Surat (Gujarat) [India], February 5 (ANI/PNN): The Natural and Synthetic Diamond Manufacturing Segment, Machinery Manufacturing Segment and Diamond Jewellery Manufacturing Segment will be integrated on a single platform.
The Southern Gujarat Chamber of Commerce and Industry has organized a grand 'Sparkle-21 Gems and Jewellery Exhibition' at Surat International Exhibition and Convention Center, Sarsana from February 20 to 21. The Chamber has been holding exhibitions on a B-to-B basis for the past three years and the same format and approach will be continued this year too.
Chamber President Dinesh Navadiya said that the Union Budget presented by Finance Minister Nirmala Sitharaman yesterday announced an increase in customs duty on imports of finished synthetic diamonds. This will greatly benefit the synthetic diamond manufacturers in Surat. On the other hand, customs duty on gold and silver imports has been reduced. This will bring relief to the jewellery manufacturers and will greatly benefit the jewellery industry in India in the domestic market. At the same time, the demand for jewellery will also rise.