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Rapaport brings Global Diamond Auction Viewing to India in First Sign of Policy-Driven Trade Shift

15-07-2026   11:50 AM

Rapaport Corporation, USA, has chosen India to host its first Pre-Auction Diamond Viewing Event in over 15 years, marking a landmark moment for the global diamond trade. The four-day viewing event is being held from 13–16 July 2026 at the Bharat Ratnam Mega Common Facilitation Centre (Mega CFC), SEEPZ, Mumbai.

Organised by Rapaport in collaboration with GJEPC, the inaugural Rapaport Melee Auction features nearly 14,000 carats of pre-owned diamonds from the US. The event has been made possible through the Government of India’s expansion of the Free Trade Warehousing Zone (FTWZ) framework at the Mega CFC, enabling warehousing, viewing and exhibition of gems and jewellery products, as well as international pre-auction inspections in India for the first time.

The inauguration was graced by:

• Dnyaneshwar Patil, IAS – Development Commissioner, SEEPZ-SEZ

• Colin Shah – Chairman, Working Group, Bharat Ratnam Mega CFC

• Bharat Ghori – Co-Convener, MSME, GJEPC

• Sabyasachi Ray – Executive Director, GJEPC

• Ravi Menon – CEO, Bharat Ratnam Mega CFC


Key Highlights:

• 13–16 July 2026 | Four-day viewing event

• Bharat Ratnam Mega CFC, SEEPZ, Mumbai

• Nearly 14,000 carats of pre-owned diamonds from the US

• 60+ buyers expected to participate

• Winning bidders notified within 24 hours

• Payment due within 3 working days

• Goods shipped from New York post payment.

Courtesy: AOJ DESK NEWS

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Global Icons honoured as Industry Legends at GJEPC’s IIJS Celebration Night

14-08-2026   12:20 PM

The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and...

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Sky Gold and Diamonds begins FY27 on a strong note; revenue rises 78% YoY to ₹2,012.8 Crore, PAT Grows ~2.4x to ₹104.9 Crore; operations turn cash flow positive

14-08-2026   12:15 PM

Sky Gold and Diamonds Limited, a listed B2B gold jewellery manufacturer, announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in...

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GIA Alumni Collective, India Chapter, converges on the sidelines of the IIJS Bharat Premiere 2026

14-08-2026   12:10 PM

GIA Alumni Collective, India chapter, brought together GIA alumni who have graduated from GIA campuses anywhere in the world, providing them with a platform to meet, network, learn, and exchange ideas. GIA hosted...

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PNG launches YOOU, a lightweight diamond jewellery brand reflecting the evolving identities of modern women

14-08-2026   12:05 PM

PNG Jewellers has announced the rebranding of its lightweight diamond jewellery brand, Litestyle, as YOOU, marking a significant step in the brand's evolution. The transformation reflects a renewed vision to create...

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Bharat Diamond Bourse (BDB) Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

14-08-2026   11:55 AM

In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA) Sriram Natarajan, Senior Vice President, Global Laboratory...

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