PM Modi’s gift to U.S. First Lady Jill Biden | All you need to know about the lab-grown diamond
1 year, 6 months ago

PM Modi’s gift to U.S. First Lady Jill Biden | All you need to know about the lab-grown diamond

The Hindu  

Prime Minister Narendra Modi, who is in the United States for a three-day State visit, has gifted an eco-friendly lab-grown 7.5-carat diamond, placed in an exquisite Kashmiri papier-mâché box, to the U.S. First Lady Jill Biden. India is promoting manufacturing of lab-grown diamond in the country and for that the government announced steps in the last Union Budget. Besides the jewellery industry, lab-grown diamonds are used in computer chips, satellites, and 5G networks as they can be used in extreme environments due to their potential to operate at higher speeds while using less power than silicon-based chips. Other famous goods which carry this tag include Basmati rice, Darjeeling Tea, Chanderi Fabric, Mysore Silk, Kullu Shawl, Kangra Tea, Thanjavur Paintings, Allahabad Surkha, Farrukhabad Prints, Lucknow Zardozi and Kashmir Walnut Wood Carving.

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History of this topic

Lab-grown diamonds to be marketed as synthetic diamonds: Official
1 month ago

Lab-grown diamonds to be marketed as synthetic diamonds: Official

Hindustan Times  

NEW DELHI: Makers of lab-grown diamonds can’t market their gems using any term other than “synthetic diamonds” and statutory guidelines will soon be framed in this regard, a senior official said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales in Botswana in 2015 The consumer affairs ministry on Tuesday held consultations to frame …

Lab-grown diamonds: Goldiam leads the charge, Trent joins the race
1 month, 2 weeks ago

Lab-grown diamonds: Goldiam leads the charge, Trent joins the race

Live Mint  

With a knack for disrupting industries, Tata Group’s Trent is now setting its sights beyond fast fashion. This move signals Trent’s intent to disrupt another fast-growing category by positioning LGDs as affordable alternatives to natural diamonds. Currently, it’s the largest listed LGD company, with LGDs contributing 49% of its total revenue, while the rest comes from natural diamond jewellery. Studded …

Lab-grown diamonds come with sparkling price tags, but many have cloudy sustainability claims
10 months, 1 week ago

Lab-grown diamonds come with sparkling price tags, but many have cloudy sustainability claims

Associated Press  

PHILADELPHIA — The muted sounds of hammering and sanding drift down to the first floor of Bario Neal, a jewelry store in Philadelphia, where rustic artwork that mimics nature hangs on warmly-lit walls. Martin Roscheisen, CEO and founder of Diamond Foundry, said via email the power VRAI uses to grow a diamond is “about one tenth of the energy required …

India’s lab-grown diamonds: how they are faring
1 year, 5 months ago

India’s lab-grown diamonds: how they are faring

The Hindu  

“This one is a conversation starter,” says Vinaya Gupta. “They are gem quality, but lab-grown, planet positive and purse accessible,” says the 27-year-old entrepreneur shopping at Avira Diamonds, a swanky store that displays jewellery made of lab-grown diamonds in Chennai. The world is moving towards conscious living, and they align with that philosophy.” Aishwarya adds, “Having said that, we don’t …

PM Modi Gifts 7.5 Carat Lab-grown Diamond to Jill Biden: How They're Made, are They as Good as Original?
1 year, 6 months ago

PM Modi Gifts 7.5 Carat Lab-grown Diamond to Jill Biden: How They're Made, are They as Good as Original?

