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SURAT DIAMOND EXPORTERS
Gems, jewellery exporters rush to beat new US tariff deadlineMumbai and Surat’s gems and jewellery exporters are stepping up production and rushing shipments to the US ahead of a potential new tariff ...- Indian Railways eyes cheaper green hydrogen to expand train operationsIndian Railways seeks to expand green hydrogen suppliers and reduce procurement costs. Hydrogen trains have already completed over 2,500 ki...
- India’s new 15-year tax break could unlock global rough diamond tradeIndia is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This me...
- LinkedIn names Visakhapatnam, Ludhiana, Surat among top emerging job hubs in IndiaNon-metro cities in the country are witnessing the strongest jobs momentum, as per ‘Cities on the Rise’ list released by professional netwo...
- India flags off first jewellery export consignment to the UK under landmark India–UK CETAThe inaugural shipment comprises $10 million worth of gold jewellery, diamond jewellery, silver jewellery and platinum jewellery, exported ...
- India's first UK jewellery export consignment under FTA: $10 million shipped, zero-duty access boosts industryIndia's gems and jewellery sector began its first export to the United Kingdom. This inaugural shipment valued at ten million dollars marks...
- Thousands of Surat workers are caught in Russia-West crossfireRussia-Ukraine war has impacted the diamond industry in Surat, Gujarat, leading to job losses and factory closures. Western sanctions on Ru...
- India to become third largest economy in my third term, guarantees PM ModiPrime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world's largest office complex, stating that India will be among the...
- Surat Diamond Bourse: 4500 offices, 70 lakh sq ft area, 130 elevators, 22 km passage...inside the world's largest office buildingToday, Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world's largest center for global diamond and jewelry trade. ...
- Ukraine impact: About 250,000 workers in Surat's diamond units sent on leave, job losses loomThe US Treasury had slapped sanctions on Alrosa on April 8, potentially cutting off about 30% of the world's supply of rough diamonds.
- Diamond traders fear job losses even as Russia Co assures supplyThe diamond industry in Surat employs nearly 800,000 people and is said to have processed 14 out every 15 diamonds available in the world.
- Surat: Sharp increase in rough diamond prices is impacting workersAs a result, in some cases, workers are being deployed for only three days a week. Rough diamond prices had started increasing from July on...
- Surging Covid-19 cases a cause for concern for Surat’s diamond workersThe industry fears another lockdown would impact production and about 20 million migrants who had returned to the diamond hub after restric...
- Why Mumbai diamond traders are shifting base to SuratThe trend gathered momentum from January when 65% -70% of diamond imports in value terms took place in Surat. In January, India imported ro...
- Revenge consumption: Surat diamond units working overtime to meet US demandThe 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. ...
- Surat to have India's first diamond SEZ soon: Saurabh PatelAfter courting success with an array of special economic zones, Gujarat is now proposing to set up an only-for-exports hub for diamonds at ...
- Diamonds lose their lustre, forcing layoffs in IndiaIndia's diamond biz shed 50% labour force as export dry with crisis crippling demand.
- Workers of Diamond industry in Surat demand rise in wagesHundreds of workers engaged in cutting and polishing of diamonds in Surat took to streets and pelted stones on diamond factories as their w...
- Surat, city of diamonds finds rose exports profitable for Valentine's DayRed roses are already on their way to Europe, and will be gifted to blushing Valentines in Germany, Italy and the UK. Love and bank balance...
- High gold prices hit diamond tradeThe massive rise in the price of gold globally this year has hit the diamond trade, especially in Surat, where nine of the world’s 11 diamo...
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