Diamond Polishing Sector Set to Hit Decade Low with 25-27% Sales Dip: CRISIL Report
India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report
The Glitter Fades: Indian Lab-Grown Diamonds Struggle Amid Global Oversupply
In the realm of gemstones, Indian lab-grown diamonds (LGDs) are experiencing a tumultuous period, marked by a staggering 45% drop in prices during FY24
Banks Increase Credit To The Gem & Jewellery Sector By 15% To INR 627 billion In Mar'21 From INR 546 billion July'20
The gem and jewellery exports have taken a severe hit due to pandemic in 2020-21, but what the industry has achieved during this period is commendable which would help it further its growth in the long term
Panel Discussions on Buyer Seller relationships and Young Jewellery Professionals at GJEPC's Spectrum Seminars at IIJS 2019 draw a full house
In the lively panel discussion moderated by the well-known watch & jewellery consultant Anil Prabhakar, leading jewelers & manufacturers such as Anmol jewelers, Tanishq, Manoharlal Jewelers, Venus jewel & Metal Art creations participated
Sale at Classic Diamonds dips by 28%
Sale of diamonds drops by 40%
Large size diamonds in demand
Small goods weak but in oversupply
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