The Central Consumer Protection Authority, organized a Stakeholder Consultation on Consumer Protection in the Diamond Sector to deliberate on the use of appropriate terminology for diamonds. Industry consensus emphasized the need for ethical marketing practices and consistent terminology to enhance consumer protection. Comprehensive guidelines were proposed to mandate:
- Explicit labeling and certification of all diamonds, specifying their origin and production method.
- Prohibition of misleading terms like “natural” or “genuine” for lab-grown products.
- Accreditation systems to regulate and standardize diamond testing laboratories, curbing the rise of unregulated entities.
