Solitaire International
By: Spenta Mutimedia Pvt Ltd- April 2016
- Price : 112.50
- Published on April 12, 2016
- Spenta Mutimedia Pvt Ltd
- Issues 72
- Language - English
- Published monthly
About this issue
The 2016 Union Budget brought little cheer to the gem and jewellery industry. The issue of excise duty raised its ugly head again. Fearing the return of the troublesome Inspector Raj, the industry, barring a few trade bodies, decided to go on a strike that is still being continued by a section of jewellers. The government allayed the fears of the industry in mid-March, promising that a high-level committee that would include jewellery industry members would look into all issues related to excise compliance procedures. No harassment or stock seizures will be carried out until the committee submits its report. Meanwhile, estimates put the domestic jewellery industry’s losses at an estimated K7,000 crore per day. Read an in-depth report about the month-long agitation in the Cover Story. In an exclusive interview with Solitaire, Simon Trott, the newly appointed managing director of Rio Tinto Diamonds, spoke about the company’s market expansion plans, customer commitment, and the need to keep diamonds on the top of the luxury pyramid. In the run-up to the World Diamond Congress that will be held in Dubai next month, WFDB president Ernie Blom elaborates on the key issues of transparency, responsibility and sustainability that will be discussed at the event. Fancy natural colour diamonds, tanzanites, alexandrites, dendritic agate, blue amber and fossilised opal saw good demand at the 33rd edition of the Hong Kong International Jewellery Show and the 3rd edition of the Hong Kong International Diamond, Gem & Pearl Show. Our special correspondent Cynthia Unninayar offers an overview of the bestselling jewellery and gemstones in Trade Fair.
About Solitaire International
Solitaire International is India’s leading B2B magazine on the gem and jewellery trade. With more than 20 years behind it, the monthly publication is today recognised in India and the world over as a quality publication in trade journalism. The magazine is referred to by the global trade sector for information on India and its industry. Solitaire International has a readership of the entire organised sector in the Indian jewellery industry and is distributed to all 5500 members of the Gem & Jewellery Export Promotion Council, India’s apex body for the trade. In addition to fixed subscriptions, the magazine is also circulated in over 25 top international trade shows of repute. A personal copy reaches the management of leading jewellery retailers/chains/wholesalers in the US, Europe and the Far East; rough and polished suppliers; mining companies; and financial/industry institutions worldwide.