India Enterprise & Commerce is organising a webinar on “Lab Grown Diamonds: The eco-friendly dawn alternative?” on Monday, Could 8, 2023 at 3:00 pm.
Lab Grown Diamonds (LGDs) are gaining reputation with evolving international necessities as they provide sustainable options to trendy challenges. India produces over three million LGDs a yr and accounts for 15% of worldwide manufacturing. Its lab grown diamond market dimension is predicted to swell from US$ 299.9 million in 2023 to 1,192.3 million by 2033.
In 2022, exports of lab grown diamonds from India recorded a progress of 51% YoY, with exports value US$ 1,780.59 million towards US$ 1,178.77 million in 2021.
LGDs are way more setting pleasant as in comparison with naturally mined diamonds and can be utilized as jewelry. drilling, reducing & grinding and many others.
To additional discover the potential on this sector, TPCI is bringing collectively a distinguished panel of consultants from the business to debate:
– Enterprise alternative in Lab grown diamond segments, and its functions throughout finish use sectors.
– How the Indian market is predicted to reply to the recognition of LGDs
– Challenges in LGD manufacturing and commercialisation
– How LGD aligns with India’s goals to go inexperienced.
– How ought to the federal government and business collaborate to catalyse the manufacturing of LGDs?
Panellist particulars for the session are as follows:
– Saiyam Mehra, Chairman, All India Gems and Jewelry Home Council
– Rajesh Rokde, Vice Chairman, All India Gems and Jewelry Home Council
– Smit Patel, Director, Greenlab diamonds
– Anup Zaveri, Director, Actual Phantasm LLP
The session will likely be moderated by Virat Bahri, Deputy Director, Commerce Promotion Council of India.
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