India cuts small diamonds and Indians consuming solitaires

Diamond shapes

Various shapes of diamonds such as brilliant cut round, oval, princess,  Cushion, triangle etc
Various shapes of diamonds such as brilliant cut round, oval, princess, Cushion, triangle etc

Diamond is forever


Time since immemorial people has a love for diamonds whether solitaires or small diamonds. This beautiful glittering stone has attracted mankind for centuries and millenniums. Monarchies fall and rise in quest of the diamonds. According to Indian Puranic legends, Lord Krishna possessed Shyamantaka mani that was nothing but a very big sized diamond.

India is producing small diamonds in highest quantity in the world and consuming solitaires. The tradition is going on.

Since ancient times diamond was mined in the Golconda region of India. it is only a century or two when people went to Africa to find their fortune in diamonds. Africa is the biggest source for rough diamonds since then, being Russia another rich source. Rough diamonds from Australia are harder and difficult to cut.

Most of the diamond mines world over is controlled by a single company D' Beers. They distribute rough diamonds in a controlled fashion to their site holders.The site holders have to cut and polish themselves a certain percentage of received rough diamonds and then allowed to sell to other manufacturers.

Oppenheimer Diamond Yellow diamond

The Oppenheimer Diamond, named after Ernest Oppenheimer, a gold mining entrepreneur, is one of the biggest uncut diamonds. This diamond is a nearly perfectly-formed yellow diamond crystal weighing about 253.7 carats (50.74 g). It measures approximate
The Oppenheimer Diamond, named after Ernest Oppenheimer, a gold mining entrepreneur, is one of the biggest uncut diamonds. This diamond is a nearly perfectly-formed yellow diamond crystal weighing about 253.7 carats (50.74 g). It measures approximate | Source

Diamond cutter

Diamond manufacturing in india


India became the biggest manufacturer of diamonds replacing Belgium, Israel, and America. Indian growth in diamond trade is amazing!!! more than 1000 times in 4 decades.

More than 90% diamonds ( by Pieces ) in the world are cut and polished in India nowadays. The major cutting and polishing centers are Mumbai and some cities in Gujrat e.g. Palanpur, Bhavnagar, Ahmedabad, Deesa, Surat, and Navsari. Surprisingly Varanasi has lost its place in Indian diamond manufacturing map. It was one of the biggest centers for cutting and polishing rough diamonds until 1960.

The diamonds are cut in different shapes such as rounds, octagons, pears, hearts etc. Various cuts are also used, for example, brilliant cut, rose cut, single cut, flat cut etc. The price of diamonds vary on four factors namely 4 Cs; Cut, Clarity, Color and Carat weight.

Though India produces more than 90% in quantity, most of them are in smaller sizes. Big diamonds are mostly cut and polished in Antwerp (Belgium), Israel and in New york (USA). India up-raised as a major producer of small diamonds since last 4-5 decades. India has been exporting most of them and earning huge foreign currencies.

Kundan Meena: Vardhaman Gems, Jaipur

India consuming solitaires


Surprisingly, India is getting her place in consumer market too since past few years. Diamonds are consumed in every city in India. People started loving diamonds everywhere.

According to a survey Indian city Kolkata beats Tokyo to get the second position in consuming diamonds after New york. Some believe that Kolkata will beat even New York in near future. The most fascinating fact is that Indians love solitaires, the bigger size single pieces. Kolkata people love to own diamonds between 3-10 carats.

Kolkata also manufactures the huge amount of Diamond Jewelry for local and overseas consumptions. Bengali artisans of Kolkata are highly skilled in manufacturing Diamond Jewelry. Bengali artisans are so skilled that they are being hired in different parts of India and sometimes to overseas.

Besides Kolkata , Delhi, Chennai, Hyderabad, Bangalore, Nagpur, Jaipur are the major consumer cities. Most of these cities are producers of Diamond Jewelry too. Jaipur produces flat diamonds and consumes too for making of Kundan Meena Jadau Jewelry.

