Hong Kong has one of the world’s busiest airports and is a major transit point for China
Current Affairs:The Surat precious stone industry is probably going to confront lost around Rs 8,000 crore in next two months as Hong Kong, which is a significant fare goal, has proclaimed a highly sensitive situation due to the coronavirus episode in China, state specialists.
Hong Kong is a significant business center point for the Surat jewel industry, however schools and universities have been shut there till the main seven day stretch of March and even the organizations are seeing a dunk in perspective on the episode of the novel coronavirus.
As indicated by Gems and Jewelry Export Promotion Council (GJEPC) local executive Dinesh Navadiya, cleaned precious stones worth around Rs 50,000 crore are sent out from Surat to Hong Kong consistently.
“That is around 37 percent of the all out fares from here. Presently, due to coronavirus alarm, Hong Kong has announced a month-long get-away. Gujarati brokers having workplaces there are returning to India,” he said.
In the event that the circumstance doesn’t improve, it will hugy affect the Surat precious stone industry, which shines 99 percent of every single harsh jewel imported in the nation, he said.
“The Surat precious stone industry is gazing at lost around Rs 8,000 crore for February and March,” he included.
Another industry master and precious stone dealer Pravin Nanavati said there is a probability of wiping out of a global gems display in Hong Kong, to be held one month from now, due to the coronoavirus alarm, which would hit the adornments business in Surat.
Aditi Mehta 