Quartz quotes global diamond industry analyst Paul Zimnisky, "Lab-grown diamond jewellery sales grew globally to almost $12 billion in 2022, up 38% year-over-year. In 2023, so far, the industry has sold $14.6 billion worth of lab-grown diamonds worldwide."
LIGHTER, NOT ONLY ON THE ENVIRONMENT
Lab-grown diamonds have gained massive popularity in the recent years, thanks to the growing awareness of the need for sustainability and choices that are more pocket friendly. If a one-carat natural diamond sets you back by 24 lakh, a similar lab-grown variant can be purchased for under ₹55,000, according to Charu Kapoor, partner at Primara.
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