De Beers is investing more in natural diamond marketing than it has in over a decade: David Johnson, De Beers Group
In order to meet the challenges of the diamond industry head on, De Beers has devised a multi-pronged strategy – the major steps include upping investment in marketing, participating in the Luanda Accord, developing a range of category campaigns, collaborating with key retail partners to grow demand, and investing in branded marketing programmes for its own retail businesses, says David Johnson, VP, Global External Communications, De Beers Group, in a conversation with Suneeta Kaul.
ADPA backs India’s KP chairmanship, counters ADC position
African Diamond Producers Association congratulates India on assuming Kimberley Process chairmanship for 2026, counters African Diamond Council objections, and confirms cooperation plans, with International Diamond Manufacturers Association amplifying the position.
African nations express concern about India taking on as 2026 Chair of Kimberley Process
Concerns have emerged among African diamond-producing countries over India’s 2026 Kimberley Process chairmanship, following unresolved reform debates and procedural outcomes after the November 2025 plenary in Dubai.
GJEPC Welcomes India as Kimberley Process Chair for 2026
GJEPC welcomes India’s election as Kimberley Process Chair for 2026, effective January 1, following December 2025 consensus approval, reinforcing India’s role in governing global rough diamond trade.
Belgium Eases Hiring Rules to Boost Diamond Polishing and Sorting Capacity
The Flemish Government approved a policy effective January 1 2026 allowing Antwerp diamond companies to hire foreign polishers and sorters through faster permits to meet rising demand driven by the US duty advantage.
India’s Gem and Jewellery Exports Fall by 11.72% in FY 2024-25
India’s gem and jewellery (G&J) exports dropped by 11.72% in the financial year 2024-25, sliding to $28.5 billion from $32.28 billion in the previous year
De Beers and GJEPC Launch INDRA to Revolutionize India’s Jewellery Market
India’s jewellery industry is on the brink of a transformative era, driven by economic expansion, rising consumer demand, and a shift towards organized retail
CaratLane Unveils ‘Festive Edit’ and New 22KT Gold Collection for Diwali
CaratLane, India’s leading omni-channel jewellery brand, has launched its ‘Festive Edit’ for Diwali, featuring a diverse collection that celebrates individuality through jewellery
Diamond Polishing Sector Set to Hit Decade Low with 25-27% Sales Dip: CRISIL Report
India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report
India's Commerce Ministry Proposes Task Force to Boost Gem and Jewellery Exports
India's Commerce Ministry is planning to establish a task force for the gem and jewellery industry to tackle ongoing challenges, including weak demand in key markets and supply disruptions
Budget 2024-25 a recipe for growth, industry leaders say
Finance Minister Nirmala Sitharaman’s Budget has been hailed by the gems and jewellery industry, with stakeholders calling the duty cuts a long-awaited step in the right direction
Budget 2024: Custom duty on gold and silver reduced to 6%; safe harbour rates for mining companies introduced
In a significant boost to the gems and jewellery industry, Finance Minister Nirmala Sitharaman announced a reduction in customs duties on precious metals. The customs duty on gold and silver has been slashed from 15% to 6%, while the duty on platinum has been lowered from 15.4% to 6.4%
GJEPC Chairman presents pre-budget recommendations during a consultation meeting with the Hon'ble Finance Minister
GJEPC Chairman Shri Vipul Shah presented key recommendations for the gem & jewellery trade at today's pre-budget meeting with Union Finance Minister Smt. Nirmala Sitharaman
Surat SEZ Sees Sharp Decline in Gems and Jewellery Exports Amid Global Tensions and Regulatory Crackdown
The export of gems and jewellery from Surat’s Special Economic Zone (SEZ) at Sachin experienced a significant drop in the past financial year, plummeting by half in value compared to 2022-23
GJEPC: India's Trade Pact with Europe's EFTA Expected to Triple Gem & Jewellery Exports
GJEPC anticipates that India's newly established trade agreement with Europe's EFTA will significantly boost gem and jewellery exports, potentially tripling current figures
