Local lab-grown diamond firms eye good business as world’s biggest firm goes bust – ET Retail

Surat: The lab-grown diamond (LGD) making units here are sniffing an opportunity to increase their business with the US’s biggest LGD-making firm filing for bankruptcy. According to a bulletin issued by the Gem and Jewellery Export Promotion Council (GJEPC), Washington-based WD Lab-Grown Diamonds has US $44 million in liabilities, while its assets amounted to US…

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