Table of Contents
Summary
This Blog will form an overview of how the Lab Grown Diamond jewellery wholesale business is evolving within India. The future of the PD Diamond jewellery wholesale business in India appears to be promising and has several opportunities and challenges. The readers of this blog will have a better understanding of the challenges and opportunities for successful retailers and wholesalers as they prepare for the growth of this sector for many years to come.
Introduction
Lab-created diamond jewellery is crafted with diamonds created by human means in a laboratory setting rather than mined from the ground. Laboratory diamonds have the same qualities (brilliance, durability, beauty) as a natural diamond. They can be safely used for a variety of types of fine jewellery, and laboratory diamonds will come with a certification stating their authenticity. The biggest difference between the two types of diamonds is in how they were created; while lab diamonds are produced with a higher degree of ecological responsibility, the actual diamonds themselves are virtually identical to one another.
Lab-grown diamond jewellery is becoming increasingly popular among retailers and consumers alike as a result of its unique mix of beauty, affordability, and ethical responsibility. In addition to affordability, consumers want to purchase beautiful jewellery, which they can feel confident in purchasing, knowing the way it is produced. Retailers benefit from the use of Lab Grown Diamond Jewellery Wholesalers because they can offer better profits, steady availability, quick turnaround time, and the ability to create unique pieces according to customer preferences.
The lab grown diamond segment is experiencing strong growth in India. Market data shows the growth rate of this industry is between 20-25% annually due to higher demand by young consumers, online jewellers, as well as increased export markets.
Current State of the Lab Grown Diamond Wholesale Market in India
India has transitioned from an emerging market into one of the leading producers and exporters globally of lab-grown diamonds. The market value of lab-grown diamonds in India continues to increase rapidly each year, with an estimated value of several billion dollars. Export growth to the USA, Europe, and the Middle East has been accompanied by a large increase in domestic demand. Many established jewellery brands that previously used only natural diamonds are now including lab-grown diamond offerings.
Major Production Hubs in India
- Surat is the largest manufacturing and polishing hub in the world for lab grown diamonds.
- Mumbai is a major centre for jewellery design, branding and export.
- Ahmedabad is rapidly becoming a major centre for manufacturing and wholesale trade.
- Jaipur has developed a reputation as an important centre for jewellery designing and the trade of gemstones.
Role of a Lab Grown Diamond Jewellery Wholesaler Today
A diamond jewellery wholesaler that sells Lab Grown Diamonds connects the manufacturer with the retailer.
- The supply of Wholesale Lab Grown Diamond Jewellery from certified sources is available in larger quantities than ever before.
- Lab Grown Diamonds also provide retailers with ongoing stock for uninterrupted sales and provide low wholesale prices compared to other suppliers of traditional Diamond Jewellery.
- Lab Grown Diamonds can also be customised according to current market trends and provide retailers with quality control, packaging and shipping services.
Who Buys at the Wholesale Level
- Physical Retailers – National and local retailers, who sell through “walk-in” customer traffic
- E-commerce Retailers – The focus of eCommerce retailers is the sale of affordable luxury/sustainable jewellery
- International Traders – Integration to the USA, Europe, UAE, and global markets.
- Custom Designers and Retailers – Designers with small and medium volume requirements for custom jewellery/designs.
Technology That Will Shape the Future of the Market
The advancements in technology have made it possible for us to produce a diamond that is of much higher quality than we ever could before. Not only are there new ways to make your diamonds look clear, but also have more vibrant colors with fewer defects. The continued improvement in technology will ultimately cause the cost of production to drop as well, so increased availability means wholesale buyers and retail consumers now have access to even better quality diamonds at lower prices than before.
In previous times (up until approximately the mid-2000s), cutting and polishing technology was not nearly as advanced as it is today. Currently, cutting machines have advanced in that they now use highly accurate automated processes to create the most accurate angular and shiny surfaces. This allows for less wasted materials and improved finishes and uniform quality of all pieces. Consequently, jewellery is produced to have a high level of sparkle and uniformity.
Faster Custom Jewellery Manufacturing
- Create custom designs in a short time
- Share 3D previews with buyers
- Start production quickly after approval
- Deliver finished jewellery faster to the market
For all Lab Grown Diamond Jewellery Wholesalers, advancements in technologies have allowed the reduction of production time, reduced operational costs, improved quality control and increased design capabilities, as well as streamlined the management of increased quantities of product.
Moreover, by allowing retailers to place orders with greater frequency and faster than before, these technological improvements will foster increased trust between both wholesaler and retailer and provide an opportunity for creating lasting relationships and future business growth.
Changing Buyer Mindset in India
Recent data indicates that the market for lab-created diamonds in India has grown rapidly. Historically, people only purchased mined or natural diamonds due to cultural norms. However, a growing number of consumers are realizing that man-made diamonds appear identical to those that have been mined; both objects are made of carbon and maintain the same chemical composition over time. As a result, most manufacturers of lab-created diamonds have copied the form and shape of many different types of natural diamond products, enabling consumers to make large purchases with the same financial resources as before.
Consequently, people are purchasing more than just engagement rings made of man-made diamonds; they are also finding uses for these types of products in their everyday life, as well as for gift options and bridal collections.
Buyers today tend to be much more aware and cautious regarding the purchases of Lab Grown Diamonds (LGD). Today’s buyers often require the following three things before they will purchase an LGD:
1) Certification from a reputable lab, such as IGI or GIA;
2) Clearly stated pricing; and
3) Full disclosure regarding the product details.
