Indian Diamond Industry










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diamond-stoneINDIAN DIAMOND INDUSTRY AT A GLANCE IN 2021 - 2022 diamond-stone



The Indian Gems and Jewellery Market stood at USD78.50 billion in FY2021 and is expected to grow with a CAGR of 8.34% in the ensuing years.

2021-2022 Indian Diamond Industry

The US has about 50% of the world’s diamond jewellery market. The second biggest market is China, which has 16-17%. Third is India, at 5-6% of the market. India ranks first among the top exporters in cut and and polished diamonds.

The cumulative foreign direct investment (FDI) inflows in diamond and gold ornaments stood at US$ 1,194.00 million between in 2021. The Indian diamond industry, which is mostly export-oriented, is likely to clock revenues of about $24 billion this fiscal, bouncing back to pre-pandemic levels. India is the world’s largest manufacturer of polished diamonds. About 90% of global diamond-cutting capacities and 80% of workers are based in India. India has about 1 million workers engaged at thousands of cutting factories. The cutting business is concentrated in two Indian states. The main gem-cutting clusters are located in Gujarat (Surat, Ahmadabad, Bhavnagar cities). Trade offices are located in Mumbai.

Diamond Imports

India imports approximately 100 million carats of diamonds worth $10 billion annually. About 20% of rough stock are supplies from Israel, Hong-Kong and the United Arab Emirates.

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2020 - 2021

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2019 - 2020

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2018 - 2019

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2017 - 2018

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2015 - 2016

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2014 - 2015

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2013 - 2014

diamond-stone  INDIAN Diamond INDUSTRY AT A Glance IN 2012 - 2013

diamond-stone  Industrial Diamond Association Of India(IDA)

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