BUSINESS & EDUCATION FIELD TRIP’S

Introduction:

Surya institute of gemology conducts educational and business field trips for its student’s, who successfully completed all the courses and practical examinations. The main reason behind conducting periodical field trips for the students and alumni who are successful in completing their education at the institute is to gain further and live experiences of knowing and buying the gems right from the sources with finest quality of natural gems. These field trips are designed to gain a rich experience of gaining knowledge and learning business acumen in the field of gemology.

Surya institute of gemology after conducting an exclusive research with power of global connections has identified some excellent diamond mining spots and best markets were best of global traders meet and buy the diamonds.

I myself the founder of surya diamonds & surya institute of gemology had successfully completed certification in gemology from prestigious Asian institute of gemological sciences-AIGS at Thailand in the year 2008.  After successfull completion of the course I left to gemological institute of America-GIA in the year 2009 for pursuing my higher education and professional certification in diamond course and pearl grading courses. As part of the DSC03940education system the institutes over there have conducted several EDUCATIONAL & BUSINESS TRIPS.

In particular when i studied in Bangkok, our institute conducted several trips to nearby Thailand and more places like Myanmar, Cambodia, Lao’s, Sri Lanka and Madagascar. I had extensive in-depth experiences of how the gemology trade works throughout the world. It was a huge game changing experience for me as i successfully completed the trips and gained more practical and real knowledge.

I visited several diamond mines and personally had interaction’s with many experts, who includes the owner’s of the mines. They took me around many gem cutting & polishing factories and jewellery & gem making factories. Later i personally visited and networked with gems markets and gem traders several times to gain more in-depth knowledge. This experience gave me a seed idea of training and education more gemologists to do business ethically. It made me more inspirational to start surya institute of gemology in India to make sure Indian jewellers and gem traders gain more benefits by visiting mines directly and sourcing gems at the point of natural availability.

As father of the nation Mahatma Gandhi said and i quote “Customer is god “. The reason why i am quoting this point is, given the time in the Indian gem trade market i observed lot of illegal and un-ethical practices being conducted by dealers who sell synthetic gems which come from factories abroad. There are only 1% traders in this country who buy natural diamonds and gems directly from sources of trust. The remaining 99% of the traders buy synthetic and heat treated gems from people who come with suitcases and sell which are completely not natural and in fact fake. In the whole system the two main looser are the small traders and customers who buy these fake or synthetic stuff from these traders. There are several reasons for traders who buy these synthetic stuff from these suitcase dealers who come to their office. The main things are lack of knowledge, no global exposure and infact basic and common problem is language. At times in the business field, TIME is also one of the major factors for small traders. This types of situations are actually spoiling the industry. It took as my main goal to cultivate a good gemology in the Indian gemology industry.

Surya institute of gemology conducted some business trips to jaipur and srilanka in past 2 years as a batch of 20 traders at a time. The trip was conducted Mr.sunkara for small traders and jewellers who came across from the state and was given a whole brief of the trip well in advance. This gave confidence even for the lab bench workers as it opened the doors for whole new world of knowledge. The trip to srilanka mines and gems market gave a free open trade system and value that developed a new scenario of thinking and mindset in the traders. They now have new connections and saw improvement in their businesses to a tune of multiple folds in revenue. They were happy and more confident than before. This field trip system open’s the minds and give a lifeline to direct trade from source to the customer. The purest value of money and trust improves and changes the life of a small trader and improves his business revenue year on year. The institute has identified some important places of trade and mines of interest to plan and personally conduct trips to these places. They are listed below by distinguishing between INDIA and ABROAD. They are categorised by their importance of markets, mines and global brands.

                                                                      I  N D I A

1.JAIPUR :

Jaipur is the Indian city the capital and largest city of the Indian state of Rajasthan in Northern India. It was founded on 18 November 1727 by Maharaja Jai Singh, the ruler of Amer after whom the city is named. As of 2016, the city has a population of 7 million, making it the tenth most populous city in the country. Jaipur is also known as the  Pink City of India.DSC00562

Jaipur is a hub for colopured gemn stones . It is the main hub for precious and semi-precious gem stones . Jaipur has been a trading hub for gems for the past many generations and supplies all sorts of gems and polished gems to  four corners india from north to south .The gem entrepreneurs in jaipur can be dated back to Past 4 to 5 generations and they are conducting  a major business in india with a turnover of crores of rupees each day. They have spread across world. These business families are spread over all continents in the world in catering to  Trade , supply and most of them are family business and this is the unique point to be observed.Sitapura area a hub for the gemology business , the local government is helping and  providing lot of space to these gem stone entrepreneurs to build their factories and estalish a world class gem manufacturing units with modern technology.The core activities that take place here are cutting and polishinhg .This can be done for even 1 carat to 100 carats for each and  every stone. Jaipur is accredited as  fastest growing colour stone hub in india as well recognised by the world. Every year in december a gem fair takes place in jaipur and it is  world class gem expo. Most multinational trading deals are signed in this fair.

