Union Commerce and Industry Minister Piyush Goyal reiterated India’s commitment to enhancing credibility, compliance, and consumer trust in the global natural diamond industry as the 2026 Kimberley Process (KP) Intersessional Meeting concluded in Mumbai under India’s leadership.

Speaking at the closing session, he emphasized that India, as a leading global hub for diamond cutting and polishing, is dedicated to ensuring that the diamond trade remains transparent, responsible, and trustworthy. He added that India will continue collaborating with all stakeholders to strengthen the Kimberley Process certification framework.

Goyal stressed that India is focused on the “3Cs”—credibility, compliance, and consumer confidence—and aims to ensure the KP remains relevant in a fast-changing global market. He also highlighted that the natural diamond sector provides livelihoods to millions and reaffirmed India’s commitment to promoting a fair and transparent ecosystem.

The four-day event saw participation from KP members, observers, industry representatives, and civil society groups, with discussions centered on improving governance, monitoring systems, statistical accuracy, and transparency in the diamond trade. KP Chair 2026 Suchindra Misra noted that the deliberations reflected a shared effort to maintain the effectiveness of the Kimberley Process.

Established by a UN resolution in 2000, the Kimberley Process Certification Scheme is designed to prevent conflict diamonds from entering the global supply chain and to encourage responsible sourcing. The outcomes of the Mumbai meeting will be presented at the upcoming KP Plenary scheduled in New Delhi later this year.