Industry Newsblockchaingems and jewellerytraceabilityrjc
Indian Diamond Market Prioritizes Provenance and Ethics
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6.1
As of Jan 17, 2026, India's diamond market is shifting beyond cut-clarity-carat toward provenance, ethics and verified sourcing, with consumers seeking traceability. Industry bodies (GJEPC), consultants (Wazir Advisors), and technologies such as blockchain, RFID, Sarine and RJC certification support transparency while the domestic market—11% of global demand—is estimated at $6.2 billion in FY25 and projected to $8.6 billion by 2028.
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Moderate industry relevance and credible sources, but incremental trend coverage limits broader strategic impact for data professionals.
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