The revolution underway in India's diamond industry

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India's long history with diamonds enters a new chapter as lab-grown versions of the gem take off.

Business reporters

But over the years he learnt how to inspect diamonds and now he grades their quality, using specialist equipment. "The natural diamonds and lab-grown diamonds are so similar that once, even after a lab test there was a confusion about the origin of a diamond. The diamond had to be tested twice to make sure that it was a lab-grown," he says.

The second process is called Chemical Vapour Deposition and involves putting the seed in a sealed chamber filled with carbon-rich gas and heating to around 800C. The gas sticks to the seed, building up a diamond atom by atom. These days, a one carat diamond - a popular size and common in engagement rings - made in a lab would be around 20% cheaper than its naturally-formed equivalent.Snehal Dungarni is the chief executive of Bhanderi Lab Grown Diamonds, which he started in 2013. It uses the CVD process to make diamonds."Comparatively they are cost and time-effective and save mining and extraction costs - making them human and environmentally kind," he says.

 

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OllieGlanvill I thought this was someone doing a line initially 🌚

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