Manoj Shinde

Stories by Manoj Shinde

Busted: The Surat-Shenzhen diamond racket

Busted: The Surat-Shenzhen diamond racket

Rediff.com   13 Jan 2010

In a well-planned operation, Chinese customs investigated the Rs 1000 crore-plus illegal diamond market being run by Indians, mostly Gujaratis. More than 50 people have come under the Customs net and according to sources in diamond market in Surat, some 33 merchants belongs to firms having headquarters in Surat and Mumbai.