Inside India’s lab-grown diamond industry - BBC News
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- čas přidán 10. 06. 2024
- The city of Surat is known as the ‘Diamond City’ of India, thanks to its famous diamond cutting and polishing industry.
Now one company in the city, Greenlab Diamonds is turning its eye to lab-grown diamonds.
But how do you 'grow' a diamond? And just how sustainable are they?
This video is from BBC Click, the BBC’s flagship technology programme.
#India #Science #BBCNews
I love how almost every BBC video on India starts with a street showing an auto rickshaw trotting away.
😂
Thats the only side of india they want to show the west. 😂 they wont show the booming infrastructure and living standards
And every video has that classical indian background music
Same boring background misic
the shitty stereotypical music too.
To clarify, Lab Grown Diamond (LGD) have been produced on an industrial scale since 1970. 40% of all diamonds traded are synthetic diamonds. And De Beers and Alrosa are among the largest producers of synthetic diamonds. More information on Wikipedia under “Synthetic diamonds”.
I watched a Netflix documentary about the diamond industry, effectively De Beers. It was in complete denial about the quality of lab grown diamonds then started producing its own line without ever admitting how good are the imitations.
😢😊😮😅😅😊😮😅😢😮😮😢😢😮😮😢😅😮😮😮😮😮😮😮😮😮😮😮😅😅😢😅😢😅😮😮😅😢😮😢😅😮😮😮😮😅😮😢😮😮😮😮😮😮😮😅😢😊😢😢😢😢😢😅😢😅😊😮😮😮😮😮😅😊😢😅😊😅😮😮😮😅😮😅😮😮ह 😮😢😢😮😅😢😢😢😢😮😮😮😮😢😢😢 जा😮😅😮😮😮😮😮😅😮😢😮😅😮😅😊😊😅😮😢😊😮😮😊😅😮😮😊😅😅😊😅😅😮😮😅😮 सर्व😮😊😊😮😮😅😮😮😮😅😮😮😅😮😅😮😅😮😮😮😮😮
So only jewelry customer are being punked. Everyone else is in the know.
Paisa hi paisa hoga😂😁
But if your growing them the same way the planet grows them just faster why are they so different. Every diamond just became half price if not 1/4 the previous price?
Bbc didnt show the footage of surat diamond bourse but they decided showed a overcrowded street. Surat diamond bourse is the world biggest office even bigger than the Pentagon in Gujarat.
These losers won't be allowed to enter such an amazing place.😂
@@Xinnie_The_FluSurat diamond bourse was not operational at the time of shooting this video.
@@Maratha382 not even a shot from afar, it is a big thing and it's one of its kind? Come on, it's clear as day what they were trying to do.
@@Xinnie_The_Flu that’s what you focused in this video? They showed the process of GROWING lab-grown diamonds and diamond-bourse is only for POLISHING.
@@Maratha382 I don't know if you're an Indian or not, but I've seen them paint India in a bad light all my life.
The people who have endured a lot of racism catch the subtlest hints.
Lab is chemically, physically, optically the same as natural. It is designed and engineered in a lab, which to me is very impressive. After spending ten thousands of dollars on jewelry for my wife over the years (Natural diamonds), I came across a factory on Reddit who sells lab diamonds (For like 50% off the market price), I purchased her an amazing tennis bracelet, Even big brands such as James Allen are selling lab diamonds 90% of the time, more and more people understand that natural diamonds are mostly a marketing gimmick. diamonds are not actually all that rare. Their value comes from the DeBeers being able to control their flow into the market
Those Big Nose control it.
I see you in the comments of many lab grown vs natural diamon videos.
You a big liar nature beauty is not the same as something created in a lab. 😂 China is just creating these fake daimonds, and getting with American investors to put a tag 5x the price in America. Just like they do with clothing industries. Poor Chinese people underpaid making the American investors rich, as usual. Check out Michael Kors bags how much the investors make and how much them poor Chinese people make 400 dollars a month. Yet they sell a bag in the states for that price.
LeBron Diamond E is a plastic. Its glitter is not sand so all you have to watch out for.
Thank you very much i am 20Cart pink Diamond for sell..
Sounds similar to the solar panel story. Hopefully India can produce many nice affordable lab grown diamonds so that women around the world can enjoy a diamond which lasts forever. India should become a power house in lab grown diamonds. Besides jewellery, diamonds have many industrial uses too.
