The Diamond City Of Surat

Binu Alex's third report in CommodityOnline on Gujarat’s diamond city of Surat @ http://www.commodityonline.com/news/Will-Indian-diamond-business-outshine-recession-12820-3-1.html was interesting. At the moment I don't think the Indian diamond business is recession-proof. The attitude and approach of consumers and retailers are key factors, which is hard to predict. The whole world is caught up in negative news. If the diamond consumers and retailers do well in North America, Europe, the Middle East, then it's good news for the Indian diamond business.