Bharat Diamond Bourse may allow trade in lab-grown stones in three months

Bourse has to ensure lab-grown and natural diamonds don't mix and a proper process of segregating the two varieites using firewalls is established

The world’s largest diamond trading centre, Bharat Diamond Bourse (BDB), is considering allowing lab-grown diamonds to be traded on ots platform in three months.

Since its existence following the shifting of diamond trade from Opera House, south Mumbai in 2010, BDB has restricted import, export, sale and purchase of any type of lab-grown diamonds within its premises. In fact, even imported lab-grown stones cleared by the customs office that exists within the BDB premises, can only be delivered outside the precincts of the bourse.

However, looking at the increasing demand from its members and the trade fraternity, a panel called