Boom after gloom: GST helps organise diamond industry

For 40-year-old Paresh Kanani in Surat, life has changed dramatically over the past one year. A small-time diamond trader, who used third-party channel to export small quantities of diamond and jewellery to his clients abroad, now proudly harbours an ambition of becoming ₹100 crore company from ₹8 crore currently. Kanani and many like him in the diamond hub of Surat attribute their happiness to th…