‘Need to revive artificial gem industry’
The Hindu
The Tiruchi District Tiny and Small Scale Industries’ Association has made a case for invigorating artificial gem industry before the Expert Committee formed for revival of MSMEs in Tamil Nadu.A deleg
The Tiruchi District Tiny and Small Scale Industries’ Association has made a case for invigorating artificial gem industry before the Expert Committee formed for revival of MSMEs in Tamil Nadu.
A delegation led P. Rajappa recently highlighted the niche advantages of artificial gems made in Tiruchi in the export market before the Expert Committee on MSME Revival led by retired IAS officer and former Industries Secretary N. Sundaradevan. The Expert Committee was apprised of the need for resumption of manufacture of raw materials for the artificial gem industry at a production unit in Mettupalayam.
Artificial gems made in Tiruchi, known as American diamond, used to have a niche export market as the exterior polish sustained brightness due to use of water from the Cauvery in the manufacturing process. However, the gem-cutting industry in Tiruchi region collapsed due to invasion of export market by Chinese products with their price advantage.