During the recent celebration of Diwali, jewelry sales fell.
Meanwhile, restrictions on the import of gold, set by the Indian government, were designed to mitigate the situation.
It becomes obvious that one should exercise caution when influencing costs and production, it is necessary to increase retail sales. Large companies can survive significant fluctuations, and small diamond manufacturers need to show extraordinary endurance. There are observations that while these companies behave bravely and resolutely.
The Council for the Promotion of the Export of Gemstones and Jewelry (GJEPC) and the leading Indian jewelery trade organizations closely monitor the development of the situation in order to ensure the positive development of the entire industry. Perhaps the answer to current problems is to promote innovation, and maybe in the inadmissibility of hasty action and systematic approach.