India's leading diamond company Dharmanandan Diamonds Pvt. Ltd. He announced the launch of its new one-month platform online auction of diamonds under the name "Carnival Diamond" (Diamond Carnival).
The platform can be accessed both via the Internet and through mobile applications for iOS. The first auction of the series was launched October 17, 2016 and was held for three days, according to the company.
The new auction platform Dharmanandan Diamonds presents two different ways of trading - "interactive" and "silent" rates. In the first method, the user can place multiple bets, which increase the price of goods after watching the other participants rates. The second category of rates provides a single rate, which can kill only for a certain time period. Companies wishing to participate in the auction must register once. More information is available on auction.ddpl.com.
Piyush Patel (Piyush Patel), Director of Marketing and Dharmanandan sales, said: "Our recent success in the beta version of the portal further confirmed the growing popularity and recognition of diamonds at an auction Auctions Dharmanandan Diamonds very effectively offer a wide range of products and contribute to the growing acquisition potential. diamonds through auctions. "
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Surat diamond industry began to grow after the fall seen over the last year, according to the agency ANI (Asian News International).
The agency report says that more than 5,000 cutters in Surat since June 2015 have lost their jobs as consumers in China have reduced the volume of purchases of luxury goods. Against this background, diamond manufacturers in India were unsold large stocks of jewelry and gemstones.
Nevertheless, the regional chairman of the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) Dinesh Nawada (Dinesh Navadiya) in an interview to ANI said business activity in Surat begins to recover slowly. He added that the industry has received a boost thanks to a new influx of workers.
Nawada also noted that the difference between the cost of production and the selling price of diamonds has stabilized, allowing cutters once again began to make profits.
Nawada attributed these positive developments the steps taken by the representatives of the diamond industry in India in the control of the import of diamonds and diamond production, and other measures. In addition, the demand for diamonds worldwide is starting to recover, together with indicators of the domestic market in India.
However, Nawada is concerned that the adoption of a new tax on goods and services to the Indian Parliament may have a negative impact on the diamond industry in this country.
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