Surat:Due to a lack of demand, lab-grown diamond companies are facing a recession. The incident at Bhanderi Diamond, which is in the business of lab-grown diamonds, is very indicative in this connection. On Tuesday, the workers of Bhanderi Diamond staged a protest outside the firm’s premises and created a ruckus over unpaid salaries of the last three months. The company called the police, after which the situation was brought back under control. It’s worth noting that due to reduced demand for lab-grown diamonds, the Association had declared a vacation for laborers. Subsequently, the units restarted, but unsold stock piled up, creating a situation in which salary payments are still pending. DeshGujarat

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