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India Seeks Jewel Opportunities in Thailand

Release time: 2008-6-10 0:21:19 Visit frequency: 258

Just as an 80-member delegation from India prepares to attend the India-Thailand Business Summit in Bangkok this week, a new study has been published outlining the possible synergies for the diamond and jewelry trade between the two countries. The report entitled, 'India-Thailand Partnership: The Way Forward' was prepared by the Federation of Indian Chambers of Commerce and Industry (FICCI) and PriceWaterhouseCoopers, and noted opportunities for the countries to exchange skilled manpower in diamond and stone-cutting and in the supply of raw materials. The report added that India and Thailand could also collaborate to upgrade certifying and testing facilities of diamonds. Thailand has a rich deposit of quality gemstones, which can be sourced by India for polishing for export. The FICCI delegation will participate in the summit which takes place June 6-7.

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