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LGD JEWELLERY MARKET
Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check detailsGoldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The compan...
Jewellery brands rapidly expand footprint in leading mallsJewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery...
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...
Gems set to retain sheen, view cloudy for diamonds after US tariff cutIndia's gems and jewellery exporters anticipate a market rebound in the US. Recent US tariff reductions offer hope after a substantial drop...
Titan enters lab-grown diamond jewellery market with beYonTitan Company is launching its lab-grown diamond (LGD) jewellery brand, beYon, to tap into India's growing demand for affordable diamond al...
Natural diamond still India’s crown jewel: De Beers Group CEOIndia has become a key market for natural diamonds, surpassing China. De Beers focuses on India due to the growing preference for natural d...
De Beers Group announces intention to close its lab-grown diamond jewellery brandDe Beers Group is set to close its Lightbox lab-grown diamond jewelry brand, reaffirming its dedication to natural diamonds. This decision ...
Gold trading platform Augmont forays in lab grown diamond, to invest Rs 100 croreGold trading platform Augmont is investing Rs 100 crore to enter the lab-grown diamond (LGD) market with its new jewellery brand Akoirah. T...
Budget 2025: Imported jewellery to get cheaperBudget 2025 reduces import duty on jewellery from 25% to 20%, making luxury and unbranded imports cheaper. This benefits India's growing de...
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...
India sniffs at new opportunity to add to its already shiny diamond market credentialsThe sharp decline in LGD prices has hit several international companies hard. Notably, WD LGD, the largest LGD maker in the US, went bankru...
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...
Rising gold prices drive Indian consumers towards lab-grown diamondsThe recent rise in gold prices has shifted consumer interest towards lab-grown diamond (LGD) studded jewellery due to its affordability. Ma...
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...
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 ...
Jewellery industry wants Repair Policy to make India a global outsourcing service centreVipul Shah, Chairman, GJEPC, said, “Keeping in view India’s inherent skill in making handmade jewellery, we believe that India will outperf...
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.