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Is India Importing Too Many Diamonds?

March 21, 2024  |  Rapaport News

India’s rough-diamond imports reached an 11-month high of 15.2 million carats in February, according to data from the country’s Gem & Jewellery Export Promotion Council (GJEPC). This partly reflects a correction after a two-month voluntary freeze late last year, but is India setting itself up for another oversupply? Rapaport Senior Analyst Joshua Freedman crunches the numbers.


India diamonds RMC video 1280 USED 032124 Is India Importing Too Many Diamonds?

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