Browsing: Natural Diamonds

At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers Group reaffirmed its commitment to nurturing growth, authenticity and emotional connection in the sector through the launch of its digital platform INDRA, the emotionally resonant “Love, From Bestie” bracelet ritual campaign and the pioneering Institute of Diamonds.

Titan Company Ltd., through its Dubai-based subsidiary Titan Holdings International FZCO, completed the acquisition of a 67% stake in Damas LLC, the renowned jewellery retailer rooted in the Gulf Cooperation Council (GCC) region. The deal was struck with Damas International Limited, a subsidiary of Qatar-based Mannai Corporation. The value of the transaction has been pegged at around USD 282 million (AED 1,038 million).

The International Institute of Gemology (IIG) celebrated Van Mahotsav, India’s annual festival of trees with a deeply symbolic and immersive experience, blending environmental consciousness with the spirit of design and innovation. Observed across the country to raise awareness about the importance of trees and ecological balance, Van Mahotsav resonates strongly with IIG’s ethos: nurturing talent in an industry born from nature, shaped by creativity, and sustained by responsibility

The results of respective research were first presented at the XXVIII St. Petersburg International Economic Forum. The round table dedicated to the impact of responsible consumption on the development of the international diamond market, where the statement on the complete carbon neutrality of Russian diamonds was made, was attended by high-ranking representatives of the global diamond industry, experts in the field of sustainable development and premium consumption. Participants noted the leading trend towards responsible consumption in the luxury sector against the backdrop of stable growth in global demand for luxury goods, which increases by $100 billion every 10 years

In a watershed step to boost consumer demand for natural diamonds, GJEPC joined top diamond-producing nations and industry bodies in signing the Luanda Accord on 18th June 2025. The signatories—including mining ministers of Angola, Botswana, South Africa, Namibia, and DRC, in collaboration with GJEPC, AWDC, DMCC and De Beers—pledged to contribute 1% of annual rough diamond revenues to fund a global marketing campaign spearheaded by the Natural Diamond Council (NDC)

The 10% additional tariff levied by the US, which accounts for nearly a third of Indian natural diamond exports, will exacerbate the impact on Indian diamantaires from already-subdued demand and intensifying competition from lab-grown diamonds (LGDs), which closely resemble natural diamonds and cost much less. In the milieu, export revenues of diamantaires will decline ~8-10% in fiscal 2026.

Natural Diamonds Shine Brighter with Purpose: SRK Sets New Sustainability Benchmark for the Industry
In a powerful demonstration of how natural diamonds can lead the way in environmental stewardship, Shree Ramkrishna Exports Pvt. Ltd. (SRK) has earned international recognition for its pioneering sustainability practices. The company’s efforts were recently honored with the Top Environmental Impact Project of the Year at the prestigious E+E Leader Awards — a moment of pride not just for SRK, but for the global natural diamond and gems industry.