International News
Future of natural diamonds challenging; holds promise of transformation: BCG report
A new report by the Boston Consulting Group (BCG), commissioned by De Beers Group, unveils the critical factors that will shape the future of the natural diamond market
A new report by the Boston Consulting Group (BCG), commissioned by De Beers Group, unveils the critical factors that will shape the future of the natural diamond market.In an era marked by rapid changes and emerging challenges, the natural diamond industry stands at a pivotal juncture. A recent report by the Boston Consulting Group (BCG), commissioned by De Beers Group, sheds light on the critical factors shaping the future of the natural diamond sector. With primary diamond supply projected to decline and demand dynamics evolving, the industry is poised for a significant transformation, it notes.
The cornerstone of the natural diamond industry’s future is the anticipated decline in primary supply. The report highlights that the primary production of natural diamonds is expected to decrease by approximately 1% CAGR over the next decade. This decline is driven by the diminishing yields from ageing mines, a scarcity of new discoveries, and constrained exploration budgets over the past ten years. While there is potential for some increase through brownfield expansions, the overall outlook suggests a tightening of supply.
International News
India Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
Buyers, Institutional Investors, and Jewelers Are Guaranteed Strict Adherence To Exact Quality, Testing, and Traceability Standards. Silver From Any BIS-Approved Refinery Ensures A Verified Fineness and Purity
GJEPC has brought a delegation of 17 leading Indian jewellery manufacturers to Paris for an intensive three-day programme aimed at building business, design collaboration, and long-term partnerships with French buyers, retailers, designers, and luxury brands.The delegationwas led by Shaunak Parikh Vice Chairman, GJEPC
The strategic trade mission comes as India’s gem and jewellery exports to France surged 19.72% year-on-year, reaching US$ 478.78 million in FY 2025–26 (up from US$ 399.93 million in FY 2024–25). Key drivers of this growth include:
- Gold Jewellery Exports: US$ 159.53 million (+18.69%)
- Cut & Polished Diamonds: US$ 204.07 million (+4.69%)
Despite rapid growth, India currently holds a 3.8% share of France’s total US$ 12.61 billion gem and jewellery import market, highlighting significant untapped potential for Indian exporters.
Strategic Briefing at the Embassy of India
The delegation’s engagement commenced on 13 October with an expert briefing at the Embassy of India in Paris on “The French Market & the Marketing of Desirability.” The session focused on French consumer trends, luxury brand positioning, sustainability, and market entry strategies. Key insights were delivered by:
- Anish Kumar Singh, GJEPC Representative for France & Founder, Bhartiya Paris Club
- Dr. Marta Marcheva, Executive Director, Institut Sup de Luxe
- Céline Dassonville, CEO, ethiwork
The three-day initiative includes market visits, knowledge sessions, and high-level networking, culminating in an exclusive Buyer-Seller Meet (BSM) on 15 October 2026 at the Marriott Champs-Élysées, Paris.
Participating Indian Companies
The 17 Indian manufacturers representing the country’s high-end craftsmanship and design capabilities are: Asian Star Co. Ltd, DNJ Creation LLP, Fine Jewellery Manufacturing Ltd, Goldstar Jewellery Pvt. Ltd., KGK Creations (India) Pvt. Ltd., Malya Jewel Craft, Neysa Jewellery Ltd, NTS Navrattan Jewellers Pvt. Ltd., Patdiam Jewelry Ltd, Priority Jewels Ltd, Renaissance Global Ltd, S. Vinod Kumar Diamonds Pvt. Ltd., Sunjewels Pvt. Ltd., Supergems Jewellery, Tanvirkumar & Company, UniDesign Jewel, and Walking Tree Atelier Pvt. Ltd.
India Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
Navratri Edit By DAIMANTÉ: 9 Pendants, 9 Expressions Of Intention
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
Aspect Bullion & Refinery Launches “India’s Biggest Gold Fest” With Zero Making Charges On Gold Coins and Bars
GJEPC, ECGC Programme Underlines Recent Changes In Export Credit Insurance For The GJ Sector.
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National News8 hours agoBIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
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National News9 hours agoAspect Bullion & Refinery Launches “India’s Biggest Gold Fest” With Zero Making Charges On Gold Coins and Bars
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National News9 hours agoGJEPC, ECGC Programme Underlines Recent Changes In Export Credit Insurance For The GJ Sector.
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International News6 hours agoIndia Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
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