Mr. Kirit Bhansali, Vice Chairman, GJEPC, delivered a keynote speech at the inaugural session of the Doha International Diamond & Gem Conference, addressing industry leaders and stakeholders. He outlined the pressing challenges facing the natural diamond industry and proposed strategic solutions to ensure its sustainable growth
Browsing: CZ & Lab Grown Diamonds
The industry has reached the intriguing crossroad of category diversification and transparency when it comes to diamonds. Natural or man-made, illegal mixing of both damages the trust of every stakeholder involved in the process. As lab-grown diamonds continue to gain traction in the luxury jewellery market, comprehensive knowledge
The Gem & Jewellery Export Promotion Council (GJEPC), apex body for the gem & jewellery trade in India, has adopted the new mandated definition, nomenclature and guidelines for diamonds specified by the Federal Trade Commission (FTC) of the United States (U.S.). The FTC’s updated guidelines provide a clear, standardised definition of ‘diamond’ and distinct terminology for laboratory-grown diamonds, ensuring clarity and transparency for both industry stakeholders and consumers.
This acquisition marks an important milestone in the lab-grown diamond industry and Dholakia Lab-Grown Diamond, both based in New York, have jointly acquired Israeli grower Lusix for $4 million. Founded in 2016 by Benny Landa, Lusix has been at the forefront of innovation in the lab-grown diamond sector, with over $152 million invested since its inception
Firefly Diamonds has recently launched its first premium lab-grown diamond jewellery store at R City Mall, Ghatkopar, Mumbai. The grand opening was led by Shri Mangal Prabhat Lodha (Minister of Skills, Employment, Entrepreneurship, and Innovation, Govt of Maharashtra, and MLA, Malabar Hill, Mumbai), alongside his wife, Dr. Manju Lodha.