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India-mined rough diamonds garner Rs 7.38 crore worth tenders in Surat

In a first since 1998, the rough diamonds mined in India were up for display for auction by state-run NMDC in association with GJEPC

Diamond industry
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Vinay Umarji Ahmedabad
Surat witnessed a display of India-mined rough diamonds from Panna mines in Madhya Pradesh between September 24 and 27. 

Ahead of the e-auction, it has garnered a healthy Rs 7.38 crore of tender results out of a roughly Rs 25 crore worth of diamonds at display.

In a first since 1998, the rough diamonds mined in India were up for display for auction by state-run National Mineral Development Corporation (NMDC) in association with Gems & Jewellery Export Promotion Council (GJEPC). 

With the close of the e-auction a few days ago and on the back of the display at the newly