GJ Town India

  Yet, GJEPC endeavour to chase the big export target!     The overall gross export of Cut & Polished diamonds at US$ 1362.67 million (Rs. 11860.71 crores) in month of February 2025 is showing a decline of 20.2%(-16.260% in Rs. Term) as compared to US$ 1707.62 million (Rs. 14164.1 crores) for the same period of previous year.   The overall gross Imports of Cut & Polished diamonds at US$ 120.03 million ( Rs. 1044.59 crores) in month of February 2025 is showing a decline of 7.97% (-3.47% in Rs. term) as compared to US$ 130.43 million (Rs. 1082.17 crores) for the same period of previous year. The overall gross Imports of Cut & Polished diamonds in DTA at US$ 17.82 million (Rs. 155.1 crores) is showing a Growth of -56.78(-54.66% Rs. term) as compared to US$ 41.23(Rs 342.1 crores) for the same period of February 2025.   The overall gross Imports of Cut & Polished diamonds in SEZ at US$ 102.21 million (Rs. 889.49 crores) is showing a Grow...

Alfa-Bank analyst estimates potential for diamond price!   The potential for diamond price increase is 30-40% in the next two-three years, according to Alfa Bank's forecast. India's average diamond imports over 10 years amounted to $15 billion, and in 2024 they totaled $12 billion, while this year diamond prices fell to $125 per carat, according to Tolstykh's presentation! "Alfa Bank experts say that the potential for diamond price growth can be 30-40% over a two-to three-year horizon," Yulia Tolstykh, an analyst in Alfa Bank's metallurgy and mining sector, said at an Alrosa press breakfast.    India's average diamond imports over 10 years amounted to $15 billion, and in 2024 they totaled $12 billion, while this year diamond prices fell to $125 per carat, according to Tolstykh's presentation.  It is also noted that diamond reserves formed on speculative demand in 2020-2022, as well as the abnormal growth of lending rates for the cutting sector of ...