HRD ANTWERP
PRESS RELEASE
MEDIA STATEMENT

Belgian Prime Minister Bart De Wever opens expanded HRD Antwerp laboratory in Mumbai

Mumbai / Antwerp — 4 September 2026

In the presence of Belgian Prime Minister Bart De Wever, HRD Antwerp, Europe's leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), today officially opened its renovated and significantly expanded laboratory in the Bandra Kurla Complex (BKC) in Mumbai, India. Thanks to the expansion, HRD Antwerp is increasing its research capacity in Mumbai by 30%. The official opening, which takes place as part of a two-day visit by Prime Minister Bart De Wever to India, marks an important next step in the growth of HRD Antwerp in India, one of the world's leading centres for the trade and cutting of natural diamonds.

For HRD Antwerp, a grading report is not an administrative document but a guarantee of trust, transparency and authenticity. As an independent, neutral party between science, industry and consumer, HRD Antwerp is a worldwide guarantor of objective and reliable diamond and jewellery grading, a principle the organisation has upheld since its founding. HRD Antwerp was established in 1973 and has been active in India since 2012. Today it serves around 1,500 clients there, including jewellery manufacturers and retailers, as well as companies that produce and trade cut diamonds.

59%
of group revenue
from India
2,000
diamonds gradable
per day in Mumbai
+40
new full-time
employees

The Indian branch now accounts for 59% of HRD Antwerp's total group revenue and is expected to grow by 15.4% this year, compared with a projected growth of 12.6% for the group as a whole. Jewellery grading is an important growth driver in this respect: as much as 47% of HRD Antwerp's total revenue increase comes from that segment.

"As the authority in grading reports for natural diamonds and diamond jewellery, and in research into natural diamonds, we are already firmly established in India today. India remains the world's most important centre for diamond cutting. For a diamond laboratory such as HRD Antwerp, which provides cut natural diamonds with an independent and objective grading report, it is therefore essential to keep investing in this market."

Paul De Wachter, CEO of HRD Antwerp

Thanks to the expansion, HRD Antwerp in Mumbai can now examine and grade up to 2,000 diamonds per day, a capacity increase of 30%. To support this additional capacity, HRD Antwerp is recruiting 40 additional employees to work full time. The investment underlines HRD Antwerp's confidence in the Indian market and strengthens the longstanding cooperation between Belgium and India within the international diamond and jewellery sector.

During the opening, Prime Minister Bart De Wever was given a tour of the renovated office. He was shown the diamond grading process and was able to examine a diamond up close himself using a microscope. The demonstration was provided by HRD Antwerp's Indian experts.

Alongside the Prime Minister, also present were Paul De Wachter, CEO of HRD Antwerp, Ramakant Mitkar, Managing Director of HRD Antwerp India, Chirag Shah, Vice Chairman of AWDC, Didier Vanderhasselt, Belgian Ambassador to India, and Frank Geerkens, Consul General of Belgium in Mumbai.

STATEMENTS

"The visit of our Prime Minister underlines the importance of cooperation between Belgium and India within the global diamond sector. India and Antwerp together form two indispensable links in the international diamond chain. With this expansion, we are investing not only in additional capacity, but above all in the future of our cooperation with the Indian diamond and jewellery sector."

Paul De Wachter, CEO of HRD Antwerp

"India's rapid growth is creating strong demand for reliable, highly precise grading. That is why we at HRD Antwerp are continuing our growth path undiminished and expanding our capacity in Mumbai to meet the sharply rising domestic and international demand. Thanks to our established regional presence in Surat, Jaipur, Kolkata, New Delhi, Hyderabad and the Mega CFC of SEEPZ, every location draws on more than fifty years of gemological expertise at HRD Antwerp, so that we can guarantee full transparency in the most important trading centres."

Ramakant Mitkar, Managing Director of HRD Antwerp India

GUESTBOOK ENTRY

"Sicut adamas fulget, ita fiducia inter gentes monet.
As a diamond shines, so trust endures between nations."

Bart De Wever, Prime Minister of Belgium

ABOUT HRD ANTWERP

HRD Antwerp is Europe's leading authority in diamond and jewellery grading and education. Since its founding in 1973 in Antwerp, for more than 575 years the beating heart of the global diamond trade, HRD Antwerp combines scientific expertise with independence and integrity to support trust and transparency worldwide. In addition to the grading of natural diamonds and jewellery, HRD Antwerp also offers international training programmes, which have also been available in India since January 2026. HRD Antwerp is a subsidiary of the Antwerp World Diamond Centre (AWDC) and operates from Antwerp, with laboratories across India, Dubai and the rest of Europe.