In the 14th century, the diamond-cutting industry emerged in Venice, later spreading to Paris, Bruges, and Antwerp. The demand for diamonds grew, leading to increased production. However, it was the discovery of diamond deposits in South Africa in the 1870s that transformed the diamond industry’s landscape.
Despite diamonds being associated with India for centuries, it was the Portuguese navigator Vasco da Gama who opened a direct sea route to India, facilitating the transfer of these precious stones to Europe. The French crown jewels sold in 1887 further fuelled the fascination with diamonds, making them a symbol of wealth and power.
The significance of diamonds in ancient Indian society was profound, with a separate profession called "Mandalins" dedicated to the study of diamonds. The properties and magical powers of diamonds were meticulously recorded and implemented in social life. Diamonds were not just adornments but also used as cutting tools, talismans against evil, and were believed to offer protection in battle.