Diamond Registry

Nissan Perla
Chat With An Expert
Contact us! →
Diamond Registry: Global expertise in loose diamonds since 1961. Unparalleled service for all your diamond needs. Learn more.

India Urging Miners To Be ‘Responsible’ About Rough Supply

Updated on May 2, 2024

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

Table of Contents

wedding ring engagement ring diamond jewelry
Published on March 26, 2024
Updated on May 2, 2024

India has long been a hub for diamond processing and trading, playing a pivotal role in the global diamond supply chain. As the industry evolves and places increasing importance on ethical and sustainable practices, India is urging miners to be ‘responsible’ about their rough diamond supply. This blog explores the context, motivations, and implications of India’s call for responsible sourcing in the diamond industry, shedding light on the challenges and opportunities faced by the sector.

What makes us your trusted partner

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

India’s Diamond Industry: A Global Hub

India’s involvement in the diamond trade dates back centuries, with roots in the city of Surat. Over time, the nation has grown to become a global center for diamond processing, manufacturing, and trading. India’s skilled artisans are renowned for their precision and craftsmanship, making the country an indispensable part of the industry.

The Diamond Cutting and Polishing Hub

India is where rough diamonds from around the world are transformed into dazzling gems. The city of Surat, in particular, is famed for its diamond cutting and polishing units, where skilled workers transform rough stones into intricately faceted jewels.

Ethical Concerns in Diamond Sourcing

In recent years, the diamond industry has been under increased scrutiny concerning ethical and sustainable practices. Consumers are becoming more conscious of the origins of their purchases, leading to a demand for diamonds that are sourced responsibly and do not contribute to conflict, exploitation, or environmental harm.

The Rise of Ethical Diamonds

The emergence of ethical diamonds, which include those that are conflict-free, responsibly sourced, and traceable to their origins, reflects changing consumer preferences. These diamonds provide transparency and assurance to buyers that their purchases align with ethical values.

India’s Push for Responsible Sourcing

Recognizing the evolving dynamics of the diamond industry and the expectations of responsible sourcing, India is urging miners to adopt ethical and sustainable practices. This call is aimed at ensuring that the diamonds entering India’s cutting and polishing units meet the highest ethical and environmental standards.

Supporting Ethical Initiatives

India’s push for responsible sourcing aligns with global initiatives such as the Kimberley Process Certification Scheme, which aims to prevent the trade in conflict diamonds. By supporting these initiatives, India underscores its commitment to ethical diamond sourcing.

Challenges in Responsible Sourcing

One of the primary challenges in responsible sourcing is achieving traceability and transparency throughout the supply chain. Tracking a diamond’s journey from mine to market can be complex, involving multiple intermediaries and potential gaps in information.

Artisanal and Small-Scale Mining

Artisanal and small-scale mining (ASM) operations present unique challenges in responsible sourcing. Many of these operations lack the infrastructure and oversight necessary to ensure ethical and sustainable practices.

The Role of Certification

The Kimberley Process Certification Scheme (KPCS) is a critical tool in responsible sourcing. It requires that rough diamonds be certified as conflict-free, helping to ensure that diamonds do not finance armed conflict.

Beyond the Kimberley Process

While the KPCS has made significant strides in addressing conflict diamonds, responsible sourcing goes beyond conflict prevention. It encompasses a broader range of ethical and environmental considerations.

Conclusion

India’s call for miners to be ‘responsible’ about their rough diamond supply reflects the changing landscape of the diamond industry. As consumers increasingly prioritize ethical and sustainable practices, responsible sourcing becomes essential for maintaining the industry’s reputation and meeting market demands. The challenges in responsible sourcing are substantial, but the benefits are far-reaching. Consumer confidence, industry reputation, and the well-being of communities affected by diamond mining all stand to benefit from ethical and sustainable practices. India’s push for responsible sourcing serves as a reminder that the diamond industry must continue to evolve to meet the ethical and environmental expectations of a changing world.

Have any questions? Contact us!

Related Reading

2 Carat Diamond Price

Published on March 22, 2024 Updated on August 9, 2024 As diamond experts, we will cover factors affecting 2-carat diamond costs, price ranges based on

Read More »

Client Reviews

Rebecca Schott
Rebecca Schott
Read More
Nissan, David and his team were extremely accommodating, understanding and patient with our purchase. They took the upmost care to find the best solution for our needs and went above and beyond normal ‘customer service’ standards. I have absolutely no qualms recommending their products and services. Both were absolutely flawless. I will continue to sing them praises and will most definitely purchase from them again in the future. Thank you again!
Gershom Menachem
Gershom Menachem
Read More
Great team of diamond experts who show personal care for the client’s needs and aftersales service. They really go the extra mile to make it happen no matter the challenges ahead. Rush orders, international shipping, upgrade service, jewelry repair, large diamonds, small items, precious stones. Very honest and open information to the clients. You will feel like talking to a friend.
Thom P.
Thom P.
Read More
Bought a beautiful stone here for an engagement ring. I was a little apprehensive since you’re buying something unseen. But Cid made it easy. In fact, Nissan, the owner also gave a call to make me more comfortable. They sent me the stone to take to a local jeweler with only my Amex in case I bailed on them.
Previous
Next

Submit your details and our experts will contact you with price information