Previously, the Mumbai event was held in mid-October in order to avoid clashes with other events. However, Mehul Shah, vice-president BDB, told Jeweller that bourse members had requested to change the dates, as October was considered to be too close to the Christmas holiday season.
Shah explained that the new dates accommodate not only bourse members, but overseas attendees too.
“Because August is further away from the Christmas season, all the buyers will have an opportunity to buy well ahead of their busiest period – and of course, there will be good deals on offer,” he said, adding, “Dates are important, but for us convenience is more important.”
While the 2019 edition of BDW was successful, with notable buying delegations attending from China, Thailand, and across India, Shah said the bourse would increase its focus on attracting international buyers in 2020.
“We are focusing on more countries, and future Diamond Week attendees can expect better business and a long-term relationship with our members. Bharat is the world’s biggest diamond hub, and we believe that people will come to the 2020 BDW,” he added.
The BDB is the world’s largest diamond bourse, with approximately 5,000 members. Bharat Diamond Week, a trade-only event, was launched in 2018.
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