Indian Diamond Industry Supports Government Decision In Latest Lockdown Industry reacts in different ways to the forced lockdown of Bharat Diamond Bourse owing to the uncontrolled rise in Covid cases in Mumbai By: Diamond World News Service
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As per the latest notice issued by the government of Maharashtra on April 4, 2021 due to rapid spread of Covid19 the government announced lockdown across the State. This came into effect from April 5, 2021. Bharat Diamond Bourse was asked to remain closed till further notice.Members were requested to take out their important documents and valuables on April 5 itself.
This move comes at a time when export orders are flooding G & J business in India. According to Mehul Shah, Vice President, BDB: “Diamond is an export-based industry, only manufacturin
BDB Forced to Lockdown Till Further Notice Bharat Diamond Bourse will remain closed till further notice By: Diamond World News Service
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| Reference: 25492
As per the latest notice issued by the government of Maharashtra dated April 4, 2021, due to rapid spread of Covid19 the government has announced lockdown across the State. This has come into effect from April 5, 2021. Bharat Diamond Bourse will remain closed till further notice. Members were requested to take out their important documents and valuables on April 5 itself.
Informed Dinesh Lakhani, Kiran gems Pvt Ltd, “BDB representatives are meeting government officials in order to understand the details of the lockdown. They are also requesting if some members, who have active exports to be completed within a stipulated time can work with minimum st
India s gem and jewellery industry would like to put 2020 behind it as soon as possible. After being badly hit in the first half, the sector that reports a turnover of about $80 billion, nearly half of which comes from exports, and employs over 5 million, saw some of the sparkle returning over the past few months. On the cusp of a new year, it exudes a definite positivity.
Colin Shah, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the export sector says, Considering the encouraging market demand and the current rate of growth, the sector is expected to record exports at pre-Covid levels over the coming year.