India set to cash in on the growing global market for lab-made diamonds

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India set to cash into the growing global market for lab-made diamonds

NEW DELHI – De Beers, which minted the phrase “A Diamond is Forever”, shook the jewellery industry four years ago when it announced it would sell laboratory-grown diamonds.

Then the world’s largest diamond producer, it capitulated after years of denouncing synthetic diamonds, which are chemically, physically and optically identical to mined diamonds, but lack the rarity that imbues natural gems with their value.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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