EconomyOn Track
Expand employment, self-employment and livelihood opportunities
Bharatiya Janata PartymediumOct 20260
Partially Donelow confidenceEconomy
Make India the largest producer of lab-grown diamonds
Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 8 Jul 2026
Source not confirmed
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Original manifesto wording
“We will make India the largest producer for lab-grown diamond production, embracing cutting-edge technology and sustainable methods to drive economic growth and establish a leading position in the international market.”
From the Bharatiya Janata Party manifestoView Manifestop.43
Our Assessment
The government has supported the lab-grown diamond (LGD) sector through measures announced from the 2023-24 Budget onward, including a research grant to an IIT for developing indigenous LGD seed (machine and recipe) technology and reduced customs duty on LGD seeds to cut input costs, building on India’s dominant position in diamond cutting and polishing. India is a significant LGD producer and exporter, but a clearly evidenced position as the single largest global producer, as pledged, is not established, and dedicated follow-through has been limited. Partial, low confidence.
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