Diamonds have been a symbol of beauty, love, and luxury for centuries. The diamond industry has evolved significantly in the last few decades, from mining and cutting to polishing and marketing. With the emergence of new technologies, the industry has transformed itself into a modern and tech-savvy business. This transformation has not only increased efficiency but has also helped in maintaining transparency in the supply chain. While embracing technology has revolutionised the diamond industry, Laxmi Diamond values the human talent and expertise that has been passed down through generations, equally. They continue to preserve techniques and craftsmanship that have been the hallmark of the industry for centuries and strongly believe that while technology should enhance the human touch, it will never completely replace it.
Surat, the diamond city of India, is home to one of the largest diamond cutting and polishing centres in the world. Laxmi Diamond has been in the diamond business for over 50 years, and is a prime example of how you can embrace technology and still value relationships. In this blog, we will take a closer look at the cutting-edge technologies used by Laxmi Diamond and their benefits, challenges, and opportunities for future advancements. We will explore how technology has revolutionised the diamond industry and how companies like Laxmi Diamond have embraced it to stay ahead of the curve.
With technology playing a crucial role in every aspect of the diamond business, Laxmi Diamond has incorporated a range of machines such as rough diamond scanning machine, diamond laser cutting machine, diamond polishing machine, and many others. These machines have not only increased efficiency but have also enabled the company to maintain accuracy and precision in the diamond cutting and polishing process.
In the words of Mr. Girdhar Gajera, co-founder and proprietor of Laxmi Diamond, "The diamond industry has undergone a major transformation in the last decade. We have to be in sync with the latest technology to meet the changing needs of the market. At Laxmi Diamond, we have always believed in investing in new technologies to improve our efficiency and quality standards."
Laxmi Diamond has developed its own software to track the manufacturing process and manage inventory. They have been doing this long before blockchain technology existed. While they don't necessarily need blockchain for tracking, they are open and eager to learn more about it, as every client wants to know where the stone comes from, who works on it, and who buys it. Currently, applications such as Tracer and Everledger have launched and provided a framework for maintaining such data in the diamond business. Laxmi Diamond plans to engage in these programs to provide the necessary transparency in their diamond supply chain. It is essential for every stakeholder in the diamond industry, from the mines to the end consumer, to know about the traceability of the stones they are dealing with.
Laxmi Diamond has developed an online application to make the process of buying diamonds online seamless for their customers. Online trading has changed the way the diamond and jewelry manufacturing ecosystem evolves and how inventories are maintained. This development is a game-changer in the diamond industry, making it more accessible to customers from all around the world.
The diamond manufacturing process is a complex and intricate process that requires high accuracy and precision. Laxmi Diamond uses a range of cutting-edge machines to ensure the highest quality standards for their diamonds. Below are some of the machines used by the Laxmi Diamond team:
❖ Rough Diamond Scanning Machine (Sarin Galaxy Machine) - This machine scans and maps the rough diamond, providing a 3D model that can be used to determine the best way to cut the diamond.
❖ Diamond Marking Machine - This machine marks the rough diamond to indicate the orientation and shape of the final polished diamond.
❖ Diamond Laser Cutting Machine/Diamond Laser Sawing Machine - This machine uses a laser beam to cut and shape the diamond with high precision.
❖ Diamond Marking Machine - This machine marks the rough diamond to indicate the orientation and shape of the final polished diamond.
❖ Diamond Bruting Machine - This machine is used to grind the diamond's edges to the desired shape and size.
❖ Diamond Auto Polishing Machine - This machine uses computer-controlled polishing heads to polish the diamond with high precision and accuracy.
❖ Diamond Final Polishing Machine - This machine is used to polish the diamond to its final stage, giving it a flawless shine.
❖ Diamond Grading Microscope - This machine is used to grade the diamond based on its cut, color, clarity, and carat weight.
❖ CVD Checking Machine - This machine is used to detect whether a diamond is synthetic or natural
❖ Diamond Tension Checking Machine - This machine is used to measure the tension of a diamond to ensure that it is secure in its setting.
❖ Diamond Florence Checking Machine - This machine is used to detect any inclusions or blemishes in the diamond.
Using advanced technologies in the diamond manufacturing process offers a range of benefits, including:
❖ Higher precision and accuracy - Advanced machines ensure that each diamond is cut and polished with the highest precision and accuracy
❖ Faster turnaround time - With the use of advanced machines, the diamond manufacturing process is streamlined, resulting in faster turnaround times.
❖ Consistency in quality - Advanced machines ensure that each diamond is cut and polished to the
Despite the significant benefits of using cutting-edge technologies in the diamond manufacturing process, there are also several challenges that the industry faces.
❖ One of the biggest challenges is the cost of implementing and maintaining these technologies. The equipment and software required for diamond scanning, marking, laser cutting, and polishing are expensive, and regular upgrades are necessary to keep up with technological advancements. Additionally, the training required for employees to operate these machines and software can be time-consuming and costly.
❖ Another challenge faced by the industry is the potential for job loss due to the increasing automation of the diamond manufacturing process. As more machines and software are developed to perform tasks that were previously done by hand, there is a risk that many skilled workers in the industry may lose their jobs.
However, despite these challenges, there are also significant opportunities for future advancements in diamond manufacturing technology. As the industry becomes more competitive and customers demand higher quality products, there will be a need for even more advanced technology to improve efficiency and accuracy.
❖ Developments in artificial intelligence and machine learning could potentially revolutionise the way diamonds are cut and polished.
❖ Additionally, the growing trend towards sustainability and ethical sourcing in the diamond industry presents an opportunity for technology to play a role in ensuring transparency and accountability. With the use of blockchain and other traceability technologies, it is becoming easier to track the journey of a diamond from the mine to the end consumer, ensuring that it is ethically sourced and conflict-free.
As technology continues to advance, there will undoubtedly be new opportunities and challenges for the diamond industry. Despite all the technological advancements, Laxmi Diamond Group never forgets its roots and believes in preserving relationships, honouring commitments, and delivering quality with transparency. Laxmi Diamond Group has always been committed to excellence and innovation, and the new generation of leadership is determined to carry forward these values and traditions into the future. As the famous quote by Charles Darwin goes, "It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change." Laxmi Diamond's commitment to staying ahead of the curve and adapting to new technologies has kept them relevant and successful in the highly competitive diamond industry.
Furthermore, the fact that the new generation has taken up things at Laxmi Diamond speaks volumes about their commitment to maintaining the company's legacy while also embracing new ideas and technologies.