Polished diamonds of Surat shine amid COVID crisis
Updated:5 years, 3 months ago
Surat (Gujarat), Oct 15 (ANI): Despite pandemic, prices of polished diamond are on the rise. This is good news for the Surat diamond industry. Prices of polished gems have surged after a long gap of more than five years. Surat diamantaires have voluntarily banned the import of rough diamonds for two months to clear their inventories. Now about 70% of units have reopened post-lockdown while manufacturing capacity is below 60%. Against increasing demand, traders are unable to supply due to shortage of goods in the market.
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