Natural Diamond Council (NDC) CEO David Kellie feels India is poised to become the fastest-growing market for diamonds and diamond jewellery. With a combination of a vast consumer base, evolving cultural preferences, a thriving retail landscape, investment potential, and supportive government policies, India offers immense opportunities for the diamond industry.
The biggest markets in the world are the US and China at the moment and India is third to those. But without a doubt, we would anticipate that India will be the fastest-growing market for diamonds and diamond jewellery over the next 10 years, said Kellie.
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