Featured
Apple iPhone 18 Pro Max Release Date: iPhone 18 Pro, Camera and Variable Aperture Details
iphone 17 price cuts
iPhone 17 Pro Price Cut Before iPhone 18 Launch: Discounts, India Price and What Buyers Should Know
PM Modi Gujarat visit September 8
PM Modi to Unveil Rs.35,200 Crore Projects in Gujarat
September 8, 2026
The Blunt Times The Blunt Times
  • National
  • City Events
  • Business Vibes
  • Education
  • Entertainment
  • Regional
    • Bharuch
    • Dang
    • Navsari
    • Surat
    • Valsad
    • Hindi
    • Gujarati
  • Health
  • Crime corner
  • Sports
  • Spotlight
Search the Site
Popular Searches:
Chatgpt Nasa Halloween
Recent Posts
Focus Keyphrase: CityTourinDubai New Year event, the blunt times
‘CityTourinDubai’ Sets New Benchmark With Huge New Year Event Attendance
September 8, 2026
YAAP
YAAP Wins Creative and Media Mandate for Parle Candy Culture
September 7, 2026
Officebing
How Officebing Helps UK Companies Establish and Scale Their India Operations
September 7, 2026
The Blunt Times The Blunt Times
  • National
  • City Events
  • Business Vibes
  • Education
  • Entertainment
  • Regional
    • Bharuch
    • Dang
    • Navsari
    • Surat
    • Valsad
    • Hindi
    • Gujarati
  • Health
  • Crime corner
  • Sports
  • Spotlight
Follow us
Unemployed diamond artisans are turning to crime in the Surat diamond industry
Home/City Events/Unemployed Diamond Artisans in Surat Turn to Crime
City EventsCrime corner

Unemployed Diamond Artisans in Surat Turn to Crime

Surat : In a troubling development reflecting the ongoing economic challenges in Surat, the world’s largest diamond cutting and polishing center, three unemployed diamond artisans were arrested for...

Times News Network
August 15, 2024 3 Min Read

Surat : In a troubling development reflecting the ongoing economic challenges in Surat, the world’s largest diamond cutting and polishing center, three unemployed diamond artisans were arrested for robbing a diamond factory in the Varachha diamond market on Thursday. The incident highlights the desperate measures some artisans are taking as they grapple with financial instability due to the prolonged recession in the diamond industry.

The accused, identified as Hitesh Dineshbhai Bhuwa, Jaidip Raghubhai Algotar, and Maulik Sureshbhai Gohil, were once skilled diamond workers. However, like many others in the industry, they had been without work for the past three months, a direct consequence of the economic downturn plaguing Surat’s diamond sector. Unable to find employment and under immense financial pressure, they resorted to crime as a means of survival.

The robbery took place at around 3:30 a.m. in a factory owned by Krunal Bhuva, located on the fourth floor of the Thakor Dwar Society Srihari Building in Varachha’s Mini Bazaar. According to police reports, the three accused entered the factory with their faces covered and threatened two artisans who were working the night shift. Brandishing a knife, one of the robbers demanded that the workers hand over all the diamonds and cash in their possession. Fearing for their lives, the workers complied, and the robbers fled the scene with 120 carats of diamonds worth approximately ₹80,000.

The crime has raised concerns about the rising number of robberies linked to the current recession in Surat’s diamond industry. Assistant Commissioner of Police (ACP) P.K. Patel stated that multiple teams from the Varachha police station were immediately formed to investigate the case. Using a combination of human intelligence, technical surveillance, and CCTV footage, the police quickly identified and apprehended the suspects. It was later revealed that one of the factory’s workers had tipped off the robbers, leading to the successful execution of the heist.

During the arrest, the police recovered the stolen diamonds, along with two mobile phones and a motorcycle, all valued at ₹1.25 lakh. The investigation is ongoing, with further inquiries being conducted by the Varachha Police.

The diamond industry in Surat has been in decline for the past two years, severely impacted by global events such as the Russia-Ukraine conflict and the Israel-Hamas war. These international crises have triggered economic slowdowns in key markets like the United States, which alone accounts for 60% of India’s diamond exports. The recent disappointing job data from the U.S. has further exacerbated the situation, directly affecting India’s diamond trade and employment.

Currently, Surat is home to approximately 700 large and 2,500 small diamond units, employing around 8 lakh diamond artisans. Including administrative staff, the industry supports about 10 lakh people. However, the recession has led to significant income reductions, with many artisans now earning less than ₹30,000 per month, compared to the ₹50,000 they earned previously.

