Govt is focusing on to make India an international diamond trading hub: PM Modi

Prime Minister Narendra Modi has said that his Government is focusing on to make India an international diamond trading hub.Addressing the International Diamond Conference through video conferencing last evening, which held in Mumbai, Mr Modi said, the Centre has taken transformative initiatives like Make in India and Skill India and the gems and jewellery sector is a prime example of the potential of these initiatives. 

Mr Modi said, the Special Notified Zone at the Bharat Diamond Bourse became operational in November 2015 and it has already shown good results. He said, earlier 80-90 merchants got access



to global rough diamonds but now 3000 merchants have this privilege through Special Notified Zone. 

Mr Modi said, India cherishes exceptional relations with Africa and they are natural partners. He said, India will be happy to support Africa in Gems and Jewellery sector.

The Prime Minister said, the Gems and Jewellery industry should think of encouraging start-ups by entrepreneurs who can create a growing market for made to order Indian jewellery. On the occasion, the Gems and Jewellery Export Promotion Council gave 21 Crore rupees for Clean Ganga Fund.