2.SURAT:

Surat, previously known as Suryapur, is a city in the Indian state of Gujarat. It is the administrative capital of the Surat district. The city is located 284 kilometres (176 mi) south of the state capital, Gandhi agar, on the south of Tapti River (Tapi), the center being around 22 km (14 mi) from the river’s mouth.

Surat had a population of 6 million at the 2015 census, making it the second largest city in the state of Gujarat, after Ahmadabad. It is the eighth largest city and ninth largest metropolitan area of India. Surat is the 34th-largest city by area and 4th-fastest developing cities in a study conducted by the City Mayors Foundation, an international think tank on urban affairs.

Surat is a major hub in india for cut and polished gem stones. It stands as a global hub for polishing rough diamonds and making them more precious. Surat is a major hub of diamond cutting and polishing.Gujarati diamond cutters, emigrating from East Africa, established the industry in 1901 and, by the 1970s, Surat-based diamond cutters began exporting stones to the US for the first time.Surat is known as diamond heart of world

Katargam is a Zonal Town in Surat city and host of the world famous Surat Diamond Industry. Today Katargam has one of the best developed area in Surat city and also boasts of Diamond Industries.

 Diamond Tools and Tech Trade Fair :

 The Diamond Tools and Tech Trade Fair was organized specifically for showcasing the technology and the services available to the local Gem & Jewellery Industry. The aim of the Fair was to introduce the latest technology in the Gem and Jewellery manufacturing industry to the players of the local SME sector. The exhibition had over 60 exhibitors and was arranged in a large dome covering an area of 1600 square metres. Some of the main attractions of the exhibition included:

  • A live demonstration of polishing an 85-carat rough diamond
  • A display of a single 170 carat rough stone

3.BOMBAY :

Bombay or Mumbai is the capital of Indian state of maharastra.Its also the financial hotspot of India. Bombay is a major trade hub for all types of trade since ancient India. It has Bombay stock exchange, which is the world’s oldest stock exchange. Bombay has been a hub for different types of traders including jewellery, diamonds and minerals etc. Bombay has India’s largest commodity exchange business.

Bharat Diamond Bourse (BDB) is the world’s largest diamond bourse (exchange) and is located in Mumbai, India.  This is spread over a 20-acre plot; the Complex is home to some 2,500 small and large diamond traders in addition to the Custom House, banks and other service providers who cater to the gems and jewelry trade. There are 8 towers having 9 floors each. The total constructed area is 2,000,000 sq ft, with two basements of additional 1,000,000 sq ft. The facilities at BDB comprise offices of diamond traders, four walk-in vaults, and 24,500 safe deposit boxes, a 6,200-square-foot trading floor, strong rooms, lockers and customs clearance facilities with all the modern facilities required to carry on day-to-day business.

It is located in the G Block of the Bandra Kurla Complex, between the Mumbai DSC00486suburbs of Bandra and Kurla. It has an inflow of some 20,000 – 30,000 people daily. BDB handles 60% of diamond exports from India. This is India’s major diamond’s financial transaction hub.

Bombay is also famous for its major jewellery and diamond expo which takes place every in the month of august. It takes place at the famous Bombay exhibition centre. It welcomes jewellers and diamond traders from all over the world. It handled more than 1000 exhibitors in the year 2014.

The main products include and are not limited to

  • Loose Diamonds, Colour Gem Stones & Pearl
  • Couture Jewellery
  • Mass Produced Jewellery
  • Plain Gold Jewellery
  • International – Jewellery & Loose Stone
  • Synthetics & Simulants
  • Laboratories & Education
  • Allied Machinery

Bombay can teach more of business and trading skills giving a good exposure.

