Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Surat Gradually Reopens After Third Lockdown

August 04, 20 by John Jeffay

(IDEX Online) - India's diamond polishing capital is slowly re-opening after a third lockdown, despite more than 1,700 workers testing positive for COVID-19.

City authorities in Surat (pictured) have relaxed some earlier restrictions. From 1 August they have been allowing diamond markets to open six hours a day instead of four, and allowing two workers per polishing mill rather than one, providing they test negative for the virus, at the owner's expense.

Meanwhile rough imports are drastically down, as the industry adopts a voluntary ban and attempts to sell off excess inventory reckoned to be worth $2bn.

Imports for May 2020 were approximately $81m, down from $890m in June 2019.

Increasing numbers of migrant workers from Surat have been returning to their Gujurat villages because there is no work for them and the rise in coronavirus cases shows no signs of slowing.

Diamond Index
Related Articles

Coronavirus: Surat Markets to Re-open but Merchants Must Promise to Behave

July 09, 20 by John Jeffay

Read More...

Diamond Workers Desert Surat for their Villages

July 14, 20 by John Jeffay

Read More...

Surat Remains Closed as COVID-19 Cases Surge

July 15, 20 by John Jeffay

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter