David Kellie, CEO of the Natural Diamond Council (NDC), believes India is positioned to become the diamond and diamond jewellery industry with the quickest rate of growth. India presents tremendous chances for the diamond business thanks to a wide consumer base, changing cultural preferences, a thriving retail sector, investment potential, and helpful government policies.
Currently, the US and China have the largest marketplaces in the world, with India coming in third. But without a question, we believe that over the next ten years, India will have the fastest rate of growth in the market for diamonds and diamond jewellery, added Kellie.