India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council). It bought $818m in 2022-23, compared to $855.83 in 2021-22, an increase of just under eight per cent. India relies heavily on Russian imports, especially […]

The post India Importing More Diamonds than Before Ukraine War appeared first on The Jewelry Magazine.