AGS Laboratories enters Mumbai

The American Gem Society Laboratories said Thursday that it has contracted Gem Services International to operate a take-in window in Mumbai. The new take-in window will start providing services mid-May.

“This is an area that we’ve wanted to move into for some time, we were just waiting for the perfect opportunity, and we found that with GSI,” said Peter Yantzer, executive director of AGS Laboratories.

The new take-in window will use Lemur Services to transfer the products in India, and Dunbar will manage the U.S. AGS Laboratories says that they will still maintain their policy of diamond grading results in five business days for clients of the take-in window.

“By utilizing the diamond grading services of the AGS Laboratories, the Indian diamontaires will be able to significantly improve marketability of their diamonds, as well as add value to the bottom line,” said Nikhil Jhaveri, GSI president.

GSI was organized to offer the diamond grading services of AGS Laboratories to the Indian diamond trade. Based in Los Angeles, GSI is managed by professionals with extensive experience in the diamond markets of India and the U.S.A., as well as in the international transportation of diamonds.