Diamonds have a long and fascinating history in India. India has been associated with Diamonds for centuries and was once the worlds primary source of Diamonds.
ANCIENT ORIGINS: The art of Diamond cutting and polishing originated in India around 4th century BC. India was known for its skilled craftsmen who transformed rough diamonds into beautiful gemstones.
GOLCONDA DIAMONDS: The region of Golconda in Telangana was renowned for its high-quality Diamonds. Golconda diamonds were famous for their exceptional clarity & transparency. Historical gems like Koh-I-Noor and Hope diamonds are believed to have originated from this region.
DIAMOND TRADE: India played a significant role in the global diamond trade. The ancient trade routes connected India with other parts of the world, facilitating the exchange of diamonds and other precious gemstones. Indian merchants traded diamonds with the roman empire, Persia & various other kingdoms.
DIAMOND CUTTING AND POLISHING: Indian Diamond cutters developed innovative techniques to enhance the beauty and brilliance of Diamonds. The “Rose cut” was one such popular style that originated in India and became popular in Europe in the 16th century. Indian artisans are skilled in creating intricate Diamond jewelry, often using traditional techniques passed down through generations.
INFLUENCE ON GLOBAL MARKET: India’s influence on the diamond industry continued even after the decline of the diamond mining. In the 18th century, Diamonds from Brazil and even south Africa started flooding the market. Indian merchants established diamond trading centres in cities like Surat & Mumbai, which became crucial hubs for the global diamond trade.
MODERN DIAMOND INDUSTRY IN INDIA: Today, India is one of the largest diamond cutting and polishing centres in the world. Surat, in the state of Gujarat, is particularly renowned for its Diamond industry. Indian craftsmen are highly skilled in cutting and polishing diamonds, contributing significantly to the global supply of finished gemstones.
DIAMOND CONSUMPTION: India is also a significant market for diamonds. It has a long-standing tradition of valuing and gifting diamond jewelry during special occasions like weddings and festivals. The countries growing middle class and increasing disposable income have further boosted the demand for diamonds within the domestic market.
It is important to note that while India had a rich history and connection with Diamonds, it is no longer a significant source of diamond mining. The majority of diamonds are sourced from countries like Russia, Botswana, Canada and Australia. India’s prominence lies in its expertise in Diamond cutting, polishing and the Diamond trade.
