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Surat Diamond Industry @ Jewel Info 4 U
By: Madhubanti Rudra
Surat Diamond Jewelry
Industry: The Leader in Making
Summary:
Are you a globe trotter at the
heart?
Does the dazzle of diamonds drive
you crazy?
Then you must add the name of Surat
to your global diamond itinerary.
The Surat diamonds will help you
explore the rich heritage of
traditional Indian gems and
jewelries and rediscover the magic
of unknown India beyond its
Ayurvedic spas, elephant safaris or
mysticism!
Here is a secret for making the most
fabulous deal on Indian diamonds;
give a miss to the lanes and
by-lanes of famous Mumbai 'Javeri
Bazar'---instead take a tour through
the Surat diamond shops to grab some
really exquisite pieces. In case you
are not sure about the whereabouts
of the place, let's inform you:
Surat, one of the major industrial
city in the state of Gujarat, is
tucked in the far west of the
subcontinent and is a great place to
indulge in the opulence of diamonds!
The art of diamond cutting and
polishing in Surat is regarded one
of the best in the world.
An introduction to the
flourishing diamond industry in
Surat
South Africa is precisely the
country that majority people would
associate with the diamond industry.
But business centers in the other
parts of the world are catching up
fast and steady. Surat is one of
them---this little known Indian
industrial hub is fast emerging as a
big player in the world diamond
arena.
Indian diamond companies of course
took the advantage of the cheap
labor; but it was not all. The other
factor that contributed to this
enormous success is the traditional
expertise. Like the orthodox Jewish
communities that helped earn Antwerp
its name in the world diamond
circuit, it is the close knit
religious community called the
Palanpuri Jains, who remain the main
author of Surat's success story in
the trade of diamond jewelries.
But how did it all begin? Let's take
a glimpse on its past, discuss the
present business trends and analyze
what are on the cards for this
emerging diamond hub?
Surat diamond industry: The past
 You can find the mention of the city
of Surat even in the Indian epics
and ancient scriptures. The British
and Portuguese influence turned the
city of Surat into an important port
city and a vital business hub.
In the turn of 20th century, the
city started its journey to become
the nerve center of the diamond
industry in the country. According
to the local lore the initial set up
was based on the expertise of the
East African diamond cutters who
were brought to the Indian shores in
the early years of the past century.
However, the real twist in the
success story of Surat actually came
in the 1970's when the Indian
diamond dealers started importing
low-quality gemstones, and exporting
them to the U.S. after turning them
into dazzling pieces with their
unmatched cutting and polishing
skills.
The past few years saw a steep
decline in the diamond processing
industry in Mumbai---the traditional
diamond hub in India and this acted
as the additional boon for the Surat
diamond industry. Surge in the
economic and infrastructural
degradation over the past few years
forced several Mumbai based small as
well as big diamond Houses to shift
their bases in the neighboring
Surat.
And all these have eventually
contributed to the making of present
Surat---the world's largest diamond
processing centre.
Surat diamond industry: The present
 Surat has left its mark of
excellence in all the three
departments of the business---
manufacturing, importing and the
export of processed diamonds.
So how big is it actually? Let's try
to find the answer from the
following statistics.
* The city contributes to more than
80% of the Indian annual export
amounting to Rs 70,000 crore.
* Every 9 out of 10 diamonds you get
to see in the plush stores in the
big cities all over the world is cut
and polished in India and 75 % of
all these diamonds owe their sheen
to the Surat Diamond industry.
* Over 1.5 million people are
engaged in the diamond jewelry
industry of Surat.
Surat diamond industry: What it
holds for the future?
Traditionally Surat diamond industry
dealt only with lower-quality
diamonds. But with the growth and
expansion in the market, the
character of the Surat diamond
industry has changed dramatically:
* Today, top quality, expensive
stones are cut in Surat that can
give a run for their money to those
cut in Antwerp, New York and Tel
Aviv.
* As opposed to the traditional,
family run small cutting and
polishing units, today's workshops
are larger and professionally
managed, keeping to international
industrial standards.
* Most of the companies are smart
enough to set up branches in the
cities like Antwerp and Tel Aviv, so
that the local workers can absorb
the tricks of the trade.
* With exposure to a highly
lucrative diamond market, both
abroad and back home, and with every
support from the Government,
Surat---as believed by the trade
analysts-is soon to replace the
Belgium's Hasidim as the global
leader in diamond industry.
* On a global scale, the Surat based
companies are coming up with
thousands of diamond retail stores
that are expected to herald a
worldwide cut in the diamond prices
for years to come.
What you can get in Surat?
The Surat diamond industry is mainly
based on imported rough uncut
diamonds, which earn their
distinguished sheen and shine in the
hands of expert cutters.
These brilliant diamonds are used
along with gold and other precious
and semi precious gemstones to craft
out exquisite jewelries that can be
the reason of envy for any gemstone
collector. Be it an engagement ring
or the bangle, a necklace or
earrings, the jewelry wardrobe of
any fashionable lady in the whole
world is never complete without the
Surat diamond jewelries.
And as said earlier, because of the
low production costs, you can get
them really cheaper than those you
will get in the countries like
Israel or Belgium.
Shop till you drop
If you are truly passionate about
diamonds, you can not do without a
Surat diamond piece--- a rare blend
of tradition and contemporary. So
head to Surat to grab some really
interesting piece for a surprisingly
low price and add more value to your
timeless collection.
There are a number of shopping
centers in Surat to shop exquisite
diamond jewelries. You can check
these government maintained shopping
emporiums:
* Shree Janki Shopping Complex
* Surendra Stores
* Kachchhi Store Patel Haresh
Jethabhai
* Binayak Departmental Store
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