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Bhansali emphasised that even at similar price points, expectations have evolved: That feeling of buying something special even at the same price point is very, very important. He also pointed to emerging demand pockets in India: Where we see consistent demand is thirty to fifty thousand for gifting, or in that one to two lakh range where somebody can finally afford a one or two carat diamond. Also Read: Why Indias Jewellery Industry Is at a Turning Point Design Meets Experience As competition intensifies, differentiation today goes beyond design alone