BackIndia's Diamond Industry Faces Export Decline Amidst Rising Domestic Retail Investment

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Economic Times3 sa önceBusinessIndia

India's Diamond Industry Faces Export Decline Amidst Rising Domestic Retail Investment

diamond exports lab-grown diamonds natural diamonds

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India's diamond exports have declined for two consecutive financial years, impacted by global demand and pricing pressures.
However, domestic retail giants are significantly increasing investments in both natural and lab-grown diamonds to cater to a growing younger consumer base seeking lightweight, design-led jewelry.

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India's diamond exports have declined for two consecutive financial years, impacted by global demand and pricing pressures. However, domestic retail giants are significantly increasing investments in both natural and lab-grown diamonds to cater to a growing younger consumer base seeking lightweight, design-led jewelry.

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