VBJ: Solitaire’s Steady Reign in Indian Households – Solitaire International Magazine

The Indian diamond market has enormous potential, and I think it could grow by 150% to $18 billion by the early next decade. India is certainly a bright spot for the larger industry, with fundamental sales increasing each year. While gold jewellery still represents the bulk of sales in India, diamonds contribute an estimated 10-15% of the total value sold.
Undoubtedly, diamonds are a rapidly growing category in India, positioning the country as a major market for diamond jewellery on the global stage.

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