Financial Times FT.com

Surat: Domestic demand has been the city’s best friend

By Kevin Sieff in Surat

Published: January 28 2010 19:04 | Last updated: January 28 2010 19:04

Every morning, one thousand rough diamonds sent from Africa land on Keval Virani’s desk. He takes a quick look at the stones, holding them by the handful to a desk lamp.

“Most people see something like this, and they think of Antwerp or Tel Aviv,” says Mr Virani, director of Karp, one of Surat’s largest diamond cutting and polishing companies. “They’ve never been to Surat.”

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