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History of Diamond Industry
The name ÷
÷ is derived from the ancient Greek 

÷
), Diamonds are
thought to have been first recognized and mined in India, where significant alluvial deposits
of the stone could be found many centuries ago along the rivers Penner, Krishna and
Godavari. Diamonds have been known in India for at least 3,000 years but most likely 6,000
years. Diamonds have been treasured as gemstones since their use as religious icons in
ancient India. Their usage in engraving tools also dates to early human history.[5][6] The
popularity of diamonds has risen since the 19th century because of increased supply,
improved cutting and polishing techniques, growth in the world economy, and innovative and
successful advertising campaigns.

Now a day diamond is a very luxuries item. A very large business of diamond cutting and
polishing. A billions of turnover of diamond is take place in a year. India is largest country of
cutting and polishing of diamond. India has always been center stage in the dramatic history
of some of the world¶s most famous mesmerizing diamonds. India has been the earliest
known source of diamond.c Here is a secret for making the most fabulous deal on Indian
diamonds, give a miss to the lanes and by-lanes of famous Mumbai 'Javeri Bazar'---instead
take a tour through the Surat diamond shops to grab some really exquisite pieces. In case you
are not sure about the whereabouts of the place, Surat, one of the major industrial city in the
state of Gujarat, is tucked in the far west of the subcontinent and is a great place to indulge in
the opulence of diamonds! The art of diamond cutting and polishing in Surat is regarded one
of the best in the world.

South Africa is precisely the country that majority people would associate with the diamond
industry. But business centers in the other parts of the world are catching up fast and steady.
Surat is one of them---this little known Indian industrial hub is fast emerging as a big player
in the world diamond arena. Many countries export rough of a diamond in to the market.
These rough is cutting in to a small pieces and polishing b the workers and make a diamond.
India is manufacturing 90% diamond of the world, while Surat is producing 75% of diamond
of the world. Surat is s central point of diamond producer. Surat exporting Rs.80,000 cores in
last year
The diamond industry is mainly based on imported rough uncut diamonds, which earn their
distinguished sheenvand shine in the hands of expert cutters. These brilliant diamonds are
used along with gold and other precious and semi precious gemstones to craft out exquisite
jewelries that can be the reason of envy for any gemstone collector. Be it an engagement ring
or the bangle, a necklace or earrings, the jewelry wardrobe of any fashionable lady in the
whole world is never complete without the Surat diamond jewelries. Because of the low
production costs, you can get them really cheaper than those you will get in the countries like
Israel or Belgium. The past few years saw a steep decline in the diamond processing industry
in Mumbai---the traditional diamond hub in India and this acted as the additional boon for the
Surat diamond industry. Surge in the economic and infrastructural degradation over the past
few years forced several Mumbai based small as well as big diamond Houses to shift their
bases in the neighboring Surat. And all these have eventually contributed to the making of
present Surat---the world's largest diamond processing centre.

A measure manufacturing country of diamond

Diamond is associated with a various job, where are a very big list of countries which
done a different jobs. Following is a list of the diamond manufacturing county.

Rough producing countries.

Russia
Botswana
Democratic Republic of the Congo
Australia
South Africa

Diamond polishing countries

India

Russia

China

South Africa

Lebanon

Environmental Analysis
Environmental analysis is most necessary before establishing any company or firm,
because a various factors of environment is affected to the business activities. There are two
types of environment internal and external, internal environment is controllable while
external environment is not controllable which is require to analyze. Following is the external
environment analysis which affects diamond industry.
 c Technological environment:
Technology is directly affected to the diamond industry because cutting and polishing of
the diamond is depended on technology. Change in to a technology is affect to the diamond
industry.

c Government and political environment:

Government policy is affect to the diamond industry. Business of Diamond is totally
depending of a foreign market. Import and export of diamond is directly depending on
government import export policy. So change in policy and taxes is affected to the diamond
industry.

Growth rate of diamond industry

Retail diamond prices in the second half of 2008 experienced one of the largest decreases in
decades and followed by relatively no price changes up or down in 2009. However, rough
diamond prices in 2009 were up by about 15% and they have increased that much already in
2010. As a result, there is significant pressure on polished diamond prices to move upward.

Demand and supply of diamond present and future estimation

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List of measure diamond manufacturing companies
Soham Overseas - India

RS Exports - India

SANGHAVI JEWELLERY MFG . CO . PVT . LTD - India

CLASSIC DIAMONDS (I) LTD., - India

Arihant Star - India

Al Hussain Fragrances & Jewels ± India

JAGRUTI GEMS & JEWELLERY ± India

Jamuna Dass & Sons - India

Dharmanandan Diamonds ± India

Adani Exports Ltd. - India

Future scenario of diamond industry

Traditionally diamond industry dealt only with lower-quality diamonds. But with the growth
and expansion in the market, the character of the Surat diamond industry has changed
dramatically.

Today, top quality, expensive stones are cut in Surat that can give a run for their money to
those cut in Antwerp, New York and Tel Aviv.

As opposed to the traditional, family run small cutting and polishing units, today's
workshops are larger and professionally managed, keeping to international industrial
standards.

Most of the companies are smart enough to set up branches in the cities like Antwerp and Tel
Aviv, so that the local workers can absorb the tricks of the trade.

With exposure to a highly lucrative diamond market, both abroad and back home, and with
every support from the Government, Surat---as believed by the trade analysts-is soon to
replace the Belgium's Hasidim as the global leader in diamond industry.

On a global scale, the Surat based companies are coming up with thousands of diamond retail
stores that are expected to herald a worldwide cut in the diamond prices for years to come.
Reason for selecting diamond industry
A present situation of diamond industry is very strong. Shortage of diamond is taken
place in future. Price of diamond is continuously growing it is strong point of selecting
diamond industry. Availability of aircraft in Surat is create a great opportunity for diamond
industry.

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