India’s struggling diamond industry could be hurt further due to coronavirus outbreak ...News

Russia Today - Economy
India’s struggling diamond industry could be hurt further due to coronavirus outbreak
source : Russia Today ( News ) () 109
Supplies of India’s cut and polished diamonds to its biggest export market Hong Kong have fallen 23 percent in the nine months to December from a year earlier to $5.4 billion. Data showed that the country’s total exports of gems and jewelry to Hong Kong were down nine percent to $7.4 billion in the period. According to India’s Gem & Jewelry Export Promotion Council, the outbreak of coronavirus is expected to decrease the overall exports of India’s diamonds. Also on rt.com Hong Kong imposes 14-day quarantine on travelers arriving from mainland China “Expo

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