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Coronavirus impact: Surat diamond hub stares at Rs 8,000 crore loss

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Coronavirus impact: Surat diamond hub stares at Rs 8,000 crore loss Hong Kong has one of the world’s busiest airports and is a major transit point for China Current Affairs :The Surat precious stone industry is probably going to confront lost around Rs 8,000 crore in next two months as Hong Kong, which is a significant fare goal, has proclaimed a highly sensitive situation due to the coronavirus episode in China, state specialists. Hong Kong is a significant business center point for the Surat jewel industry, however schools and universities have been shut there till the main seven day stretch of March and even the organizations are seeing a dunk in perspective on the episode of the novel coronavirus. As indicated by Gems and Jewelry Export Promotion Council (GJEPC) local executive Dinesh Navadiya, cleaned precious stones worth around Rs 50,000 crore are sent out from Surat to Hong Kong consistently. “That is around 37 percent of the all out fares from here. Presently,...