Trade prices for lab-created tough and polished have decreased significantly and have little room to say no further. Indian Prime Minister Narendra Modi offered a present to the US First Lady Jill Biden in Washington during his ongoing state visit – a 7.5-carat lab-created diamond manufactured in a Surat factory in Gujarat. “What was as soon as considered a long-term, distant risk to pure diamonds advanced in the early 2000s right into a aggressive proposition to the consumer.” In 2017, Swarovski officially launched its lab-created diamond brand Diama in the US. The ratchet impact of every successive contract negotiation signifies that Botswanan governments will now have even higher control of the diamonds discovered within the country.