Divine Solitaires unveils unique ‘Three-Way Wearing’ earrings for modern women
March 24, 2025
FCRF: Sotheby’s Paris is scheduled for March 26; fine jewels up for sale
March 25, 2025Is India’s Lab-Grown Diamond Industry poised to outpace the Natural Diamond Industry?
The following reports seem to indicate so…
a) The global lab-grown diamond (LGD) market, dominated by the US, is rapidly expanding with a projected CAGR of 8.64%, driven by affordability and sustainability.
b) India, already a major production hub with 15% global share, aims for robust growth through government incentives and rising domestic consumer demand and premiumisation.
c) Consumer preference is notably shifting towards LGDs, decreasing the gap between the sales share of Natural and LGDs driven by affordability, customization, and ethical considerations
