National News
Kira Scales Up to 4,000 Reactors, Becomes Global Leader in Lab-Grown Diamond Production
Kira, a part of the renowned Kiran family, has significantly expanded its production capabilities, increasing its CVD reactor count from 2,600 to 4,000. With this leap, Kira is now officially the world’s largest producer of lab-grown diamonds (LGDs), generating over 250,000 polished carats every month.

This achievement aligns with the vision of Vallabhbhai Lakhani, founder of the Kiran group, whose guiding principle “Har Ghar Hira, Har Ghar Kira” underscores the mission to make diamonds more accessible, sustainable, and globally trusted.
Fully Integrated & Sustainable Operations
Kira stands out as a fully integrated diamond manufacturer—managing every stage from growing to cutting, polishing, and jewellery production. Its state-of-the-art 1 million sq. ft. facility in Surat employs over 10,000 skilled artisans and is powered by 75 MW of solar energy, with plans to double to 150 MW in the near future.
The company adheres to global ethical standards, holding SMETA and SEDEX certifications, and proudly champions India’s Make in India initiative on an international platform.
Global Reach & Industry Impact
With offices in Mumbai, Surat, Hong Kong, and New York, Kira serves over 4,700 partners worldwide, including manufacturers, designers, and major retail chains.
Leadership Speaks

Rajesh Lakhani, Founding Partner of Kira Diam LLP, stated: “Reaching 4,000 reactors is more than a capacity milestone — it’s a bold statement of India’s leadership in the global lab-grown diamond industry. Kira is proud to empower over 10,000 Indians, reduce dependence on imports, and deliver unmatched scale, trust, and sustainability for our global partners.”
National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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