Diamond jewellery see recovery in demand; Forevermark remains bullish in India market: De Beers
Even as there was a complete shutdown of business in June quarter due to COVID-19 related disruptions, diamond jewellery witnessed sharp recovery from October onwards and the industry is expected to do 70-85 per of last year's sales, De Beers India Managing Director Sachin Jain has said
I would certainly predict that we will be back to between 70-85 per cent, of 2019. We will certainly be lower than last year, but not to a tune that it is unrecoverable, Jain told PTI. Source: Reuters