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International Gemological Institute Of India Banks On Lab-Grown Diamonds Certification For Future Growth

In CY24, IGI’s consolidated revenue stood at Rs 1,053.16 crore, compared to Rs 898 crore in CY23, marking a year-on-year growth of 17%.

<div class="paragraphs"><p>The affordability and disruptive nature of lab-grown diamonds makes it an excellent alternative. (Photo source: Unsplash)</p></div>
The affordability and disruptive nature of lab-grown diamonds makes it an excellent alternative. (Photo source: Unsplash)
International Gemological Institute Of India Ltd. pins hopes on the lab-grown diamond certification segment for growth in coming quarters.The affordability and disruptive nature of lab-grown diamonds make it an excellent alternative for all those who want a diamond, Tehmasp Printer, chief executive officer and managing director of IGI, told NDTV Profit.“What lab-grown is doing right now is increasing the consumer base; the mille...
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