Natural Diamond Council rallies Surat cutters on ESG to fend off lab-grown threat

Sponsored push spotlights SRK's net-zero certification, KP Sanghvi's 35% women workforce, and Hari Krishna's revival of 160 water bodies across Gujarat. With Surat polishing 90% of the world's diamonds, the industry is leaning on traceability and emissions cuts to defend natural stones against cheaper lab-grown rivals.

— Source publishedThu, 21 May, 2026, 12:21 IST·First seen Thu, 21 May, 2026, 13:12 IST·Source ET Small Business

What happened

Sponsored feature by Natural Diamond Council highlights Indian diamond industry's sustainability push: SRK's net-zero certification, KP Sanghvi's women

Key facts

  • -0.239 kg CO2e per carat
  • -893 MTCO2e
  • 7,000 workforce
  • 35% women
  • 55% women Botswana
  • 160 water bodies
  • 250,000 farmers
  • 70% freshwater reduction
  • 50,000 tonnes waste
  • 90% world diamonds

Why this matters

Watch for consolidation among Surat polishers lacking ESG credentials—SRK, KP Sanghvi, and Hari Krishna are positioning as platform acquirers of smaller cutters needing traceability infrastructure.