Indian diamond makers plan for export growth

There are no two ways about it.  Realisation per carat diamond processing has almost doubled in India in the past year, given the foreign orders that are coming in and encouraging festival demand percolating in from the country’s domestic market. Consumers are opting for higher value-added stones.

Anil D Shah, partner, Venus Jewel, Surat, confirmed the trend. “Technology is fast improving. Given the fact that India has a strong IT base, it is all the more relevant that better stones are available from India. We are one of the rapidly developing consumer markets today, and intelligent manufacturing and technical research will go a long way to avoid the challenges we face from time to time.”

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