Latest Manufacturing

India’s Manufacturing Sector Faces Decade-Low Revenues

Decline is the result of muted demand in key markets, a slump in diamond prices amid oversupply, and a shift toward synthetics.

Revenue from segment down 27% year on year in first fiscal quarter.

Government wants more shares at same cost, citing “changes in market conditions.”

Factories focus on melee amid slump in demand for larger sizes.

Indian manufacturer extends August vacation amid oversupply.

Mumbai-based diamond and jewelry manufacturer sees 21% drop in sales.

New purchase will allow company to offer a broader selection of goods to its customers.

Revenue from segment down 17% year on year in third fiscal quarter.

Indian manufacturer to operate in both Surat Diamond Bourse and Bharat Diamond Bourse.

Choron has signed an agreement with Kao mine owner Storm Mountain to manufacture stone.

Paris Peace Forum meeting also touches on responsible sourcing, workers’ rights, and respect for local communities.