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Lab-grown diamond exports expected to grow by 7-9% in FY25: Report

The Lab-grown Diamonds (LGDs) exports are set to rebound in FY25, with an expected growth of 7-9% to reach around US$1500-1530 million, as per CareEdge Advisory. Despite recent declines due to falling prices, LGD demand is poised to increase due to factors like cost-effectiveness and environmental sustainability, with India emerging as a key player in the global LGD market.

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Adamas One Receives Nasdaq Notification Of Non-Compliance With Listing Rules 5250(F) And 5250(C)(1)

Adamas One Receives Nasdaq Notification Of Non-Compliance With Listing Rules 5250(F) And 5250(C)(1)
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Researchers Create LGD In 150 Minutes

The words of Botswana's President Masisi during his opening address of AWDC's Facets conference in Gaborone last year, when he described Lab-Grown Diamonds (LGD) as "microwave diamonds" come to mind as news came that South Korean scientist claim to have produced a synthetic diamond in little over two hours, using a new method that omits the need to mimic the immense pressure needed to form a diamond artificially. LGD production processes to date still require a significant amount of time to produce a diamond.

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Lab-grown Diamonds Market is on an Upward Growth Curve

Lab-grown Diamonds Market is on an Upward Growth Curve
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Plain gold jewellery exports up by 61.72% to $6792.24 million in FY24, UAE emerges as a significant market

Plain gold jewellery exports up by 61.72% to $6792.24 million in FY24, UAE emerges as a significant market
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