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Diamond trade is roaring back thanks to stuck-at-home shoppers
Employees inspect and analyse rough diamonds at a Virani Gems facility in Surat, Gujarat. Diamond jewellery demand rose to a record $82 billion globally in 2017 after several years of stagnation, according to De Beers
(Photo: Bloomberg)Premium
Thomas Biesheuvel,
Yuliya Fedorinova
Surat diamond workshops are so desperate to boost production that the most-skilled cutters and polishers are being headhunted with offers of 50% pay hikes and perks like free food and housing
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The global diamond trade spent years in the doldrums, only to be crippled by the pandemic just as things started looking up. Now, at last, business is booming again. ....

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