News 18  

The 7.5 carat eco-friendly lab-grown diamond, which Prime Minister Narendra Modi gifted to the US First Lady Jill Biden in Washington during his ongoing state visit, has been manufactured in a Surat factory in Gujarat by recreating the same process that takes place beneath the earth in formation of natural diamonds. The production of lab-grown diamonds involves a different process …

Eco-friendly lab-grown diamond, vintage camera, antique book galley among gifts exchanged between Biden and Modi
1 year, 6 months ago

Eco-friendly lab-grown diamond, vintage camera, antique book galley among gifts exchanged between Biden and Modi

The Hindu  

Prime Minister Narendra Modi, who is in the U.S. for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mâché box, to the U.S. First Lady Jill Biden. PM@NarendraModi ji gifts this beautiful eco-friendly lab-grown diamond, placed in Kashmir's exquisite Papier mâché box to the U.S First Lady @FLOTUS," commerce and industry …

PM Modi gifts 7.5 Carat green diamond to Jill Biden: All you need to know about the Made in India lab-grown gem
1 year, 6 months ago

PM Modi gifts 7.5 Carat green diamond to Jill Biden: All you need to know about the Made in India lab-grown gem

Firstpost  

Prime Minister Narendra Modi presented a Made in India lab-grown 7.5 Carat green diamond to US First Lady Jill Biden as the Bidens hosted him for a private dinner at the White House on Wednesday Prime Minister Narendra Modi presented a Made in India lab-grown 7.5 Carat green diamond to US First Lady Jill Biden as the Bidens hosted him …

Know all about 7.5-carat green diamond that PM Narendra Modi gifted to Jill Biden
1 year, 6 months ago

Know all about 7.5-carat green diamond that PM Narendra Modi gifted to Jill Biden

India Today  

Prime Minister Narendra Modi, who is currently on a State visit to the US, presented several unique gifts from India to US President Joe Biden and First Lady Jill Biden. PM Modi gifted a 7.5-carat, lab-grown green diamond to Jill Biden. VIDEO | It was a proud moment for Surat's artisans on Thursday when PM Modi gifted a 7.5 carat …

What are lab-grown diamonds?
1 year, 10 months ago

What are lab-grown diamonds?

The Hindu  

This year’s Budget shines special attention on laboratory-grown diamonds, or LGDs. High pressure, high temperature method 2. or Chemical Vapour Deposition method Both these methods of growing diamonds artificially begin with a seed, which is a slice of another diamond. In the HPHT method, the seed, along with pure graphite carbon, is exposed to temperatures around 1,500 degrees Celsius and …

Explained | Budget 2023: What are laboratory-grown diamonds as announced by Finance Minister Nirmala Sitharaman
1 year, 10 months ago

Explained | Budget 2023: What are laboratory-grown diamonds as announced by Finance Minister Nirmala Sitharaman

The Hindu  

The story so far: The 2023 Union Budget shines special attention on laboratory-grown diamonds. In her Budget speech, Finance Minister Nirmala Sitharaman said that the sector has “high employment potential” and announced a number of schemes to promote their research and development in India. Naturally-occurring diamonds take millions of years to form; they are created when carbon deposits buried within …

Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support
1 year, 10 months ago

Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support

The Hindu  

To harness the potential of Lab Grown Diamond or synthetic diamond segment, the Union Budget 2023-24 presented by the Finance Minister Nirmala Sitharaman has laid emphasis on research & development as well as to make it competitive in the international markets. Vipul Shah, Chairman, Gem & Jewellery Export Promotion Council said the FM” decision to accept their recommendation pertaining to …

Why lab-grown diamonds are key to unlocking future for Indian jewellery industry
2 years, 6 months ago

Why lab-grown diamonds are key to unlocking future for Indian jewellery industry

Firstpost  

The Indian Gems and Jewellery industry is one of the largest industries in the world and contributes more than 29 per cent to the global consumption of jewellery. The Gem and Jewellery Export Promotion Council recorded the exports of lab-grown diamonds at $1.05 billion from April 2021 to January 2022, which register a growth of 113 per cent. India’s polished …

A booming market for artificial diamonds yet no match for the real thing
3 years, 4 months ago

A booming market for artificial diamonds yet no match for the real thing

Business Standard  

A booming market for artificial diamonds yet no match for the real thing Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds Premium Cast in stone: “The Spectacle”, a 100.94-carat colourless diamond from Russia that was sold for over $14 million in May 2021 …

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