Retail Industry
Industry: Email Alert RSS FeedIGI dominates the Indian gemological marketplace.(Facets)
JQ, May, 2006
Since opening its first state-of-the-art laboratory in Mumbai seven years ago, the International Gemological Institute (IGI) has played a pioneering role in setting standards for certification in India, both with retailers and consumers. IGI is the country's largest gemological institute, providing its certification services to the majority of diamond companies in the nation.
"India is one of the fastest growing diamond markets in the world along with the USA, Hong Kong and Dubai, and it is currently the fastest growing market for IGI worldwide," said Tehmasp Printer, managing director of IGI India. "The Indian diamond market accounts for 60 percent by value and 85 percent by volume of the global diamond trade. We at IGI India take pride in the fact that IGI...
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