By IFAB MEDIA - NEWS BUREAU - April 25, 2023 | 20 2 minutes read
Mukesh Patel, Chairman, Greenlab Diamonds has recently been awarded the special recognition award for its valuable contribution to the lab grown diamond sector in India at the 49th Edition of India Gem & Jewellery Awards. Organized by the Gem & Jewellery Export Promotion Council (GJEPC), the awards recognize the outstanding achievements of leading exporters, importers, and banks that finance the trade. The award was presented to Vipul Patel, Director of Greenlab Diamonds, by the Honourable Minister of Commerce & Industry, Consumer Affairs Food & Public Distribution & Textiles, Piyush Goyal, at a ceremony held on April 23, 2023, at The Hotel Grand Hyatt in Mumbai.
The award acknowledges the company's commitment to growth, export excellence, marketing initiatives, innovation, R&D, ethics, values, and social responsibility. Greenlab Diamonds dedicated the award to the passion, commitment, and hard work of all its employees.
The company's management team has been actively presenting the industry at different levels, such as Mukesh Patel, Chairman of Greenlab Diamonds, who visited the PM office and presented the potential of the emerging lab-grown diamond industry. Mr. Patel submitted an analytical study on the financial sector to the Ministry of Finance, which led to SBI's funding grant to lab-grown diamond machinery. He also emphasized the need for R&D for technological independence, which reduces dependency on foreign imports.
Smit Patel, Director of Greenlab Diamonds, approached the Ministry of Commerce and Industry to notify the export potential of lab grown diamond and the scope of sustainable employment.
The lab-grown diamond industry is expanding continuously, encouraged by the Government of India, and adds value to the mission of Atmanirbhar Bharat and the progress of all.