Over 300 Visitors Pre-register For Bharat Diamond Week
The Bharat Diamond Bourse (BDB) in Mumbai said that more than 300 visitors from India and overseas have already registered for the second edition of the Bharat Diamond Week, which is set to take place from October 8th-10th. Many more buyers are expected to register in the countdown to the expanded polished diamond fair. The inaugural show, held from April 23rd-25th, had 100 Indian exhibitors of polished goods and was attended by more than 1,000 visitors from India and across the world.
In addition, the BDB is providing flight tickets to select buyers from Turkey, Thailand and India to create more sales opportunities for the 100 Indian exhibiting companies. The BDB will also be providing 150 rooms for international buyers at a hotel close to the show grounds.
BDB vice president Mehul Shah, who heads the Bharat Diamond Week project, said: “As part of our strategy for creating a show that will provide many more sales opportunities for our diamond manufacturing and exporting firms, we have carefully chosen major buyers who we want to see at the Bharat Diamond Week. We want them to become acquainted with our exhibitors, and with the Indian diamond industry in general. That is why we decided to bring 50 select buyers here.”
BDB president Anoop Mehta said: “Registration for the show is moving ahead strongly, and we expect to see a larger number of visitors/ buyers than at the first edition. For any foreign firms that have not been to India before, I would say this is a perfect opportunity to kill two birds with one stone. They will be able to visit scores of Indian firms exhibiting at the show, displaying a huge range of diamonds in all sizes, shapes and colours. In addition, they will have the opportunity to visit the Bharat Diamond Bourse and understand the enormous variety of business opportunities and suppliers available to them.”
Meanwhile, Mehta reiterated that with India being the world’s largest diamond manufacturing centre, and the show being held before Diwali, visitors will find competitively priced diamonds. “Those buyers looking for pre-Diwali bargains will find it a highly attractive time to visit the show. With the Diwali festival starting at the beginning of November, traders will be looking to sell goods ahead of the closure of business for the holiday.”
Shah said that a new feature at the October fair will be on-site facilities for checking of diamonds created using the Chemical Vapor Deposition (CVD) method. “It is critical for our business that consumer confidence in our products remains intact. This is absolutely paramount. Consequently, we will have a display of equipment for the detection of such stones so that diamantaires can see the equipment available, how straightforward it is to operate, and the financial outlay involved.”