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Manufacturers of lab-grown diamonds – which are 80% cheaper than pure diamond – additionally claimed that export volumes have elevated with the US being the most important importer. They attributed the fall in export worth to price instability after several new players entered the market. Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world’s largest office complicated, stating that India shall be among the prime three economies in the world throughout his third time period. He highlighted the growth of the Surat diamond trade, offering jobs to eight lakh individuals, and expressed confidence that India will obtain its …