Try GOLD - Free
Diamond Jewellery Demand to Double by 2030: De Beers
Financial Express Pune
|May 23, 2025
DIAMOND COMPANY DE Beers is expecting diamond jewellery consumption to double in India by 2030, its chief executive Al Cook has said.
De Beers is launching the Forevermark brand in India.
"India has become the second-largest market for natural diamond jewellery globally, overtaking China last year. We've seen double-digit growth for the last few years, and we actually see natural diamond demand in India, which is growing at 12% annually, to double over the next five years by 2030. Currently, the diamond jewellery demand is just under $10 billion. So we're very confident in the future of India," Cook told reporters.
This story is from the May 23, 2025 edition of Financial Express Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Pune
Financial Express Pune
Telcos to deliver steady Q3; Arpu may rise 0.4-1%
STRONG SIGNAL Q3 KPI expectations across private telcos ·Airtel (India Wireless) ·Jio (standalone) Vodafone Idea
1 mins
January 07, 2026
Financial Express Pune
Navigating through a Fractured Age
As the option of aligning with either of the emerging US- and Sino-centric blocs appears infeasible, India must play a more strategically autonomous role in the world
3 mins
January 07, 2026
Financial Express Pune
The new rules of search
FOR NEARLY TWO decades, Search Engine Optimisation (SEO) has defined digital visibility through rankings, keywords and clicks. But as artificial intelligence reshapes how people access information, a new approach is emerging: Generative Engine Optimisation (GEO)
2 mins
January 07, 2026
Financial Express Pune
RBI may cap bank dividends at 75% of PAT
THE RESERVE BANK of India (RBI) on Tuesday proposed norms for dividends by banks by capping the payout to shareholders at 75% of their net profit.
1 min
January 07, 2026
Financial Express Pune
Why IndiGo still matters
DISMANTLING A MODEL THAT KEPT IT AFLOAT WILL NOT IMPROVE SAFETY OR AFFORDABILITY
4 mins
January 07, 2026
Financial Express Pune
FMCG volumes may rise 5% in early 2026
· Demand uptick likely on macro boost: Worldpanel
1 min
January 07, 2026
Financial Express Pune
Mahindra targets 30% rise in demand from XUV 7XO
MAHINDRA EXPECTS THE newly-launched XUV 7XO to drive up to 30% incremental demand without requiring any immediate expansion in manufacturing capacity.
1 min
January 07, 2026
Financial Express Pune
Juniper Green raises ₹2K cr
JUNIPER GREEN ENERGY raised ₹2,039 crore in debt financing from global and national financial institutions such as NaBFID, HSBC,DBS, Barclays and Aseem Infrastructure for growth and development of upcoming renewable projects.
1 min
January 07, 2026
Financial Express Pune
Cyber-hit JLR sales skid 43% in Q3
North America recorded the steepest decline at 64.4%, followed by Europe at 47.6% and China at 46.0%
1 min
January 07, 2026
Financial Express Pune
'PSBs driving rise in MSME credit'
ENHANCED REGULATORY OVERSIGHT IMPROVES OPERATING ENVIRONMENT
1 mins
January 07, 2026
Listen
Translate
Change font size