TechBuzz
IGI Reports Double-Digit Revenue Growth as Demand Surges for Both Lab-Grown and Natural Diamond Certification
Strong performance across all segments boosts Q1 revenue and profit; IGI plans lab expansion and tech upgrades to meet rising demand.
The International Gemological Institute (IGI) reported robust financial results for the first quarter, driven by increased demand for certification of both lab-grown and natural diamonds. Revenue rose 10% year-on-year to INR 3 billion ($35.8 million) for the three months ending March 31, marking a 15% increase over the previous quarter.
Growth was seen across all certification segments. Loose natural-diamond certification rose 1% year-on-year, accounting for 16% of IGI’s operations. Certification of loose lab-grown diamonds grew 9%, making up the majority of the business at 54%. Grading of natural-diamond jewelry surged 21%, while lab-grown jewelry grading recorded an impressive 87% increase. These segments now represent 21% and 7% of the company’s business, respectively.
Net profit climbed 12% year-on-year to INR 1.41 billion ($16.5 million), and rose 24% compared to the previous quarter.

“The company has seen strong growth momentum across all its segments compared to the previous quarter as well as the first quarter of the last financial year,” said IGI CEO Tehmasp Printer. “Along with our core segments of natural-diamond certification and lab-grown diamond certification, we are also seeing strong demand for certification of natural diamond and lab-grown diamond jewelry, which will further accelerate the growth of our business.”
To support this rising demand, IGI announced plans to expand its laboratory capacity and invest in technology aimed at increasing operational efficiency and reducing turnaround time for services.
TechBuzz
Alloys and Metal Innovation in Jewellery Manufacturing
The jewellery manufacturing landscape in 2025 is experiencing a significant evolution in metal and alloy utilization, driven by shifting consumer preferences toward versatility, sustainability, and personalized design. This report examines the key trends reshaping how manufacturers approach metal selection and alloy development.
Mixed Metal Revolution
The industry is witnessing a decisive move away from traditional single-metal matching sets toward deliberately eclectic combinations. Manufacturers are increasingly working with multiple metals within individual pieces, creating visual interest through material contrast.
Popular Combinations:

- Yellow gold paired with white gold or platinum
- Rose gold integrated with silver elements
- Antique or oxidized silver accents on gold foundations
- Three-tone designs incorporating warm, cool, and neutral metals simultaneously
Application Areas: This trend manifests most prominently in layered necklaces, stacked ring sets, and statement pieces designed to anchor mixed-metal wardrobes. The approach enables consumers to wear jewelry across occasions without concern for metal matching, fundamentally changing how people build their
Primary Gold Alloy Constituents:
- Yellow Gold Alloys: Typically combine pure gold (ranging from 37.5% for 9K to 75% for 18K) with copper and silver. The ratio determines both karat purity and color depth. Higher copper content creates warmer, more reddish tones.
- White Gold Alloys: Blend pure gold with white metals such as palladium, nickel, zinc, or silver. Palladium-based white gold (more expensive but hypoallergenic) is increasingly preferred over nickel-containing formulations due to allergy concerns. Most white gold receives rhodium plating for enhanced whiteness and durability.

- Rose Gold Alloys: Achieve their distinctive pink hue through higher copper proportions in the alloy mix. An 18K rose gold might contain 75% gold, 22% copper, and 3% silver, though ratios vary by desired intensity of color.
Silver Alloy Components:
- Sterling Silver: The industry standard consists of 92.5% pure silver alloyed with 7.5% copper, which provides necessary hardness while maintaining silver’s characteristic appearance.
- Argentium Silver: A modern alloy replacing some copper content with germanium, offering improved tarnish resistance and increased durability—particularly valuable for mixed-metal designs.
Platinum Group Alloys:
Platinum jewellery typically contains 90-95% pure platinum alloyed with other platinum group metals (ruthenium, iridium, or palladium) to enhance workability and durability while maintaining the metal’s prestigious white appearance and hypoallergenic properties.
Innovative Fusion Alloy Development:

