In a move aimed at strengthening education and transparency within the evolving diamond industry, the Lab-Grown Diamond & Jewellery Promotion Council (LGDJPC) has appointed Rahul Desai, Managing Director and CEO of the International Institute of Gemology (IIG), as its Honorary Education Director.

India’s top jewellers are reinforcing their commitment to natural diamonds, even as lab-grown stones continue to dominate conversations in Western markets.

With gold prices touching new highs, Surat's jewellery manufacturing industry is seeking formal recognition for a more affordable category: 10 karat gold

Backed by the four-decade legacy of Goldiam International Ltd., ORIGEM has entered India’s fine jewellery segment with a focus on lab-grown diamonds (LGDs). Positioned as a contemporary brand, ORIGEM seeks to reshape how Indian consumers experience solitaire jewellery, offering modern designs that emphasise ethical sourcing, accessibility, and affordability

Malabar Gold & Diamonds is considering entering the lab-grown diamond segment with a distinct brand identity, separate from its natural diamond offerings. The move comes as the $6.2 billion jewellery major studies evolving consumer preferences and explores long-term opportunities in the growing but still nascent lab-grown category

India’s gems and jewellery sector is on the cusp of transformative growth, with a projected market value of $128 billion by 2029, according to a new report by 1Lattice titled Glimmers of Growth

India is emerging as a global powerhouse in the lab-grown diamond (LGD) industry, set to dominate a market projected to be worth $132 billion by 2029. According to RedSeer Consultants, LGDs are expected to capture 16 per cent of the global diamond market by that year, up from 12 per cent in 2024 and 9 per cent in 2019

Industry leaders have praised the Union Budget for boosting consumer demand through tax reforms, increasing disposable income, and supporting economic growth

Trading of Lab-Grown Diamonds through SPOT 2.0 Platform Enables Buyers and Sellers to Trade with Transparency and Confidence

The proposed move of the Government of India to label LGDs as “synthetic” has caused a furore, with the LGD segment saying this would not only be unfair, it would greatly damage the credibility of a sector that produces and retails grown diamonds, which are identical to mined diamonds. Suneeta Kaul speaks with Vidita Kochar of Jewelbox, a prominent LGD player, to understand the ramifications of such a proposal.

Limelight Diamonds, India’s largest lab-grown diamond brand, has launched its first store in Chennai, marking its 23rd outlet across the country

India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report

This move marks a milestone for the brand with 100+ stores across India

In the realm of gemstones, Indian lab-grown diamonds (LGDs) are experiencing a tumultuous period, marked by a staggering 45% drop in prices during FY24