India’s New Diamond Rule Sparks Global Trade Shifts

Sparkling natural diamond against regulatory backdrop

“India’s Bureau of Indian Standards has mandated that only natural diamonds can be labeled simply as ‘diamonds,’ requiring lab-grown alternatives to include explicit qualifiers like ‘laboratory-grown’ for transparency. This move aims to protect consumers amid rising lab-grown production, potentially influencing global pricing and US imports given India’s dominance in diamond processing.” The New Standard and … Read more