India's diamond industry, centered in Surat, is facing a month-long shutdown due to weak demand from the US and China. The prolonged closur...

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Cutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russi...

Surat, the main centre of India's diamond industry, offers employment to some 800,000 workers in its 4,000-odd cutting and polishing units....

‘Best on Campus’ award winner highlights slow shift towards hardware and deep tech startups.

The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students who...

In the financial year ended March 31, 2022, exports from Tirupur totalled ₹33,525 crore, compared with around ₹25,000 crore the year before...

As a result, in some cases, workers are being deployed for only three days a week. Rough diamond prices had started increasing from July on...

Diamond exporters were expecting them to return after the kharif sowing was over. Before Covid broke out, there were 600,000 workers in Sur...

“Women were steadily coming into diamond cutting and polishing over the last five years. But the flow has increased post-Covid as they want...

Diamond production, which had dwindled by 30% in the first half of May, has recovered and leading diamond exporters say that production is ...

Production has taken a hit at a time when the trade is witnessing strong demand from the US and Chinese markets, diamantaires said.

“The migrant workers are going to their hometowns to keep their families. They are taking 10 or 15-day breaks and they will definitely retu...

With polished diamond prices going up and demand reviving in China and the United States production is gradually returning to the pre-Covid...

Traditionally, workers in Surat get a fortnight to a month-long holiday for Diwali, said industry executives.

Nearly four lakh migrant workers in Surat and Mumbai left because of lockdown and are unlikely to return to work before Diwali. Orders that...