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The natural diamond industry is shaping a brighter future for millions.

The natural diamond industry is a powerful force in India, particularly in Surat, the global diamond cutting and polishing hub. Here, the sector directly provides livelihoods to nearly one million people. The newly constructed Surat Diamond Bourse, now the world’s largest office building, is a testament to this booming sector. India cuts and polishes nearly 90% of the world’s natural diamonds, and artisans within the country make a significant portion of the fine jewelry featuring these gems. However, beyond the glittering image of natural diamonds, the industry’s influence extends far deeper into India’s social fabric, especially in rural areas. While Indian diamond companies are renowned for their expertise in transforming rough stones into polished gems, their most profound impact may be how they leverage their success to uplift vulnerable communities.

One of the natural diamond industry’s most significant contributions is its investment in large-scale water management initiatives vital to some of India’s most underserved regions. Through projects that restore rivers, rejuvenate lakes, and construct dams, the industry is addressing the critical challenge of water scarcity in rural areas. These initiatives ensure reliable access to clean water, improving agricultural productivity, supporting public health, and enhancing the quality of life for millions. The efforts have stabilized the water supply and brought about lasting positive change. This demonstrates the industry’s far-reaching influence, extending beyond luxury into driving meaningful social and environmental progress in the world’s most populous country.

One of the most significant contributors to water restoration in India’s diamond industry is Hari Krishna Exports (HK), which launched an initiative called “Mission River.” This ambitious project aims to restore rivers and lakes, particularly in regions where water scarcity is most prevalent. Since its inception, the program has restored 155 rivers and lakes, a staggering achievement currently storing at least 20 billion liters of water.

This initiative has directly benefited over 250,000 farmers who depend on reliable water sources for irrigation, ensuring the sustainability of their crops. Improved irrigation in the affected areas has increased farming yields by up to 100%, stabilizing local food production and mitigating the risk of waterborne diseases. These benefits also extend to local ecosystems, bolstered by the increased water flow, thus supporting biodiversity in otherwise arid regions.

Jayshree Ben Butiliya, an Anganwadi worker, spent years witnessing the devastating effects of malnutrition as barren fields and scarce water left families unable to feed their children adequately. But everything changed when Mission River began rejuvenating the land with much-needed water. Crops started to thrive, and families could grow their own food. Jayshree saw firsthand how, once frail and malnourished, children became healthier and stronger. For Jayshree, Mission River was more than just a water project; it was a beacon of hope that fundamentally reshaped the future of her community.

A platinum ring featuring an Asscher-cut, 21.37-carat diamond will lead Doyle’s upcoming Important Jewelry auction with a high estimate of over half a million dollars.

The ring, with its H-color, VS2-clarity center stone between two baguette diamonds, has an estimated price range of $350,000 to $550,000, Doyle said last week.

It is one of three platinum diamond rings among the top lots at the sale, which will take place on October 30. The second ring sports an emerald step-cut, 9.83-carat center stone and carries an estimate of $125,000 to $175,000, while the third features an emerald-cut, 5.13-carat diamond and an expected price tag of $80,000 to $120,000.

The auction will also showcase three gold, diamond, and ruby pendant clip-brooches by René Boivin that once belonged to New York socialite Babe Paley. These pieces, which come with two suede straps that can turn the brooches into necklaces, are set to fetch between $120,000 and $180,000.

Additionally, the sale will feature an array of jewels from renowned houses such as Bulgari, Cartier, and Van Cleef & Arpels, ranging from antique through modern pieces.

Prior to the auction, the lots will be on display at Doyle’s regional locations across the US, including Boston, Beverly Hills, and Palm Beach, Florida, culminating in a New York showcase that will run from October 26 to 28.

Keith is the best! Incredibly knowledgeable, kind, and honest. Great service, and can’t wait to go back and get our wedding bands. 10 out of 10 experience

Keith was a very experienced and professional jeweler that showed he cared about creating the perfect engagement ring! He really made this experience special and I would highly recommend anyone to trust his expertise. He takes his time to show the differences between quality of diamonds and has a budget for everyone. If you want an experience that you’ll never forget, Keith is your guy! Thanks again for your help and making this experience unforgettable!

– Joe & Kim