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De Beers

By Vinod Pathak , 23 May 2025
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De Beers Bets Big on India as Diamond Demand Set to Double by 2030

As India emerges as a dominant force in global diamond consumption, De Beers Group is accelerating its investments in the subcontinent, predicting a doubling of natural diamond jewellery demand by 2030. With India overtaking China to become the second-largest market for natural diamonds, De Beers is launching an ambitious expansion of its Forevermark retail presence. The company also plans to shift focus away from lab-grown diamonds for jewellery, steering their use toward high-tech industrial sectors.

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De Beers

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