Vadilal Becomes Top Methane Supplier to Surat Lab-Grown Diamond Industry
Rajesh Gandhi says company eyes multinational expansion as ice-cream exports touch Rs 500 crore despite US tariffs
Advertisement
Surat| Gujarat — Vadilal Industries Limited, which sells ice-cream and frozen food products under the Vadilal brand, has become the largest supplier of industrial gases such as methane and gas mixtures to the lab-grown diamond industry in Surat and across the country.
Rajesh Gandhi, promoter of Vadilal Industries, who was in Surat to inaugurate the 13th edition of Surat International Textile Exhibition (SITEX 2026) said, “We are the only suppliers of methane gas, hydrogen, and gas mixtures to the lab-grown diamond manufacturing units in Surat and other places. We are supplying high-quality gas mixtures to the lab-grown diamond industry for the last one year”
High purity methane and hydrogen are assumed to be the main process gases used in this technology to produce lab-grown diamonds.High purity methane gas is assumed to be produced from Liquified Natural Gas (LNG)5, and therefore raw material acquisition begins with the extraction of natural gas.The production of the lab-grown diamond is a high-technology manufacturing process that uses significant amounts of electricity. Other than high purity methane and hydrogen no raw materials are used in material volumes. The production results in the creation of a rough diamond.
Gandhi said that the Vadilal industries is eyeing to become a multi-national company with presence in more than 40 countries around the world in the next few years.
Rajesh Gandhi, promoter of Vadilal Industries and senior vice-president of Gujarat Chamber of Commerce and Industry, stated that the ice-cream exports has largely remained unaffected with the US tariffs with a total of Rs 500 crore worth of ice-cream exported in 2025-26.
Talking with the reporters, Gandhi, who is also the senior-vice-president of Gujarat Chamber of Commerce and Industry (GCCI) said, “We want to become a multi-national company in food and ice-cream segments, which operates in various countries around the world. The United States (US) is our largest market with more than 80% of ice-cream consumption among the Indian diaspora”
Asked about the US tariffs, Gandhi said, “The ice-cream segment has remained largely unaffected due to the US tariffs. The reason is that there is no Chinese or Bangladesh alternative for ice-cream as people in the U.S would also want to consume Indian-made ice-cream. We have passed on the duty increase to the end consumers. Our Cassata ice-cream is popular among the US consumers”
“We have set up an ice-cream plant in the US and we are exporting ice-cream to Europe, Middle-East and other countries from there. We have plans to set up more ice-cream plants in other countries soon,” said Gandhi.
Talking about the ice-cream consumption in India, Gandhi said, “Gujarat is the largest market for ice-cream consumption, with Surat and Ahmedabad being the huge markets”
Gandhi said that the GCCI is collaborating with the Southern Gujarat Chamber of Commerce and Industry (SGCCI) for the upcoming exhibitions. The GCCI has organised its annual trade expo GATE-2026 from April 16 to April 18 at Helipad exhibition centre in Gandhinagar.
“We have covered about 16 sectors including automobile, auto ancillary, energy, engineering, industry 4.0, artificial intelligence, electronics, IT and ITes, tourism, real estate, industrial parks, renewable energy, co-working spaces, insurance and financial service, banking and allied industries etc” said Gandhi.
Advertisement