Lab Grown Diamonds Have A Bright Future In The Indian Jewelry Industry

{"AutoID":53,"DateCreation":"\/Date(1661422639340)\/","DateModified":"\/Date(1770641098560)\/","CreatedBy":null,"ModifiedBy":"IMZ 88","RecordStatus":"A","Title":"Lab Grown Diamonds Have A Bright Future In The Indian Jewelry Industry ","SubTitle":null,"Description":"\u003cp dir=\"ltr\"\u003eWhether out of environmental consciousness or cost advantage, there has been a gradual increase in the number of people opting for lab grown diamonds across the world.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia is one of the largest contributors to the global jewelry industry, including lab grown diamond jewelry. Several key data points clearly highlight India\u0026rsquo;s growing influence:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eIndia contributes more than \u003ca href=\"https://www.firstpost.com/opinion/why-lab-grown-diamonds-are-key-to-unlocking-future-for-indian-jewellery-industry-10818441.html\"\u003e29%\u003c/a\u003e to global jewelry consumption\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eIndia\u0026rsquo;s lab grown diamond industry is growing at \u003ca href=\"https://www.firstpost.com/opinion/why-lab-grown-diamonds-are-key-to-unlocking-future-for-indian-jewellery-industry-10818441.html\"\u003e55%\u003c/a\u003e per year\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eIndia contributes around 15% to the global production of lab grown diamonds\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eGoing by these numbers, one thing is clear \u0026mdash; the future of lab grown diamond jewelry in India is getting brighter. Below, we explore the factors that make the Indian lab grown diamond industry so vibrant and promising.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2 dir=\"ltr\"\u003eWhy Is India Emerging as a Global Hub for Lab Grown Diamonds?\u0026nbsp;\u003c/h2\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia\u0026rsquo;s leadership in the lab grown diamond space is driven by export growth, strong infrastructure, skilled craftsmanship, younger consumer demand, competitive pricing, and rapid digital adoption. Together, these factors position India as a key global supplier and consumer market for lab grown diamond jewelry.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003eIndia Is a Major Exporter of Lab Grown Diamonds\u003c/h3\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia has been exporting\u003ca href=\"https://www.growndiamondcorp.com/\"\u003e lab grown diamonds\u003c/a\u003e to various international markets, and export volumes have been increasing year after year.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eAccording to reports, lab grown diamond exports from India \u003ca href=\"http://www.hindustantimes.com/india-news/in-india-s-diamond-city-a-hard-push-for-lab-grown-diamonds-after-ukraine-war-101653665620369.html\"\u003eincreased by 103% from 2020 to 2021\u003c/a\u003e\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eIndia exports both \u003ca href=\"https://www.growndiamondcorp.com/blog/what-are-cvd-chemical-vapor-deposition-diamonds/\"\u003eCVD (Chemical Vapor Deposition)\u003c/a\u003e and \u003ca href=\"https://www.growndiamondcorp.com/blog/hpht-lab-grown-diamonds-history-process-and-benefits/\"\u003eHPHT (High Pressure High Temperature)\u003c/a\u003e lab grown diamonds\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eFinished lab grown diamond jewelry is also exported worldwide\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eLooking ahead, India has an estimated export potential of INR 40,000 crore in lab grown diamonds over the next five years. To further strengthen this growth,\u003ca href=\"https://www.growndiamondcorp.com/contact/\"\u003e lab grown diamond manufacturers in India\u003c/a\u003e have urged the government to bring lab diamonds under the Production Linked Incentive (PLI) scheme, which could accelerate manufacturing, innovation, and exports.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003eIndia Has the Infrastructure and Expertise for Lab Grown Diamonds\u003c/h3\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia\u0026rsquo;s strong manufacturing ecosystem gives it a competitive edge in lab grown diamond production.