A senior delegation from Namibia, headed by Deputy Minister Gaudentia Krohne, is in India to explore trade opportunities with Indian counterparts in diamonds after the introduction of ground breaking tax reform.
Namibia is looking to leverage India’s large diamond manufacturing base and established trading infrastructure to bring its rough diamonds closer to Indian buyers.
Namibia highlights diamond quality
“Namibia is having the best quality of diamonds in the world. We do not have the quantity, but we have the best quality. That’s why I am really proud to come from Namibia and talk about the Namibian diamonds in India,” said Krohne.
The delegation also sees potential in using India’s diamond trading platforms to showcase and sell Namibian rough diamonds.
India offers scale and infrastructure
“We can bring our diamonds here, showcase them here and even sell them. If this platform created by India is already being used by other countries, why can Namibia not make use of it too,” she said.
Namibia produced 2.09 million carats of diamonds valued at $721.4 million in 2025, according to Kimberley Process data. Its average production value of $343.88 per carat was the highest among producing countries.
Namibia ranks fifth by value
Namibia was the fifth-largest diamond producer by value in 2025, accounting for about 8% of global rough diamond production by both volume and value. It exported 2.04 million carats worth $578.4 million during the year.
India was the world’s largest rough diamond importing market in 2025, importing 106.09 million carats worth $11.07 billion. This represented 40.24% of global imports by volume and 43.25% by value.
Tax framework may boost trade
For Namibia, India’s manufacturing capacity and diamond-market infrastructure, coupled with the proposed long-term tax certainty, could provide a stronger route for closer bilateral diamond trade.
The framework could also support greater international rough diamond trading activity through India’s Special Notified Zones.