Industry Pioneer Bakul Limbasiya Honoured with Prestigious APO National Award
Bakul Limbasiya , founder of Bhathwari Technologies, has been conferred the prestigious APO National Award , recognising his exceptional contributions to productivity, innovation, and leadership in India. This accolade marks a significant milestone for Limbasiya and shines a spotlight on India’s rapidly expanding lab-grown diamond (LGD) industry , which is gaining substantial global strategic and economic importance.
Prestige of the APO National Award
The APO National Award is instituted by the Asian Productivity Organization (APO) , a Tokyo-based intergovernmental body, and is administered in India by the National Productivity Council under the Department for Promotion of Industry and Internal Trade (DPIIT) . Regarded as one of the nation’s highest honours for advancing productivity, past distinguished recipients include industrialist Anil Naik (L&T) and Dr. Verghese Kurien , the architect of India's White Revolution, underscoring the award's elite stature.
Architect of India’s Lab-Grown Diamond Revolution
A true pioneer, Bakul Limbasiya has been involved with the lab-grown diamond sector since 1998 and is credited with producing India’s first lab-grown diamond in 2004 . His early technological breakthroughs in Chemical Vapour Deposition (CVD) technology laid the foundation for a globally competitive and innovation-driven Indian LGD ecosystem. Through a sustained focus on advanced manufacturing, exports, and ethical practices, Limbasiya has been instrumental in positioning India as a global hub for lab-grown diamonds.
Strategic Alignment with National Goals
The recognition of the LGD sector through this award highlights its rising strategic relevance to India's economy . Limbasiya’s work aligns with the Atmanirbhar Bharat (Self-Reliant India) vision by strengthening domestic manufacturing, promoting a sustainable alternative to mined diamonds, and enhancing productivity through technology-led processes. Upon receiving the award, Limbasiya stated that the honour validates the collective efforts of India’s LGD community at the intersection of technology, sustainability, and value creation .
Bhathwari Technologies and Broader Impact
Bhathwari Technologies Pvt. Ltd. , based in Surat, is a leader in manufacturing CVD diamond reactors and plasma systems essential for LGD production. The company has also invested in Limelight Diamonds , a lab-grown diamond jewellery brand. This award underscores how innovation in high-tech, emerging manufacturing sectors like lab-grown diamonds is contributing significantly to employment, exports, and India’s global competitiveness .
Exam-Focused Important Facts:
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Award: APO National Award , administered by the National Productivity Council (India) for the Asian Productivity Organization .
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Recipient: Bakul Limbasiya , founder of Bhathwari Technologies.
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Significance: Recognises pioneering work in India’s Lab-Grown Diamond (LGD) industry.
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Key Achievement: Credited with producing India’s first lab-grown diamond in 2004 .
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Technologies: Lab-grown diamonds are created using CVD (Chemical Vapour Deposition) and HPHT (High-Pressure High-Temperature) methods.
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National
Month: Current Affairs - January 22, 2026
Category: Awards & Honours