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eGlobal lab grown diamond production stands at around 6\u0026ndash;7 million carats per year\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eIndia alone produces approximately 1.5 million carats annually\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cstrong\u003eDiamond Manufacturing Hubs in India\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eSeveral Indian cities are globally recognized for diamond manufacturing and trade:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eSurat \u0026ndash; Cutting and polishing hub\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eMumbai \u0026ndash; Diamond trading and export center\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eJaipur \u0026ndash; Renowned for gemstone and jewelry craftsmanship\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia offers cost-effective production facilities, advanced manufacturing infrastructure, and a highly skilled workforce. Diamond manufacturing companies are also investing in new technologies to scale production. Along with manufacturing, India\u0026rsquo;s long-standing expertise in cutting and polishing ensures high-quality lab grown diamonds for global markets.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2 dir=\"ltr\"\u003eYounger Generations Are Driving Demand for Lab Grown Diamonds\u003c/h2\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThere is a steady rise in demand for \u003ca href=\"https://www.growndiamondcorp.com/blog/why-do-millennials-love-lab-grown-diamonds/\"\u003elab grown diamond jewelry among millennials\u003c/a\u003e and Gen Z. Younger generations are more mindful about consumption \u0026mdash; whether it\u0026rsquo;s food, clothing, or jewelry \u0026mdash; and actively seek sustainable options.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eAs a result, lab grown diamonds are increasingly chosen for:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eEveryday fine jewelry\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eEngagement rings\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eWedding rings\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003ca href=\"https://www.growndiamondcorp.com/blog/lab-grown-diamond-engagement-rings-all-you-must-know/\"\u003eLab grown diamond rings\u003c/a\u003e are more affordable, sustainable, and environment-friendly compared to\u003ca href=\"https://www.growndiamondcorp.com/blog/difference-between-synthetic-and-mined-diamonds/\"\u003e mined diamonds\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIndia has the highest millennial population in the world, creating a massive consumer base for the lab grown diamond industry. Surveys show that 70% of millennials support lab grown diamonds and prefer to buy them, further strengthening long-term demand.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003eLab Grown Diamond Prices Are More Affordable\u003c/h3\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eOne of the biggest advantages of lab grown diamonds is their affordability.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eLab grown diamond prices depend on the same factors as mined diamonds:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eCut\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eCarat\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eColor\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eClarity\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eTo the naked eye, lab grown and mined diamonds look identical. They are created through the same crystallization process and share the same physical and chemical properties. However, lab grown diamonds are typically 40% to 70% cheaper than mined diamonds, allowing buyers to choose larger or higher-quality stones within the same budget.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003ca href=\"https://www.growndiamondcorp.com/blog/what-is-the-value-of-lab-grown-diamonds/\"\u003eWhat Is the Value of Lab Grown Diamonds?\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003ca href=\"https://www.growndiamondcorp.com/blog/lab-grown-diamond-sales-are-skyrocketing-heres-why/\"\u003eLab-Grown Diamond Sales Are Skyrocketing - Here\u0026rsquo;s Why\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003ePurchasing Lab Grown Diamonds in India Is Easy\u003c/h3\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eDiamond manufacturers, wholesalers, and retailers in India have quickly adopted digitalization. Many have transitioned from traditional brick-and-mortar models to online and eCommerce platforms.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eToday, customers can:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eBrowse a wide range of lab grown diamonds and jewelry online\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eCompare quality, pricing, and certifications\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eShop conveniently from anywhere\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eAdvanced technology and visualization software also allow customers to:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eView diamonds under different lighting conditions\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eExamine optical performance\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eSee every detail from multiple angles\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThis digital-first approach helps buyers make informed and confident purchasing decisions.