Monday, 18 February 2013

India beats Belgium in rough diamond import

Speculative buying and the rising China threat have shot up the import of rough diamonds from India. In fact, Indian diamantaires imported more roughs than Belgium in 2012.

Despite facing a difficult year, India imported nearly $15 billion worth of rough diamonds during the year, a 3.4% increase over the previous year.

Against this, Belgium's rough Diamond import stood at $12 billion, according to the statistics provided by the Gems and Jewellery Export Promotion Council (GJEPC). .

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