India, Belgium should collaborate on lab-grown diamonds: Piyush Goyal
Commerce Minister Piyush Goyal urged India and Belgium to collaborate on lab-grown diamonds, focusing on technology and certification. He also highlighted cooperation in semiconductors, green hydrogen, ports, defence and advanced manufacturing while discussing the India-EU FTA and global trade
- Why it matters
- Lab-grown diamond certification and technology standards shaped jointly by India and Belgium could influence market access and production costs for Indian diamond manufacturers seeking European sales.
- Most affected
- Indian lab-grown diamond producers — May gain market access and certification pathways through European collaboration.
- Likely next
- Whether India and Belgium issue a formal cooperation agreement or timeline for lab-grown diamond collaboration.
Also reported by: NDTV
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