top of page
Laxmi Diamonds.png

LGD was focal point at JCK 2023

A main focus of JCK 2023 was how growth in the supply of lab-grown diamonds will impact jewellery retail.

The lab-grown diamonds section featured the largest manufacturers from around the world, many of them from India.

Industry sources spoke of vigorous price competition in lab-grown diamonds led by Indian manufacturers.

Lab-grown diamond prices have fallen in recent times, driven by rising manufacturing output.

David Kellie, CEO of the Natural Diamond Council, told a panel discussion that retailers had approaching him lately, saying their sales of lab-grown diamond jewellery had eroded revenues compared to earlier times when they had sold higher value natural diamond jewellery.

For more Updates Do follow us on Social Media

Facebook Page

WhatsApp Group



bottom of page