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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Commodities | Why lab-grown diamonds are a cut above natural ones
Description: In this episode of the State of Economy Podcast, businessline's Subramani Ra Mancombu speaks with Ricky Vasandani, CEO and co-founder, Solitario Diamonds, to understand the factors fueling this surge — from affordability and innovation to growing consumer awareness. We dive into the dynamic world of lab-grown diamonds, a sector experiencing rapid growth and transformation in India.Â
The conversation touches on key developments, including the Indian government's incentives, the influence of Prime Minister Narendra Modi’s high-profile gift of a lab-grown diamond, and the implications of natural diamond giant DBRS exiting the lab-grown market. Â
Vasandani explains why lab-grow...