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The Economic Times
The Economic Times

Entire lab-grown diamond ecosystem must remain firmly in Indian hands: Amit Shah at Mumbai event

Amit Shah India Mumbai the Government of India

Mumbai (Maharashtra): Union Home Minister Amit Shah on Sunday called upon the gems and jewellery sector to ensure that the entire ecosystem and manufacturing chain of lab-grown diamonds (LGDs)-ranging from machinery production to setting up retail showrooms worldwide-remain firmly under Indian control.

Addressing the 52nd India Gems and Jewellery Awards Ceremony in Mumbai, the Home Minister asserted that unlike during the colonial period when India lagged in modernising its trade, the country today has all the necessary resources to command the entire supply chain globally.

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