Manufacturers are now experimenting with proprietary alloy formulations that incorporate:
- Aluminum or titanium in trace amounts to reduce weight
- Gallium to improve casting properties
- Silicon or boron for enhanced strength-to-weight ratios
- Rare earth elements in minute quantities for specialized color effects
These experimental constituents enable the lightweight, fusion designs gaining prominence in 2025 collections.
Lightweight and Fusion Alloy Innovation
Manufacturers are developing proprietary alloys that maintain precious metal content and visual appeal while reducing weight. This innovation addresses consumer demands for all-day wearability, particularly in gold jewelry where traditional density can limit design possibilities.
Technical Advances: The development of fusion alloys allows jewelers to create larger, more dramatic pieces that remain comfortable for extended wear. These alloys balance structural integrity with reduced mass, enabling designs that would be impractical in traditional solid gold or platinum.
Economic and Creative Benefits: Beyond comfort, these lightweight alternatives offer cost advantages that make premium metal jewelry accessible to broader markets while giving designers freedom to explore bolder, more sculptural forms previously limited by weight considerations.
Sustainability Integration
Ethical Material Sourcing

Environmental and social responsibility now directly influences alloy selection and metal sourcing decisions. Manufacturers increasingly prioritize:
- Recycled precious metals in alloy formulations
- Conflict-free sourcing with transparent supply chains
- Reduced environmental impact in refining and production processes
Aesthetic Direction: Bold Contrast and Visual Complexity
Design Philosophy Shift
The 2025 aesthetic embraces intentional contrasts rather than subtle harmony. Designers exploit the visual tension between warm and cool metals, polished and matte finishes, and contemporary forms with traditional metalwork techniques.
Characteristics of Current Collections:

- High contrast between metal tones within single pieces
- Architectural forms that showcase multiple metal layers
- Textural variation created through different metal treatments
- Statement-making scale enabled by lightweight alloy advances
This direction reflects broader fashion trends toward maximalism and personal expression, where jewelry serves as conversation pieces rather than understated accents.
Customization and Personalization

The flexibility of mixed-metal approaches supports the strong consumer demand for personalized jewelry. Various alloy combinations allow customers to:
- Select metal combinations that complement their existing collections
- Incorporate symbolic meaning through metal choices (e.g., birthstone metals, anniversary commemorations)
- Create truly unique pieces that reflect individual style preferences
Manufacturing Implications:
This trend requires manufacturers to maintain diverse alloy inventories and develop production capabilities for smaller batch sizes and custom orders, representing both opportunity and operational complexity.
Strategic Implications for Manufacturers
Jewellery manufacturers must consider several strategic adjustments:

- Alloy Development Capabilities: Investing in metallurgical expertise to create proprietary lightweight and fusion alloys that differentiate product lines
- Design Versatility: Training artisans and CAD designers in mixed-metal techniques and developing production workflows that accommodate multi-metal fabrication
- Supply Chain Transparency: Building verifiable ethical sourcing systems as sustainability credentials become purchasing criteria
- Flexible Production: Developing systems that accommodate customization and smaller production runs without sacrificing efficiency
- Market Communication: Educating consumers about alloy innovation benefits—both technical advantages and sustainability impacts—to justify premium positioning
Conclusion
The 2025 jewellery manufacturing environment represents a convergence of technical innovation, shifting aesthetic values, and evolving consumer priorities. Mixed metals, lightweight fusion alloys, and sustainability-driven material choices define the current moment, all serving the broader theme of personalized expression through jewellery.
Manufacturers who successfully balance traditional craftsmanship with alloy innovation while meeting sustainability expectations position themselves advantageously in an increasingly discerning market. The trends identified here suggest the industry is moving toward greater material experimentation and consumer-centric design approaches that will likely continue shaping jewellery manufacturing beyond 2025.
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