Bihar – now a one of the major diamond market of the country

PATNA: Bihar is scripting one shinning story after another. After surprsing many by clock-ing an 11.03% growth between 2003-04 and 2008-09 as against the national GDP of 8.49%, the “backward and benighted” state has become one of the most favoured destinations of diamond merchants from across the country.

“During the five-year tenure of the Nitish Kumar-led government, Bihar has emerged as one of the major diamond consumer points,” said Sunil Dokania, director of a Mumbai-based gems and jewellery company.

Incidentally, Dokania has been visiting Patna for his diamond jewellery exhibitions uninterrupted for nine years. Even during the period when the entire world was passing through an economic slowdown, Dokania claimed his company did brisk business in Bihar every Diwali.

Ahead of the coming fest-ival of lights, the manufacturer of high-end designer diamond jewellery has reached Patna with his range of affordable productline. “Bihar has become the biggest per capita jewellery market for branded products,” he said. tnn

Read more: Bihar beckons diamond traders – The Times of India http://timesofindia.indiatimes.com/city/patna/Bihar-beckons-diamond-traders/articleshow/6801331.cms#ixzz13JNAcEZU