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Home » Blog » 10 Best Diamond Markets in India – Top Places To Buy Quality Diamonds
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10 Best Diamond Markets in India – Top Places To Buy Quality Diamonds

Gixona
Last updated: 30/09/2025 6:07 PM
Gixona
4 months ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
10 Best Diamond Markets in India – Top Places To Buy Quality Diamonds
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In This article I will highlight important places known for their variety and trading significance while discussing the best diamond markets in India.

Contents
  • Key Points & Best Diamond Markets In India List
  • 10 Best Diamond Markets In India
    • 1.Surat Diamond Market
    • 2.Mumbai Zaveri Bazaar
    • 3.Bharat Diamond Bourse (Mumbai)
    • 4.Jaipur Johari Bazaar
    • 5.Kolkata Bowbazar
    • 6.Chennai T. Nagar
    • 7.Delhi Chandni Chowk (Dariba Kalan)
    • 8.Hyderabad Basheerbagh
    • 9.Bangalore Commercial Street
    • 10.Ahmedabad Manek Chowk
  • Conclusion
  • FAQ
    • Which is the largest diamond market in India?
    • Where is the Bharat Diamond Bourse located?
    • Which market is famous for traditional Rajasthani gemstone jewelry?

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

LocationKey Point
Surat Diamond MarketMajor diamond cutting & trading hub
Mumbai Zaveri BazaarFamous for traditional jewelry shops
Bharat Diamond Bourse (Mumbai)World’s largest diamond trading center
Jaipur Johari BazaarRenowned for precious gemstones
Kolkata BowbazarHistoric jewelry and diamond market
Chennai T. NagarPopular for gold jewelry shopping
Delhi Chandni Chowk (Dariba Kalan)Traditional jewelry & silver market
Hyderabad BasheerbaghKey center for pearls and diamonds
Bangalore Commercial StreetKnown for trendy and modern jewelry
Ahmedabad Manek ChowkFamous 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.

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Surat Diamond Market

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
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.

Mumbai Zaveri Bazaar

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.

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Features
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
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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.

Bharat Diamond Bourse (Mumbai)

BDB has a sophisticated system of security and modern infrastructure which make trading and transactions easier.

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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
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.

Jaipur Johari Bazaar

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
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.

Kolkata Bowbazar

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
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.

Chennai T. Nagar

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
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.

Delhi Chandni Chowk (Dariba Kalan)

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
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.

Hyderabad Basheerbagh

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
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.

Bangalore Commercial Street

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
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.

Ahmedabad Manek Chowk

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
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.
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