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June 18, 2006 was the landmark day for diamond tool industry in India, particularlyRajasthan, as on this day Diamond Tools Association of India was constituted during a seminar held at Hotel Clarks Amer. Jaipur in which about 50 entrepreneurs from the industry hailing from Delhi. Haryana, Rajasthan and other parts of the country took part. In the meeting it was decided that the association would be provided with all necessary requisites to make it strong enough to safeguard the interests of all associated with the industry.

Addressing the inaugural seminar of Diamond tools Association of India, Panchsheel Jain, the president of the newly constituted association (also Managing

iDirector of sharp Diamond Tools Pvt. Ltd.) said that in the last 15 years Rajasthan's diamond tools ndustry has taken long strides in achieving new heights. The state which had only 4 - 5 diamond tools industries in the beginning now has more than 100 industries. Today industries in Rajasthan consume diamond tools worth more than Rs. 20 million yearly. With the vast expansion of the industry the need for a strong diamond tools association was felt for a long time. Panchsheel Jain said that this new association would fulfil the long standing requirement.

Apart from constituting the association, various other important matters of common interest were discussed in the seminar. Matter related to implementation of VAT was taken up by N.K. Gupta to brief participants with the latest steps taken. Matter related to participation in India StoneaMart 2007, which is scheduled to take place from February 1-4, 2007 at Jaipur, was also taken up for discussion.

Earlier, Sharad Kankaria, Director, Rajasthan Electricals and Powders and secretary of newly formed association briefly outlined the association's future plans. He disclosed that soon the association would publish a souvenir carrying all the necessary information related to diamond tool industry. He further said that the association would also be organising workshops on different subjects. Campaign for making new members would be their priority.

On the eve of seminar Vijay Gahi, Vice President; Rakesh Solanki, Joint Secretary and J.B. Roy, Treasurer of the newly formed association expressed their views on different subjects.

In the open session, held at the end of the seminar, many members of the association including K. Vikram, Himanshu Sehgal, Ashok Sarkar, Dev Kumar Godika, Manoj Nahata and Manoj Gujrani took active part. K. Vikram, President, Stone Technology Centre, speaking in the session said that his regular participation in important international trade fairs has helped immensely in delveloping good business relations as well as acquiring knowledge of technical developments in the sector. He appreciated the formation of the association and assured full support to it.   



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