![]() Financial Daily from THE HINDU group of publications Saturday, Oct 15, 2005 |
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Industry & Economy
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Gems & Jewellery GII sets up centre for diamond research Our Bureau
Mumbai , Oct 14 THE Gemological Institute of India (GII), the Gem and Jewellery Export Promotion Council (GJEPC), the Bharat Diamond Bourse, the Diamond Exporters Association Ltd, and the Gem and Jewellery Exporters' Association, have jointly set up a National Research Centre at Opera House, Mumbai. The diamond grading laboratory will be able to identify synthetic diamonds and high pressure high temperature (HPHT) treated diamonds. Mr Kirtilal Doshi, Chairman of the GII, said the introduction of newer methods of synthesis of various gemstones such as Ramura, Kashan, Koyserra in the case of rubies; Biron, Sicko, Gilson for emerald, and Sumitomo, GEC, Russian, the HPHT and the CVD processes in the case of diamonds have shaken up the industry. India is also emerging as the largest consumer of studded jewellery in the world. The newly developed studded jewellery segment is facing the challenge of maintaining consumer confidence in gemstones and diamonds. Global consumers are worried about the synthetics, treatments, and stimulants being available in the market. The diamonds and gemstones exported from India as well as sold in the domestic market are supported by authentic, impartial, and independent certificate by a professional laboratory, Mr Doshi said. The Chairman of the GJEPC, Mr Bakul Mehta, said that opening of such a sophisticated laboratory would enhance the confidence of consumers in diamond and studded jewellery. He added that the Government should extend financial support for more such projects.
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