(IDEX Online) – Lab growns now account for around a fifth of the diamonds used by manufacturers in India, according to reports.

The switch from mined gems has been prompted by ongoing sanctions against Alrosa, together with demand form the US for cheaper goods, amid spiraling inflation.  Lab growns are 40 per cent cheaper.

Among the beneficiaries are lab grown manufacturers in India, which accounts for 15 per cent of global output. Click here to read full article. http://www.idexonline.com/FullArticle?Id=47724