Indian state-owned firm eyes diamond industry

Projects revenues of $2.31 billion for 2007-08

Post By : Diamond World News Service On 27 March 2007 12:00 AM
In an unveiling ceremony at the 32nd World Diamond Congress, Sarin Technologies Ltd (“Sarin”) launched two groundbreaking products - the Colibri and OrchiDia for polished and rough diamond color grading and prediction respectively on June 27, 2006. The Colibri is a state-of-the-art color grading product for polished diamonds. Colibri calculates and grades the color of the diamond as well as its fluorescence taking into account the diamond’s size and shape. Among other features, it can measure mounted stones, is fully mobile, and has a user-friendly touch screen. %% Explaining how Colibri can benefit a business, Sarin CEO Zeev Leshem said, “By having precise and consistent results for the color grade and fluorescence of a diamond, Colibri is an unparalleled sales tool that can help the retailer demonstrate and compare the quality of his diamonds to his customers. With its improved accuracy, we also expect gem labs to adopt Colibri™ as their color grading tool just as they adopted Sarin’s DiaVision as the industry’s standard for cut grading.” %% OrchiDia is the first product which enables diamond manufacturers and dealers to predict the final polished color of a rough diamond according to the planned polished shape (such as round, marquise, or princess) and the principal rough diamond model (octahedron, dodecahedron, etc.). “The aim is to get as much value as possible from each rough diamond. This is where the 4C’s play an integral part. Sarin’s Advisor recommends to the diamond manufacturer the optimal Carat weight and Cut. The new Advisor 2.0 adds Clarity to the equation. OrchiDia handles the fourth C – Color, to provide everything the manufacturer needs to maximize value. Because of the dramatic impact color has on a polished diamond’s price, knowing the final color, and thus the true market value of your polished diamond, you can minimize trading errors and better forecast your sales revenues. If you’re buying rough, you no longer have to guess whether you are making a mistake or not.” Mr. Leshem added.

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