Coronavirus: Business as Usual in Surat, Workers to get Hand Sanitizers and Masks

By John Jeffay / March 18, 2020 / www.idexonline.com / Article Link

(IDEX Online) - India's diamond bosses have voted unanimously to carry on working, despite fears over the Covid-19 pandemic.Stakeholders rejected proposals for a 15-day shutdown in Surat, the world's cutting and polishing capital, which employs 550,000 workers.Factory owners in Surat pledged instead to take precautions - hand sanitizers, face masks and regular screening of the diamond workers  -  according to a Times of India report.The city's once-flourishing diamond industry is currently running at just 40 per cent capacity, according to Dinesh Navadia, regional chairman of the Gems and Jewellery Export Promotion Council (GJEPC).Earlier this week figures revealed gross exports of rough and polished stones for February had slumped to $1.38bn, compared with $2.34bn in the same month last year.Diamond markets in Varachha and Mahidhapura will open daily from 11 am to 6 pm. Merchants are being advised to limit their visits as much as possible.

Recent News

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com

Silver supply shortage continues

December 01, 2025 / www.canadianminingreport.com

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok