India's diamond polishing hub Surat has lost its glamour in the wake of the ongoing Russia-Ukraine War which has affected the supply chain of rough diamonds. Speaking to ANI, Dinesh Navadia, Regional Chairman, Gems and Jewellery Export Promotion Council said, "Surat's diamond industry witnesses an impact amid the Russia-Ukraine conflict. Every month raw material of around 1.75 lakh carat was imported into Surat via Russia. No raw material availability now. Over 30 to 35 per cent of rough diamonds imported from Alrosa directly come to the Indian market at Surat and Mumbai for cutting and polishing."
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