90% diamonds in the market are cut and polished in India, they almost have a monopoly in this segment.
@arijitpalit2756 Can buy cheap diamond everywhere now not a good investment so far
It was never made for investment purposes. If you want investment, don’t buy a diamond. Buy stocks.
real estate is a investment not stocks.!
@@VBoo459
FACT‼️ :
9 out of 10 diamonds are cut and polished in India..!!
Fake diamonds.
@@public.publicreal diamonds also in Surat ,India .. largest diamond Cutting center
@@public.publicif it’s fake it’s not a diamond fool
@@public.publicit's not our fault if you can't afford real diamonds...
We need a lab-grown BBC for more accurate and impartial reporting.
They dont have ads so no bias.They are public funded. No money problem so no gov say
Except the BBC has to be impartial. It's a lot better than most. Take Murdoch as an example!
Isn't it the BBC(British Biased Corporation)?😂
They could have shown Surat Diamond Bourse, it was recently opened and is the biggest office in the world beating pentagon. But hey, bbc doesn't want to show anything good about India, they wanna show an overcrowded dirty street from Surat and then these foreigners come on their channel claiming that they do unbiased reporting. What a joke.😂
@@GunwantBhambra lol
De Beers and those that control the diamond trade are going to be very upset if this actually works.
If diamonds are this easy to produce, I see lab grown eating the market share of De Beers and the like.
Personally, I don’t have any control over the diamond trade, but I _do_ control De Beers! 🍻 🥴
😊😊😊😊p
It works, and De Beers is producing these too.
Who cares about this diamonds,,yes they produced that diamond but india is still the poorest country
Diamonds are not just jewelry, they are used in industry too for drilling, polishing, and cutting hard materials
Indian intelligence are out of control and loving it❤❤
Pretty sure most of the rest of the world are also growing diamonds too…
Still haven't resolved the clean water, desertification, pollution, densely populated cities etc....... intelligence wasted on baubles is stupidity because of cupidity.
@@gorgu08by killing Africans in mines
Ye log alag hi Josh mein hain
No
Diamonds are diamonds lab grown or not. Naturally occurring diamonds tend to have impurities which tends to impart a distinct color (thereby hinting to their place of origin). Lab grown diamonds are probably the purest forms of diamond you might ever encounter. I hope lab grown diamonds outshine their naturally occurring counterparts soon.
The reason why we value dimond so much because they're rare, but if we mass produce this then it will not have value. I don't know man but I want natural dimond to stay on top. Somthing is created by nature is more precious than mass production
Pcs of glass 😂
@@Shubham_BahiratThat's a falsity created by DeBeers ground diamonds are not rare. Debeers sits on possibly billions of stones and controlled the out put of stones to manipulate the price. To make it seem that diamond are rare.
@@Shubham_Bahirat them being rare isn’t as true. Look up the history of DeBeers and the diamond cartels
@@Shubham_Bahiratdiamonds aren't rare. You just don't want poor people to have access to the things rich people have admit it.
Wow, everything is so sparkly!💎They seem to be doing a great job👌
BBC forgot to show the Newly built largest Office in the world specially for Lab Diamond in Surat India.
They want to show only poor areas
Human ingenuity is amazing 💎
The fatuity and iniquity of humanity.
Good job guys. Now let's do the same thing for Crude Oil, Gold and Plastic. ASAP.
Rigjht...gold, they say its only tin and lead, but they can't make it in a lab.
Brought my first lab grown diamond ring recently and honestly when I showed it to friends I told them it cost me tens of thousands and they all believed me.
Well done ! Diamonds forever and ever !
Not really lol , Gold is and will be forever 🎉
These diamonds are definitely a plus for engineering manufacturing sector used for critical grinding operations of hard alloys.
Ap to samandar ho❤
I'm not fun of diamonds, but I like the idea of less "BLOD DIAMONDS " and more LAB CREATED DIAMONDS. Very interesting, good luck with your business!!!
First time Iam hearing about this and its astonished me. Most of the people like diamonds and they cannont buy because of its high rate . Green lab is introducing a new revolution in this area.
Diamond doesn’t have much resale value compared to gold.
There's a known percentage in the market today of lab diamonds that get passed on as natural diamonds. Especially melee diamonds where a GIA certificate isn't necessary. In truth, diamonds are all the same, mined or grown in a lab.
