ALROSA Appoints Jim Vimadalal As Director Of Mumbai Office

(IDEX Online) – Jim Vimadalal, who previously worked at the Indian offices of Rio Tinto and Swarovski, has been appointed as Director of ALROSA's representative office in Mumbai.

The official opening of the Indian office is scheduled for March 2018. Currently, preparation works for the opening are underway, ALROSA said. The representative office won't be engaged in trading activity, but will focus on cooperation with the local market.

Vimadalal will cover ALROSA's activity in India. His key responsibilities will include cooperating with local industry organizations and advising current clients of the company on technical issues. He will also negotiate with potential clients and monitor the state of Indian diamond market.

In addition, he will deal with issues relating to research of consumption in the Indian market, as well as issues of preventing synthetics from entering the Indian natural diamond market.

ALROSA Chief Executive Officer Sergey Ivanov said, "I'd like to welcome Jim Vimadalal to the company, and I'm confident that his wide experience in sales and marketing will contribute to strengthening our partnership with India, as well as expanding the company's presence in the country's diamond market. India is one of our key partners; local companies successfully cooperate with ALROSA under both long-term contracts and spot transactions. The opening of the office in Mumbai will enable us to better cooperate with industry organizations and our current clients, as well as expand our client base in the country."