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Minister Piyush Goyal Has Pledged To Support The Expansion Of The Lab-Grown Diamond Sector In Surat

At an event organised by the Surat Jewellery Manufacturers' Association in Surat, Union Minister for Commerce and Sector Piyush Goyal highlighted the government's ambitions to boost the lab produced diamond industry.

The Surat event was held on November 21 and was sponsored by the Gem and Jewellery Export Promotion Council, according to the GJEPC's website. Goyal addressed the Surat diamond industry, stating that the government is working hard to develop the lab grown diamond industry in Surat, both in terms of growing lab grown diamonds and manufacturing them. Goyal asked Surat-based diamond industry leaders to create a vision document for the lab-grown diamond industry. The Minister informed stakeholders that he would share the report with Prime Minister Narendra Modi and discuss ways to help the sector even more.

"I am in constant contact with GJEPC and hold a meeting every fortnight to understand the industry's situation," Goyal said, according to GJEPC. At the Surat event, Goyal emphasised the GJEPC's responsibility in relaying difficulties in the gem and jewellery sector to the Ministry of Commerce. Darshana Jardosh, Minister of State for Railways and Textiles, GJEPC vice president Kirit Bhansali, and GJEPC regional chairman for Gujarat Vijaybhai Mangukiya also attended the event.

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Billionaire Laurence Graff paid a record-breaking $46.1 million for a magnificent vivid pink diamond weighing 24.78 carats. Originally owned by his competitor Harry Winston, it now carries graff’s name and is a part of the legendary collection of rare diamonds.

We usually advise brilliant round diamonds with a cut grade of very good, ideal, or super ideal for engagement rings (also known as hearts and arrows). A high cut grade maximises a diamond’s beauty for a given carat weight.

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It’s crucial to have a concept of what you might prefer before starting your search because it will enable you to focus on fewer of the many engagement ring possibilities that are now available. Also, when you initially start browsing, it helps to have a few distinct design concepts and the overall budget because the variety can be overwhelming.

Here are Engagement Ring Trends 2023:

1. Modern Art-Deco
2. Colored Stones
3. Lab-Grown Diamonds
4. East-West Settings
5. Multiple Large Stones

The traditional round diamond form, which is the most common, may come to mind when you think of diamonds. But if you want something different, a tonne of alternative forms may be found to suit your unique taste and style. Each diamond shape has its own fire and brilliance because they are cut to different standards, altering how they reflect light.

The most popular kinds of diamonds are listed below:

1. Round Brilliant Cut Diamonds
2. Princess-Cut Diamonds
3. Marquise-Cut Diamonds
4. Cushion-Cut Diamonds
5. Emerald-Cut Diamonds
6. Radiant-Cut Diamonds
7. Pear-Shaped Diamonds
8. Oval Diamonds
9. Asscher-Cut Diamonds