The “Pride of India” is a remarkable lab-grown diamond produced by Ethereal Green Diamond, LLP. It gained significant attention as the world’s largest lab-grown diamond at the time of its unveiling. Analyzed and graded by the International Gemological Institute (IGI), this emerald-cut diamond weighs an impressive 30.18 carats. It holds the distinction of being the first polished lab-grown diamond to exceed the 30-carat milestone.
The diamond was grown using the Chemical Vapor Deposition (CVD) process, a popular method in lab diamond production. The “Pride of India” was graded by IGI with an H colour and VS2 clarity, indicating its high quality and impressive visual characteristics.
Ethereal Green Diamond, headquartered in Mumbai, India, is well-known for its expertise in producing large, high-quality lab-grown diamonds. The company’s Managing Director, Hirav Anil Virani, expressed their commitment to continuing the production and certification of exceptional lab-grown diamonds. Ethical and sustainable practices, as well as the pursuit of technological advancements, are integral to their operations.
The unveiling of the “Pride of India” reflects the growing significance of lab-grown diamonds in the global market. These diamonds, created through advanced scientific processes, offer an ethical and environmentally friendly alternative to mined diamonds. As consumer demand for sustainable and responsibly sourced gems increases, lab-grown diamonds have gained popularity.
The “Pride of India” and other remarkable lab-grown diamonds were showcased at the JCK Las Vegas event, allowing industry professionals and enthusiasts to witness their beauty firsthand. This significant achievement highlights the continuous advancements and growing prominence of lab-grown diamonds in the jewellery industry.
Antwerp, Belgium (June 9, 2022) – The International Gemological Institute (IGI), the world’s largest independent gemological laboratory, has recently analyzed and graded a groundbreaking laboratory-grown diamond. Produced by Ethereal Green Diamond, LLP, the emerald-cut diamond weighs an impressive 30.18 carats, making it the largest lab-grown diamond ever created. Dubbed the “Pride of India,” this polished gem is the first lab-grown diamond to surpass the 30-carat mark. It follows the recent achievement of IGI grading record-setting lab-grown diamonds, including stones weighing 27.27 and 20.24 carats.
Those attending this week’s JCK Las Vegas event will have the opportunity to witness these remarkable gemstones firsthand. Ethereal Green Diamond will display the 30-carat “Pride of India” at booth #8135, while Greenlab Diamonds will exhibit the 27 and 20-carat creations at booth #8131.
The “Pride of India” was grown using the Chemical Vapor Deposition (CVD) process and has been graded by IGI with an H color and VS2 clarity. The rough crystal of type IIa from which the diamond was fashioned took approximately four weeks to grow. Ethereal Green Diamond, headquartered in Mumbai, India, is famed for producing large, high-quality lab-grown diamonds. Hirav Anil Virani, Ethereal’s Managing Director, expressed their commitment to continue creating and certifying exceptional, record-setting diamonds while highlighting their trust in IGI’s certification process.
Tehmasp Printer, Managing Director of IGI India, emphasized the importance of analysis, transparency, and disclosure within the diamond, gemstone, and jewellery industry. He stated that IGI prioritizes constant research to develop methods and technologies that protect the interests of consumers, ensuring that such spectacular creations are graded with accuracy and precision.
The global lab-grown diamond request, valued at$19.3 billion in 2020, is projected to reach$49.9 billion by 2030, with a composite periodic growth rate( CAGR) of9.4 from 2021 to 2030.
In 2020, the CVD segment held the largest market share and is expected to maintain its dominance.
Attendees at JCK Las Vegas can visit IGI at booth #11064 and participate in two-panel discussions organized by IGI. ” The State of the Lab Overgrown Diamond Industry” will be held on Thursday, June 9, from 1- 145 pm in room 101, The Venetian LevelI.” Responsible Sourcing” is listed for Friday, June 10, from 11- 1145 am on The Venetian’s position II Show Stage.
These discussions aim to provide insights into the rapidly evolving lab-grown sector and explore ways to unite the industry through proactive environmental stewardship.