Sarine Technologies Ltd. held a celebratory event to mark the official opening of the Sarine Technology Lab in Mumbai, India, the hub of the global diamond industry. The event, which took place on July 10th at Sofitel Mumbai BKC, was attended by numerous Sarine customers and diamond professionals.
Sarine Group CEO David Block gave a presentation about the lab and the changes it brings to the industry. Industry leaders were receptive to the change the lab will bring through its Artificial Intelligence (AI) technologybased approach, and voiced their enthusiasm for the wave of transformation that is sweeping the industry. Invitees were also given an exclusive tour of the new lab.
The ribbon-cutting was performed by Bharat Diamond Bourse (BDB) vice president Mehul Shah, GJEPC diamond panel member Sanjay Shah, Mumbai Diamond Merchants’ Association (MDMA) president Mahendra Gandhi, and GJEPC former chairman Sanjay Kothari.
Block noted, “Objective grading reports play a significant role in our industry, enabling efficient trade and empowering consumers to purchase with confidence. We are proud to lead the technological evolution in this area that will significantly improve accuracy and repeatability. The India lab opening is an important and exciting milestone for Sarine that has been continuously supporting the Indian leadership in diamond manufacturing and trading for the last three decades.”