India becomes 2nd largest diamond mkt, crosses China
The New Indian Express Shivamogga|January 08, 2025
BUOYED by the robust growth that has catapulted the country as the world's second-largest diamond market overtaking China in 2024, apex trade promotion body Gem & Jewellery Export Promotion Council (GJEPC) expects the domestic diamond industry to double by 2023 to become a $17 billion industry, while the overall gems and jewellery market will touch $130 billion by then from $85 billion in 2024.
BENN KOCHUVEEDAN @ Mumbai

Currently, the domestic natural diamonds market is only about $8.7 billion or about a tenth of the $85-billion gems and jewellery industry, while the lab-grown diamonds are about $2 billion most of which are exported, Vipul Shah, the GJEPC chairman, told TNIE here Tuesday.

هذه القصة مأخوذة من طبعة January 08, 2025 من The New Indian Express Shivamogga.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 08, 2025 من The New Indian Express Shivamogga.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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