Indian Manufacturers Want to Buy Direct from Alrosa
October 25, 21
(IDEX Online) - Alrosa is considering a request to supply rough diamonds direct to factories in India.
The move was proposed last Friday by the Gem & Jewellery Export Promotion Council (GJEPC) as it hosted its first high-level international delegation since the pandemic.
Colin Shah, GJEPC chairman said afterwards: "The direct sourcing of rough diamonds would help our micro, small and medium enterprises in a big way."
His team put forward detailed recommendations for Alrosa to offer its goods direct to manufacturers through the newly-established auction platform Surat International DiaTrade Center (SIDC).
Evgeny Agureev, Alrosa's deputy CEO, did not address the request directly in a statement issued after the meeting.
He said: "I'm certain that today's discussions will further strengthen Indo-Russian cooperation in diamonds and benefit the natural diamond pipeline at large."
He also said Alrosa would continue to focus on natural diamonds, and had no intention of entering the lab-grown segment.
Pic shows Evgeny Agureev, Alrosa's deputy CEO, and Colin Shah, GJEPC chairman.