Hi All. My family is the jewelry manufacturing and retail business in Pakistan for over 5 decades and, today, are one of the largest and best reputed brands there. Given the significant potential of Pakistan’s gemstone resources, we are now starting a gemstone cutting and export business. We have started sourcing and cutting rough on a test scale. We are also in the process of setting up a modern lapidary.
On the side, we are also lobbying the government to pay some attention to the industry. Pakistan has large reserves of several varieties of gemstones, such as Emeralds, Corundum, Peridot, Tourmaline, Aquamarine, etc. Currently, only 5% of the resources are mined, albeit very poorly. Most of the rough is then smuggled out. There is a dire need for organized mining, modern lapidaries and promoting cut stone exports.
I would like to hear of your expert opinions/advice here. How is the international market for Pakistan gemstones. Who could be the potential large buyers. What stone and sizes should we initially focus on, etc.
Your valuable comments will be most appreciated.