Namibia Delegation Explores Direct India Diamond Trade Following Groundbreaking Tax Reform

Namibia signals stronger direct rough diamond trade with India as new tax incentives open the door to greater international sourcing through India’s notified diamond hubs. 
Namibia Delegation Explores Direct India Diamond Trade Following Groundbreaking Tax Reform
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A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, Namibia, visited GJEPC Head Office for a B2B engagement focused on strengthening cooperation between Namibia and India’s diamond industry.

The delegation included:

* Mr. Rehabeam Nepaya, Deputy Director, Diamond Affairs

* Ms. Secret Ruhaka, Diamond Inspector

* Mr. Titus Amukwelele, Diamond Inspector

* Mr. Balchand Jain, Honorary Consul of Namibia in Mumbai

The delegation was welcomed by Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC; Mr. Ashish Borda and Mr. Bharat Ghori, Members – Diamond Panel, GJEPC; and Mr. Sabyasachi Ray, Executive Director, GJEPC.

Key Highlights: 

* Namibia’s 2025 production: 2.09M carats worth US$721.4M, at a record US$343.88/carat.

* Global standing: Namibia ranked 5th by value, contributing ~8% of global rough diamond production.

* India’s scale: India imported 106.09M carats worth US$11.07B in rough diamonds in 2025.

* Trade opportunity: Namibia expressed interest in bringing rough diamonds to India for showcasing and sale.

* Tax opportunity: Proposed 15-year tax exemption for rough diamond trading through notified SNZs at BDB and Surat Diamond Bourse.

* Future collaboration: GJEPC is exploring a potential MoU with Namibia to deepen direct diamond trade.

With Namibia’s exceptional rough diamond quality and India’s world-leading manufacturing and trading ecosystem, the engagement opens promising avenues for deeper India–Namibia collaboration and greater access to Namibian rough diamonds for Indian buyers and manufacturers.

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