Consumer acceptance in major global markets, changing mindsets and a supportive government have sent Indian exports in the sector soaring.
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![Lexus Group’s Galahad Compass is one of the technologies that is helping India’s diamond manufacturing sector to evolve, particularly among Indian manufacturers that are opening factories in Africa. 20221019_Galahad Compass.jpg](https://uploads.nationaljeweler.com/uploads/ff73cdfa588765f127ce0bc6b978d0c7.jpg)
New supply chain dynamics backed by digitalization, AI, and human capital are changing the economics of the Indian diamond industry.
![Jayen Shah, CFA and founder of Mavuca, started his professional career in 1995 with Kotak Mahindra Group. He has held various leadership positions at ABN AMRO, Rabobank, The Royal Bank of Scotland PLC (Singapore branch) and Standard Chartered Bank. He joined IDFC bank in 2011. Under his stewardship, IDFC was named Best Bond House–India, 2015 by IFR-Asia. 20221019_Jayen Shah.jpg](https://uploads.nationaljeweler.com/uploads/7b38a868c052fa9203be1eb62d706557.jpg)
National Jeweler chats with the career banker about the prospects for the lab-grown diamond industry and financing options.
![While the prices of yellow diamonds are comparable to their white counterparts, some of the pink diamonds command 10x premium. Image courtesy: P Hirani 20220302_ Pink-&-yellow-twins.jpg](https://uploads.nationaljeweler.com/uploads/ed74fe5ea91142eef8b6e147d6055de5.jpg)
Creativity and design thinking help these jewelry manufacturers turn problems into opportunities.
![Nine seeds in a CVD reactor may not grow uniformly. Product consistency is therfore of utmost importance in the growing of Lab Grown Diamonds. Image courtesy of <a href="https://www.altr.nyc/" target="_blank">ALTR</a> 202220309_CVD growing process.png](https://uploads.nationaljeweler.com/uploads/f5abd59ea1613d2fce825ad400bf9968.png)
CVD diamond growers and jewelry manufacturers will help India consolidate its competitive advantages in diamonds and jewelry manufacturing.
![SRK Exports embarked on its path to sustainability way back in 2011. Both of its factories are certified green buildings. 20220305_SRK Green.png](https://uploads.nationaljeweler.com/uploads/572a40f4c01366009e70d2dace969cb7.png)
Investment in infrastructure, technology and talent help India consolidate its leadership in the global diamond industry.
![The objective of the Surat Diamond Bourse is to develop India as a modern and sophisticated Diamond, Gems & Jewelry market in the world. 20220307 Surat Diamond Bourse.jpg](https://uploads.nationaljeweler.com/uploads/a1cdac7914d8b1526c4e52afe904ff12.jpg)
An undisputed leader in diamond processing and silver jewelry, India aspires to replicate this success and become "Jeweler to the World."