Bharat Diamond Week 2019: Your Gateway to India’s Premier Polished Diamond Market

The global diamond industry is buzzing with anticipation as the Bharat Diamond Bourse (BDB) in Mumbai proudly announces that registration is now officially open for the highly anticipated 2019 Bharat Diamond Week (BDW). Scheduled to take place at the prestigious bourse from October 14th to 16th, this event marks the third edition of what has rapidly become a cornerstone in the international diamond trade calendar. Building on the resounding success of its predecessors, this year’s BDW is set to host an unprecedented influx of buyers, with specially organized delegations from key markets including China, Australia, and various other Asian nations, promising a truly global gathering.

A Proven Platform for Global Diamond Trade

The Bharat Diamond Week has quickly established itself as an indispensable event for diamond professionals worldwide. The second edition, held last October, welcomed over 1,000 discerning visitors from across India and international markets, all eager to engage with 150 leading Indian exhibitors showcasing their finest polished goods. This vibrant marketplace facilitated significant business transactions and fostered invaluable networking opportunities, solidifying BDW’s reputation as a dynamic hub for the trade of natural, exquisite diamonds.

BDB Vice-President Mehul Shah, who spearheads the Bharat Diamond Week initiative, expressed his enthusiasm, stating, “Preparations are proceeding smoothly with the opening of registration, and we are meticulously laying the groundwork for an even more impactful event. Beyond the specially arranged foreign buyer delegations, we are thrilled to extend a warm invitation to buyers from prominent diamond centers such as Israel, Dubai, and several European countries, alongside our esteemed colleagues from across India. This inclusive approach ensures a diverse and comprehensive marketplace where demand meets unparalleled supply.”

Strategic Timing: Seizing the Pre-Diwali Advantage

The selection of dates for the 2019 Bharat Diamond Week is a masterstroke of strategic planning, as explained by BDB President Anoop Mehta. The exhibition is deliberately positioned just ahead of the auspicious Diwali festival, a period of profound cultural and economic significance in India. This timing creates a unique and highly advantageous scenario for visiting buyers. As exhibitors prepare to close their businesses for the ensuing holiday period, they are keenly motivated to finalize sales, presenting an exceptional window of opportunity for buyers to secure excellent deals and competitive pricing on a vast array of polished diamonds. It’s a win-win situation, where the festive spirit aligns perfectly with commercial expediency, allowing international buyers to maximize their purchasing power before the market takes its traditional festive break.

Strengthening International Bonds: A Distinguished Guest and Global Collaboration

The 2019 Bharat Diamond Week is set to be graced by the presence of a truly distinguished Guest of Honour, Mr. Lin Qiang, the Vice President of the World Federation of Diamond Bourses (WFDB) and the esteemed President of the Shanghai Diamond Exchange (SDE). Mr. Qiang will lead a delegation of prominent members from the SDE, underscoring the growing strength of Sino-Indian cooperation in the global diamond trade. President Mehta expressed his sincere gratitude, adding, “I would like to extend my heartfelt thanks to my fellow diamond exchange president for agreeing to inaugurate our fair. This marks yet another significant stride in broadening and deepening our crucial links with the Shanghai Diamond Exchange, which undeniably represents an integral and vital component of the global diamond family. Such collaborations are essential for the continued health and growth of our industry.” This partnership highlights Mumbai’s commitment to fostering robust international relationships and collaborative growth across the entire diamond pipeline.

Empowering Small and Medium Enterprises (SMEs): A Global Platform

A core objective of the Bharat Diamond Week, as highlighted by Mr. Shah, is to generate maximum exposure and opportunities for the BDB’s numerous small and medium-sized companies (SMEs). “In alignment with the successful model of the previous two shows, we are dedicated to offering an unparalleled opportunity for our SMEs to proudly showcase their exceptional goods to a truly global audience,” Mr. Shah elaborated. This initiative is particularly vital for smaller enterprises that often face challenges in accessing international markets independently. By participating in BDW, these companies gain direct access to a diverse pool of international buyers, facilitating direct business relationships and expanding their reach far beyond domestic borders. The “inter-bourse show” concept, which proved immensely successful in previous editions, is being further refined and expanded. “We are building upon the strong foundations of those first two shows, aiming to elevate this edition to the next level with even higher numbers of exhibitors and a significantly greater number of buyers expected,” Mr. Shah confirmed. This focus ensures that the benefits of global trade are accessible to a wider segment of the Indian diamond industry, fostering growth and innovation.

Furthermore, the commitment to equitable participation is reflected in the policy that “Each Indian company that wins the right to display at the Bharat Diamond Week is entitled to one booth only.” This ensures that a diverse range of companies, particularly SMEs, have a fair chance to present their collections, preventing any single entity from dominating the exhibition space and promoting a vibrant, competitive environment.

