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Diamond mining in India extends back into antiquity. From ancient times, India was the source of nearly all the world's known diamonds, and until diamonds were discovered in Brazil in 1726, India was the only place where diamonds were mined. India has not been a major diamond-producing country since the 1900s, but diamond mining continues.
The largest markets are USA (about half), China and India. [3] As of 2017 larger diamonds had appreciated in value since 2008 more than smaller ones. [4] [5] In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025.
The Diamond Exchange District in Ramat-Gan, Israel. Country Value in 2012 Value in 2015 Value in 2016 Value in 2023 [1] India: 2.41: 23.2: 29.4 18.2
Bharat Diamond Bourse (BDB) is the world's largest diamond bourse (exchange) and is located in Mumbai, India. [1] Spread over a 8.1-hectare (20-acre) plot, the complex is home to some 2,500 small and large diamond traders in addition to the Custom House, banks and other service providers who cater to the gems and jewelry trade. [2]
A debt-ridden laborer in central India said his family’s life has been “changed forever” after he unearthed a 19.22-carat diamond worth almost $100,000. Indebted Indian laborer finds life ...
The Padmanabhaswamy temple treasure is a collection of valuable objects including gold thrones, crowns, coins, statues and ornaments, diamonds and other precious stones. It was discovered in some of the subterranean vaults of the Padmanabhaswamy Temple in Thiruvananthapuram, in the Indian state of Kerala, when five of its six (or possibly eight) vaults were opened on 27 June 2011.