NEW DELHI -- India will face a temporary shortage of rough diamonds following a heist at Brussels airport Tuesday, a senior Indian trade executive said Wednesday.

"The goods were on their way to India. People won't lose money because they were insured, but there will be a temporary shortage of rough diamonds," Sanjay Kothari, convenor of promotion and marketing at the state-backed Gem and Jewelry Export Promotion Council, told The Wall Street Journal.

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