DWUG challenges GJEPC's $12bn claim after exhibition
The Free Press Journal|August 23, 2024
Bhavesh Tank, the VP of the union wondered if such profits were made, why were factories still being shut
Melvyn Thomas

The Diamond Workers Union Gujarat (DWUG) has questioned the announcement by the Gems and Jewellery Export Promotion Council (GJEPC) that the six-day long IIJS Premiere 2024 exhibition in Mumbai generated a whooping $12 billion worth of business. DWUG stated that this announcement contrasts with the ground reality in the Surat diamond industry where the big diamond companies like Kiran Gems have announced 10-day vacation to combat the ongoing recession and the overproduction.

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Diese Geschichte stammt aus der August 23, 2024-Ausgabe von The Free Press Journal.

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