Officials mentioned that there shall be no double checks on India’s export of reduce and polished diamonds because the nation makes use of diamonds coming by way of Antwerp and other geographies, and not instantly from Russia. G-7 will ban all imports of tough diamonds immediately from Russia from January 1. India is expected Auto News to guide the worldwide natural diamond demand in 2024 as a result of its robust financial position and changing demographics. The Natural Diamond Council has pegged the worldwide diamond market at $100.4 billion.
The 10% rise in the native gold worth through the 12 months also weighed on gold jewellery consumption. Goyal said huge investments are being made to create a world-class infrastructure, including the 20-acre India Jewellery Park in Navi Mumbai and a typical facility centre in SEEPZ Mumbai with modern machinery and gear. The infrastructure impetus can empower micro, small and medium …


