Category Archives: Diamond News

Indian Diamond Industry hit hard by Covid 19 Lockdown

The ongoing lockdown in India due to the coronavirus pandemic has completely halted the diamond and jewellery industry. The lockdown has caused exodus of migrant workers to their home villages, leaving the cities of Mumbai, Delhi and Surat which are well known for the manufacturing of jewellery and also for diamond processing. The owners of […]

Polished Diamonds Imports Down by 21% in Japan

Polished diamond imports in Japan fell by 21% in March 2009 ,when compared to the same period last year. Japanese people choose to spend less on luxury items due to the ongoing recession. The Japanese auto and computer/ electronics industry have taken a big hit due to decreased consumer spending in Europe and the US. […]

Diamond Exporters From India Are Eager To Increase Exports To Middle East

Due to the Global recession exports of diamonds to USA from India has dropped by over 30%. Indian diamond exporters are now looking for alternative markets. The Middle East looks promising .Since the onset of 2009, they are the leading importers of polished diamonds from India. According to Pravin Nanavati, ex president of the Surat […]