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Rapaport brings Global Diamond Auction Viewing to India in First Sign of Policy-Driven Trade Shift

15-07-2026   11:50 AM

Rapaport Corporation, USA, has chosen India to host its first Pre-Auction Diamond Viewing Event in over 15 years, marking a landmark moment for the global diamond trade. The four-day viewing event is being held from 13–16 July 2026 at the Bharat Ratnam Mega Common Facilitation Centre (Mega CFC), SEEPZ, Mumbai.

Organised by Rapaport in collaboration with GJEPC, the inaugural Rapaport Melee Auction features nearly 14,000 carats of pre-owned diamonds from the US. The event has been made possible through the Government of India’s expansion of the Free Trade Warehousing Zone (FTWZ) framework at the Mega CFC, enabling warehousing, viewing and exhibition of gems and jewellery products, as well as international pre-auction inspections in India for the first time.

The inauguration was graced by:

• Dnyaneshwar Patil, IAS – Development Commissioner, SEEPZ-SEZ

• Colin Shah – Chairman, Working Group, Bharat Ratnam Mega CFC

• Bharat Ghori – Co-Convener, MSME, GJEPC

• Sabyasachi Ray – Executive Director, GJEPC

• Ravi Menon – CEO, Bharat Ratnam Mega CFC


Key Highlights:

• 13–16 July 2026 | Four-day viewing event

• Bharat Ratnam Mega CFC, SEEPZ, Mumbai

• Nearly 14,000 carats of pre-owned diamonds from the US

• 60+ buyers expected to participate

• Winning bidders notified within 24 hours

• Payment due within 3 working days

• Goods shipped from New York post payment.

Courtesy: AOJ DESK NEWS

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