In This article I will highlight important places known for their variety and trading significance while discussing the best diamond markets in India.
These markets range from Surat’s diamond cutting skills, Ahmedabad’s busy diamond markets, Jaipur gem city of India,ermining the rich traditions of India, to Mumbai’s vibrant markets. This is an interesting place for anyone who loves diamonds and jewelry.
Key Points & Best Diamond Markets In India List
Location | Key Point |
---|---|
Surat Diamond Market | Major diamond cutting & trading hub |
Mumbai Zaveri Bazaar | Famous for traditional jewelry shops |
Bharat Diamond Bourse (Mumbai) | World’s largest diamond trading center |
Jaipur Johari Bazaar | Renowned for precious gemstones |
Kolkata Bowbazar | Historic jewelry and diamond market |
Chennai T. Nagar | Popular for gold jewelry shopping |
Delhi Chandni Chowk (Dariba Kalan) | Traditional jewelry & silver market |
Hyderabad Basheerbagh | Key center for pearls and diamonds |
Bangalore Commercial Street | Known for trendy and modern jewelry |
Ahmedabad Manek Chowk | Famous for gold and silver markets |
10 Best Diamond Markets In India
1.Surat Diamond Market
Surat Diamond Market is one of the best diamond markets in India and a global hub for diamond cutting and polishing. Located in Gujarat, Surat handles over 90% of the world’s rough diamond processing, making it a crucial center for the diamond industry.
The market is renowned for its skilled artisans who transform raw stones into sparkling gems with precision and craftsmanship. With a vast network of wholesalers, retailers, and exporters, Surat plays a pivotal role in the global diamond supply chain.

Its competitive prices, vast variety, and efficient infrastructure attract buyers and traders from across the world, solidifying its reputation as India’s diamond capital.
Features |
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Handles over 90% of the world’s diamond cutting and polishing |
Hub for skilled diamond artisans |
Wide variety of diamonds at competitive prices |
Major exporter and wholesaler |
Advanced infrastructure for diamond processing |
2.Mumbai Zaveri Bazaar
Mumbai’s Zaveri Bazaar is one of the best and oldest diamond and jewelry markets in India, famous for its traditional architecture and vast stones of gold jewelry and charms.
It is geographically located in the heart of Mumbai, which makes it easier to serve as a major trading hub for diamonds, pearls, and precious gems, attracting buyers from both retail and wholesale markets.

The craftsmen in the market are known for their skills, the prices are low, and there are many types of jewelry from classics to modern styles.
Due to having a strong connection with Zaveri Bazaar, it has remained a trusted destination for quality diamonds and jewelry which makes Zaveri Bazaar an essential place for everyone, be it traders or shoppers.
Features |
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Oldest and most traditional jewelry market in Mumbai |
Known for gold, diamond, and precious stone jewelry |
Attracts wholesale and retail buyers |
Skilled craftsmanship with authentic designs |
Competitive pricing and deep-rooted trust |
3.Bharat Diamond Bourse (Mumbai)
Located in Bandra Kurla Complex Mumbai, the Bharat Diamond Bourse (BDB) is one of the largest centers of diamond trading in the world.
It acts as a modern nucleus for the diamond trade industry, integrating traders, exporters, and thousands of manufacturers to facilitate diamond trading in India and across the globe.

BDB has a sophisticated system of security and modern infrastructure which make trading and transactions easier.
They also manage a large percentage of India’s diamond import and export, which emphasizes the importance of India in the diamond trade internationally. BDB reflects the advancements that India has made with the diamond industry and Bourse.
Features |
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World’s largest diamond trading complex |
Located in Bandra Kurla Complex, Mumbai |
State-of-the-art security and infrastructure |
Houses thousands of traders and exporters |
Streamlined and transparent trading environment |
4.Jaipur Johari Bazaar
Johari Bazaar, based in Jaipur, is known for its lavish diamonds and stone collections. Uniquely striking jewelry designs are constructed following Rajasthani goldsmithing traditions.
As the cornerstone of India’s diamond bazaar, this place is attractive to both native citizens as well as global tourists. Some of the carved pieces of elaheh that were found eloped a deep contrasting beauty with modernity which fetch attention on each corner of Johari Baazaar.

The gems sealed from this place are famous worldwide, is why it is considered the heart of gem stones. Johari Bazzar is the first place to set foot in if you wish to know indias exquisite gem culture alongside experiencing something that goes beyond treasured diamond jewelries.
Features |
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Famous for precious and semi-precious gemstones |
Rich heritage in traditional Rajasthani jewelry |
Skilled artisans specializing in intricate designs |
Blend of traditional and modern styles |
Popular with local and international buyers |
5.Kolkata Bowbazar
Bowbazar is among the most famous diamond and jewelry markets in India because of its trade and historical significance.
It is located in the center of Kolkata which makes it a primary hub for wholesale and retail jewelry dealing in diamonds, gold, and other precious stones.

