Stories from Surat · India

The Vibrant Gujarat Regional Summit concluded in Surat, Gujarat, with the signing of 2,792 memorandums of understanding valued at over 3,53,000 crore rupees. Union Minister J.P. Nadda stated that India should develop Gujarat into a global manufacturing hub.

The Vibrant Gujarat Global Summit began today in Surat. The conference will focus specifically on industrial development within the western region of Gujarat. The event includes the authority to appoint observers and assistants. The two-day summit focuses on advanced development in the western Gujarat region, specifically targeting the textile and diamond sectors. Representatives from 29 countries, including Japan, Singapore, and Russia, are participating in the event. The event includes a large-scale exhibition covering an area of 1,200 square meters. Various sessions are scheduled to take place during the conference. The event is being held in the Gujarat region of India.

Rohit Mehta, CEO of Four Link Ventures, stated that lab-grown diamonds are cheaper and more ethically and environmentally sourced than natural stones. Mataram noted the lab-grown industry grew from 1% of the global market in 2015 to approximately 20% currently. He stated that the claim that lab-grown diamonds are better for humanity is untrue and not defined by science. Stanley Mataram stated that allegations of environmental destruction leveled against artisanal diamond mining have been exaggerated. Mataram described classic hard rock diamond mining as the cleanest form of mining because no chemicals are used in the process. The consultant advocated for a "mind-to-market" approach to ensure the traceability of gemstones or diamonds. They expressed skepticism regarding efforts to educate consumers on the value of natural diamonds.