Lab grown diamonds are perfect, so better.
Not true. In the lab, a lab diamond can be differentiated from natural with an elegant machine tool. So in truth, they aren’t actually the same exact chemical property. Also there is a GIA equiv to lab diamonds due to the influx of sellers lying to consumers that CZ are lab diamonds.
@@VBoo459 You are correct that lab-created diamonds and natural diamonds can be differentiated using specialized equipment. While both share identical chemical and physical properties (both being made of carbon in a crystal lattice structure), subtle differences in trace elements and crystal growth patterns can be detected by sophisticated tools.
Regarding the chemical properties, it's worth noting that the term 'same exact chemical properties' typically refers to the primary composition (carbon atoms in a diamond lattice). The differences identified by these machines are more about minute inclusions or structural variances rather than a fundamental difference in chemical composition.
Your point about the Gemological Institute of America (GIA) and other organizations offering certifications for lab-grown diamonds is also well-taken. This is indeed a response to market dynamics and the need to ensure consumers are not misled about what they are purchasing, particularly in distinguishing lab-grown diamonds from other simulants like cubic zirconia (CZ). Also worth nothing that certification is costly and this is why its not worth it for melee diamonds in which some CZs and Lab diamonds get passed on to customers as natural diamonds.
"in truth"... what a joke
Very interesting. I've been following the trend for sometime and it seems that diamond costs will inevitably drop drastically precisely because of the availability of Lab grown diamonds. It's been know that De Beers has had a monopoly in diamond mining and stock and limiting supply and artificially increasing the cost of a stone that is rather abundant compared to stones such as Emarald. Lab grown diamonds will challenge that monopoly and deflate the costs because as far at the customer is concerned, lab grown or mined diamonds cannot be distinguished.
Ironically enough, I read somewhere that De beers is also going into lab grown diamonds.
De beers subsidiary Light Box is operational in lab grown diamonds since 7-8 years
I work Ina lab & yes they can be distinguished. They are composed of the same minerals although they can still tell whether it's natural or lab grown. I personally cudnt care leas abt natural diamonds & they cause a lot of destruction to attain.
Its not ironically. De Biers is patent spamming to stifle competition.
@@nidhishsaliya007 wow, didn't know that. Thanks for the info.
They can be distinguished actually. Requires a certain machine for that
Britain: Heyyy India, may we “borrow” some diamonds? 😈
No thanks 😭
Nah, we should buy from Europe, we don't need anything from India.
Their country is still running on looted 45 trillion dollar from India
Britain right now getting colonized by indians 😂😂
Indians would grow gold too in labs in near future..such talented guys
but will never make toilet , they all shit out side in fields.
@@aspdap4309😂😂😂u guys eat shit though
@@aspdap4309which century are you living in??? Still barking old shits..
@@aspdap4309l think you are in 2000s
@@aspdap4309 and you shit on CZcams comments...😅😅
Love this....i know what my gift for my daughter will be this year!!
What is the point? The attraction of the stone is that it's rear. De Beers was doing good job making sure people don't make door knobs out of them, cause there are so many of it around. Now if every cashier in a supermarket would wear one day and night, it becomes useless.
Someone in the comments was moaning about the Kohinoor diamond in the British crown. I had a vision of it being used as a doorknob.
Not sure what De Beers was doing could be considered a “good job” as they create the illusion of scarcity while in fact diamonds are not rare and are in abundance. If you fancy rare stones then go for the real rare one instead of the engineered-rare-items constructed by society (and big corporations)
If this works then many other companies doing the same thing will emerge which will devalue diamonds.
This has been used for decades now, it's nothing new.
Synthetic diamonds are largely used in labs, or tools like diamond drillbits etc.
Synthetic diamonds are cheaper, but largely people have fallen for marketing schemes and tend to still pay more for natural diamonds, even though they're usually smaller and of worse quality than synthetic ones.
Has the many fake gold products around managed to devalue the real gold itself?
God I hope it does. Fuck the dimond industry
@@elivegba8186Except this isn’t fake
@@elivegba8186it's chemically the same thing. Just the process to produce it is artificial. The end product is a real diamond in every sense.
Never really understood why diamonds are so expensive. After all, they all look more or less the same. That said, they _are_ carbon copies of each other. 💎
I think how rare they are plays a factor and it’s also really strong n hard to break so it’s good for jewellery
@@mmaknowledge-wp7hp it all depends on the quality. They're not as hard as you think? And they're fare from all the same.
