Authors: Mrs. Shetva Shah, Muskan Gupta, Dixita mundhara
Abstract: The rise of digital technologies, automation, and robotics is causing a significant upheaval in the diamond business, which has historically been characterized by its craftsmanship and labor-intensive procedures. This study looks at how innovations like automated cutting machines, blockchain for supply chain transparency, and AI-powered sorting are transforming the business. These technologies increase accuracy, efficiency, and cost savings, but they also raise serious concerns about labor adaptation, job security, and organizational culture This study evaluates managers', employees', and industry leaders' opinions of automation adoption through exploratory research, case studies, and survey-based analysis. The results show that although automation increases efficiency, lowers operating costs, and improves precision, it also presents issues with worker resistance to change, job displacement, and skill transformation. The study also identifies tactics used by businesses to deal with ethical issues, personnel upskilling, and organizational adaptation to digital transformation. Through the use of descriptive and inferential statistical analysis, this study sheds light on labor readiness, industry-wide changes, and the level of automation adoption. The study adds to the larger conversation on how conventional businesses may use technology while preserving long-term job trends. In managing the shift to a more technologically advanced yet human-centered diamond business, the findings provide insightful advice for stakeholders, policymakers, and industry executives.
