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Diamonds are believed to have been recognized and mined in India 1st, at the spots where considerably alluvial stone deposits could be found many centuries ago along the rivers Penner, Godavari and Krishna.

·       However, the diamond industry started when a local businessman in Surat had brought a boat full of diamond cutters from east Africa to commence the city’s diamond polishing industry in 1901. T

·       He diamond cutting and polishing industry started way back in the 1960s when some entrepreneurs belonging to the Patel community of Saurashtra started importing rough diamonds and exporting polished diamonds.

·       This industry grew gradually until the 1980s after which there was rapid growth.

·       Also the Patels from Saurashtra and the Jains from north Gujarat venturing together helped the diamond industry of Surat prosper.

·       The economic reforms in 1991 added to the enlargement of this industry.

·       Statistics of Surat Diamond Industry In 2005, Surat was reported to have cut 92% of the entire world’s diamond pieces and earned India $15 billion in exports.

·       India imports for polishing about $11 billion worth of rough diamonds annually, with 80% coming from diamond mining companies and the rest from Antwerp.

·       The city contributes to more than 80% of the Indian annual export amounting to Rs 70,000 crore.

·       Every nine out of ten diamonds you get to see in the stores in the big cities all over the world are cut and polished in India and seventy five you take care of the credit for the diamonds’ shine goes to the Surat Diamond industry.

·       Over 1.5 million people are engaged in the diamond jewellery industry of Surat and that they have made the city, the heart of the nation’s diamond polishing industry.

·       Diamonds account for 54% of the total gem and jewellery export basket of the industry and India is world’s leading exporter of Cut and Polished Diamonds.

·       Surat and many other cities and towns like Navsari, Amreli, and Bhavnagar are popular worldwide as big diamond manufacturing/processing centers whereas Mumbai serves as the diamond trading hub.

·       Future of Diamond Industry The industry surely had to face problems like lack of technical expertise in the manpower but with improving skills of the labourers, the Surat diamond jewellery industry is now getting orders of larger and the pricier stones.

·       Arrangements are being made by the state and Surat Diamond Association for training, research, marketing and recognizing new potentials for the diamond industry.

·       Also, the jewellery park of Surat is trying to bring down major diamond manufacturers of Surat under a single roof.

·      Most of the work has currently become computerized.

·      The number of diamond consumers are increasing day by day and so is that the demand.

·       There is an upcoming Jewellery Park for the Gem & Jewellery entrepreneurs which has all state-of-the-art facilities providing international level infrastructure of highest quality standards.

Diamantaires is the world’s biggest diamond cutting and polishing centre in Surat which has been giving sleepless nights to the diamond manufacturers in Israel and Antwerp. 

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