Tag Archive For: Diamond Jewellery Manufacturers


Indian Diamond Jewellery Manufacturers Stepping Strong In Chinese Market

In January, 21 Indians amongst 33 foreigners were arrested in Shenzhen for smuggling diamonds worth millions of dollars from Hong Kong to mainland China to avoid the 4 percent import duty. Though being a part of China, Hong Kong is a duty-free import area for rough diamonds while China demands the custom duty of 4 per cent. That’s the reason not only Indian jewellery makers but many others supply the products to Hong Kong first and then to Shenzhen. Indian ...