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India becomes second-largest diamond jewellery market with 12% global share, overtakes China and JapanIndia has emerged as the world’s second-largest diamond jewellery market, driven by rising incomes and strong demand from Gen Z and millenn...- BlueStone rises 15% in a month as investors bet on scale-driven model amid improving store maturityBlueStone Jewellery's shares have surged 15% in a month, outperforming the market. Analysts anticipate margin growth driven by operating le...
- As gold prices soar, lab-grown diamonds shine brighter in wedding seasonWith the price of gold on the rise, lab-grown diamonds are becoming more popular for weddings this year.
- GIA discontinues 4Cs certification for lab-grown diamondsThe Gemological Institute of America (GIA) will discontinue issuing 4Cs certificates for lab-grown diamond (LGD) jewelry, but will still ev...
- New-age firms say lab-grown diamonds are not 'synthetic'New-age jewelry brands are opposing the term 'synthetic' for lab-grown diamonds (LGDs), citing incorrect equivalence with diamond simulants...
- Are diamonds a good investment option?Falling prices and an unhealthy secondary market do not make it a good investment.
- Are lab-grown diamonds forever? Examining their impact on the natural gems businessIt’s 2024, and that carefully crafted chain of the diamond business is now being disrupted. Enter lab-grown diamonds (LGD). A lab-grown dia...
- Four lakh workers face salary delays as lab diamond prices fallNearly four lakh workers in Surat's LGD industry face wage delays and job uncertainties due to falling prices of lab-grown diamonds, impact...
- Global glut takes shine off Indian lab-grown diamondsIndian lab-grown diamonds (LGDs) prices crashed by 45% in FY24 due to overproduction in global markets. Indian LGD exports dropped by 18.2%...
- Lab-grown diamond exports expected to grow by 7-9% in FY25: ReportThe Lab-grown Diamonds (LGDs) exports are set to rebound in FY25, with an expected growth of 7-9% to reach around US$1500-1530 million, as ...
- Top jewellery chains shy away from lab-grown diamonds amid lack of consumer interestTop jewellery chains like Kalyan Jewellers and Tanishq are hesitant to adopt lab-grown diamonds due to low demand. Despite the growing popu...
- Lab-grown diamond exports decline in December despite price fallLab-grown diamond manufacturers say that the export figures are down because of the price correction even though the export volume has incr...
- Romancing the stone, and not breaking the bank: Why diamonds are a good deal this festive seasonSix months ago, a 1-carat LGD ring at the retail level was priced at ₹2 lakh. But now it costs ₹80,000-₹1 lakh. Similarly, a 1-carat natura...
- Diamond houses hope to cut through slump in next four monthsThe trade that suffered a 30% drop in prices of natural stones and dealt with over 50% slide in lab-grown diamond (LGD) prices in the past ...
- Exports of lab-grown diamonds slump 28.57% YoY despite government backingManufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased wi...
- Shining bright: Why Indian exports of lab grown diamonds have risen six-fold in three yearsLGDs have been gaining traction globally because of factors such as price and awareness about conflict diamonds. Being more self-reliant in...
- Lab-grown diamonds to be 10% of total polished exports in three years: ICRALab-grown diamonds (LGD) have witnessed a sparkling rise over the last three years and accounted for 7.5% of the total polished diamond exp...
- Budget 2023: Govt to cut import duty on raw material for lab-grown diamonds"With the depletion in deposits of natural diamonds, the industry is moving towards Lab Grown Diamonds (LGDs) and it holds huge promise. To...
- India set to become a major hub of lab-grown diamondsIndia accounts for about a quarter of the estimated global laboratory-grown diamonds output of 6 to 7 million carats.
- Budget impact: Surat is witnessing a sudden rush for setting up laboratory-grown diamond units“The hike in duty will bring down imports, and manufacturing of diamonds through chemical vapour deposition (CVD) technology will increase....
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