India’s diamond industry has adopted the U.S. Federal Trade Commission (FTC) guidelines for labeling and marketing lab-grown diamonds. These guidelines require clear disclosure of the synthetic origin of such diamonds and any treatments or enhancements they undergo. By aligning with these standards, Indian traders aim to build consumer confidence and compete effectively in global markets.
The FTC guidelines emphasize the use of accurate terms like "laboratory-grown" or "synthetic," ensuring that buyers have a clear understanding of the products they purchase. This alignment reflects India's commitment to meeting international standards and reinforces its reputation in the diamond sector.
India's adoption of these regulations highlights its ability to adapt to changing consumer preferences and market dynamics. By enhancing clarity in marketing and product labeling, the country positions itself as a significant player in the fast-growing lab-grown diamond market.
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