Lukson offers a Lab-grown diamond jewellery franchise in India

Lukson is now offering a rare lab-grown diamond jewellery franchise in India, where vertical integration, strong margins, an affordable luxury positioning, and rising consumer demand combine to create a high-potential retail opportunity.

Lukson is a vertically integrated lab-grown diamond jewellery brand built by the legacy-driven JK Star Group with 34-plus years in diamond manufacturing and trading. Unlike typical jewellery retailers, Lukson grows its own diamonds, manufactures in-house, designs internally, and retails through an omnichannel model, creating a rare cost and quality advantage for franchise partners. This control across the value chain allows Lukson to offer competitive pricing 30,000–₹32,000 per carat,  while still passing 35–45 per cent gross margins to franchisees, numbers rarely seen in the jewellery franchise space.

India’s lab-grown diamond jewellery market is projected to grow from ~$300 million to over $1.2 billion in the next 7–8 years. The shift is driven by millennials and Gen Z buyers who prefer affordable luxury, sustainability, and modern designs over traditional heavy jewellery. Lukson targets this exact audience with daily-wear diamond jewellery starting from ₹3,999, making diamonds accessible for gifting, fashion wear, and aspirational buyers.