In the final one and a half years, the diamond trade has regained its luster amid the Corona epidemic. July noticed a 26 per cent enhance in diamond exports.
Surat: The excellent news for the town of Surat is coming from the diamond trade. In the final one and a half years, the diamond trade has regained its luster amid the Corona epidemic. July noticed a 26 per cent enhance in diamond exports. In explicit, exports of artificial diamonds elevated by 204 per cent, whereas exports of minimize and polished and diamond jewelery elevated by a mean of 60 per cent. According to a report launched by the Gem and Jewelery Export Promotion Council in July 2021, exports of minimize and polished diamonds elevated by 60.98 per cent to Rs 16,648 crore this month.
Which was 10 thousand 342 crore on this interval in 2019. Similarly, the export of artificial Labgron Diamond in July 2021 was 2728.73 crore as in comparison with 889.91 crore in July 2019. Which reveals a rise of Rs 204 crore. In the previous few years, 300 artificial diamond producers have been doing job work in Surat. About 50 per cent of the jewelery manufactured in Surat is exported to the western market, so now Surat can be changing into a pacesetter within the jewelery sector.
The diamond trade was the toughest hit by the Corona epidemic. As a consequence, hundreds of thousands of artisans turned unemployed. In the hope of reviving the diamond trade, new enthusiasm has been instilled in diamond artisans and industrialists. This is the hope of the diamond trade.