Monday, the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), greeted close to 100 exhibitors and several hundred buyers at its third India Diamond Week on the DDC’s trading floor in Manhattan. The DDC is creating trading opportunities in today’s market by welcoming international diamantaires to trade at the largest bourse in the U.S.

“This has been the busiest and most successful opening day we’ve had so far for India Diamond Week. We see the DDC trade show as a tremendous opportunity for dealers, wholesalers and manufacturers around the world to connect and forge significant business relationships,” said DDC President Reuven Kaufman. “This is the third time that we have welcomed diamantaires from India on our trading floor, in order to create new connections, build on existing relationships, and generate success for our industry.”


The event aims at increasing communication between diamantaires and promoting business globally.  “DDC week is a good kick-start for the targeted American markets,” said Chirg Kakadia, Director of Sheetal Manufacturing.  Kakadia continued that DDC Trading Weeks, “give you a level of confidence and bring good business in the future. This is our second time and we are going to come back all the time for the shows.”


India Diamond Week at the DDC will be held through August 27th at the DDC’s headquarters in the heart of the diamond district at 580 Fifth Avenue at 47th Street in New York.

For more information on India Diamond Week, or to become a member of the DDC and participate in our next Diamond Week, contact our executive office.

 

About Diamond Dealers Club (DDC)

Diamond Dealers Club (DDC) is the largest diamond trade organization in the U.S.  and one of the leading diamond exchanges in the world. DDC works diligently to support and encourage the growth of the U.S. diamond industry. The mission of DDC of New York is to foster the interests of the diamond, colored stone and jewelry industry by providing, regulating and maintaining a facility as a DDC; fostering just and equitable principles in trade; establishing and promoting industry-wide standards of disclosure; disseminating accurate and reliable information; carrying out the activities and objectives of the organization in accordance with the laws of the State of New York and the U.S.

The New York Diamond Dealers Club (DDC) president, Reuven Kaufman, announced that for the first time a delegation of some of the Club’s prominent members will exhibit in a special DDC Pavilion at the Hong Kong International Diamond Show. 

Kaufman indicated that participation in the prestigious show, organized by the Hong Kong Trade Development Council, was part of an overall commitment by DDC to open new markets for its members by encouraging them to pursue trade throughout the world.  Participation in the Hong Kong Show, which as a trading hub for our industry plays a crucial role in the diamond business, is the latest manifestation of this initiative and follows DDC organized trade delegations in such venues as Dubai and Israel as well as one scheduled for Basel in a few weeks.

Kaufman said that Club members were unanimously enthusiastic about the DDC opening new trade opportunities for them.  He also noted that DDC leadership was involved in planning for new trade initiatives in other countries as well as working on a multi-bourse diamond week that would be convened at the DDC within the year.

Kaufman encouraged attendees at the Hong Kong Show to visit the DDC Pavilion in Hall 9 at the airport.  He expressed confidence that “visitors to the DDC Pavilion will be impressed at the unusually wide range of goods available to them at extremely competitive prices.”

DDC participating companies are many of our industry’s leading diamond dealers, including  Antwerp Sales International (A.S.I.), Brilliante Gem & Diamond Inc., Charlie’s Gems Inc., Edelstein Diamonds, Elie Brilliant Gems Inc., Five C’s Inc., H. Lipschitz & Son, I & P USA Corp., Kanton Diamonds, Luster Gems N.Y. Inc., Octan & Sons and S.B. Diamond Corp.