De Beers CEO Identifies India as Key Growth Market for Natural Diamonds
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De Beers CEO Identifies India as Key Growth Market for Natural Diamonds

De Beers Group CEO Al Cook highlighted India as the company's primary growth market, projecting the domestic natural diamond market to reach $20 billion by 2030. He noted strong consumer demand, rising aspirations, and increased disposable incomes as key drivers, despite the presence of lab-grown alternatives. Cook emphasized India's historical significance in the diamond industry and its current role as a major cutting and polishing hub, anticipating continued double-digit growth in domestic demand.

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