Manufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased with the US being the largest importer. They attributed the fall in export value to price instability after several new players entered the market.
Manufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased with the US being the largest importer. They attributed the fall in export value to price instability after several new players entered the market.
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Shashikanth Dalichand Shah, Chairman of Lab Grown Diamond & Jewelry Promotion Council (LGDJPC), has been promoting the lab-grown diamond and jewellery sector for the past few years spreading awareness of lab-grown diamonds and helping and educating.