Surat:
This could be a small, but an important discovery to provide better security to the diamonds during trading.
Since its inception, the diamond industry has been using traditional packets made out of paper to store the precious stones. Every time, the diamond merchants and manufacturers must fold and unfold the packets during the trading deals to show the diamonds. There are chances of losing few diamonds during the trading process. After the deal is struck, the diamond packets are destroyed.
A De Beers sightholder company, Shree Ramkrishna Exports (SRK) has come up with an innovative design of the diamond packets for better security. These diamond packets are reusable and that the diamonds could be seen from a transparent peep-in window, which gives the diamond owners surety about the physical presence of diamonds in the packet without opening it.
Talking with TOI, director of SRK, Shreyans Dholakia said, “We were working on the design of diamond packets since last three years. The packets called ‘window of hope’ are environment friendly and made out of the high quality reusable paper. Unlike the traditional packets, these packets offer complete security as the owner does have to fold and unfold the packet to see the diamonds.”
Dholakia added, “We had applied for the patent for the diamond packets, but later withdrew in the wider interest of the diamond industry. The entire diamond industry will be able to use the innovative diamond packets in the coming days.”
According to Dholakia, there are thousands of diamond offices in Surat and Mumbai where lakhs of carats of diamonds are stored traditional packets. Imagine the time consumed in folding and unfolding of the packets and the waste of paper once the diamonds exchange hands.
President of the Surat Diamond Association (SDA), Babu Kathiriya said, “Diamond paper packets are used in the industry since decades. You need to fold and unfold the packets every time you show the diamonds to others. In the process, sometimes, there are chances of losing few diamonds. A few cases were reported where the conman duped diamond traders with stones in the packet. There is a need to securing the diamonds while trading.”