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003eLab Grown Diamonds vs Mined Diamonds: A Quick Comparison\u003c/h3\u003e\r\n\r\n\u003ctable\u003e\r\n\t\u003ctbody\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\" style=\"text-align: center;\"\u003e\u003cstrong\u003eFactor\u003c/strong\u003e\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\" style=\"text-align: center;\"\u003e\u003cstrong\u003eLab Grown Diamonds\u003c/strong\u003e\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\" style=\"text-align: center;\"\u003e\u003cstrong\u003eMined Diamonds\u003c/strong\u003e\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003ePrice\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003e40\u0026ndash;70% more affordable\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eHigher cost\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eAppearance\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eIdentical\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eIdentical\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003ePhysical Properties\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eSame as mined\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eSame as lab grown\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eSustainability\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eHigh\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eLower\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eAvailability\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eConsistent supply\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\t\u003ctd\u003e\r\n\t\t\t\u003cp dir=\"ltr\"\u003eLimited\u003c/p\u003e\r\n\t\t\t\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/tbody\u003e\r\n\u003c/table\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3 dir=\"ltr\"\u003e\u003cstrong\u003eConclusion\u003c/strong\u003e\u003c/h3\u003e\r\n\r\n\u003cp\u003eWith strong export growth, advanced infrastructure, skilled craftsmanship, increasing support from younger consumers, competitive pricing, and easy digital access, India is set to become one of the biggest global hubs for lab grown diamonds. As the industry continues to scale, the future of lab grown diamond jewelry in India looks brighter than ever.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n","FromDate":null,"ToDate":null,"Image_Url":"image-collagejpgWYXWJMSJTS.jpg","Image_Alt":"Lab Grown Diamond","KeyWords":null,"MetaDescription":"Demand for a lab-grown diamond is growing fast in India because it is an emerging source of lab-grown diamond jewelry. CVD diamond growers and jewelry manufacturers will help India consolidate its competitive advantages in diamonds and jewelry manufacturing.","MetaTitle":"Lab Grown Diamonds Have A Bright Future In The Indian Jewelry Industry","CanonicalLink":"https://www.growndiamondcorp.com/blog/lab-grown-diamonds-have-a-bright-future-in-the-indian-jewelry-industry/","MetaContent":"\u003c!-- Open Graph / Facebook --\u003e\r\n\u003cmeta property=\"og:type\" content=\"website\"\u003e\r\n\u003cmeta property=\"og:url\" content=\" https://www.growndiamondcorp.com/blog/man-made-diamonds-are-the-future-heres-why/\"\u003e\r\n\u003cmeta property=\"og:title\" content=\" Lab Grown Diamonds: The Future of Diamonds | Grown Diamond Corporation\"\u003e\r\n\u003cmeta property=\" og:description \" content=\" The future of lab-grown diamonds is bright. Lab-grown diamonds have been ruling the diamond market for quite some time now. Browse now to understand all about lab grown diamonds.\"\u003e\r\n\u003cmeta property=\"og:image\" content=\"https://docs.growndiamondcorp.com/blogs/image-collagejpgWYXWJMSJTS.jpg \"\u003e\r\n\r\n\u003c!-- Twitter --\u003e\r\n\u003cmeta property=\"twitter:card\" content=\"summary_large_image\"\u003e\r\n\u003cmeta property=\"twitter:url\" content=\" https://www.growndiamondcorp.com/blog/man-made-diamonds-are-the-future-heres-why/\"\u003e\r\n\u003cmeta property=\"twitter:title\" content=\" Lab Grown Diamonds: The Future of Diamonds | Grown Diamond Corporation\"\u003e\r\n\u003cmeta property=\"twitter:description\" content=\" The future of lab-grown diamonds is bright. Lab-grown diamonds have been ruling the diamond market for quite some time now. Browse now to understand all about lab grown diamonds.\"\u003e\r\n\u003cmeta property=\"twitter:image\" content=\"https://docs.growndiamondcorp.com/blogs/image-collagejpgWYXWJMSJTS.jpg \"\u003e","SeqNo":null,"Slug":"lab-grown-diamonds-have-a-bright-future-in-the-indian-jewelry-industry","GetTitle":"lab-grown-diamonds-have-a-bright-future-in-the-indian-jewelry-industry","GetImageUrl":"https://docs.growndiamondcorp.com/blog/image-collagejpgWYXWJMSJTS.jpg"}