Diamond Trading Corporation, the marketing arm of the world's largest diamond producer De Beers, is planning to increase its intake by 25 per cent from its last year's sale of $3.5 billion.
Indian jewellery firms are increasingly showing interest in the international market and are planning to venture into luxury lifestyle products.
It seems the sparklers have caught Kolkatans in a spell. According to Diamond Trading Corporation's figures, another city which has got mesmerised by diamonds is Hyderabad.
Diamonds are spreading its sparkle all over India. Proof for it is visible in Kolkata, which has already outshined the traditional markets of Mumbai, Delhi and Chennai in terms of growth in sale of diamond jewellery.
Aishwarya Rai unveils a new collection of jewellery in Mumbai.
The first of its kind, a gem bourse to cater to the needs of the gemstone industry of the Pink City where all the business could be transacted under one roof, would soon become a reality.
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