Surat Diamond Industry

A Dubai-bound Indian passenger was apprehended by the Central Industrial Security Force (CISF) personnel at the Surat airport for allegedly concealing raw diamonds worth more than Rs 2 crore, officials said on Sunday.

The Surat Diamond Bourse will be officially inaugurated by Prime Minister Narendra Modi in November this year.

The 15-storey building is spread across 35 acres of land and has nine rectangular structures. They are all interconnected via a central spine.

The building will be officially inaugurated by Prime Minister Narendra Modi in November this year. It took four years to complete its construction.

India's diamond polishing hub Surat has lost its glamour in the wake of the ongoing Russia-Ukraine War which has affected the supply chain of rough diamonds.

Nearly 300 workers of diamond units in Gujarat's Surat city have tested positive for coronavirus in the last 10 days, following which fresh restrictions have been imposed on the industry's operations, an official said on Monday.

Hundreds of labourers held a protest outside the offices of the Diamond Bourse in Surat, alleging that they were made to work amid the countrywide lockdown over coronavirus.

According to Dinesh Navadiya, regional chairman of Gems and Jewellery Export Promotion Council (GJEPC), polished diamonds worth around Rs 50,000 crore are exported from Surat to Hong Kong every year.

As the commercial capital of Gujarat, Surat has always been high-maintenance for politicians. But in this election, when it is seen as reviewing its steadfast loyalty to the BJP, its political intensity has peaked.

In Surat, craftsmen usually spend 10-12 hours a day in small mills or grimy sheds cutting and polishing 80% of the world's diamonds.

More than 5,000 Surat polishers have lost their jobs since June and thousands more could be left without work, as Chinese consumers pull back from luxury purchases, leaving jewellers with stocks of unsold jewellery and gems. Polishers say Chinese jewellers have defaulted on deals worth millions of dollars.

A Dubai-bound Indian passenger was apprehended by the Central Industrial Security Force (CISF) personnel at the Surat airport for allegedly concealing raw diamonds worth more than Rs 2 crore, officials said on Sunday.

The Surat Diamond Bourse will be officially inaugurated by Prime Minister Narendra Modi in November this year.

The 15-storey building is spread across 35 acres of land and has nine rectangular structures. They are all interconnected via a central spine.

The building will be officially inaugurated by Prime Minister Narendra Modi in November this year. It took four years to complete its construction.

India's diamond polishing hub Surat has lost its glamour in the wake of the ongoing Russia-Ukraine War which has affected the supply chain of rough diamonds.

Nearly 300 workers of diamond units in Gujarat's Surat city have tested positive for coronavirus in the last 10 days, following which fresh restrictions have been imposed on the industry's operations, an official said on Monday.

Hundreds of labourers held a protest outside the offices of the Diamond Bourse in Surat, alleging that they were made to work amid the countrywide lockdown over coronavirus.

According to Dinesh Navadiya, regional chairman of Gems and Jewellery Export Promotion Council (GJEPC), polished diamonds worth around Rs 50,000 crore are exported from Surat to Hong Kong every year.

As the commercial capital of Gujarat, Surat has always been high-maintenance for politicians. But in this election, when it is seen as reviewing its steadfast loyalty to the BJP, its political intensity has peaked.

In Surat, craftsmen usually spend 10-12 hours a day in small mills or grimy sheds cutting and polishing 80% of the world's diamonds.

More than 5,000 Surat polishers have lost their jobs since June and thousands more could be left without work, as Chinese consumers pull back from luxury purchases, leaving jewellers with stocks of unsold jewellery and gems. Polishers say Chinese jewellers have defaulted on deals worth millions of dollars.