Upholding Integrity: A Commitment to Natural Diamonds

A critical and unwavering principle of the Bharat Diamond Bourse is its steadfast commitment to the natural diamond trade. In a clear demonstration of this commitment, the BDB strictly bans the trading of synthetic or lab-grown diamonds within its premises. Consequently, attendees of the Bharat Diamond Week can rest assured that the exhibition will exclusively feature natural, earth-mined diamonds. This policy underscores the BDB’s dedication to maintaining the integrity and authenticity of the diamond market, ensuring buyer confidence and reinforcing the inherent value and timeless allure of natural diamonds. It provides a transparent and trustworthy environment where buyers can procure genuine precious gems with complete peace of mind, confident in their origin and natural beauty.

Beyond the Booths: Exploring the BDB Ecosystem

Visitors to the 2019 Bharat Diamond Week will experience much more than just the exhibition hall. In addition to exploring the showground within the BDB’s specially constructed, spacious Bharat Diamond Week venue, attendees will be presented with a unique and expansive opportunity to connect with many more of the BDB’s 2,500 businesses. This vast network of esteemed diamond professionals is capable of supplying virtually “any diamond they need in any shape, size, or colour.” This extensive access means that buyers are not limited to the exhibitors present at the fair; they can delve deeper into the immense capacity and diversity of the entire BDB ecosystem, offering an unparalleled sourcing experience. Whether a buyer is seeking a specific cut, a rare color, or a particular carat weight, the BDB’s comprehensive network ensures that every requirement can be met, solidifying Mumbai’s status as the ultimate destination for diamond procurement.

Unparalleled Hospitality: Complimentary Accommodation for International Buyers

To further enhance the experience for international attendees, the Bharat Diamond Bourse will, as with its two previous highly successful shows, provide selected buyers with complimentary hotel accommodation. This thoughtful gesture significantly reduces the logistical and financial burden for foreign visitors, making participation more accessible and appealing. President Mehta emphasized the efficiency and value proposition of the fair, stating, “The Bharat Diamond Week proudly showcases the exquisite gems meticulously created for a global audience in the world’s biggest and most important cutting and polishing centre. Our primary objective is to connect buyers directly with reputable suppliers in a highly convenient and conducive setting, thereby saving invaluable time and expenses. With exhibitors and their goods easily and quickly locatable, the fair is designed to be an exceptionally efficient and productive visit.”

To ensure a comfortable and rewarding visit, “We have approximately 150 complementary hotel rooms available for foreign buyers,” Mr. Mehta added. He strongly advised “members of the global diamond industry to register straight away” to secure their spot and benefit from this hospitality. Priority for these coveted accommodations will be given to visitors who are members of bourses officially affiliated with the World Federation of Diamond Bourses (WFDB), recognizing their integral role in the global diamond trade. However, Mr. Mehta warmly reiterated that “all members of the diamond trade across the world are welcome to participate,” ensuring an inclusive and diverse representation of the international diamond community.

Why Attend Bharat Diamond Week 2019?

Attending the Bharat Diamond Week 2019 offers a myriad of compelling benefits for diamond buyers and professionals:

Direct Sourcing: Connect directly with a vast array of Indian diamond manufacturers and suppliers, bypassing intermediaries and securing competitive prices.
Unmatched Variety: Explore an unparalleled selection of natural polished diamonds in every conceivable shape, size, color, and clarity.
Strategic Timing: Capitalize on pre-Diwali selling opportunities to find exceptional deals and maximize your purchasing power.
Networking Opportunities: Forge invaluable relationships with key players, industry leaders, and potential partners from across the globe.
Access to SMEs: Discover new suppliers and unique offerings from India’s dynamic small and medium-sized enterprises.
Assured Authenticity: Trade with confidence in an environment exclusively dedicated to natural diamonds, ensuring integrity and trust.
World-Class Venue: Experience the comfort and convenience of a specially designed exhibition space within the secure confines of the Bharat Diamond Bourse.
Indian Hospitality: Benefit from complimentary accommodation (for selected buyers) and experience the renowned warmth of Indian hospitality.

Register Now for an Unmissable Event

The Bharat Diamond Week 2019 represents a golden opportunity to engage with the heart of the world’s diamond cutting and polishing industry. Whether you are a seasoned buyer, a rising industry professional, or looking to expand your sourcing network, BDW offers an unparalleled platform for growth, discovery, and lucrative business. With a focus on natural diamonds, direct supplier access, and exceptional hospitality, this third edition promises to be the most impactful yet. Don’t miss your chance to be part of this premier event. Secure your participation by registering today and prepare to unlock the immense potential of the Indian diamond market at the Bharat Diamond Bourse, Mumbai, this October.