India's lab-grown diamond industry has experienced significant challenges including overproduction, price declines, and high imports, as highlighted by GTRI. Prices fell by 65% within a year, complicating conditions for manufacturers. GTRI recommends establishing quality standards, quality control measures for imports, and increased research and development investment to sustain industry growth.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.