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PM  Modi to visit Namibia;  seeks to deepen economic ties in the diamond sector

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Indian Prime Minister Narendra Modi is slated to visit Namibia on July 9, part of a five-nation tour that also includes Ghana, Argentina, Brazil, and Trinidad and Tobago. The trip marks Modi’s first official visit to the Southern African nation and underscores New Delhi’s ambition to deepen economic ties in the diamond sector.

While Indian firms such as Ankit Gems and KGK already run cutting and polishing units in Namibia’s capital, Windhoek, rough stones currently reach India indirectly via other global trading hubs. Modi’s visit is expected to pave the way for more direct diamond shipments, streamlining trade flows between the two countries.

Namibia ranks as the world’s fifth-largest diamond producer by value and volume, according to Kimberley Process data, and is especially known for its rich marine diamond reserves, estimated at over 80 million carats.

The agenda extends beyond gemstones. Modi is also set to discuss cooperation on critical minerals and uranium—resources vital to India’s clean energy ambitions and energy security. During the visit, he is scheduled to address the Namibian Parliament, signaling the strategic importance New Delhi places on closer engagement with Africa’s resource-rich economies.

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DiamondBuzz

Kylie Jenner Debuts At Victoria’s Secret Show In $50 Million Fantasy Bra By Jacob & Co.

Kylie Jenner Walks The Ramp In Bra Crafted By Jacob & Co. From 4,410 Natural Diamonds Surrounding A 75.54-Carat Radiant-Cut Fancy Vivid Yellow Diamond

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This year, the famous Fantasy Bra returned to the runway for the first time since 2018. Made by New York jeweler Jacob & Co., it costs $50 million—making it the most expensive Fantasy Bra ever and about $35 million more expensive than any previous version.

Making her Victoria’s Secret Fashion Show runway debut,Kylie Jenner wore the show-stopping bedazzled bra, a gauzy white mini skirt and expansive white feathered angel wings.

The bra features 4,410 natural diamonds set around a large, bright yellow 75.54-carat diamond. A team of 15 craftspeople spent over 1,000 hours creating the piece, which weighs just under two kilograms (about 4.4 pounds).

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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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