GJC, which represents over three lakh gem and jewelry businesses ... industry," but rising prices can affect the retail demand for diamond in India,” MD of Asian Star Company said.

Disha Shah, Founder and Designer, DiAi Designs said In India, the past three years have seen rapid growth in the demand for LGDs with a 6-8% increase in 2023. She added that prices of diamonds ...

India’s diamond industry is grappling ... and Europe — have led to decreased spending on luxury items such as diamonds. Fluctuating global diamond prices have added to this uncertainty ...