The dire state of the industry is evident in the distressing data presented by the Diamond Workers Union Gujarat (DWUF) to the State Government. Over the past 18 months, around 60 diamond artisans have reportedly committed suicide due to financial strain and unemployment. The situation continues to worsen, pushing more artisans toward desperation and, in some cases, crime.

Tags:

diamond artisansdiamond recessionGujaratSuratSurat DiamondSurat diamond recessionunemployed diamond workers

Share Article

About seven carriages of the double-decker train traveling from Ahmedabad to Mumbai separated after the coupling connecting the compartments failed near Gothan village in Olpad taluka in Surat
Previous Post

Train Coaches Separate Near Surat, No Casualties 

In Surat, about 750 students from Surat Municipal Corporation (SMC)-run Suman schools have received free training under the ambitious "Project Setu
Next Post

Project Setu empowers 750 Surat girls with skills

Picked
Aetram
Aetram’s All-in-One Online Trading App Empowers Modern Investors and Active Traders
Apple iPhone 18 Pro Max Release Date: iPhone 18 Pro, Camera and Variable Aperture Details
iphone 17 price cuts
iPhone 17 Pro Price Cut Before iPhone 18 Launch: Discounts, India Price and What Buyers Should Know
PM Modi Gujarat visit September 8
PM Modi to Unveil Rs.35,200 Crore Projects in Gujarat
Vivan Dave table tennis Surat, the blunt times
Surat’s Vivan Dave Wins Medals in Mongolia, Uzbekistan
motorola edge 70 neo
Motorola Edge 70 Neo India Launch Confirmed: What We Know So Far
Popular Posts
Vivan Dave table tennis Surat, the blunt times
Surat’s Vivan Dave Wins Medals in Mongolia, Uzbekistan
By Times News Network
motorola edge 70 neo
Motorola Edge 70 Neo India Launch Confirmed: What We Know So Far
By Santhosh Kumar
Laburnum Developers Redefines Premium Housing in Gurugram
Laburnum Developers Redefines Premium Housing in Gurugram
By TBT Online Desk
GPT-6 Astra AGI
GPT-6 Astra AGI: What Is OpenAI’s New AI Model and How Powerful Is It?
By Santhosh Kumar
NoBroker
Psychology of Stress Meets Technology of Packing: How NoBroker Packers and Movers Took the Anxiety Out of Moving
By TBT Online Desk
Bigg Boss 20 Contestants List 2026
Bigg Boss 20 Contestants List 2026: Meet All 16 Contestants of Salman Khan’s Show
By Santhosh Kumar

Read Next

PM Modi Gujarat visit September 8
City Events
PM Modi to Unveil Rs.35,200 Crore Projects in Gujarat
September 7, 2026
2 Min Read
Ahmedabad-Surat court bomb threat, the blunt times
City Events
Ahmedabad-Surat Court Bomb Threat: Cybercrime Arrests Suspect in Chennai
September 7, 2026
1 Min Read
Gujarat High Court bench in Surat, the blunt times
City Events
40+ South Gujarat Bars Unite for High Court Bench in Surat
September 7, 2026
2 Min Read
AI-powered grain procurement in Gujarat, the blunt times
City Events
Gujarat Deploys AI to Make Paddy Procurement Transparent
September 7, 2026
2 Min Read
The Blunt Times

The Blunt Times is a 24-hour news portal from Surat and south Gujarat. It was launched by senior journalist Melvyn Thomas, who has over 21 years of experience working with the top news organizations such as The Indian Express, The Times of India, and The Economic Times.

Popular
Aetram’s All-in-One Online Trading App Empowers Modern Investors and Active Traders
September 7, 2026
Apple iPhone 18 Pro Max Release Date: iPhone 18 Pro, Camera and Variable Aperture Details
September 7, 2026
iPhone 17 Pro Price Cut Before iPhone 18 Launch: Discounts, India Price and What Buyers Should Know
September 7, 2026
PM Modi to Unveil Rs.35,200 Crore Projects in Gujarat
September 7, 2026
Categories
City Events
National
Business Vibes
Lifestyle
Business
Education
Spotlight
Entertainment
Regional
Health
Press Release
Sports

© 2026 All Rights Reserved, The Blunt Times

  • Terms of Service
  • Privacy Policy