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Jewellers hit hard by global recession

Updated on Nov 20, 2008 11:31 pm IST

Jewellery manufacturers and exporters in Jaipur are lamenting fall in export orders due to recession. Till last year, traders dealing in gems and jewellery were earning huge profits… but now the gem city faces an adverse impact of recession in the global economy. According to jewellery manufacturers and exporters, recession has directly hit them as many offshore buyers have stopped placing orders.

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