With diamond-studded jewellery penetration at 12–14%, Ajoy Chawla highlights younger consumers, rising purchasing power and investment in consumer education as key opportunities for the trade.
Natural diamond prices have fallen 51% from their 2021 peak, with festive demand offering a potential boost to sales as the trade looks for signs of stabilization.
India’s gem and jewellery exports grew 9.43% year-on-year in September 2026, while first-half exports rose 3.07% to USD 14.30 billion, supported by studded gold jewellery, silver jewellery and polishe ...
India’s natural diamond trade faces continued pricing pressure as laboratory-grown diamonds gain market share on affordability, while industry players focus on consumer education, differentiation and ...
Indian jewellers expect diamond jewellery sales to grow 15–20% during the 2026 festive season as gold prices rise 54% year-on-year and smaller diamonds become more affordable.
India’s natural diamond jewellery market is witnessing changing purchase patterns, with consumers opting for larger stones and everyday-wear designs, even as price pressures weigh on the wider diamond ...
