Diamond Industry Leaders Discuss Ways To Foster Economic Growth At B20 Summit In Surat

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Diamond Industry Leaders Discuss Ways To Foster Economic Growth At B20 Summit In Surat
SRK Brand Custodian Shreyans Dholakia giving the keynote address at the B20 meet in Surat.

The Business 20 (B20) Surat Meet, the official G20 dialogue forum with the global business community, took place in Surat, India on 1st July, 2023. The event was organised by the Confederation of Indian Industry (CII), with Shree Ramkrishna Exports Pvt. Ltd. (SRK) as the supporting partner.

The B20 India 2023 dialogue, held under the theme of ‘RAISE’ (Responsible, Accelerated, Innovative, Sustainable & Equitable Businesses), brought together approximately 200 delegates from G20 countries representing various sectors, including diamond, textiles, finance, and banking industries. The event provided an opportunity for business leaders to share their insights and policy recommendations on various economic topics.

The keynote speakers at the event included Union Cabinet Minister of Ports, Shipping and Waterways & Ministry of Ayush Shri Sarbananda Sonowal and State Minister of State for Home, Industries, Transport, Youth, Sports Shri Harsh Sanghavi. Other dignitaries included Nippon Life India Asset Management Ltd. CEO Sundeep Sikka, Tata Chemicals Executive Director Zarir Langrana, SRK Brand Custodian Shreyans Dholakia, Natural Diamond Council MD Richa Singh, GIA Executive VP Tom Moses, Edelweiss Financial Services Ltd. MD Gopal Agrawal.

During his inaugural keynote speech, Shreyans Dholakia remarked, “We have gathered here to acknowledge and to embrace the spirit of internationalism and recognise that we are indeed global citizens. Today, our company SRK stands as a testament to the power of embracing this interconnectedness. We have successfully fostered strong trade relations with 80+ countries across the globe.”

One of the highlights of the event was the Round Table Discussion on the ‘Future of Diamond Industry in India in 2030’. This session brought together key stakeholders to explore and address the significant issues that will shape the trajectory of the diamond industry in India over the next decade. The outcomes of the discussion will contribute to recommendations and strategies that will shape the future of the diamond industry in India and beyond.

Shreyans Dholakia added, “Amongst the segments, luxury growth will continue to be a sweet spot. Surat will keep contributing to India’s global export adding values to its products with environmental and climate protection being the very core to the existence and continuity of human civilization.”

During the B20 meet, the delegates had the opportunity to visit the Diamond Research and Mercantile City (DREAM City), an upcoming business district in Surat. They also toured Shree Ramkrishna Exports’ diamond crafting facility, SRK Empire, which is recognised as one of the highest-ranking “green” buildings globally.

The B20 Summit in Surat provided a platform for industry leaders to collaborate, exchange ideas, and foster economic growth while promoting sustainable practices in the diamond industry. With the event’s successful conclusion, the focus now shifts to implementing the recommendations and strategies formulated during the discussions, ensuring a brighter future for the diamond industry in India and beyond.

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.