Tuesday, July 20, 2010

Israeli Diamond Industry Reaches Out to India at IIJS Mumbai

The Israeli Diamond Industry is once again participating in the India International Jewelry Show (IIJS) to be held in Mumbai from August 19 – 23, 2010. An Israel Diamond Pavilion, organized by the Israel Diamond Institute Group of Companies (IDI) will include 7 Israeli companies. This is the third time that IDI has organized a national pavilion at the show.

IDI sources said that interest in exhibiting in the show was high and space was limited, thereby creating a waiting list of Israeli companies. The companies exhibiting are: AG Diamond Direct Ltd., EZ Diamonds, Hausman Diamond Manufacturers, Julius Klein – Eliaz Diamonds, Niru Diamonds, Schachter & Namdar Asia and Shlomo Bichachi Diamonds Ltd.

As in previous years IDI will have an image booth within the pavilion at 1B037, which will provide buyers with information about the Israeli Diamond Industry and the advantages of doing business with Israel, and will register industry members for the Israeli Diamond Industry Portal site and on-line data base.

IDI Chairman Moti Ganz said that it was very important for the Israeli Diamond Industry to forge ties with the Indian industry. “As two of the world’s leading diamond centers, Israel and India can complement each other in both manufacturing and trading. We believe in the great potential of this enormous market, which is growing at a very rapid pace,” he said.

IDI Managing Director Eli Avidar said that the institute was actively supporting the enhancement of ties between the two diamond industries. “We encourage Israeli companies to explore business opportunities with the growing Indian market. Our belief in the Indian diamond industry has led us to initiate memorandums of understanding with the GJEPC and the GJF, which were signed in late 2009 and early 2010. We look forward to strengthening the ties between the industries in the coming IIJS show,” said Avidar.

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