 by Ranjeet Barmecha and it became a member of the Israeli Diamond Exchange in 1980. From its roots in Israel, the company has grown into a global enterprise, with sales and manufacturing facilities located around the world, including Geneva, New York, Hong Kong, Bangkok, Sri Lanka and Dubai. Niru was one of only three new companies that rejoined the list of De Beers sightholders in 2012. A leading manufacturer of princess and baguette cuts, Niru also specializes in precision setting, making it a leading supplier of the high-end Swiss watch industry and the world’s leading jewelry brands. The Niru Group has been certified by the Responsible Jewellery Council and is a member.

Niru manufactures top-quality polished diamonds at state-of-the-art factories in Israel, India, Sri Lanka and Switzerland. The company also manufactures diamond jewelry.

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Tags: Israel Diamond Institute Group of Companies, Niru