Simple economics. The demand for diamonds is greater than the supply.
@@dan79600 No, I get _that_ bit. I just don’t understand the demand and why you would throw away millions on a piece of carbon.
It’s a fake demand- it only started around the 40s with marketing and artificial scarcity … they are not really that rare
India, the fastest growing economy. Congratulations
Ya….but they support war and the killing of children.
I am an Indian. We are a nation in very poor shape.
@@bobbybannerjee5156only west Bengal and Punjab. Others are doing fine.
@@tda7294 massive unemployment and suicides are fine to you. not me
@@bobbybannerjee5156indeed bengal is very poor mr bannerjee
The market for jewellery grade diamonds is very small compared to industrial grade tools and abrasives ,are these diamonds produced cheap enough to satisfy that universal demand?
When I hear the word diamond, only kahinoor diamond comes in my mind, which is stolen by the Britishers and now studded with the crown of British queen 👑
😢
"Looted"
Not stolen
How was it stolen? India didn't even exist as a nation then...
Let them keep that thing, they need that now more than ever, we keep growing while the British economy keeps plummeting.
If you want them, come and claim them! 😂
Value just dropped 👍
Unlimited supply and demand, but not unlimited access.
-De Beers
Haha. Limited access because of restricted supply and unlimited demand. Atleast that's what De Beers been thinking till now.
@@xaviersiby4801 Pretty Much :P
There is something way better than diamonds in the medieval village of Chillingbourne.
What's that?
What's that?
In reality, diamonds are just a certain arrangement of carbon atoms, much like graphite, and their value is a human construct. To other living beings, the value of diamonds is far less than that of a banana or water. In a word, rational individuals should not be bound and controlled by such artificially set values, especially those set by merchants
'In reality, diamonds are just a certain arrangement of carbon atom ...' Which is pretty much what a critic of the diamond business said on a Netflix documentary.
Tell that to luxury brands.
humans too are a certain arrangement of......
A similar argument is that the currency is just a paper
The whole Clothing and Jewellery runs on that
beautiful
I love lab grown and real. They both shine the same. ❤
Actually, in the past 10 years , many of the diamond jwellery stores pedal lab grown diamonds along with natural diamonds...that's the truth...😂
Whenever u people are in india.. Why u find only those trashy roads.. There are lots of good places.. But u put only trashy places.. Damn
One of my biggest complaints about diamonds - is trying to sell them after you pay high prices- you never get your $ back
1:35 "Letting the diamonds mature under the rays of science." I must have been distracted when my professors lectured about 'Science Rays'. 🤔
It is actually quite accurate. I've used vapor deposition to form an electroless copper plating on plastic as a base for subsequent nickel electroplating and the atoms you fire at the target do behave like rays of light, because in near vacuum they travel in straight lines.
Very nice 👍
Cool may we have diamond fiber car parts soon and phone cases, a notch above carbon fiber.
God bless.
how is this news we have been doing this for over 20 years
Comments filled with people saying, "If this works..." Meanwhile, everybody in the U.S. is already wearing them.
It looked paid marketing for Indian lab grown diamonds
People want mined diamonds because it’s the human suffering that makes its special.
It is still very expensive! Only competition will bring the prices down. Wait 20 years, they will less than a fraction of the cost.
Heros to men’s wallets everywhere
Price is still incredibly high though
These Indian people are very very smart and hustlers
🇮🇳 JAI HIND
"Letting the diamonds mature under the rays of science" What does that mean?
I'm just surprised how safe the city is that people trade diamonds on the street.
They're just as good ....
ISRO is the actual FREE KOHINOOR DIAMOND 💎 of India 🇮🇳 💯 ..
What happened?
I agree.😂
Thats why i believe there is also technology to create gold
Very nice sanket sir 👍
We have diamond city. And diamond stock exchange market.
Natural diamond has there own factor as everyone can’t wear diamond not coz of price but coz of rashi in India
Good for them.
wow a positive news about india? how come bbc?
Compulsion
Wow,
I like lab grown diamonds 🤗
Do they cut them with laser ?
Are there already robot machines wich can cut them ?
They could also invent more better cuts like the portugese cut and the octagon nova cut. 🤗
The city literally has the world's biggest office, even bigger than the pentagon, but bbc being bbc, chose to show the dirty streets of Surat.
