Gujarat Diamond Industry Hit by Bomb Explosions
The recent serial bomb explosions in Gujarat have begun to tell upon the fate of the business and trade throughout the state. The worst effected is the diamond industry which has registered a sharp decline in the number of foreign buyers who visit different cities of the state to buy polished and raw diamonds.
Pawan Kumar is a Belgium based dealer of polished diamonds and he owns a brokerage firm in Aura NV in Antwerp. He is so apprehensive of the existing situation in Gujarat that he is giving a second thought to his proposed visit plan to here.
According to him it is high time for business before the Christmas season starts. But the current situation in Gujarat is very scary and he cannot risk his life. So he would postpone his business trip for now and visit Gujarat after August 15.
Sanjay Kothari, Chairman, Gems and Jewelry Export Promotion Council has admitted the sharp fall in the diamond trade in Gujarat. He confirmed that in the wake of the serial bomb blasts in Surat and Ahmedabad a good number of foreign buyers have postponed their business trips.











