International Gemological Institute Limited CC-Feb26.pdf · 2026-01-27
Good evening, sir. Am I audible?
Yes. Sir, I just wanted to know like I mean, from the monopoly point of view, we have the largest market share in the world. So, can any different agency be able to acquire a large portion of market share from us in near future? So, this was the first doubt that we have. And the second, just to add on this is like, do we expect that if lab-grown diamond pricing crashes really, I mean, since supply is increasing every year. And let's say a INR20,000 carat price is there right now, if it reaches to a level of, let's say, 10,000 or 12,000 in two to three years, so will the consumer have a different mindset that do we require a lab certification? I mean, since prices are already going down. So, in the price of 10,000 -- INR500 for test INR500 or INR800. So, will it make sense? So, just two questions. Would love to know your insight about it?