
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.
Select a news story to see related coverage from other media outlets.