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India Diamond Exports: Diamond industry plans to cut bank financing by a third, ET Retail

India Diamond Exports: India s diamond industry plans to reduce its bank financing requirements by a third, targeting $4 billion for the current fiscal year, down from $6 billion in FY23. This comes amid a slowdown in global demand. Traders are focusing on clearing existing inventory rather than accumulating more, which would necessitate additional borrowing. ....

Bhargava Vaidya , Vipul Shah , Kirit Bhansali , Gem Jewellery Export Promotion Council , Nirav Modi , Jewellery Export Promotion Council , Basel Regulation , India Diamond Exports , India Diamond Houses , Gem Amp Jewellery Export Promotion Council , India Diamond Financing , India Diamond Trade ,

Diamond industry plans to cut bank financing by a third

India s diamond industry plans to reduce its bank financing requirements by a third, targeting $4 billion for the current fiscal year, down from $6 billion in FY23. This comes amid a slowdown in global demand. Traders are focusing on clearing existing inventory rather than accumulating more, which would necessitate additional borrowing. ....

Vipul Shah , Kirit Bhansali , Bhargava Vaidya , Gem Jewellery Export Promotion Council , Nirav Modi , Jewellery Export Promotion Council , Basel Regulation , India Diamond Houses , Gem Amp Jewellery Export Promotion Council , India Diamond Financing , India Diamond Exports , India Diamond Trade ,

icra: Exports of cut and polished diamonds estimated to decline by 22% in FY2024: ICRA

While the festive season may spur demand in some way in the upcoming months, exports are still expected to contract by 10% year-on-year presenting a grim outlook. ....

Sakshi Suneja , Vice President , Sector Head , India Diamond Exports , Cut And Polished , Sakshi Juneja , Diamond Index ,

Diamond exports grow 26.98% during Apr-Sept '21

Diamond exports grow 26.98% during Apr-Sept '21
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