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Dinesh Navadia

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Glitter of Hope for Surat's Diamond Business

Surat's diamond industry holdS on to its bargaining power over polished diamonds as production falls short of demand. IMAGE: A craftsman checks the colour of a diamond at a diamond processing unit......

Surat's textile hub weaves a revival story amid Covid-19

The nearly Rs 70,000 crore synthetic textile industry of Surat, which had come to a standstill during and in the immediate aftermath of the lockdown, is humming once again. Part I: Bumps galore,......

Glitter is missing from Surat's diamond industry

Though exports to Hong Kong, a major destination for India's polished diamonds, have resumed, the industry is currently sitting on an inventory worth around $2.3 billion. The diamond industry in......

Gem and jewellery sector fails to shine in H1

The industry alleges the government has been apathetic, despite their pleas for quick action. However, H2 may be different as The US-China trade war had opened a window for Indian exporters to ship......

How diamond industry stands to gain from GST cut

Blocked working capital worth Rs 1,500 crore, in the almost-defunct job work diamond polishing units, is expected to be released even as diamantaires will issue fresh orders to such units following......

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