Revenge consumption: Surat diamond units working overtime to meet US demand
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...
Source: indiatimes.com