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Market NewsNewsLab-grown diamond production touches 4.2 million, report

Lab-grown diamond production touches 4.2 million, report

Production of laboratory-grown diamonds has gone up from 3.5 lakh carats (350,000) to around 4.2 million carats in the last two years, with India, China and Singapore emerging as major manufacturing hubs. This was revealed in the world-wide study conducted by Bonas & Company Diamond Brokers and Consultants on behalf of Gems and Jewellery Export Promotion Council (GJEPC), Times of India reported.

The findings of the study were made public by Bonas & Company Diamond Brokers and Consultants during the inaugural function of the two-day long Diamond Detection Expo and Symposium (DDES) organized by the GJEPC in Katargam, said the Times of India reporot.

 

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