Tanishq sees natural diamond jewellery demand pick up since January: CEO Arun Narayan
Jewellery exchange now features in over 50% of store purchases; Tanishq expects festive momentum to sustain
Bengaluru: Tanishq has seen a renewed uptick in demand for natural diamond jewellery since January 2026, after a period of softness lasting around two years, alongside sustained interest in gold jewellery , Arun Narayan, CEO of Tanishq, told ETRetail. The company is seeing heightened interest across diamond jewellery price points, from affordable collections to high-value pieces, Narayan said, adding that the recovery was visible across its brands, including Tanishq, Mia and Zoya. “Whilst there was a bit of a softness, I think over two years in natural diamond jewellery, pretty much from January, we are seeing a lot of heightened interest,” he said. Advt
Narayan said some consumers had deferred diamond purchases over the past year or two amid mixed signals and shifted their spending towards gold jewellery. Since January, however, the company has seen renewed interest in natural diamonds. “Since January, we are seeing equal interest in both. And certainly a heightened interest in specifically natural diamond jewellery,” he said. Tanishq has launched diamond collections across different price bands, including products priced below Rs 50,000 and between Rs 50,000 and Rs 1 lakh, as part of its Festival of Diamonds initiatives. Its signature collection, including a collaboration with Rahul Mishra, has also received a good response, Narayan said.
He said India should be viewed as a market for both natural and lab-grown diamonds rather than one where the two compete on an either-or basis.
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