Poging GOUD - Vrij
'Strongest natural diamond growth coming from India'
Financial Express Mumbai
|January 08, 2026
Al Cook, CEO of De Beers Group, sees India as a bright spot for natural diamonds as rising demand, growing aspirations and higher disposable incomes pull consumers towards the category.
-
Despite the inroads made by lab-grown diamonds as a cheaper alternative, Cook-who visited India for the second time in eight months this week-says domestic consumers remain discerning in their choices. In an interview with Viveat Susan Pinto, he outlines De Beers' priorities for India and its retail strategy. Excerpts:
What brings you to India for the second time in months?
It underlines just how critical India is for us. Despite global turbulence, India continues to grow strongly. We expect GDP growth of around 7% through 2025. At a time of instability, India is increasingly viewed as a source of global stability. Diamonds were first discovered in India over 2,500 years ago, and that heritage continues today-
Dit verhaal komt uit de January 08, 2026-editie van Financial Express Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Mumbai
Financial Express Mumbai
Gen Z is full of creativity: PM
PRIME MINISTER NARENDRA Modi on Monday said India's Gen Z is full of creativity and with innovative ideas, energy and purpose, the country's youth is at the forefront of nation-building.
1 min
January 13, 2026
Financial Express Mumbai
Lemon Tree: Restructuring gains
EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28
2 mins
January 13, 2026
Financial Express Mumbai
Capex budget may rise to ₹12.5Lcr
Counter-cyclical step amid external headwinds, particularly US tariffs
2 mins
January 13, 2026
Financial Express Mumbai
Retail inflation rises to 1.33% in December
INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.
1 mins
January 13, 2026
Financial Express Mumbai
Deutsche's India biz gets Kotak, Federal bids
DEUTSCHE BANK'S INDIA retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank and Federal Bank, according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.
1 mins
January 13, 2026
Financial Express Mumbai
UK investigates X over Grok deepfake concerns
UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.
1 min
January 13, 2026
Financial Express Mumbai
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Mumbai
Labour Code impact drags TCS, HCLTech profits in Q3
Revenue growth remains steady
2 mins
January 13, 2026
Financial Express Mumbai
Gaurav Munjal to stay at the helm of Unacademy
Munjal will continue to lead the edtech company as group chief executive, ending months of speculation over a potential leadership transition at the SoftBank-backed test preparation firm, people familiar with the matter told FE.
2 mins
January 13, 2026
Financial Express Mumbai
Powell vows to stand firm amid DOJ criminal probe
TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION
1 min
January 13, 2026
Listen
Translate
Change font size