Rapaport Press Release
Twenty leading Chinese companies arrive in India to buy diamonds and jewelry.

RAPAPORT... Press Release, MUMBAI: The Rapaport Group is pleased to announce the first visit to India by the Rapaport Buyers Group - China (RBG-China). The buyers group includes twenty of China’s leading retail jewelers and wholesale dealers, who will be visiting India to buy diamonds, gems and jewelry. Many of the buyers will be visiting India for the first time.

The buying mission to India has been organized by Rapaport China as part of an overall initiative supporting China’s diamond, gem and jewelry buyers through the establishment of a proactive Rapaport Buyers Group (RBG). RBG members enjoy numerous benefits, including advice and assistance for the international sourcing of diamonds, gems and jewelry. The buying mission to India is an important step in the establishment of a comprehensive sourcing program for RBG members.

The RBG-China “Mission to India” is being sponsored by three leading Indian suppliers — Blue Star Diamonds, Rosy Blue and Shrenuj — and enjoys the support of India’s Gem and Jewelry Export Promotion Council (GJEPC). The buyers will attend the India Diamond and Colourstone Show (IDCS) and the India International Jewellery Show (IIJS), and will visit diamond cutting and jewelry factories during their five-day visit to India. Rapaport India will be hosting the group during the visit, while Rapaport China will be organizing shipments, payments to suppliers and the import of products into China.

“The establishment of Rapaport Buyers Groups around the world is an important initiative promoting the efficient trade of diamonds and jewelry throughout the world. The Rapaport Group is fully committed to supporting jewelry retailers and wholesalers that wish to optimize their international sourcing opportunities. We have the global reach, local presence, international connections and experienced, dedicated staff necessary to help buyers locate the best products at the best prices. The Rapaport Group welcomes our Chinese buyers to India and thanks our Indian sponsors for their support,” said Martin Rapaport, chairman of the Rapaport Group.

The following Rapaport events will be taking place in India over the next eight days:

Rapaport Presentation:  “How to do Business in China” — Wed August 5, 8 a.m. at the Renaissance Hotel

Martin Rapaport Lecture:  “Challenges and Opportunities” — Sunday August 9, 1 p.m. at IIJS seminar

Rapaport Seminar (by invitation only) — Wednesday August 12, 7 p.m. in the Crystal Room, Taj Palace and Towers

RSVP to Manisha Mehta:  manisha@diamonds.net or +91-97699-30065

A press conference will be held Sunday August 9 at 2:30 p.m. at the IIJS press conference room

For additional information contact:
Manisha Mehta   manisha@diamonds.net or +91-97699-30065
Lauren Friedman lauren@diamonds.net or +1-347-756-4273

About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of free, fair and competitive global 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, quality-control, compliance, shipping, and financial services. 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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