 Gemology field Trips abroad – OUT of INDIA

1.SRILANKA:

Sri Lanka is a independent country located towards south of indian sub-continent. It is located as an island nation in the Indian Ocean. It became famous through the Hindu epic and mythology of Ramayana. The story tells that sita , the wife of rama was absconded by ravanasura and was hided in the land of lanka. It was called as lanka pura in those days and later in the year 1972 it was renamed as Ceylon. After year’s it was named as sri lanka with base of founding gems and gem mines, since then it was called srilanka. In the year 2009 after the internal conflicts within the nation. Under the leader ship of sri mahindra rajapakse then prime minister of srilanka has over hauled the situation and moved the economy into growth perspective leading to over all development of the country. The major back bone of the economy was agriculture , coffee , rubber ,sugar , transport and ports , diamonds and gems etc. For most of the foreign tourists it was a major hub for gem stones and tourism attractions.

Srilanka was known as ratna garbha in those yester years. It was famous since 6th centiury for his abundance of cultured gem stones and precious diamond’s. There are many evidences that since older centuries there were trade transactions conducted in this country.The world has recognised srilanka has major reserves of diamonds and gem stones than any other country in the world. The economical importance of gem stones that are available in srilanka based on the 4c’s in gemology and the shapes are only found in sri lanka and cannot be found in any other part of the world. This is one of the major notable points.

The major places places were the gem stones are found in the srilanka are , ambalpitiya, agalavatta , avissavella , badulla , bellamgoda ,dambulla , daniyayya , ihiliyagoda , ilahara , gole , horanna , kandi , ratnapura , rakavana and many more places in this gem country. There are about more than 7500 government approved mines based in sri lanka. There are more than 5000 secondary deposit mines, more than 2000 open pit mines and more than 500 alluviel deposit mines. Most valuable gem stones are available in these mines as a raw and rough shaped stones in different sizes , shapes and colours. Most of these gem stones are available between 5 meters and 25 meters in depth of the mines. But very rare stones are available only at 50 meters in depth of the mines.

From the capital of the srilanka (Colombo) towards the north side and with about 100 kilometres distance, there is a city called ratnapura. It is open n trading place for the gem stones since ages, therefore it is called ratnapura. There is a city centred place called clock tower. Since 5 am in the morning and till late, lots of transactions takes place in selling and buying gem stones. The traders open their shops in early hours for selling the rough stones.  Mostly mixed colour rough gem stones. Due to the stones being rough and in natural stage, it not recommended buying them without clear knowledge or business acumen. Because we may not know until polishing and cutting the stone which colour of shape it turns into, therefore without any professional guidance and self knowledge it is not recommended to buy.

From the city of Colombo towards the south and almost 30 kilometres towards the south there is a place called beruwala which is internationally recognised as the gem hub. All the gemstones collected and bought from various parts of the places in srilanka are tested here and sold and exported internationally by traders of this place. The place called china fort is the major point for all these transactions. The trade mostly takes place between 8am to 3pm every day. These high level transactions take place between Wednesdays and Saturdays mostly. There are about more than 5000 big traders in this place, they perform high value transactions. This place has been recognised since 1024 year as the major global trade hub. It is noted that traders here give more respect and behave with absolute patience and integrity with clients. They conduct business with high level transparency. The highly selling gemstone here is fancy sapphire.

2.BANGKOK:

Bangkok is the capital and most populous city of Thailand. It is known in Thai as Krung Thep Maha Nakhon .The city occupies 1,568.7 square kilometres (605.7 sq mi) in the Chao Phraya River delta in Central Thailand, and has a population of over 8 million, or 12.6 percent of the country’s population. Over 14 million people (22.2 percent) live within the surrounding Bangkok, making Bangkok an extreme primate city, dwarfing Thailand’s other urban centres in terms of importance. Bangkok’s economy gradually expanded through international trade, first with China, then with Western merchants returning in the early-to-mid 19th century. As the capital, Bangkok was the centre of Siam’s modernization as it faced pressure from Western powers in the late 19th century.

3.LAO’S:

 Laos ( Sathalanalat Paxathipatai Paxaxon Lao), officially the Lao People’s Democratic Republic (LPDR) (FrenchRépublique démocratique populaire lao), is a landlocked country in Southeast Asia, bordered by Myanmar (Burma) andChina to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west. Since 1975, it has been ruled by a Marxist and communist government. Its population was estimated to be around 6.8 million in July 2014.

