De Beers CEO: India's diamond market to double by 2030 despite global headwinds
Al Cook reaffirms India as De Beers' structural growth engine, pointing to rising incomes, young consumers, and the country's dominant cutting-and-polishing role as drivers that will double the domestic diamond market by decade-end even amid global turbulence.
What happened
De Beers CEO Al Cook reaffirms India's diamond market will double by 2030 despite global turbulence, citing rising incomes, young consumers, and India's
Key facts
- double by 2030
Why this matters
Scan for M&A or JV targets among mid-tier Indian jewellery retailers and polishing houses before valuations reprice against the 2x-by-2030 narrative.