A cheaper, greener alternative to mined diamonds, the lab grown diamond is exciting diamantaires across the world and in india. Government push and the entry of new players open up a bright universe of profitable opportunity
A craftsman holds a finished lab-grown diamond and a rough at a processing unit in Surat. (Photo: Nandan Dave)
ISSUE DATE: Apr 24, 2023 | UPDATED: Apr 15, 2023 05:15 IST
Deep inside a two-storeyed building, overlooking a well-manicured lawn at a diamond processing unit in Surat in Gujarat, sits an air-conditioned laboratory where a curious process is at work. In a few dozen non-descript machines, each the size of a small refrigerator, being meticulously monitored digitally each second by an expert, is growing a fruit like no other: a diamond in the rough.