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Tag: Diamond

India’s export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra

Posted on September 26, 2023 By admin
India’s export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra

Representational file image. | Photo Credit: Vijay Soneji India’s export of cut and polished diamonds is projected to decline by 22% to $17.2 billion in the current fiscal due to weakened demand from the key consuming nations, according to rating agency Icra. In the first five months of the current fiscal, cut and polished diamond…

Read More “India’s export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra” »

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Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support

Posted on February 1, 2023 By admin
Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support

A worker in one of the oldest and largest diamond polishing units of Surat checking its dazzle. File image for representation | Photo Credit: Vijay Soneji To harness the potential of Lab Grown Diamond (LGD) or synthetic diamond segment, the Union Budget 2023-24 presented by the Finance Minister Nirmala Sitharaman has laid emphasis on research…

Read More “Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support” »

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