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Jewelry News - Domestic & International News: GJEPC to DTC: Reconsider sightholder cuts - JB News Feed

GJEPC to DTC: Reconsider sightholder cuts - JB News Feed

A total of 11 Indian firms were eliminated as sightholders in the Diamond Trading Co. (DTC)'s recent realignment, causing grave concern among industry leaders there.

India's Gem and Jewellery Export Promotion Council (GJEPC), the main body of the gem and jewelry trade in India, released a statement today pointing out that the realignment means a 25 percent loss in processing capacity for India.

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