Diamantaire KP Sanghvi, diamond and jewellery manufacturer Choron Group and the world’s largest non-bank lender in the jewellery industry Del Gatto Diamond Finance Fund (DDFF) have joined other dedicated allies of the Natural Diamond Council (NDC) to forge a strategic alliance that will reshape the trajectory of the modern diamond industry.
Founded in 1965, KP Sanghvi is an Indian family-owned polished diamond and jewellery manufacturer and a renowned leader in the natural diamond industry.
Choron Group was established in 1985 and operates in rough diamonds, polished diamonds and wholesale jewellery. They are members of World Diamond Council.
The Del Gatto Diamond Finance Fund (DDFF) is an institutional lender, and the largest non-bank finance company to the global diamond and jewellery industry. DDFF is an SEC registered hedge fund founded by Chris Del Gatto, a 30-year diamond industry veteran, and Andres Lucas, a 25-year finance professional.
NDC’s existing partners include eight diamantaires, namely, Shree Ramkrishna Exports (SRK), Hari Krishna Exports Pvt. Ltd. (HK), Rosy Blue, Venus Jewel, Diarough, Dianco, Jewelex, and Shivam Jewels as well as Bonas Group, World Federation of Diamond Bourses, Antwerp Diamantkring and Botswana Diamond Manufacturers Association.
NDC offers these partners coveted opportunities to leverage and build their brands through PR interventions, exclusive content creation, networking events and including them in strategic brainstorming sessions on how to further grow the natural diamond industry.
In addition to these alliances, NDC also has partnerships with top retail brands from around the world including Malabar Gold and Diamonds and Chow Tai Fook Jewellery Group and regional leaders like Jawhara Jewellery, Z Bird, La Marquise Jewellery, Ben Bridge Jeweler, Razny Jewelers and Day’s Jewelers to further build the natural diamond dream.
David Kellie, CEO, Natural Diamond Council said, “We as NDC are delighted to establish this forward-thinking alliance with the leading lights of the modern diamond industry. Together, we will create opportunities to convey the impeccable values, rich stories, ethical practices, sustainability initiatives and true commitment to transparency that our partners uphold, to both consumers and the trade.”
The NDC’s partners shared their views regarding the joint venture and emphasised their commitment to natural diamonds.
Kishore Sanghvi, Chairman of KP Sanghvi LLP, said, “KP Sanghvi strongly believes that natural diamonds, with their timeless beauty and emotional resonance, remain an indispensable part of our lives, symbolizing love, milestones, and cherished memories. Joining forces with NDC reaffirms our desire to inspire consumers and remind them that every diamond not only carries intrinsic beauty but also a commitment to sustainability and positive societal impact.”
Chris Del Gatto, Co-Founder & CEO, Del Gatto Diamond Finance Fund said, “We are proud to partner with the Natural Diamond Council. Their mission, the promotion of natural diamonds, is more important than ever given the current environment and the negative impact of the trades’ adoption of lab grown diamonds. We hope that other companies will support the NDC for the long-term health and sustainability of our wonderful industry.”
Rajesh Shah, Partner, Venus Jewel, said, “Through our association with the NDC, we join forces with like-minded individuals to celebrate the unmatched beauty and value of natural diamonds. At Venus Jewel, we are devoted to setting new standards in ethical business practices, quality product delivery and employee care.”
Shreyans Dholakia, Brand Custodian, Shree Ramkrishna Exports, said, “At SRK, we firmly believe in the intrinsic value and significance of natural diamonds, for they are not only symbols of love and commitment but also a gift of God. To continue celebrating the legacy of natural diamonds, we are honoured to partner with the Natural Diamond Council. This partnership is more than just a collaboration; it is a celebration of authenticity, elegance, and the enduring values that natural diamonds, SRK and NDC upholds.”
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