Surat's Lab-Grown Diamond Industry Faces Wage Delays and Job Uncertainties Amid Price Decline
Nearly four lakh workers in Surat, engaged in cutting and polishing lab-grown diamonds (LGD), are grappling with delayed wages
The Glitter Fades: Indian Lab-Grown Diamonds Struggle Amid Global Oversupply
In the realm of gemstones, Indian lab-grown diamonds (LGDs) are experiencing a tumultuous period, marked by a staggering 45% drop in prices during FY24
Limelight Lab Grown Diamonds secures $1M investment for brand and store expansion
Limelight Lab Grown Diamonds Ltd., the pioneering force behind India's CVD diamond jewellery revolution, announces a landmark deal with a strategic investment of US$1 million from industry players taking the valuation of the Company to INR 340 Crore
A citizen-friendly budget not quite jeweller friendly
One of the biggest demands of the gems and jewellery sector was for the government to bring down the customs duty on gold to 10 per cent to eliminate smuggling – but the demand went unheard yet again
Commerce Minister Piyush Goyal Lauds Gujarat Government For its Initiatives to Promote LGD Sector
Incentives include concessions in power cost, interest cost and tax, R&D support to develop indigenous technologies for LGDs, skill development support and others
Dr. Bhagwat Kishanrao Karad, Minister of State for Finance Inaugurates GJEPC's Banking Summit 2022
GJEPC organised the Summit as an initiative to promote better banking and business practices
SBI to Fund Lab Grown Diamonds Trade
State Bank of India’s policy to fund LGDs will provide a great boost to the lab-grown diamond trade
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