Antwerp’s diamond industry recovers from recession

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Mon, Mar 30, 2009
Diamond Market News
Post by Melissa Pistilli, Diamond Senior Reporter

With a whopping $43 billion of rough and cut diamonds passing through Antwerp, home to some 300 Indian families mainly hailing from Palanpur in Gujarat that are engaged in the trade, this Belgian city’s diamond market is dangerously overdrawn and recovering from the financial meltdown.

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