Israeli diamond firms again taking part in India's IIJS show

The Israeli diamond industry is heading back to Mumbai for the February 22-25 IIJS Signature Show for the third year in a row. The Israeli Diamond Institute (IDI) Group of Companies  will once again have a national pavilion, featuring some of Israel’s leading diamond companies.

India is a key market for Israeli diamonds, and as such has become a major marketing destination for Israeli companies. IDI organizes Israel Diamond Pavilions in three major Indian trade shows during the year – UBM Jewellery & Gem Fair in January, IIJS Signature in February and IIJS in August. Based on the Israeli exhibitors’ experience at the January show, it is clear that the Indian diamond market is back on track and is keen on Israeli diamonds.

The Israel Diamond Pavilion, located in Hall 2, will include major booths by several of Israel’s largest exporters, including the Dalumi Group, Julius Klein-Eliaz Diamonds, Leo Schachter Diamonds, Lili Diamonds, S. Juwal Diamonds, Shlomo Bichachi Diamonds and Vision International Diamonds.

IDI will have an image booth in the pavilion to provide information about the Israeli industry and to register buyers for the Israeli Diamond Portal site.

IDI's chairman, Moti Ganz, said that the reawakening of the Indian market bodes well for the Israeli diamond industry and its counterparts abroad. “The global diamond industry has had a very challenging year. The positive signs we see in India since the beginning of 2013 are very encouraging. We are optimistic that 2013 will be a much better year for our local industry and for our colleagues around the world,” Ganz said.

IDI's managing director, Eli Avidar, said that the Israeli diamond industry views the Indian diamond sector as an important strategic partner. “IDI is committed to enhancing Israel’s trade connections with the Indian diamond industry. In 2013 we look forward to working closely with our Indian colleagues to expand and deepen these ties,” he said. Avidar added that IDI planned to open an office in the Bharat Diamond Bourse during the course of the year.