Surat to Host 2nd Online Auction
Times of India reports Blue Star group will host a second online auction next month.
Times of India reports Blue Star group will host a second online auction next month.
Surat Rough Diamond Sourcing Limited (SRDS), a company set up to source rough diamonds for local manufacturers, has requested that Zimbabwe supply it with $100 million worth of Marange diamonds each month. “We request minister Mpofu and the government of Zimbabwe to facilitate the supply of rough diamonds, on a regular monthly basis, to the [...]
The fight for control of natural resources is heating up between the two fastest growing economies. In a secret deal with Zimbabwe, the Chinese military has secured permits to mine the Marange diamond fields. India, looking to control its supply of rough stones for Surat’s cutting and polishing sector is looking to aide African Nations with medicines, and infrastructure projects.
The festive cheer, the series of 'good news' reports and the stepped up buying all mean that the good times are probably back for the diamond industry.
Dealers are gearing up for the forthcoming Valentine Day celebrations. Though nowhere near as important as Christmas or even the change of a year, Valentine's Day holds the promise of driving up sales.
Post global slowdown scenario, Surat’s diamond industry is gaining momentum in demand from the domestic, international and emerging markets like China. For full story, click here
Even though Surat’s diamond industry has been struggling to recover from the blow it received following the recession, global diamond producers are on way to recovery. For full story, click here
Even though Surat’s diamond industry is still struggling to recover from the blow it received following the recession, global diamond producers are on way to recovery. For full story, click here
Surat diamond industry is on the revival path after it got hit by the recession. It has seen a raise in demand for diamonds and re-opening of some closed units. CP Vanani, President, Surat Diamond Association, stated: In the last one and half month, we have seen an increase in demands for diamond. For full [...]
Even though the world is harping on the revival of economies, Surat’s diamond sector is getting bad news one after other. For full story, click here
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