Diamond Market

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a project report on
THE DIAMOND INDUSTRY AND INVESTMENT OPPORTUNITIES

SUBMITTED BY
ESHA PAREKH
T.Y.B.M.S. [SEMESTER V]
DIV.: A
ROLL NO.: 35

ACADEMIC YEAR
2011 – 2012

UNDER THE GUIDANCE OF
PROF. GOVIND SOWANI

DATE OF SUBMISSION
15TH SEPTEMBER 2011

SVKM’s NARSEE MONJEE COLLEGE OF COMMERCE AND ECONOMICS
Vile Parle (w), Mumbai - 400 056

Submitted to
University of Mumbai

DECLARATION

I, Ms. ESHA PAREKH, of SVKM’s Narsee Monjee College of Commerce and Economics of TYBMS [Semester V] hereby declare that I have completed my project, titled ‘THE DIAMOND INDUSTRY AND INVESTMENT OPPORTUNITIES’ in the Academic Year 2011 – 2012. The information submitted herein is true and original to the best of my knowledge.

________________________
ESHA PAREKH

CERTIFICATE

I, PROF. GOVIND SOWANI, hereby certify that Ms. ESHA PAREKH of SVKM’s Narsee Monjee College of Commerce and Economics of TYBMS [Semester V] has completed the project on ‘THE DIAMOND INDUSTRY AND INVESTMENT OPPORTUNITIES’ in the academic year 2011 – 2012 under my guidance. The information submitted herein is true and original to the best of my knowledge.

_________________________ _________________________ PROF. GOVIND SOWANI PROF. SUNIL B. MANTRI Project Guide Principal

ACKNOWLEDGEMENT
It has always been my sincere desire as a management student to get an opportunity to express my views, skills, attitude and talent in which I am proficient. A project is one such avenue through which a student who aspires to be a future manager does something creative. This project has given me the chance to get in touch with the practical aspects of management. I am extremely grateful to the University of Mumbai for having prescribed this project work to me as a part of the academic requirement in the Bachelor of Management (BMS) course. I wish to appreciate the SVKM management and Narsee Monjee College for providing all the required facilities. I would like to thank the Principal, Prof Sunil B Mantri for his dynamic leadership. I would also like to thank the BMS Coordinator, Prof Pankaj Natu for all his support and help I also wish to thank my Project Guide, Prof Govind Sowani, for guiding me throughout the project and without whose support; the project may not have taken shape. I also appreciate all the support provided by the library staff and the teaching and supporting staff of N.M. College for providing all the necessary academic content and the entire state of the art infrastructure and resources to enable the completion of my project. I sincerely wish to extend my special thanks to the following members for providing me all the necessary information regarding the topics, related to their companies and guiding me in my project as well: * Mr. Sanjay Parekh, Director, Diamart India. Ltd.

* Mr . Kirit Bhansali, Committee Member of the Bharat Diamond Bourse Finally, I thank all my friends and family members who have directly or indirectly helped me towards the execution of this project. EXECUTIVE SUMMARY:

Diamonds are rare and exquisite jewels, used extensively as jewellery and also for industrial purposes. They make an excellent investment and certainly the prettiest one. An estimated 10 million people globally are directly or indirectly supported by the diamond industry. The Diamond Market in India has been thriving since many years, and the opportunities for growth are ever increasing. The entire cycle from the formation of diamonds in nature to processing of rough diamonds and converting them into well polished and well cut diamonds which reach the final consumers requires ample time, man power and effort. It is through such hard work that diamonds reach the end consumer. The Diamond market in India has an increasing growth rate. The opening of the biggest diamond...
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