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This is very easily sold as India is annually importing diamonds worth a crore of rupees.
Export figures are not included in the accounts relating to the sea-borne trade of India.
World production of gems and industrials in 1941 is estimated at 9,088,000 carats valued at 27 million dollars. Average quality is better than in 1940; but industrial diamonds represent 78 per cent of caratage and gem-stones 22 per cent.
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