4.MYANMAR:  

Myanmar officially the Republic of the Union of Myanmar and also known as Burma, is a sovereign state in Southeast Asia bordered by BangladeshIndiaChinaLaos and Thailand. One-third of Myanmar’s total perimeter of 1,930 km (1,200 miles) forms an uninterrupted coastline along the Bay of Bengal and the Andaman. The country’s 2014 census revealed a much lower population than expected, with 51 million people recorded. Myanmar is 676,578 square kilometres (261,227 sq mi) in size. Its capital city is Naypyidaw and its largest city is Yangon (Rangoon). For most of its independent years, the country has been engrossed in rampant ethnic strife and groups have been involved in one of the world’s longest-running ongoing civil wars. During this time, the United Nations and several other organisations have reported consistent and systematic human rights violations in the country. In 2011, the military was officially dissolved following a 2010 general election, and a nominally civilian government was installed. While former military leaders still wield enormous power in the country, Burmese Military have taken steps toward relinquishing control of the government. This, along with the release of Aung San Suu Kyi and political prisoners, has improved the country’s human rights record and foreign relations, and has led to the easing of trade and other economic sanctions. There is, however, continuing criticism of the government’s treatment of the Muslim Rohingya minority and its poor response to thereligious clashes.DSC00480

Myanmar produces precious stones such as rubiessapphirespearls, and jade. Rubies are the biggest earner; 90% of the world’s rubies come from the country, whose red stones are prized for their purity and hue. Thailand buys the majority of the country’s gems. Myanmar’s “Valley of Rubies”, the mountainous Mogok area, 200 km (120 mi) north of Mandalay, is noted for its rare pigeon’s blood rubies and blue sapphires.

Many US and European jewellery companies, including Bulgari, Tiffany, and Cartier, refuse to import these stones based on reports of deplorable working conditions in the mines. Human Rights Watch has encouraged a complete ban on the purchase of Burmese gems based on these reports and because nearly all profits go to the ruling junta, as the majority of mining activity in the country is government-run. The government of Myanmar controls the gem trade by direct ownership or by joint ventures with private owners of mines.

5.VIETNAM:

Vietnam, officially the Socialist Republic of Vietnam is the easternmost country on the Indo-china Peninsula in Southeast Asia. With an estimated 90.5 million inhabitants as of 2015, it is the world’s 13th-most-populous country, and the eighth-most-populous Asian countryThe name Vietnam translates as “Southern Viet” (synonymous with the much older term Nam Viet); it was first officially adopted in 1802 by Emperor Gia Long, and was adopted again in 1945 with the founding of the Democratic Republic of Vietnam under Ho Chi Minh. The country is bordered by China to the north, Laos to the northwest, and Cambodia to the southwest, and Malaysia across the South China Sea to the southeast.[e] Its capital city has been Hanoi since the reunification of North and South Vietnam in 1975.

6.COMBODIA:

Cambodia officially known as the Kingdom of Cambodia and once known as the Khmer Empire, is a country located in the southern portion of the Indo-china Peninsula in Southeast Asia. Its total landmass is 181,035 square kilometres (69,898 sq mi), bordered by Thailand to the northwest, Laos to the northeast, Vietnam to the east, and the Gulf of Thailand to the southwest.

With a population of over 15 million, Cambodia is the 70th most populous country in the world. The official religion is Theravada Buddhism, practised by approximately 95 percent of the population. The country’s minority groups include VietnameseChinese,Chams, and 30 hill tribes. The capital and largest city is Phnom Penh, the political, economic, and cultural centre of Cambodia. The kingdom is a constitutional monarchy with Norodom Sihamoni, a monarch chosen by the Royal Throne Council, as head of state. The head of government is Hun Sen, who is currently the longest serving non-royal leader in South East Asia and has ruled Cambodia for over 25 years.

7.MADAGASCAR:

 Madagascar officially the Republic of Madagascar (French: République de Madagascar), and previously known as the Malagasy Republic, is an island country in the Indian Ocean, off the coast of Southeast Africa. The nation comprises the island of Madagascar (the fourth-largest island in the world), as well as numerous smaller peripheral islands. Following the prehistoric breakup of the supercontinent Gondwana, Madagascar split from the Indian peninsula around 88 million years ago, allowing native plants and animals to evolve in relative isolation. Consequently, Madagascar is a biodiversity hotspot; over 90% of its wildlife is found nowhere else on Earth. The island’s diverse ecosystems and unique wildlife are threatened by the encroachment of the rapidly growing human population and other environmental threats.

Madagascar’s natural resources include a variety of unprocessed agricultural and mineral resources. Key mineral resources include various types of precious and semi-precious stones, and Madagascar currently provides half of the world’s supply of sapphires, which were discovered near Ilakaka in the late 1990s. The island also holds one of the world’s largest reserves of ilmenite (titanium ore), as well as important reserves of chromite, coal, iron, cobalt, copper and nickel.