Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Diamond smoke over Vladivostok

Let's create a diamond exchange in Vladivostok ...

Trutnev from the Davos tribune calls on foreign capitalists to work in the Far East. Well, for example, buy diamonds. Diamonds in our Yakutia pinned to the Far East, whole kimberlite pipes. Enough to sell them to De Beers. Let's create a diamond exchange in Vladivostok ...

Diamond smoke over Vladivostok
And I remembered. The beginning of zero. A swarthy, smiling, plump, short gentleman with that amazing English language, in which there was such a soft accent in the pronunciation of all unpronounceable letters, was surely at all meetings of the consuls, whose number grew year by year. At all events in the administration of Primorye, where it was about "international cooperation". At all banquets and parties with the participation of deputies and journalists, and everywhere he was with a flock of tall, thin Russian girls who instantly took seductive poses.
He got acquainted with everyone, was friends with everyone, called everyone to parties and took his cards out of the business card as if they were covered with diamond dust. "Choron Diamond" was written on the card, and below Sunil Gandhi.
The Consulate of India in Vladivostok appeared in 1992 year, earlier than the American and Japanese. And we drank Indian tea, and in Chinese cultivars we did not understand yet.

Sunil so familiar with all that it seemed that being them is in itself a business. But then the then vice-governor, Viktor Gorchakov, who oversaw international activities, announced that in Vladivostok 19 March 2003 the lapidary factory "Primorsky diamond" was opening. Indian partners have invested half a million dollars in equipment, created one hundred jobs to turn small Yakut diamonds weighing less than a quarter of a carat (they were called "Indian") to jewelry.

After the presentation of the factory, angels around Sunila became even taller and more beautiful, and he shone like a moon surrounded by stars. Things went fine. With a hundred people, the staff grew to 150, and the Indians left, and local people began to work. Production in a year was planned to be produced for 30 million dollars and plans were exceeded (in Yakutsk the first Indian lapidary factory opened several years earlier, but also stuck at 20 million milestone). Sunila was asked whether he would expand production in Primorye, and he added that he was ready to look for diamonds here. Rings, pendants, necklaces, bracelets "Primorsky Diamond" were made elegantly, in an unusual design, affordable and sold at their own store in Vladivostok and sent to South-East Asia.

- Sunil, why do you cut such a small thing, you do not have enough money for it? - I teased him.

“My friend, the large diamonds are jewels cut, there are few of them, and there are many of us Indians, and you, Russians, many — small ones will suffice for everyone,” answered the wise Sunil.

For a short time Sunil rejoiced at the way things are going on in Primorye. Only he was untwisted, he only paid 50 million rubles to the budget for his first year and a half, as in 2005 year ALROSA found that it is easier and more profitable to sell all of its diamond harvest in bulk than to bargain with small customers. Sunil rushed for support to the administration of the province. In any way, the "pioneer of investment." It is assured that the then governor Sergey Darkin personally called the President of the Republic of Sakha Vyacheslav Shtyrov, whose father, by the way, served as a rear admiral in reconnaissance of the Pacific Fleet.

But intercession did not help. Sunil stopped the factory, his shop lasted until the crisis of 2008 year. And now he is doing business in South Africa in Bloemfontaine and in Vladivostok is the arrival. Sunil behaved cordially, but modestly, and I was surprised to find his name in the Bloomberg directory, and his company Sunraj Diamond Export Ltd was registered on the Mumbai stock exchange.

And what about the development of relations between India and Primorye? Sunil for the second year in his "Primorsky Diamond" was released on 40 million dollars. It was 2005 year. And for the 11 months of 2015, the share of Primorye in trade with India draws as much on 9 thousands of dollars exports and on 21 thousands - imports: some medicines, fruits, spices, tea ... they brought the meat for processing.

So, the "diamond exchange" is right, it's global, but the experience of Sunil Gandhi shows that sometimes a small company gives more jobs, and business - it depends not so much on "preferences" as on how global players behave In this market.