Young Indian buyers prefer lab-grown diamonds (LGD) in comparison to their mining counterparts due to the affordability factor. Lab-grown diamonds, also referred to as synthetic or cultured diamonds, are created using cutting-edge technology that mimics the natural diamond-growing process. LGDs have seen price drops of around 50 percent, while the prices of natural diamonds have declined 40 percent.
/PRNewswire/ A freshly updated Synthetic Diamonds - Global Strategic Business Report has just been released by ResearchAndMarkets.com, revealing a bullish.