Surat: Surat’s annual jewellery event, Sparkle 2020, will feature lab-grown diamonds for the first time.

Organizers Southern Gujarat Chamber of Commerce and Industry (SGCCI) say it’s because of the “growing acceptance of lab-grown diamonds in India and abroad”.

At least 35 lab-grown diamond and jewellery manufacturers have already registered for the B2B expo which runs from 26 to 28 December.

Mr. Dinesh Navadiya, president of SGCCI said, “We want to provide transparency and clarity to the consumers on lab-grown diamonds.
“The jewellers should specify the type of diamonds they are selling. Lab-grown diamonds have a different market altogether and it is growing in India.”

India’s exports of lab-grown diamonds increased 21 per cent to $200m for April to September 2020, compared with same period last year.