Diamond News
Jewellery sales to lose shine this year
In a major blow to Indian diamond jewellery manufacturers and retailers, demand for domestic jewellery is likely to decline 50 per cent in the next five months due to a short buying season this year. Unlike in past years, when the wedding season stretched from March to early June, it is expected to be concluded in a fortnight this year. A fourth of annual jewellery sales takes place during this season.
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