The market is popular for its price and vast selection of both traditional and modern jewelry. Due to its long-standing custom of trading gems
Bowbazar attracts traders, artisans, and customers who are in search of good quality diamonds and expert craftsmanship. This market is important in helping to retain Kolkata’s status as the jewelry capital of eastern India.
Features |
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Historic center for diamond and jewelry trade |
Known for gold, diamonds, and precious stones |
Competitive pricing for wholesale and retail buyers |
Traditional and contemporary jewelry designs |
Important hub for eastern India’s gem market |
6.Chennai T. Nagar
Chennai’s T. Nagar is one of the busiest and best jewelry and diamond markets in India because of its extensive collection of gold and diamond jewelry.
Situated in a metropolitan area, T. Nagar is a favorite shopping destination among thousands of buyers, both retail and wholesale, especially during festive seasons.
The market has an extensive collection of expertly crafted diamond-studded jewelry which amalgamates South Indian traditional designs with contemporary modern styles.

T. Nagar is a highly competitive jewelry market in India, well recognized for its competitive pricing and trusted jewelers, which makes it a reliable purchase site for quality diamonds.
Features |
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One of the busiest diamond and jewelry markets in South India |
Large variety of gold and diamond jewelry |
Mix of traditional South Indian and modern designs |
High footfall during festivals and sales seasons |
Trusted jewelers offering competitive prices |
7.Delhi Chandni Chowk (Dariba Kalan)
Chandni Chowk’s Dariba Kalan, located in Delhi, is one of the oldest and unrivaled diamond and jewelry markets in the country. Outfitted with rich history and traditional appeal, Dariba Kalan is home to fine diamond and precious stone jewelry made by talented artisans.
The market offers great value for money and authentic designs ranging from modern trends to classical pieces.

It is well-known as a diamond jewelry shopping center for residents and travelers alike. Chandni Chowk has a very colorful environment which along with the honest jewelers makes it one of the top spots for diamond lovers in India.
Features |
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One of the oldest and most traditional markets in India |
Specializes in diamonds, silver, and gold jewelry |
Rich cultural and historical significance |
Skilled artisans with authentic craftsmanship |
Popular among tourists and local buyers alike |
8.Hyderabad Basheerbagh
Basheerbagh, situated in Hyderabad, is said to be one of the necklace and diamond stores in India, and continues to flourish due to its exquiste jewelery craftsmanship.
The market has a diverse stock of diamonds, gold, and other precious stones suitable for retail and wholesale buyers.

The skilled artisans from Basheerbagh’s have a Hyderabadi fusion style which helps them craft modern styled jewelry. The market offers competitive prices along with variety enabling it to stand out as a leading diamond jewelry seller.
Basheerbugh confirms its stance as a diamond trade center due to its various strategic locations and merchants.
Features |
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Important diamond and gemstone trading center in South India |
Blend of traditional Hyderabadi and contemporary jewelry |
Skilled craftsmanship with intricate designs |
Wide range of diamonds and precious stones |
Competitive pricing and trusted jewelers |
9.Bangalore Commercial Street
Bangalore Commercial Street is one of the best places to buy diamonds and jewelry in India. It is well-known for its exciting vibe and wide variety of collections.
The market garners attention from both casual shoppers and serious buyers because it offers a lot of diamond-studded jewelry, gold, and precious gemstones.

The skilled jewelers at Commercial Street adapt to many budgets and to the different tastes of their clients by offering contemporary designs alongside traditional craftsmanship.
Jewelry enthusiasts coming from all around the city and even outside of it find Bangalore Commercial Street a fond place to visit because of its overall atmosphere; including its lively vibes and central location.
Features |
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Popular shopping destination with diamond and jewelry outlets |
Offers trendy and traditional jewelry designs |
Competitive pricing suitable for various budgets |
Attracts both casual shoppers and serious buyers |
Central location with vibrant market atmosphere |
10.Ahmedabad Manek Chowk
Manek Chowk is considered one of the finest diamond and jewelry markets in India. The market is famous for its diamonds, gold and silver jewelry and for its high spirited people as well as rich legacy.
The manifold jewelry pieces offered range from retail to wholesale, ensuring that every customer is catered to. Furthermore, the competency of Manek Chowk’s artisans is cherished since they are able to create traditional and modern designs which embody the cultures of Gujarat.

Due to original craftsmanship and the skillful hands working on quality diamond jewelry, Manek Chowk has become increasingly appreciated. Even today, it stands as a crucial center of India alongside Ahmedabad for buyers and merchants looking for stunning jewelry.
Features |
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Bustling market known for gold, silver, and diamond jewelry |
Rich cultural legacy reflected in jewelry designs |
Skilled artisans creating intricate traditional pieces |
Competitive prices attracting wholesale and retail buyers |
Key trading hub in Gujarat for quality jewelry |
Conclusion
In summary, India’s top diamond markets, which include Surat’s diamond cutting skills, the Bharat Diamond Bourse in Mumbai, and Jaipur’s diamond city, illustrate the immense skill and enterprise the country possesses.
Every market has something different to offer—tradition, diversity, or contemporary development— which allows India to serve as a diamond hub. Collectively, they guarantee superior quality, affordable prices, and reliable jewelry to customers around the world.
FAQ
Which is the largest diamond market in India?
Surat Diamond Market is the largest, handling over 90% of the world’s diamond cutting and polishing.
Where is the Bharat Diamond Bourse located?
It is located in Mumbai’s Bandra Kurla Complex and is the world’s largest diamond trading center.
Which market is famous for traditional Rajasthani gemstone jewelry?
Jaipur’s Johari Bazaar is renowned for its exquisite traditional gemstone and diamond jewelry.