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Trends Of Diamond Market By Prabodh Mehta In Belgium
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Welcome to the city of diamond, Antwerp in Belgium. A hub of beautiful marvelous diamonds with different colors and styles that are capable to allure one completely. This brilliant concept of diamonds in Antwerp had been started since long time ago from ancient times until the eighteenth century. At that time all the business of diamond came from Eastern India that had emerged a strong business relation between the Belgium and India. Since then; numbers of favorable tags have been enclosed with Antwerp. Yes, one of the most prestigious tags is Prabodh Mehta Belgium who left India and shifted to Antwerp to launch his business segment in Belgium with named Gembel European NV.
Prabodh Kirtilal Mehta in the age of 17 had entered in the diamond industry while assisting to his father. In the year of 1956; his father Kirtilal Mehta had launched Gembel Diamond in Belgium; that has now turned as one of the prominent and authentic center of diamond merchant. While proceeding with his diamond journey; Prabodh Mehta in Belgium has marked with a pioneer in the polished and rough diamond business.
Prabodh Mehta In Belgium, president of the Gembel Diamond and CEO of Pace Gems in Dubai visited to all across the world especially in Singapore, Hong Kong, Dubai, USA and several European countries in order to promote the segment of diamonds. He added in his statement that the demand of diamonds in upcoming 3 to 4 years will get squeeze as the graph of demand and supply has crooked the trends of diamonds. Government policies of different countries, import and export policies and rising rate of diamonds have caused several problems for the merchants.
Financial Crises is another major cause of the same, the dump of diamond demand. But it is not as mush affected as compare to other section of the economy. Diamond is a substance connected with once feeling and worth of presence; what every female is looking in her husband. Thus, slowly and steadily the demand of diamond will rise but not as expectations of the diamond traders or merchants.
He also added that attack on Mumbai and then Thailand have disturb the diamond market as market showed less interest over investment but as with time everything goes cool and calm that makes life to start again. And world has enough money to shop and invest.
After analyzing the whole world; Prabodh Kirtilal Mehta; a great diamond merchant of Belgium has stated that in the world; USA is a leading country from where diamond has got its favorable demand. Following by India, China, Thailand, Cambodia and Vietnam where diamond demand have also been seen in fair numbers.
Above of all; Gembel in Antwerp, Kay diamond, Pace Gems, Adesh International and Adesh Gems in India, Hong Kong, Europe, UAE, Israel and USA are on their way to introduce amazing collection of diamonds with finest quality. Whether it wedding or corporate meeting, or any other auspicious occasion; these majestic set of diamonds are always with you as your heirloom.
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