Beijing: India has become the second largest exporter of diamonds, gems and stones to China, as total exports grew by 28.48 per cent year-on-year to touch US$ 2.48 billion in 2016, capitalising a total market share of 31.8 per cent, as stated by Mr Prakash Gupta, Consul General of India in Shanghai. During the January-March 2017 quarter, total exports of diamonds, gems and stones from India to China touched US$ 558 million, capitalising a total market share of 33.8 per cent. Mr Lin Qiang, President of the Shanghai Diamond Exchange (SDE), has stated that SDE would actively consider participating at the India International Gems and Jewellery Show (IIJS), to be held in Mumbai from July 27-31, 2017, with a large delegation from eastern China region. The IIJS 2017 event will showcase two separate events, one focusing on the gems and jewellery sector, while the other will display machinery and equipment related to the diamonds and jewellery industry.
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