Providing large numbers of certification from reputable laboratories like IGI or GIA has helped create a high level of trust in the LGD market. By providing customers with transparent pricing models, clearly defined diamond grading, and clear lines of communication with the seller, customers feel more secure in their buying decisions when purchasing LGD jewellery.
Online jewellery retailers and social media have transformed customer perceptions about buying lab grown diamonds. Customers can view photos and videos of lab grown diamonds on websites and apps such as Instagram and YouTube. These videos demonstrate both how lab grown diamonds are produced and the beauty of these diamonds; they also show that lab grown diamonds are significantly more affordable than natural diamonds.
With the support of influential people, jewellery retailers, and online consumer reviews, younger customers have become less apprehensive about purchasing online or from innovative independent retailers.
What Today’s Customer Expects from Wholesalers
- Certified and genuine lab grown diamonds
- Clear and honest pricing
- Modern and trendy designs
- Customisation options
- Fast and safe delivery
- Strong after-sales support
Challenges the Industry Must Prepare For
Price Competition
As the lab grown diamond market grows, many new players are entering the business. This has increased price competition at the wholesale level. Some sellers lower prices too much just to win orders, which can affect overall market stability. Retailers should be careful and not choose a supplier only based on the lowest price, as quality and service may suffer.
Quality Control
Maintaining consistent quality is a major challenge. Not all lab grown diamonds are made with the same standards. Differences in machines, processes, and skills can affect diamond clarity, color, and finishing. Poor quality control can lead to customer complaints, returns, and damage to a retailer’s reputation. This makes strict quality checks at every level very important.
Fake Certifications
The presence of fake or misleading certificates is a serious issue in the market. Some sellers provide incorrect grading reports or duplicate certificates, which can break customer trust. Buyers today must verify every certificate from recognized labs like IGI or GIA. Genuine documentation is essential for building long-term confidence in lab grown diamond jewellery.
Need for Skilled Workforce
Even though machines are used to grow and cut diamonds, skilled human workers are still very important. Diamond growing, cutting, polishing, and jewellery setting all require technical knowledge and experience. The industry needs continuous training and skilled professionals to maintain high production standards and fast delivery.
How Genuine Wholesalers Can Stand Out
- Supplying only certified and verified diamonds
- Maintaining strict quality control at every stage
- Offering transparent pricing without hidden charges
- Providing fast delivery and strong after-sales support
- Building long-term relationships instead of chasing short-term profit
How Wholesalers Can Stay Ahead in the Coming Years
The key to survival and growth in the diamond business will be determined by the level of trust customers place in the supplier as well as the quality of the products they are offering. Manufacturers that wholesaler products need to be providing certified lab-crafted diamonds that have been produced by a reputable laboratory such as IGI or GIA. Prior to packaging, every piece of jewellery must be checked for quality and assurance. Retailers continue to purchase from manufacturers if they can count on receiving consistent quality products on a long-term basis.
Invest in Branding and Online Presence
- A professional website
- Clear product photos and videos
- Active presence on social media
- Online catalogues for easy sharing
Offer Customization and Lower MOQ
- Custom design support
- 3D design previews
- Flexible order quantities (lower MOQ)
Build Long-Term Retailer Relationships
- Support retailers with new designs
- Offer consistent pricing
- Deliver on time
- Provide fast response and after-sales service
- Treat retailers as growth partners
Future Trends to Watch in Lab Grown Diamond Jewellery Wholesale
Rising Customisation Demand
Customers today want jewellery that feels personal and unique. Instead of buying common designs, they prefer customised rings, pendants, and bracelets made to their taste. This is increasing the demand for made-to-order lab grown diamond jewellery. Wholesalers who offer custom design support and quick production will get more repeat buyers in the future.
Bridal and Daily-Wear Lab Grown Jewellery Boom
Earlier, lab grown diamonds were mostly used for light jewellery. But now, even bridal jewellery is being made with lab grown diamonds. Many couples prefer it because they can get bigger designs at a lower cost. At the same time, demand for daily-wear diamond jewellery like small rings, studs, and pendants is also growing fast because it is affordable and practical for everyday use.
Growth of B2B Online Wholesale Platforms
Wholesale business is also going digital. More retailers now prefer to place orders online through B2B wholesale platforms and supplier websites. These platforms make it easy to check designs, compare prices, place bulk orders, and track delivery. In the future, online B2B wholesale systems will become a major sales channel for lab grown diamond jewellery.
AI and 3D Jewellery Design Adoption
Technology is also changing how jewellery is designed and manufactured. With AI and 3D design tools, wholesalers can now create new designs faster, show realistic previews to buyers, and reduce design mistakes. 3D printing also helps in quick sample making before final production. This saves time, reduces cost, and improves customer satisfaction.
Conclusion
The Lab Grown Diamond Jewellery Wholesale market in India is projected to be a stable and strong industry going forward. As more people demand lab-grown diamonds, there will likely be an increase in the number of companies using lab-grown diamonds and expanding into global markets. Also, as technology continues to develop, retailers and other companies will continue to find new ways to use lab-grown diamonds as they become a more affordable, ethical choice and provide more opportunities for customization.
Auramentwholesale is a B2B supplier for retailers, online brands or exporters. If you’re looking for reliable sources to grow your business, we provide:Certified lab grown diamond jewellery,Custom design assistance,Competitive wholesale prices,Consistent Quality & Fast Delivery and Dedicated B2B Support.
