Browsing: CZ & Lab Grown Diamonds

Sriram ‘Ram’ Natarajan, previously managing director of GIA India Laboratory Private Limited (GIA India), has been appointed to a new role as senior vice president of laboratory operations for the Gemological Institute of America, Inc. (GIA). He began his new responsibilities in early August, based at GIA’s world headquarters in Carlsbad, California, U.S., reporting to GIA President and CEO Pritesh Patel

The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor until her retirement at the end of 2025

India’s gem and jewellery exports for May 2025 witnessed a noticeable dip, with gross exports falling 15.81% to US$ 2,263.42 million (₹19,260.81 crore), compared to US$ 2,688.38 million (₹22,414.02 crore) in May 2024. Imports also dropped 12.96% to US$ 1,689.61 million (₹14,393.12 crore). However, in a positive turn, the cumulative export value for April-May 2025 increased by 4.96% year-on-year to US$ 5,202.01 million (₹44,407.30 crore). Imports during the same period declined slightly by 2.52% to US$ 3,748.62 million (₹32,006.09 crore).

Beginning later this year, GIA (the Gemological Institute of America) will start using descriptive terms to characterize the quality of laboratory-grown diamonds and will no longer use the color and clarity nomenclature that GIA developed for natural diamonds. The Institute will continue to accept laboratory-grown diamonds for evaluation and identification

Augmont, India’s largest fully integrated gold player, proudly announces its strategic expansion into the Lab-Grown Diamond (LGD) market with the launch of Akoirah. Rooted in Augmont’s legacy of trust, purity, and innovation, Akoirah is set to revolutionize fine jewellery by making diamonds more ethical, sustainable, and accessible than ever before. Calling it Love-Grown Diamonds, the brand is deeply committed to responsible sourcing and technological excellence, and will lead the charge in redefining luxury jewellery for the Indian market