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RAMESH ZILARIYA
Lights still out in many diamond units as exports dimIn places like Saurashtra, Bhavnagar and Amreli in Gujarat that house small diamond processing units, nearly 50% of the facilities are stil...- Diamantaires cut working hours on lacklustre salesSurat's diamond-cutting units have reduced work hours and increased weekly holidays due to low overseas demand, especially from China. This...
- Four lakh workers face salary delays as lab diamond prices fallNearly four lakh workers in Surat's LGD industry face wage delays and job uncertainties due to falling prices of lab-grown diamonds, impact...
- Lab-grown diamonds come to the rescue of 2.5 lakh workers in SuratExports of lab-grown diamonds have increased by 108.27 per cent in FY22 as compared to FY21. The diamond trade has also urged the commerce ...
- 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.
- Fresh sanctions on Russia cut Gujarat diamond workers, tooWorking hours have been reduced to eight hours from 12 and units have declared two days off weekly, which is having a bearing on the wages ...
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