Gujarat: No effect of COVID-19 on Surat’s precious stone industry

Gujarat: No effect of COVID-19 on Surat’s precious stone industry

Larger part of laborers have moved here from Saurashtra and north Gujarat, while just 10% are from Uttar Pradesh, Madhya Pradesh and Bihar, said Nanu Vekaria, president, Surat Diamond Association.

According to the Surat Diamond Association, at least 5 lakh workers are employed by 3,000 small and large diamond cutting and polishing units in Surat city.

Indeed, even as a few traveler laborers have left Gujarat’s Surat city because of the COVID-19 surge and expectation of a lockdown, individuals related with the diamond industry guaranteed the current situation no affects the exchange up until this point. As indicated by the Surat Diamond Association, at any rate 5 lakh laborers are utilized by 3,000 little and enormous diamond cutting and cleaning units around there.

Greater part of laborers have relocated here from Saurashtra and north Gujarat, while just 10% are from Uttar Pradesh, Madhya Pradesh and Bihar, said Nanu Vekaria, president, Surat Diamond Association.

Of these 5 lakh laborers, barely five percent had as of left for the places where they grew up in and outside Gujarat, he said.

“While some went back to attend weddings and other social gatherings, others left out of fear. Some even left for their hometowns to care for their ailing parents and relatives,” Vekaria said.

“Majority of the diamond polishing units are operational at present. A marginal number of workers have left, but they will return once the situation improves. So far, the diamond industry remains largely unaffected because of coronavirus,” he said.

The total turnover of Surat’s precious stone industry is Rs 1,45,000 crore, said Dinesh Navadiya, provincial administrator of the Gems and Jewelry Export Promotion Council (GJEPC).

Navadiya too agreed that the business stays unaffected, as not many laborers have left the city notwithstanding a sharp ascent in the Covid cases in the new days.

“The individuals who are leaving will return when the circumstance gets ordinary. In any case, the number is less. Practically all units are working as of now. Up until this point, there is by all accounts no significant effect on the jewel exchange due to Covid,” he said.

Gujarat on Thursday recorded the most elevated single-day spike of 8,152 COVID-19 cases and 81 setbacks that took the count of diseases to 3,75,768 and cost to 5,076.

Article Courtesy- EconomicTimes

Share

Written by:

37 Posts

View All Posts
Follow Me :

Leave a Reply

Your email address will not be published. Required fields are marked *