Surat's diamond industry was already facing challenges, but the Russian invasion of Ukraine and subsequent sanctions worsened the crisis, leading to a significant rise in suicide rates.
Over 30% of India's raw material supply came from Russia's Alrosa mine, and the lost business due to Western sanctions has yet to recover, causing distress in Surat.
Since the onset of the war, at least 63 diamond polishers in Surat have committed suicide, leaving notes that highlighted severe financial distress as the cause.
The financial repercussions of the war in Ukraine have led to staggering job losses and salary cuts for thousands of workers in Surat's vital diamond industry.
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