Diamond will step up upon market improvement

Even if the slow diamond Exim, India moves with confidence! Even if I did not suggest and express the view about the diamond exports of India and import trend, just look at the statement of mining player that said in the 1Q 2025 & released recently: “By commenting on the market condition, Gem Diamonds said in their 1H report, “In the report operational and cost management measures in response to market conditions: Considering the prolonged weakness in global diamond prices, compounded by a weak US dollar and ongoing US tariff uncertainties. Gem Diamonds has implemented decisive measures to conserve cash and protect shareholder value. While the Company has met its production targets, it has not been immune to the sustained pressure on rough diamond prices and adverse exchange rate movements.” Now, one can draw their own conclusion & outlook of the trend for 2Q FY 2025-26. India’s overall gross export of Cut & Polished ...