Mini Diamonds (India) Launches Large-Scale Lab-Grown Diamond Production

Mini Diamonds (India) Ltd has announced a significant expansion of its product line, commencing the manufacture of sized lab-grown polished diamonds ranging from 0.50 to 10 carats. This strategic move positions the company at the forefront of the rapidly growing lab-grown diamond market. The production will focus on high-quality, certified diamonds suitable for both jewelry and industrial applications. Upesh Parekh, CEO of Mini Diamonds, stated, "This initiative aligns with our commitment to sustainable and ethical diamond production while meeting evolving consumer preferences." The company expects this new venture to substantially boost its market share and revenue in the coming years, capitalizing on the increasing demand for eco-friendly and cost-effective diamond alternatives.

Source: Mini Diamonds (India) Ltd Press Release, February 5, 2025