Growth in diamond and Jewelry trade in Hyderabad is fantastic. Hyderabad consumes a huge quantity of diamonds. It also uses flat and rose cut diamonds as raw material for Victorian and Ganga-Jamuna style Jewelry. Hyderabad also produces and consumes Kundan Meena Jadau Jewelry

Now whenever to think of Diamond, think of India.

I hope you have found this information useful. If it has helped you in any way please feel free to submit it to Digg, Stumble Upon, Mixx, or wherever you keep your social bookmarking links! I will appreciate your effort. Regards,

Jyoti Kothari

India is consuming a lot of diamonds. What does it mean?

  • Tremendous economical growth
  • Enormous wealth aquired by upper class
  • Indians have a love for diamonds
  • Publicity & advertisement
  • New generation is atracted towards it.
  • The best way to hide black money
  • A good investment tool
See results without voting

More by this Author


Comments 20 comments

Anonymous 2 years ago

Great artcle


ahmed 4 years ago

hi sir i m from pakistan i live in italia i want buy dimands size 0.1 small colar normal round cut can u gave me some information___ may emal add - rubnawaz.ahmed@yahoo.com


manju 5 years ago

can you help me know the difference between belgium cut and bombay cut?


Mary West 6 years ago

It's always interesting to learn about other countries. Interesting article.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Diana,

Yes, there are man made diamonds in the market. I can not say about percentage of those stones.

However, we do not use those and do not like to use even in future.

Thanks,

Jyoti Kothari


dianacharles profile image

dianacharles 7 years ago from India

An informative article Jyoti. I had read that there are now some stones on the market which mimic diamonds so well, that they even fool the jeweller. What percentage of fake diamonds do you think are found in well known brands ? This is one reason I have shied off paying astronomical prices for what might be copies.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Rajan.

Thanks for your comments. Diamonds are really fascinating. If you read some and see some your interest will raise from 0 to anywhere.

India is not a poor country because it has reserves but America has debt on it.

Thanks,

Jyoti Kothari


C.V.Rajan profile image

C.V.Rajan 7 years ago from Kerala, India

I found many interesting facts and figures in this article about diamonds (though my interest in diamonds is zero!). It's really surprising that Kolkotta will soon out-beat New Yark in diamond purchase! Wow! Who said India is a poor country?


Uday 7 years ago

Hi,

I am interested in solitaires.


Norman 7 years ago

India is buying solitaires and that's why American diamontaires can survive in this economic slow down. I am in diamond trade in New york and visiting India now.

Thanks to Indians, especially from Kolkata.

Norman


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi champak,

Thanks for your comments. You have shown some hub love.

Jyoti Kothari


linjingjing profile image

linjingjing 7 years ago

India diamonds solitaires

I am in favor of


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi, Khushwant,

Solitaires are mainly sold in major cities like Kolkata, Mumbai, Delhi. you know the situation better in Amritsar.

India produces solitaires but in small quantity.

Jyoti Kothari


Khushwant Singh 7 years ago

Hi Jyoti,

I am from Amritsar which has good market for diamonds. But most of the stores sell small diamonds and not solitaires.

Does india produce solitaires?

Khushwant Singh


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Gemscart,

Not only diamond but all trades are facing problrm nowadays. Price of almost everything is going down and solitaires are not exceptions. This may be good time for investment.

As export market slows down, production cut is obvious.

Jyoti Kothari


Gemscart 7 years ago

Hi Jyoti,

Diamond trade is in crisis. Price of solitaires going down. Few consumers for small diamonds. What about production in India?


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

India is a nice country for business. Welcome to India.

Jyoti Kothari

More info at: http://vardhamangems.webs.com


Perfect Diamond ™ 7 years ago

I'm impressed about India's economic growth. India is my favorite country for it has everything that I love. I'm planning to migrate to India and work in the Gem & Jewelry Industry.


JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur Author

I am thankful to you being proud to be Indian. India has really geared up.

jyoti


soni2006 profile image

soni2006 8 years ago from New Delhi, India

The topic, title, keywords, and overall this hub is really nice. It will go up in the search engines too in the coming days. Well done Jyoti for this informative hub on Indian diamonds and solitaires. This make me proud to be an Indian.

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.


    Click to Rate This Article
    working