Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate.
Over 1,000 visitors from India and across the world had attended the second edition in October last year where they did business with 150 Indian exhibitors of polished goods. This year’s event is expected to be larger both in terms of exhibitors and visitors, BDB said.
Mr. Mehul Shah, BDB Vice-President and head of the Bharat Diamond Week, said: “Preparations are well in hand with the opening of registration. In addition to hosting delegations of foreign buyers which are being specially organised, we will welcome buyers from Israel, Dubai and several European countries as well as from across India.”
According to BDB President Mr. Anoop Mehta the show dates, which are just before the Diwali festival, will coincide with a period when exhibitors will be looking to sell goods before the closing for the festival holidays.
Vice President of WFDB and President of the Shanghai Diamond Exchange (SDE), Mr. Lin Qiang will be the Guest of Honour. He will be accompanied by members of the SDE.
“I believe this is another step in broadening our links with the Shanghai Diamond Exchange which is an important part of the global diamond family,” Mr. Mehta added.
The Bharat Diamond Week has been conceptualised to create maximum coverage for the BDB’s small and medium-size companies. “As with the shows last year, we are offering an opportunity to our SME’s to exhibit their goods to a global audience. This is an inter-bourse show which proved to be a highly successful concept last year. We are building on those first two shows to take it to the next level with higher numbers of exhibitors and many more buyers expected,” Mr. Shah said.
He added that trading of synthetic or lab-grown diamonds is banned in the BDB, and they will not be available at the Diamond Week either.
Each participating company will be entitled to have one booth only at the show venue. Additionally, visitors will have the opportunity to interact with many more of the BDB’s 2,500 member-businesses.
Mr. Mehta added, “The Bharat Diamond Week showcases the beautiful gems created for a global audience in the world’s biggest and most important cutting and polishing centre which can supply virtually any diamond a buyer may need in any shape, size or colour. We aim to put buyers directly in touch with suppliers in a convenient setting, saving time and expenses as the exhibitors and their goods can be easily and quickly found, thus making the fair an efficient visit.”
While priority will be given to visitors who are members of bourses affiliated to the World Federation of Diamond Bourses (WFDB), all members of the diamond trade across the world are welcome to participate, Mr. Mehta stated.
BDB also announced that there are approximately 150 complementary hotel rooms available for foreign buyers.
