Search result for 'diamond prices'

China's diamond market shows signs of recovery, boosting optimism for India's diamond industry. GJEPC officials see potential for reshaping the diamond manufacturing landscape.

India's gems and jewellery exports fell by 23.49% in February, mainly due to weak demand in the US and China, according to the Gem and Jewellery Export Promotion Council (GJEPC).

Indian cut and polished diamond (CPD) exports are expected to decline by 18-19% in FY25 due to weak demand in key markets like the US and China, according to a report by Icra.

India's diamond polishing industry is expected to see a significant revenue decline in FY25 due to weak demand, falling prices, and rising popularity of lab-grown diamonds.

India's diamond industry faces severe crisis with factory closures, job losses, and rising competition from lab-grown diamonds. GTRI highlights challenges and suggests solutions.