India & Kimberley Process: Enhancing Relevance

Mumbai, May 15 (PTI) Union Commerce and Industry Minister Piyush Goyal on Friday said the country remained committed to advancing the 3Cs - Credibility, Compliance and Consumer Confidence - and working with all participants and stakeholders to strengthen the Kimberley Process's (KP) relevance in a rapidly evolving global marketplace.

India, as the world's leading centre for diamond cutting and polishing, recognises the vital role of the KP in ensuring that natural diamonds remain a symbol of trust, responsibility and shared prosperity, Goyal said at the conclusion of Kimberley Process Intersessional 2026 under India's Chairship.

The minister further said the natural diamond sector sustained millions of livelihoods across producing, processing and consuming nations, and India will continue to champion a KP that is robust, transparent and responsive to both industry and consumer expectations.

The Kimberley Process Certification Scheme (KPCS) is an international regulatory system designed to prevent "conflict diamonds"-also known as blood diamonds-from entering the mainstream market.


During the Intersessional, Working Groups and Committees held discussions on monitoring, technical processes, governance, statistics and artisanal production, with a sustained focus on strengthening transparency, improving operational mechanisms and reinforcing trust across the natural diamond value chain.

The discussions held during the Intersessional will carry forward into the KP Plenary scheduled to be held in New Delhi later this year, with a continued focus on credibility, compliance and consumer confidence under India's Chairship through 2026.

The Gem and Jewellery Export Promotion Council (GJEPC) chairman, Kirit Bhansali, said, "Over the last four days, we have seen constructive dialogue among governments, industry, and civil society on advancing the 3Cs framework that India has set for its Chairmanship year."

The discussions on strengthening the Kimberley Process Certification Scheme, monitoring and compliance mechanisms, artisanal production, and supply chain transparency are critical to ensuring the KP remains relevant in a marketplace shaped by transparency, sustainability, and digital verification, he stated.

GJEPC welcomes the unified focus on reinforcing trust in ethically sourced natural diamonds and on adapting the KP to evolving global challenges, he added.