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The overall gross exports of cut and polished diamonds between April and August of FY24 was $ 7028.31 million - a decline of 30.27% from $10079.94 million in the year-ago period. The import of rough diamonds has also dipped to $6428.13 million during the period from $7865.40 million during the same period of the previous financial year.
The overall gross exports of cut and polished diamonds between April and August of FY24 was $ 7028.31 million - a decline of 30.27% from $10079.94 million in the year-ago period. The import of rough diamonds has also dipped to $6428.13 million during the period from $7865.40 million during the same period of the previous financial year.
Revenge consumption: Surat diamond units working overtime to meet US demand SECTIONS Share Synopsis The exporters said that demand for the Chinese New Year is expected to come in shortly. The Chinese New Year in 2021 falls on February 12. This year, the diamond sales were affected during the New Year in China due to the outbreak of coronavirus. Agencies There are 5,000 diamond cutting and polishing units in Surat. Revenge consumption of diamonds from the US is driving manufacturing units in Surat to work overtime to meet the demand. There has been a shortage of rough diamonds as the diamond m...