Diamonds from India
15 February 2016 / Blog
Diamonds have been known and valued in India for at least the last three thousand years. Until the commercial development of diamonds from South America in the 1730’s, India held a virtual monopoly on the world diamond market. Even today India is one of the most important sources of diamonds in the world and the diamond industry is a major contributor to the economy of India. It is estimated that hundreds of thousands of people have been pulled out of rural poverty by working in the diamond industry. Ninety percent of the diamonds produced today are polished in India!