NY DDC Opens India Diamond Week

DDC New YorkNew York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), greeted yesterday 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.