Diamond trade News
Slowdown ahead for Indian diamond jewellery industry Domestic, overseas sales decline, sparking fears of a re-run of 2008 slump. The Indian diamond jewellery industry is facing a tough time, portending return of the 2009 slowdown. There has been a 10-15 per cent decline in the overall Diwali jewellery sales, coupled with a drop of nearly a fifth in orders from the US for Christmas and New Year. Anticipating a slowing in sales, the Diamond Trading Company
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