Despite pandemic, prices of polished diamond are on the rise.
This is good news for the Surat diamond industry.
Prices of polished gems have surged after a long gap of more than five years.
Surat diamantaires have voluntarily banned the import of rough diamonds for two months to clear their inventories.
Now about 70% of units have reopened post-lockdown while manufacturing capacity is below 60%.
Against increasing demand, traders are unable to supply due to shortage of goods in the market.