In February of this yr, the Indian government announced a $US30 million five-year analysis grant to assist the indigenisation of lab-created production in India. To perceive the importance of lab-created diamonds, it’s essential to first review the chronology that brings us to the present situation. Over the past 20 years, the landscape for lab-created diamonds has altered dramatically. With that in thoughts, the entire impact on the natural diamond commerce by the introduction of lab-created diamonds continues to be not entirely understood or quantified. It’s been stated earlier than that there’s by no means a boring day within the worldwide diamond trade.
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- What started as high-profile watch and jewelry brands establishing ‘Flagship’ shops – purported to assist unbiased stockists – has, in