Gitanjali gems

The gemstones are acrefully selected, then set buy master craftsmen using state-of-art technology. Essentials maintains strict stones standards for every stones used. With great care and dedication, An Essentials gem-setter adds to the beauty of the jewelry and to beauty of stones themselves - creating a work that is greater then the sum of its part. Essentials Jewelry has been working with sterling silver and gemstones for years and the name is synonymous with talent, innovation, professionalism and experience.

Gitanjali gems

India is one of the earliest known source of diamonds. Today Indian Diamond Industry is pioneer in the gem industry and a world leader in the manufacturing of cut and refined diamonds. Diamonds today nine out of every ten come from India which is used in jewelry worldwide.

Indian Diamond industry is mainly involved with cutting, polishing and exporting diamonds. Today although India pioneered in the cutting of small diamonds, its craftsmen are equally skilled at cutting all shapes and sizes of stones, and are even well-versed at faceting colored diamonds.

Mumbai, Surat, Ahmedabad, Bhavnagar and many small towns in Gujarat are the main polishing centres in India.

Today the Indian diamond industry is a result of perseverance and hard work. Several views for business and commerce opened up as new policies came into place, journey towards progress and development also began for the Indian diamond industry.

Only three decades ago the Indian diamond industry was a scattered cottage industry. Today it has gradually evolved into a modern, mechanized, large-scale operation. As India has the art laser machines, lathes and diamond-impregnated scaives, most of the medium- and large-sized diamond factories are well operational.

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Indian Diamond is found in one of the earliest references in "Arthashastra" written by Kautilya who mentioned the diamond trade in India. Diamonds were traded to East and West India while they were known to different cultures.

India remained the leading diamond producing country till 18th century AD. Then diamond even reached the ancient city of Rome from India.

Gitanjali gems

However it is the diamond mine of Golkonda in India that became a legend around the world, which is now a ruined city of south-central India was the capital of the ancient kingdom of Golkonda. It served as the diamond center in earlier days. The diamonds of the Golkonda were the finest white diamonds known for its white color, clarity and transparency.

Some of the diamonds which are famous that are extracted from Golkonda are: Darya-e Nur, Nur-Ul-Ain diamond, the koh-i-noor, the hope diamond and the regent diamond. Surat is the Indian City situated km north of Mumbai which is one of the major diamond cutting and polishing centers of the world.

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Today there are new generations of young designers dominating the world market, apart from a host of established houses that design the fashion jewelry. Across India and several jewelry design institutes, encouraging fresh ideas and talent.

The council was set up under the patronage of the Ministry of Commerce in and has helped to form a better understanding between the diamond industry and the government. The chief function of the council is to develop and promote the export of gems and jewelry from India, to contribute towards establishing a code of ethics to ensure that fair trade practices are followed in the jewelry arena.

Indian diamond Industry is at the doorstep of expansion today.

Gitanjali gems

The Indian government has legitimated the setting up of bonded warehouses in order to enable diamonds to be brought into the country to be sold. The unsold diamonds could be exported without any duty or tax. Government has been creating the Export Promotion Zones EPZ and Special Economic Zones SEZ in order to help and promote the export of gems and jewelry from the country and is undoubtedly a new step for the betterment of the industry.

The Indian diamond industry has its origine in the villages, towns and cities of Gujarat, where most of the processing facilities are installed; the corporate operations of marketing and finance for all the diamond traders takes place from Mumbai, where all the major traders have their registered offices.

Majority of the diamantaires procure the rough diamonds from the Diamond Trading Company which holds the maximum share of rough diamonds in the world. India's diamond industry is expected to remain stable on gems and jewellery exports, credit rating agency Crisil said.

With the improvement in global demand, the prices of cut and polished diamonds rebounded in the second half of from weak levels in the second half of Looking ahead, Crisil said, "Demand from the US market, which accounts for more than half of India's gems and jewellery exports, will be steady, backed by a stable economy, and will result in moderate buoyancy in exports by Indian players over the medium term.

Size of the industry The diamond industry in India today is worth about Rs.

ICICI Bank, SBI to drag Gitanjali Gems to NCLT

In the year the Branding of diamond jewellery started with Gili from the house of Gitanjali Jewels and today the diamond jewellery market has about 50 brands. In the yearduring April-Januarythe exports of cut and polished diamond declined 2.

Domestic and Export Share Today Indian exports of diamonds increased and in turn it reflected greater than before in the export of designed jewelry.

The evident fact that the Indian jewelry designs have for centuries spell bounded everyone, from the Indian maharajas to the monarchs of faraway lands. The brand is themed on love and celebration of life and is trusted by many celebraties like 'the Nightingale of India', Lata Mangeshkar.

Tanishq is one of the most popular diamond jewelry brands in India and is known for its innovative designs.Browse Gitanjali Gems stock discussion, ideas, questions and answers online at Gitanjali Group was one of the largest branded jewellery retailers in the world.

It is headquartered in Mumbai, India. It is headquartered in Mumbai, India. Gitanjali sells its jewellery through over 4, Points of Sale and enjoys a market share of over 50 per cent of the overall organised jewellery market in India. Note: Close price will be updated after hrs on account of joint press release dated February 09, (joint press release) On Ex-Date, the % change is calculated with respect to Adjusted price (adjustment with respect to Corporate Actions such as Dividend, Bonus, Rights & Face Value Split).

The Reserve Bank of India is expected to go for further rate hikes this fiscal, with the next increase in key policy rates likely in the August policy review meet, says a DBS research note.

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