Titan Company Ltd is launching India's first lab grown diamond store in Mumbai on December 29, 2025, marking its strategic entry into the fast growing sustainable jewellery segment. This move taps into rising consumer demand for ethical, affordable alternatives to natural diamonds while leveraging Titan's retail expertise.
Titan Company Ltd, India's leading lifestyle and jewellery retailer, announced plans to open its inaugural lab grown diamond (LGD) store in Mumbai. Scheduled for December 29, 2025, the flagship outlet represents a pivotal shift as Titan formally enters the LGD market, previously approached cautiously amid focus on natural diamonds via brands like Tanishq.
Key Highlights
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Strategic Entry: First dedicated LGD store in India, targeting Mumbai's affluent consumers seeking sustainable luxury.
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Opening Date: Flagship store launches on December 29, 2025, amid growing LGD investments in India.
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Market Context: LGDs comprise under 2% of India's diamond market but show rising interest; Titan monitors pricing and acceptance.
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Stock Impact: Titan shares traded at ₹3,908.50, up 20.13% YTD as of December 24, 2025.
Strategic Implications
This launch positions Titan to capture the expanding LGD segment, driven by ethical appeal and lower costs (30-40% cheaper than natural diamonds). It aligns with industry trends, including increased LGD supply and consumer shifts toward affordability, potentially boosting Titan's jewellery division amid high gold prices.
Sources: MarketScreener, Business Upturn