Rio Tinto celebrates 30 years working with Indian gem trade.
Rio Tinto’s Argyle pink diamonds are continuing to drive relations with the Indian diamond trade, having recently hosted a polo match between Australia and India, watched by Jaipur royalty.
The match, dubbed the Argyle Pink Diamond Cup, was held in the “pink city” of Jaipur. The match was hosted as “a reflection of the enduring relationship” between Australia, where Argyle pink diamonds are mined, and the Indian diamond trade. It was organised as part of the OzFest programme, the biggest Australian cultural festival ever held in India.
Hundreds of people are said to have watched the match between The Royal Jaipur Polo team a the Western Australian polo team, which was open to public.
Nik Senapati, managing director of Rio Tinto India, said: “We are delighted to be in Jaipur to present the inaugural Argyle Pink Diamond Cup, which is a reflection of the enduring relationship between Western Australia’s Argyle Diamond Mine and the Indian diamond industry.
“This relationship has developed into a formidable competitive advantage that has led to significant employment opportunities in both countries.”
The head of Jaipur’s Royal Family, Maharaj Narendra Singh, was captain of the winning Royal Jaipur team, and the match was watched by royalty – Her Highness Maharani Padmini Devi. The acting Australian High Commissioner to India and senior Rio Tinto executives were also among the spectators.
A celebratory cup was made specifically for the event, designed and manufactured by Nirav Modi, said to be one of India’s finest designers and jewellery retailers.
Jean-Marc Lieberherr, chief commercial officer for Rio Tinto Diamonds, said: “Diamonds are sacred to India and Argyle pink diamonds are symbolic to Australia and so we are excited to be able to showcase Australia’s finest export in this quintessential Indian setting.
“This has also provided an opportunity to look back at the 30 year relationship we have enjoyed in India, and look forward to the next few decades as India continues on its trajectory to be the powerhouse of the global diamond industry.”