LGDs To Account For Up To 12% Of Polished Diamond Exports Soon: Icra
The report says that Indian lab-grown diamond exports have grown six-fold from USD 225 million in FY2019 to USD 1,207 million in FY2025
The report says that Indian lab-grown diamond exports have grown six-fold from USD 225 million in FY2019 to USD 1,207 million in FY2025
Indian cut and polished diamonds (CPD) exports to further decline by 7 to 10 per cent on-year in the current fiscal year
India’s diamond industry faces a big setback as the country’s cut and polished diamond (CPD) exports are projected to decrease by 25-30 per cent in the current fiscal year. A report from Care Ratings highlighted that this decline is expected to lead to a multi-year low in export earnings, with estimates ranging between USD 15-16 […]