Diamond Industry
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Surat’s Diamond-Inspired Bullet Train Station Nears Completion
Surat’s bullet train station, its structure shaped by the city’s diamond trade, has finished roofing work as India’s first high-speed line targets 2027.
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Surat’s Diamond Trade Got US Tariff Relief, Then Lost It Again
Surat’s diamond exporters cheered a February tariff cut, but a new US duty that took effect in July has erased much of that relief.
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Surat Diamond Industry: Challenges After US Tariff Hike
The recent increase in US tariffs on certain imported diamonds has sent ripples through the Surat diamond industry, a cornerstone of Gujarat’s economy. As the world’s largest diamond polishing and…
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US Tariff Hike Causes 100,000 Job Losses in Gujarat’s Diamond Sector
The diamond cutting and polishing industry in Gujarat’s Saurashtra region is in crisis. A steep increase in tariffs imposed by the United States has led to the loss of nearly…
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Tariff Crisis Hits Surat’s Diamond Export Industry Hard
Surat’s diamond industry is facing a significant crisis after the US announced a new 25% tariff on imports from India. This news comes just months before the critical Christmas season,…
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Surat Diamond Industry Faces Turmoil Due to USA Tariff
The diamond industry in Surat is facing a serious crisis. Recently, the USA imposed a 25% tariff on diamonds. This news has created a wave of concern among diamond traders…
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Diamond Merchant Arrested for Theft in Palanpur
On April 18, 2024, Palanpur police arrested Vishal Kanubhai Patel, a diamond merchant from Masar village in Vadodara’s Padra taluka, for stealing diamonds worth ₹1.85 lakh from a diamond factory…
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GIA’s Decision on Lab-Grown Diamonds Raises Concerns in the Industry
The Gemological Institute of America (GIA) has made a significant announcement regarding the grading of lab-grown diamonds. Unlike natural diamonds, which are graded according to the established “Four Cs”—cut, colour,…
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Gujarat Government Announces Economic Package for Unemployed Gem Artists
The Gujarat government has finally announced an economic package aimed at helping unemployed gem artists. This announcement comes as the diamond industry faces a severe recession, particularly in the Banaskantha…
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Gujarat Government Offers Financial Relief to Diamond Industry Artists
The Gujarat government has introduced a special assistance package for diamond artists and micro units affected by tough international market conditions. This decision comes under the guidance of Chief Minister…
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118 Diamond Workers Hospitalised After Suspected Water Poisoning in Surat Factory
On 9 April 2025, a significant health emergency unfolded at Anabh Gems, a diamond-cutting and polishing unit located in Surat’s Kapodra industrial area. A total of 118 workers were hospitalized…