|
|
India Forms Committee to Tackle Undisclosed Lab Grown Diamonds
Jul 16, 2012 4:33 AM
By Dilipp S Nag
|
|
|
RAPAPORT... India’s various gems and jewelry industry associations have formed a committee to tackle the issue of undisclosed lab-grown diamonds. The committee members are from the Gem & Jewellery Export Promotion Council (GJEPC), the All India Gems and Jewellery Trade Federation (GJF), the Bharat Diamond Bourse (BDB) and the Mumbai Diamond Merchants Association (MDMA). It will also receive input from the grading laboratories.
Rajiv Jain, the chairman of the GJEPC, explained that the committee includes importers, exporters and domestic dealers, so that action can be taken if goods are not correctly disclosed. “If somebody declares [the goods to be synthetic], then there is no problem,” Jain said. “But if somebody is trying to play around then this committee is there to take a decision.”
Several hundred man-made diamonds were recently submitted to the grading laboratories in Belgium, India and China to be certified as natural diamonds, raising concern that a large volume of undisclosed CVD synthetic stones may have already entered the market.
|
|
|
|
|
|
|
|
|
|
Tags:
Bachhraj Bamalwa, BDB, CVD synthetic stones, diamonds, Dilipp S Nag, GJEPC, GJF, grading, India, Lab Grown Diamonds, Labs, MDMA, Rajiv Jain, Rapaport, Synthetic diamonds
|
|
|
|
|
|
|
|
|
|
|
|
|