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India's Lab-Grown Diamonds Revolution

  • Lab-grown diamonds, once met with scepticism, are now widely accepted as doubts about their authenticity fade.
  • These diamonds are significantly cheaper than natural ones, with prices dropping up to 95% for larger stones.
  • A key factor driving this shift is the changing ethical perspectives of consumers.
  • India has a deep-rooted history with diamonds, dating back to ancient Sanskrit texts from the 5th century BC.
  • The lab-grown diamond market is stabilising, with brands cementing pricing and structuring supply chains.

Source: Inc42

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9mo ago
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