Why is Surat's Diamond Industry Crashing?

Описание: Surat’s legendary diamond industry—once the heartbeat of global diamond polishing—is now in crisis. The diamond industry in India is witnessing mass layoffs as demand for natural diamonds collapses, tariffs rise, and lab grown diamonds surge ahead. International sanctions on Russian rough stones, recession in luxury markets, and a generational shift toward lab grown diamonds vs real diamonds have created a perfect storm.

Once famed as the surat diamond market where over 90% of the world’s diamonds were cut and polished, today it faces shrinking exports, falling margins, and shuttered workshops. Investors and workers alike are asking: Is this the end of Surat’s diamond empire?

This in-depth report explores:

Diamond industry in trouble: How tariffs, recession, and currency swings have cut profits.

Diamond industry of India in trouble: Impact on artisans, exporters, and diamond industry jobs.

Lab grown diamonds in India: Price trends, technology, and why millennials prefer them.

Surat diamond bourse & market size: From global rise to sudden decline.

Comparative analysis of lab grown diamonds price in India and natural stones.

Exclusive insights for those searching diamond industry explained, diamond industry documentary, or even diamond industry explained in Hindi.

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Disclaimer:
This content is for informational and editorial purposes only. Market conditions, statistics, and forecasts are subject to change. Readers should conduct independent research or consult industry professionals before making financial or business decisions.