The Republic India 24 thousand carat diamonds of Panna mine in Madhya Pradesh will be auctioned online on September 28. Diamond entrepreneurs will be able to see it from September 24 to 27. An exhibition of diamonds will be organized at the International Dietrade Center of James & Jewelery Park located in Ichhapore area of Surat.
Dinesh Bhai Navadia, regional chairman of the Gems and Jewelery Export Promotion Council of India, said that 94,000 carat diamonds are produced every year from Panna Mines. Out of the production of diamonds made in three months, 24 thousand carat diamonds will be auctioned on September 28.
Significantly, to take advantage of the auction, it is necessary to be a member of the Jewelry Export Promotion Council (GJEPC). Small diamond entrepreneurs will benefit from the online auction of rough diamonds in Surat. Also, in the diamond market, which is going on a slowdown these days, it can also change.
Let us know that in Panna district of Madhya Pradesh, famous for diamond quarry, recently a person has found a precious diamond of good quality weighing 29 carat 46 cents during the excavation of the mine. In the auction, it can be sold for one to one and a half crores of rupees. The land of emerald is famous in the country and the world for spewing precious diamonds. It is difficult to guess when the fate of which worker shines on this earth and becomes a millionaire overnight.