Lab Grown Diamonds

Ordinary diamonds are strong but can slip along certain planes. Hexagonal diamonds, also called lonsdaleites, have a tighter atomic pattern. Past lab efforts often produced standard cubic diamonds instead.

Lab-grown diamond jewellery startup Firefly Diamonds raises $3 million in funding led by WestBridge

The fresh capital will be used to expand the company’s retail presence and fuel research and development for new jewellery collections. Firefly currently has stores across four cities – Mumbai, Pune, Bengaluru, and Hyderabad, and plans to enter over 20 locations the next two years.

Lab-grown diamond jewellery startup Aukera in talks to raise $15 million in funding from Peak XV

The fresh capital will help the company scale its operations amid increasing competitive intensity in the India’s $2.6 billion LGD market. Existing backers, including Fireside Ventures, are expected to participate in the round.

Diamond exporter Goldiam's shares rise 9% on plans to explore manufacturing facility in USA

A manufacturing facility closer to the US clients may mean Goldiam could save on shipping cost and processing, as well as avoid import tariffs on jewellery, aside of easier compliance to local regulations.

IGI today is very different from when we bought it 18 months ago: Blackstone MD Roongta

The IGI IPO, which opens on December 13, values the company at Rs 16,545 crore ($1.95 billion), almost 3.5 times its valuation about 18 months ago

GJEPC urges govt to lay stringent rules for mandatory disclosure of natural, lab-grown diamonds

In a communication to the Department of Consumer Affairs, the council has said that ensuring transparency and implementing clear and standardised guidelines are essential to protect consumers and maintain the integrity of the domestic industry.

India's lab-grown diamonds: Finally their time to shine?

India is a leader in the Chemical Vapor Deposition (CVD) method of producing lab-grown diamonds.

India’s bet on lab-grown diamonds: What will it take to lead the world?

Recent measures unveiled in the budget including a focus on lab-grown diamonds (LGDs) and a reduction in basic customs duty on the seeds used in their manufacture are expected to boost exports in the diamond industry and could make India a world leader in the LGD market.

Indian lab-grown diamonds set for a bigger sparkle after import duty removal, govt push

The domestic industry expects that the awareness created by the government about the quality of such diamonds will lead to a huge shift in consumer preference towards them in India.

MC Explains | Lab-grown diamonds get extra shine on lower customs levy

Budget 2023 for Lab-grown Diamonds: Here are the answers to all queries related to Lab grown diamonds - Are lab-grown diamonds any different from naturally occurring diamonds? What are lab-grown diamonds? How are lab-grown diamonds made? How is the reduced custom duty on the lab-grown diamond seeds going to play out for the jewellery sector?

Budget 2023: IITs to receive research grants for lab grown diamonds

"Lab grown diamonds is a technology and innovation and energy driven sector with high employment potential," the FM said.

Jewellery sector to witness significant growth in export: Vipul Shah

Speaking about the precious metals market outlook, Vipul Shah took an optimistic stance on achieving targets set by the Ministry of Finance, provided that the Ukraine-Russia crisis does not affect supply.

Ideas For Profit | Goldiam International

Goldiam is a niche jewellery manufacturer focussed on export markets with product profile of lab grown diamonds, and selling narrow range of diamond to established retailers. Faster than expected ramp up in the online and lab grown business along with the recent buy-back programme can lead to further increase in the earnings estimates and drive re-rating. Here’s why.