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NY DDC Opens India Diamond Week

Aug 11, 2014 2:01 PM   By DDC
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Press Release: Today the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), greeted close to 100 exhibitors at its first India Diamond Week on the DDC’s trading floor in Manhattan. DDC's president, Reuven Kaufman, is creating a renaissance of the diamond trading floors by welcoming diamantaires from India, the manufacturing center of the diamond industry, for the first time to experience and trade at the largest bourse in the U.S.

“We see this as a tremendous opportunity for India, a pillar of the diamond manufacturing sector, to collaborate on our trade floor, to build relationships and generate business success for our industry,” said Kaufman. “This is our third international show in a year.  I’m very excited to watch our trade floor come alive again and watch deals happen in real time.”

The event aims at increasing communication between diamantaires and promoting business globally. The DDC anticipates tens of millions of dollars worth of goods trading at this show alone.

India Diamond Week at the DDC will be held through August 14 at the DDC’s headquarters in the heart of the diamond district at 580 Fifth Avenue and 47th Street in New York. Among India’s major diamond wholesalers and manufacturers attending the show --  D. Navinchandra Exports Pvt. Ltd., J. B. Brothers, Kama Schachter, Kiran Gems, H. K. Designs, Rosy Blue, Mohit Diamonds, Interjewels and M. Tarun.

For more information, to find out how to participate in India Diamond Week, or to become an accredited member of the DDC, contact our executive office.

About Diamond Dealers Club (DDC)

Diamond Dealers Club (DDC) is the largest diamond trade organization in the U.S.  and one of the leading diamond exchanges in the world. DDC works diligently to support and encourage the growth of the U.S. diamond industry. The mission of DDC of New York is to foster the interests of the diamond, colored stone and jewelry industry by providing, regulating and maintaining a facility as a DDC; fostering just and equitable principles in trade; establishing and promoting industry-wide standards of disclosure; disseminating accurate and reliable information; carrying out the activities and objectives of the organization in accordance with the laws of the State of New York and the U.S.

 

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Tags: DDC, diamond trading, india week, new york
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