Nirav Vasavada provides a summary of the existing market situation in India for diamonds and jewelry, including key details about: - India's position as the world's second largest diamond cutting and polishing center and a major exporter - Rapid growth in India's jewelry consumption and expectations for continued strong growth in exports and the domestic market - KPMG analysis finding that China and India will emerge as the largest jewelry markets by 2015, surpassing the US market - The Indian diamond industry moving up the value chain from cutting to jewelry production and seeking to be more professional and technology-driven

1. Nirav Vasavada Sales Manager - India

7. Market Analysis As per the figures published in 2005, India accounts for over 57 per cent of the cut and polished diamond pie in terms of value. It is said that 11 out of 12 stones set in jewellery are cut and polished in India.

11. Logistics of Diamonds in India DIAMOND CUTTING LOCAL DIAMOND WHOLSALERS DIAMOND EXPORTS GENERIC JEWELRY BRANDED DIAMOND JEWELRY RETAIL SALE CUSTOMERS (END USERS) LOOSE DAIMOND EXPORT DIAMOND JEWELRY

15. About Diamond Cut