Solitaire International - October 2019
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October 2019 issue Digital Access. 
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In this issue
Will Diwali Shine Bright? The festive season is fast approaching and with gold fluctuating like a seesaw it was imperative for us to gauge the mood of the industry across India. We interviewed some key figures in the jewellery industry to learn about their expectations of Diwali sales and consumer buying trends. The prevalent mood is one of cautious optimism. Read their detailed views in the Cover Story. The Gem & Jewellery Export Promotion Council (GJEPC) welcomed a host of new measures announced by the union minister for finance and corporate affairs, Nirmala Sitharaman. The industry is happy about the policy of reimbursement of taxes and duties for export promotion as well as the inclusion of the gem and jewellery sector for the Annual Mega Shopping Festivals in four cities around March 2020. Turn to GJEPC News for more information. In the Design Directions section, we have on board Pratiksha Kishandas of the renowned brand Kishandas & Co., Hyderabad, who speaks of the current trends in bridal and non-bridal segments. Famous Italian trend forecaster, Paola de Luca decodes the theme of The Artisan Awards 2020, “Architectural Gems”; she expresses her views on India’s design strengths and how the country can take a big leap forward to enhance Indian jewellery’s global appeal. The three-year review and reform of the Kimberley Process Certification Scheme (KPCS) to strengthen the definition of “conflict diamonds”, will finally reach a conclusion at the KP Plenary in New Delhi from November 18th-22nd. Turn to the Bulletin section for an overview of the World Diamond Council’s annual general meeting.
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VOD Dubai International Jewellery Show: The Middle East's Mega Event
VOD Dubai International Jewellery Show made its successful debut as an industry-wide mega jewellery event in the Middle East. It is a consolidation of the trade-centric Vicenzaoro Dubai and the consumer-oriented Dubai International Jewellery Week. The November event was an all-encompassing experience with networking sessions, knowledge-sharing seminars and fashion shows.
GJEPC Welcomes King Philippe Of Belgium
The Gem & Jewellery Export Promotion Council (GJEPC) and the Antwerp World Diamond Centre (AWDC) hosted His Majesty King Philippe of Belgium at a round-table discussion in Mumbai on November 9th. The talks revolved around the contributions of the diamond industry to social and economic development.
Fura Gems To Focus On Undervalued Mines:Dev Shetty
DEV SHETTY, president and CEO of Fura Gems Inc., an up-and-coming gemstone mining firm that recently acquired the famed Coscuez emerald mine in Colombia, speaks to SOLITAIRE about plans for deploying modern technology to ramp up production. Fura Gems aims to set a new precedent for best practices in the gemstone sector as it goes about acquiring other undervalued assets.
A Tale Of Four Taxes
Industry analyst PRANAY NARVEKAR examines the direct and indirect tax structures in place in the four major midstream centres – Belgium, Israel, Dubai and India.
CIBJO Proposes KP-type Structure For Coloured Gemstones
The Confédération Internationale de la Bijouterie, Joaillerie, Orfèvrerie (World Jewellery Confederation), better known by its French acronym CIBJO, successfully concluded its annual Congress in Bangkok, Thailand. The three-day event, running from November 5th-7th, brought from around the world some 150 official delegates and a total about 300 participants, and covered a wide range of issues on the agenda of the international gemstone and jewellery industry. There was a strong focus on responsible sourcing, Corporate Social Responsibility and sustainability, particularly in the coloured gemstone sector. The event was preceded by the three days of pre-Congress steering committee meetings and the first World Ruby Forum.
De Beers Q3 Rough Output +46% To 9.17m ct
De Beers’ rough diamond production increased by 46% to 9.17 million carats in the third quarter that ended .September 30th 2017.
Dubai Diamond Conference Reflects On Industry's Future
The Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform, organised the third edition of its biennial Dubai Diamond Conference (DDC) under the theme ‘Shaping the future of an interconnected marketplace’ on October 16th and 17th.
Encouraging Signs Of Demand Uptick At Gold/Italy 2017
The fifth edition of Gold/Italy, a show exclusively dedicated to Made in Italy jewellery, stood out for the high level of Italian manufacturing, the quality of international demand, and its exhibition format.
Saffronart's Jewellery Seminar Off To A Grand Start
Saffronart’s inaugural jewellery conference, The Timeless Legacy of Indian Jewels, that was held on October 6-7, 2017, in Mumbai,received an overwhelming response.
Jaipur Hosts ICA Congress
The International Colored Gemstone Association’s (ICA’s) biennial Congress held its 17th edition in the Pink City, from October 21st to 24th, the second time that India has hosted the ICA event since 2003.
