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The Economic Times
The Economic Times

Speaking diamond: A buyer’s glossary for India’s new disclosure era

Natural diamonds, at least in India, have always earned blanket trust from customers—trust in their value, reliability, and endurance. They are expected to last and to shine light( pun intended) on generations gone by as they are passed down family lines.

The diamond industry is evolving, like all industries need to, in order to adapt to modern requirements and younger generations. Consumers nowadays have questions and access to answers from the internet. They want to know, “Is my diamond natural or laboratory-grown ? Has it been certified? Is it ethically sourced?”, etc.

For this reason, the Bureau of Indian Standards (BIS) has introduced disclosure norms for clarity and consistency. For instance, the term “diamond” is now reserved only for natural diamonds, which are formed over billions of years under the Earth. Laboratory-grown diamonds, which have the same physical and chemical composition and can often be indistinguishable from natural diamonds, must be explicitly described as “laboratory-grown diamond” or “laboratory-created diamond”.

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