New York's role in the legitimate gem industry is obvious.
RAJASTHAN The latest jewel of India takes inspiration from Jaipur's gem industry.
MITHU SINGH, from the district of Rajsamand in Rajasthan, used to polish diamonds in Surat, the centre of India's gem industry, which processes 90% of the world's diamonds.
Gem industry expert James Riley said most businesses storing items would be insured but individuals may not.
James Riley, who represents Britain's gem industry, told the BBC's Elizabeth Glinka that it was a "highly organised and very cleverly masterminded crime".
GemConnect.com, a company run by a collection of dot-commers from places like Ebay, as well as experts from the gem industry, hooks up global buyers and sellers of diamonds, gemstones and jewelry.
Intergem's marketing of guaranteed untreated Yogos set them against many in the gem industry.
The local gem industry was reportedly generating annual revenues of by the mid-1990s.
From the late 1980s, a synthetic gem industry was developed in the city; the gemstones are cut and polished in Tiruchirappalli district and in Pudukottai district.
Its restrictions cover: dealings with the Burmese timber, mining and gems industries; visas for members of the army and of the junta; a freeze on the assets of hundreds of individuals and firms; and the suspension of all but humanitarian aid.
Sanctions on the timber and gems industries — notorious for links to the military — are unlikely to be eased, but investments in financial sectors that, for example, introduce credit cards to one of the few places on earth that does not have them could spur broader economic reforms and development, the officials said.
