Finshots Daily The International Gemmological Institute IPO
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Dec 14, 2024 Explore the intriguing world of the International Gemmological Institute as it prepares for its IPO. Discover how this move could reshape the jewelry market, particularly in diamond certification. The discussion highlights growth trends in the global jewelry sector and IGI's strategic plans for expansion after the IPO. Tune in to uncover the challenges and opportunities facing this pivotal organization!
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IGI's Role in Ram Temple Inauguration
- IGI played a crucial role in certifying the authenticity of jewelry used in the Ram temple inauguration.
- This ensured the ceremony's sanctity and honored the sentiments of millions.
IGI's Gem Certification Process
- IGI certifies diamonds and other gemstones before they reach jewelry stores, ensuring quality and value.
- With 19 labs in India and 31 globally, IGI uses its SwiftCert software for comprehensive gem evaluation.
Rise of Lab-Grown Diamonds
- Lab-grown diamonds (LGDs) are gaining popularity due to affordability, customization options, and ethical considerations.
- IGI is well-positioned to capitalize on this trend, holding a 65% market share in LGD certification.