Latest CVD News & Updates

Surat, Feb 4 (IANS) Surat’s diamond industry is set for a major revival after the United States reduced import tariffs on Indian goods from 50 per cent to 18 per cent, a decision expected to benefit lakhs of workers and boost India’s diamond and jewellery sector. The U.S. is India’s largest market for diamonds, accounting for nearly 30 per cent of total exports in the sector, valued at around USD 10 billion annually.Diamond exports alone contribute USD 7-8 billion. Last year, high tariffs …