[ad_1] Titan Company does not see lab-grown diamonds (LGD) as a major risk, and the company will reveal its LGD strategy in due course, says Managing Director CK Venkataraman. While acknowledging the significant visibility and activity in the lab-grown diamond market, Venkataraman stated that actual performance may not match the hype. On the ground, consumer […]
Industry calls for clear distinction between natural and lab-grown diamonds – CNBC TV18
[ad_1] The Central Consumer Protection Authority (CCPA) has organised a stakeholder consultation on consumer protection in the diamond sector to discuss appropriate terminology for diamonds. Chaired by CCPA Chief Commissioner Nidhi Khare, the consultation addressed critical concerns regarding the lack of standardised terminology and inadequate disclosure practices in the diamond industry. The Ministry of Consumer […]
How lab-grown diamonds are shaking up the Indian jewellery industry – CNBC TV18
[ad_1] India’s jewellery market is facing a new wave of disruption as lab-grown diamonds gain traction, creating fresh opportunities but also posing challenges for industry giants like Titan. While the rise of lab-grown diamonds, also known as synthetic diamonds, is creating buzz in the affordable luxury space, experts believe it could put pressure on segments […]
The surge of lab-grown diamonds: A glimpse into India’s shifting gemstone industry – CNBC TV18
[ad_1] As India’s diamond market adjusts to recent fluctuations, lab-grown diamonds are emerging as a significant force in the sector. This shift towards synthetic gems highlights the growing preference for sustainable and ethical alternatives to traditional mined diamonds. Key Industry Players in India Rahi Impex: Operating from Mumbai and Surat, Rahi Impex is recognised […]