The world has never seen a diamond that’s so expensive, or one so scarce.
But the diamond, worth more than $1 billion, is on sale for the first time in the country.
It is the second diamond on the list, following a 1,600-carat one in the Indian city of Agra in 2013.
The Agra diamond was one of several sold in the first half of 2018, a year that saw a sharp rise in diamond prices.
It’s not just the price of diamonds that has gone up.
Prices have soared in India, too, with one diamond in the top 10 selling for more than 10 times the price at auction.
“We are witnessing a rapid increase in demand for diamond jewellery in India.
People want to buy it, and they are going to pay for it,” said Anjali Bhattacharya, a diamond analyst at NTD Diamonds, a research firm in Mumbai.
While prices are soaring in India for many of the diamonds, they have also jumped in the last year, which has led to an increase in the number of people buying diamonds in India and an increase of sales of the diamond to international buyers.
India is also seeing an increase on the global diamond market.
It is the world’s largest diamond market, with some estimates indicating it will be worth $3 trillion by the end of 2020.
And prices are rising as well.
In February, the government said that it would buy up to 100 million tonnes of diamonds a year by 2020.
“The world is becoming more and more aware of the quality of the materials used in diamonds, and of the fact that it is extremely expensive to produce,” said Vijay Bhatt, a senior analyst at the India Diamond Association.
In India, the demand for diamonds is driven by the country’s diamond mining industry.
The industry has been struggling to diversify away from diamond-making and towards higher-grade products such as jewelry.
It has faced a shortage of diamonds and the government has also sought to control its prices.