Surat: The diamond industry in Surat is witnessing a positive trend with a surge in exports in December. This has brought a sigh of relief to the industry players after a period of sluggishness.

According to data released by the Gem & Jewellery Export Promotion Council (GJEPC), polished diamond exports in December reached Rs. 6,569.70 crore, compared to Rs. 5,622.11 crore in November. Similarly, lab-grown diamond exports also saw a significant increase, rising from Rs. 530.86 crore in November to Rs. 670.77 crore in December.

Rough import of natural diamonds in November was Rs. 4,490.05 crore worth which increased to Rs. 7,115.30 crore in December. Rough import of labgrown diamonds was Rs. 380.79 crore in November which increased to Rs. 577.60 crore in December. Thin size diamonds are in demand in the new year and Valendine day season.

This growth is attributed to increased demand for both natural and lab-grown diamonds, driven by the holiday season and Valentine’s Day. The import of rough diamonds also increased in December, indicating a rise in manufacturing activity.

The recent uptick in diamond exports has instilled optimism in the industry. The industry is hopeful that the positive trend will continue in the coming months. DeshGujarat

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