An Indian delegation led by Shri R. Arulanandan, Director, Department of Commerce, Government of India actively participated in the \u201cOpportunities in India\u201d event, hosted by the Consulate General of India in Cape Town and the Government of India. The event was held on the sidelines of the prestigious Mining Indaba 2025.<\/p>\n
The delegation, which included Shri Rajat Wani, Regional Director \u2013 Surat, GJEPC, highlighted the potential of Special Notified Zones (SNZs) for diamonds in Mumbai and Surat, focusing on their role in simplifying trade processes. Stressing the need to reduce the number of intermediaries in the diamond value chain, they underscored the importance of facilitating more direct trade of rough diamonds between India and African mining nations.<\/p>\n
Direct auctioning of diamonds in SNZs was presented as a mutually beneficial strategy. Such a framework would enable African mining countries to secure higher returns on their diamond exports while allowing Indian buyers greater access to competitively priced rough diamonds.<\/p>\n
The discussions also explored the necessity of consignment exports, a move that could align with African nations’ policies, such as \u201ctemporary export\u201d mechanisms. The Indian delegation expressed optimism about overcoming logistical and regulatory challenges, ensuring a streamlined process that benefits all stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"
An Indian delegation led by Shri R. Arulanandan, Director, Department of Commerce, Government of India actively participated in the \u201cOpportunities in India\u201d event, hosted by the Consulate General of India in Cape Town and the Government of India. The event was held on the sidelines of the prestigious Mining Indaba 2025. The delegation, which included…<\/p>\n","protected":false},"author":1,"featured_media":29865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-29864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\n