Assembly Pkg. 40% of registered diamond units have closed down

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Thu, Jul 30, 2009
Diamond Market News
Post by Melissa Pistilli, Diamond Senior Reporter

The state government on Wednesday admitted that over 40 per cent of the registered diamond units in Gujarat have closed down due to recession. It declared that the diamond industry was facing a downslide and over 58 per cent of workers in these units have also lost their jobs in the last three years.

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