Hyderabad, 28th Oct, 2024 – Filmstar Lakshmi Manchu inaugurated Limelight Lab Grown Diamonds store in the city at Gachibowli. It is the second store for the company in the city and 16th in India.
Limelight Diamonds is India’s largest lab grown diamond brand. The market for lab grown diamonds is growing at a rate of 70 to 80%. The market size of lab grown diamonds is 20% that of the mined diamonds, which is roughly 20 billion US dollars. Keeping in growing demand, especially among millennials, we aim to open 15 new stores across India in the next two months, informed Nirav Bhatt, Director of the company Limelight Lab Grown CVD Diamonds.
Hyderabad is the Diamond loving city. Hyderabad is the gateway to the south Indian market. We got an encouraging response. Overwhelmed by response and customer feedback we will be opening 5 branches in Chennai and Bangalore together, he said.
Admiring the Brand’s collection, Lakshmi Manchu said, “I am simply in awe of the store and the concept of lab grown diamonds. Gold attracts energy. Especially when visiting temples women prefer to wear gold. It is in our culture.
Lab grown diamonds are environmentally friendly, affordable. Mined diamonds are the privileged few, but lab grown diamonds are everybody. A lab grown diamonds are real diamonds, like one extracted from the earth, but created in a lab over weeks using one of two sophisticated growth methods. Lab grown here to stay, she said
I don’t care whether they are mined or lab grown as long as they look good when I wear them, Manchu said.
They are made in India and I think every Indian woman will take pride in wearing these diamonds. The best part, their solitaire range is classy with the bold elegance of modern design crafted with the latest technology. They are truly a bigger and bolder upgrade. I congratulate team Limelight for solidifying their presence in Hyderabad with this interesting concept of lab grown diamonds and wish them the very best.”
These are guilt free diamonds. They are ethically made, she said.
Nirav added that Lab Grown Diamonds look as good as diamonds. There is no difference betweeen a naturally born child and IVF Babu(Test Tube Baby) said Nirav Bhatt.
Expressing her excitement, Pooja Sheth Madhavan, Founder & MD of Limelight Diamonds says, “Hyderabad has been extremely welcoming to Limelight and our products and having received a fabulous response from the customers
Regional partner of Limelight, Mr. Nipun Goyal of AN3 Jewels, said, “We have witnessed exponential demand for lab grown diamonds in the market and know that there is a lot of potential for this category.
The growing awareness and acceptance of lab grown diamonds is undoubtedly disrupting the traditional gem and jewellery industry. With the recent entry of the Tata Group into the lab grown diamond space, consumer confidence in these sustainable and ethical alternatives has received a significant boost.