Wow that's crazy
What about grading and know that its a good quality lab grown diamond !?
Is GRA trustable ? 🤔
Burn a diamond it turns into Carbon Dioxide gas! It's simple an other form of the beautiful natural Carbon structures. Gold will always remain king of storage of value due to it's rarity, inertness and because it can never be artificially produced.
Wow
i love click amazing show
Can't wait to see the era of lab gold.
Which is better for the environment? Lab grown or mined? I’m sure lab grown requires a lot of energy.
The natural ones are mined in Botswana or Russia using pretty much slave labor lol. Atleast with lab grown you can use renewable energy down the line.
wow,,,
Me encantan los diamantes 💎🌹👑🇨🇴
The first city where you Britishers opened a factory.
that was nice of us
A diamond is a diamond because its rare, if its going to be labgrown, that would just be a brilliant stone looking gorgeous.
Natural diamonds are not rare at all
@@Oggyoggy2833 oh really? on earth it is rare.
@@suprajakpop diamond are not rare in any planet in this universe. Because natural diamonds are just a cubic form of carbon, which is the gas you breath out every moment. Today the natural diamonds seems rare because the company controls the supply(monopoly). On the other side, lab diamond has no difference at all with natural diamond.
It is rarely to see that so called BBC news is showing the truth news of India.
Now it is called cultured diamond 😅
Most of diamonds sold are severely overpriced. When buying $100, when selling you will get between $25 to $50 max. Even if you sell them next day, its price has depreciated to atleast half. Goes to show what a poor investment a diamond is. For that matter most coloured stones too - when you buy they are oo la la blood red ruby from Burma that will cost a fortune, when you go to sell, you get peanuts.
The rule is simple
When buying = precious stone
When selling = semi precious stone
There goes the values of diamonds. Now you'll be able to get a 14-karat for $5.99. LOL 😂
Amazing ❤
Tank you come again
I prefer coloured gems like Ruby, Emerald and saphir…..But amethyst is easily available because it’s made of volcanic lava ,apart from other precious gems.
Gold can be carved into various designs, looks classy , unlike gems. So many designs you can make in gold, it’s boring to fix gems in it.
@@googledoodle3977Gold isn't as shiny as diamonds
Please tell us what more of what you prefer. Dying to hear it.
I got mine somewhere from 1900-1999, that’s almost before
these type of technology developed,these are precious gems, it does not have a continuous supply and they are in some pockets only, not widely available. There is lot of difference between something you got 30-40 years ago and now. These things are not widely available.
@@tony16991
Don’t be so dramatic, you’re the new generation person, hence you don’t have tolerance , and I wake up at 4 am ,my regular routine,then some meditation,then today is Sunday, I will go back to sleep, or maybe have my tea…..😊
so patel in the room again.!🎉
I went to Surat and bought my lab grown diamond! Saved lots of money as I cut out the middle man mark up!
😮😮😮 well done guys #salute keep it up india impressive!! 😅😅😅
Carbon sequestration by turning it into diamonds?
Wow nice
Since its a true diamond, you should get more sparkle for a lower .
The average Jewellery Retailer has a mark-up of 200%. Their buying price is 1/3rd of the display selling price.
That is what these new generation people are wearing……. 😊
Have you seen the designs these present generation wear, really tacky .
For some people like only ruby ,don’t like emeralds and sapphires.
Thankfully nothing like lab grown gold.
Good work
❤
Beautiful ❤❤❤
I have a 4 carat wedding ring that's lab grown I get tons of compliments. You can't tell it's lab grown. A lady recently approached me asking did my husband spend 50,000 on my ring.😊
Fake diamonds are not a girls best friend.
I bought a lab grown diamond few years back primarily to avoid having blood on my hands
Diamonds do last forever. My mother in law has a diamond ring of her wedding. She got it like 40 years ago!
The ring is made of gold which now looks pretty dusty and dull but the diamond looks damn new! I mean you can just tell if its a real one. It just shines, even after 4 decades!
Just add "Miner involved - Yes/No" to the Certificate and let see what would happen.
Those are perfect for rappers and hip-hop guys!!! The best for them to transform almost perfect timepieces into cheap jewelry.
Thank you
These diamonds have been circulation for a long time already, the Chinese started doing it thirty years ago in drill head material factories, it cost about 20% of natural diamond.