Navratna Gallery, a first of its kind auction house dealing in all categories ofgemsand jewellery, started its operation in the city.
Interestingly, the gallerys first pre-auction exhibition of lab-grown diamonds was held in the city which is globally known as the natural diamond capital.
The gallery is an initiative of the Gems and Jewellery Export Promotion Council (GJEPC) and was inaugurated by its chairman Colin Shah. The auction house is spread across 2,700 sq ft area and considering the high-value products on display, it is insured for Rs 30 crore.
The auction house will provide a common platform for multiple sellers and buyers.