Neutral impactSector
India's natural diamond industry revenues to stay flat at $14.8-15.2 billion in FY27: Report
BusinessLine 2 hrs ago·4 Nov 2026, 10:33 am
India's natural diamond sector is expected to see stable revenue growth of $14.8-15.2 billion in the upcoming fiscal year. This forecast suggests that while global export markets may face headwinds, strong domestic consumption is providing necessary support to the industry.
For investors, this stability indicates a mature market where domestic demand is a reliable buffer against external volatility. The sector is currently navigating a dual shift, with lab-grown diamonds impacting entry-level segments while natural stones maintain their premium appeal.
Moving forward, the key focus for the market will be the pace of domestic consumption and the ability of exporters to adapt to changing global trade dynamics.
Excerpt from BusinessLine
Resilient domestic demand is expected to cushion the weakness in exports, while lab-grown diamonds continue to reshape entry-level demand even as natural stones are expected to retain their premium appeal India's natural diamond industry revenues are expected to remain flat in the current financial year at $14.8-15.2…Read the original at BusinessLine
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