First ever India Diamond Week is set to be organized from August 11 to 14, 2014 in New York. This Buyers-Sellers meet is a joint initiative between Gem & Jewellery Export Promotion Council (GJEPC) and Diamond Dealers Club (DDC) to foster networking between diamond dealers in India and US.
Diamond manufacturing sector in India employs near one million people across the country. India is the world’s largest center of cutting and polishing of diamonds and it contributes 85% in terms of volume and 92% in terms of pieces. GJEPC has 5300 members and it operates under the supervision of Ministry of Commerce & Industry, Government of India, while DDC is US’ largest diamond trade organization and a leading diamond exchange.