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Jos Alukkas increases focus on natural diamonds, observes 28% surge in sales of diamond jewellery

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Jos Alukkas, a trusted name in quality, innovation, and trendy jewellery in India, is proud to announce a significant 28% increase in the overall sale of diamond jewellery. This growth is a testament to the brand’s dedication to offering high-quality, elegant designs and its active efforts to promote natural diamonds in collaboration with the Natural Diamond Council.

The surge in demand highlights a growing consumer preference for premium, durable, and versatile jewellery. With rising disposable incomes and shifting mindsets towards diamonds as symbols of personal style and sophistication, Jos Alukkas has witnessed increased sales in key categories such as engagement rings, wedding bands, and diamond necklaces. The collaboration with NDC aims to further enhance consumer awareness, foster trust, and elevate the desirability of natural diamonds.

Speaking on the occasion, Varghese Alukkas, Managing Director, Jos Alukkas Group, said, “India has emerged as the second-largest market for diamond jewellery, underscoring the nation’s deepening appreciation for natural diamonds. At Jos Alukkas, we have recorded an impressive 28% growth in diamond sales in the first nine months of this financial year. This remarkable performance reflects the emotional connection and aspirational value natural diamonds bring to our customers. Our partnership with the Natural Diamond Council strengthens our mission to educate consumers about the enduring brilliance and heritage of natural diamonds.”

Sharing her thoughts, Richa Singh, Managing Director, Natural Diamond Council, India and Middle East said, “We are delighted to collaborate with Jos Alukkas to spread awareness about the unparalleled qualities and ethical sourcing of natural diamonds. Through this partnership, we aim to reach a wider audience by creating engaging content, hosting workshops, and equipping sales teams with tools to narrate the extraordinary journey of natural diamonds. Together, we hope to drive sustainable growth and reinforce the importance of natural diamonds as a key contributor to India’s jewellery industry.”

Adding, John Alukkas, Managing Director, Jos Alukkas Group said, “India continues to lead the global diamond market, with projections estimating the sector to grow by 150% to $18 billion in the coming decade. At Jos Alukkas, we see natural diamonds not just as symbols of luxury but as reflections of individuality, artistry, and sophistication. Our goal is to make these treasures more accessible to consumers through innovative designs that resonate with modern lifestyles. Natural diamonds are fast becoming indispensable expressions of personal style, deeply rooted in India’s evolving aspirations.”

Concluding, Paul J Alukkas, Managing Director, Jos Alukkas said, “At Jos Alukkas, we take immense pride in our efforts to celebrate the legacy of natural diamonds. Through our partnership with the Natural Diamond Council, we aim to inspire trust and admiration for natural diamonds while championing their positive impact on global communities. This collaboration reflects our vision to preserve the heritage of natural diamonds while ensuring they continue to bring joy and meaning to generations to come.”

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DiamondBuzz

Alrosa Sees First Glimmers Of A Turnaround Driven By Growing Scarcity

Supply Crunch In Larger Stones Lifts Rough Diamond Prices

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Russian diamond giant Alrosa is detecting the first glimmers of a turnaround in both rough and polished diamond markets after several tough years, driven by growing scarcity as global production heads toward its lowest level in two decades.

The miner reported that prices for its rough diamonds have climbed 6% to 9% since the start of 2026, with the most pronounced gains in the high-value 2- to 10-carat segment. That category accounts for about 80% of Alrosa’s production by value. Prices in these sizes rose across all three of the company’s trading sessions this year, with modest improvement in January followed by stronger advances in February and March. Overall, Alrosa lifted selling prices to varying degrees on nearly half of its regular assortment in the first quarter.

Alrosa forecasts that worldwide diamond output will drop below 100 million carats in 2026—the lowest in 20 years—with risks of even steeper declines as older deposits are exhausted and unprofitable mines are idled.

The company itself has already suspended operations at several smaller sites, including alluvial projects in the Anabar River Valley and the Verkhne Munskoye deposit’s Zapolyarny and Magnitny open pits. Rio Tinto’s Diavik mine in Canada, a long-time supplier of high-quality stones, reached the end of its commercial production this week after more than 23 years and over 150 million carats extracted. Other Canadian deposits are also slated for permanent closure this year.

The tightening supply comes as major producers, including Alrosa, have deliberately curtailed output in recent years to help balance inventories. Alrosa itself plans to mine 25–26 million carats in 2026, down from higher levels, while continuing to sell into key markets such as India and China despite Western sanctions.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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