After a lacklustre 2020, rough diamond sales exploded in 2021. India contributes around 15% to the global production of lab-grown diamonds. The state bank of India has already formalized a policy to fund manufacturing units dabbling inlab-grown diamonds and the government is planning to extend production-linked incentives to certain manufacturers.
In today's episode for 2nd November 2022, we talk about lab-grown diamonds and India's place in the burgeoning industry.