By Invitation
Limelight Lab Grown Diamonds: Leading India’s Lab Grown Diamond Revolution
By Pooja Sheth Madhavan ,Founder & MD Limelight Lab Grown Diamonds.
The lab grown diamond category in India has moved from niche curiosity to mainstream retail opportunity and Limelight Lab Grown Diamonds sits squarely at the center of that transition. For franchise partners, retailers trade buyers and investors Limelight has become the benchmark for scale, sustainability and consumer trust in the CVD lab-grown space.

From awareness to scale: leadership that matters
Limelight’s trajectory exemplifies how a focused strategy education, consistent branding and retail expansion can turn an emerging category into commercially viable retail real estate. The brand presents itself as India’s largest dedicated CVD lab grown diamond jewellery player, with a national retail footprint that now 50 plus exclusive stores and 45 plus shop-in-shops across the country. That physical presence gives trade partners immediate distribution reach and local market credibility.
For franchisees and retail partners this scale is important beyond headline counts. A national store network supports centralized design, inventory pooling, marketing scale, and predictable consumer flows factors that materially reduce the operating risk for a new store opening. Limelight’s ongoing store rollouts and the public announcements about new EBOs demonstrate pipeline momentum, which is reassuring to investors and property partners assessing lease economics and payback timelines.


Sustainability as a trade differentiator
Sustainability is no longer a CSR talking point it’s a category axis that changes purchase choice among younger and environmentally conscious shoppers. Limelight’s focus on CVD-grown diamonds (produced via Chemical Vapor Deposition) positions the brand on both environmental and ethical grounds. The brand has also won third-party recognition for its ESG credentials, an important signal for corporate buyers, multi-brand retailers and institutional partners evaluating brand risk and alignment with evolving consumer values. For retailers, stocking a brand with verified sustainability claims can elevate the entire jewellery assortment and create cross-sell opportunities with conscious consumers.
Product assurance and consumer confidence
One of the most frequent trade objections to LGDs is buyer apprehension around quality, certification and resale value. Limelight addresses those commercial pain points head-on with a combination of certifications by IGI and SGL, buyback/exchange policies and after-sales services concrete assurances that reduce the friction in both retail and wholesale channels. For jewellery buyers and franchise investors, these policies shorten the sales cycle and simplify the post-purchase lifecycle management that often burdens independent jewellers.
The franchise model: structured scalability for partners
Limelight’s franchise proposition is purpose-built for rapid market coverage. Trade listings and franchise portals indicate an investment band and an operating model designed to deliver strong unit economics in Indian retail contexts. For potential franchisees the headline numbers are a useful starting point for property and distribution partners, the clarity of a packaged franchise model means faster negotiation cycles and predictable unit openings. Franchise investors also benefit from the brand’s central services merchandising, marketing playbooks, and product training which reduce time-to-revenue and lower the management overhead for first-time retail entrepreneurs.

Relevance to today’s consumer
Indian consumers today are younger, digital-first, and value-conscious. They want premium aesthetics without the legacy costs financial, environmental or ethical associated with mined stones. Limelight’s proposition design-led jewellery, lower price points versus mined equivalents, and sustainability credentials resonates strongly with the urban millennial and Gen Z cohorts who are increasingly making jewellery purchases for self-expression, gifting and non-traditional bridal choices.
For trade partners this consumer alignment drives three practical B2B advantages:
- Higher conversion in store and online — shoppers who arrive with positive LGD awareness convert faster when presented with trusted certifications and a clear value proposition.
- Range and assortments that expand average ticket — contemporary designs that speak to office, party and bridal occasions enable upsell across price bands.
- Marketing lift through shared narratives — sustainability stories and “Let’s Get Real” messaging are content-rich themes that franchisees and retailers can localize, reducing marketing spend per outlet while increasing share of voice.
A pragmatic partner for a category in motion
Limelight Lab Grown Diamonds represents a mature, brand-led entry point into India’s lab grown diamond category. For B2B stakeholders franchise investors, multi-brand retailers, wholesale buyers and real estate partners Limelight offers a compelling combination of scale, sustainability credentials, product assurance and a structured franchise playbook. In a market where consumers increasingly equate provenance and impact with purchase worthiness, Limelight’s model reduces risk and accelerates time-to-value for trade partners willing to align with the LGD movement. For those evaluating where to place their next retail or supply-chain bet, Limelight is a pragmatic, growth-oriented choice that reflects both the commercial and cultural shifts reshaping jewellery consumption in India.
By Invitation
Natural diamonds have to rediscover their relevance to a jaded consumer that wants to separate themselves from the past
By Edahn Golan
Martyn Charles Marriott, drawing on 45 years in the diamond industry, in a blog titled Co-Operation between African Diamond Producers on the IDMA website, advocates for a new era of co-operation among African diamond producers, seeing the current debate around De Beers’ future as an opportunity. He proposes forming a diamond “OPEC,” reminiscent of the stability once maintained by the Oppenheimers’ Central Selling Organization (CSO). The CSO, through a stockpile, quota system, and vast generic advertising historically benefited the entire industry. Marriott believes a collective entity involving nations like Botswana and Angola would be more stable and bankable than a single-country approach.

JewelBuzz spoke to noted diamond industry analyst Edahn Golanon his take on Marriott’s view and how practical and feasible this “ nostalgic yearning” was. This is what Edahn Golan has to say:
I don’t think that resurrecting a monopoly is possible, much less legal. I understand the nostalgic yearning for the ‘good old days,’ but that is not where the solution will be found. On the contrary, the industry at large – and De Beers in particular – needs to evolve and adapt. They both need to reinvent themselves.

Natural diamonds have to rediscover their relevance to a jaded consumer that wants to separate themselves from the past, a consumer market that wants luxury that doesn’t shout bling. Most importantly, diamonds should stand for values that are relevant to today’s cultural norms.
That is where diamonds will find their future, not by reimposing tight control on the pipeline.
I also read Chaim Even-Zohar’s column. I worked with him for many years and hold deep respect for both him and his approach to the industry.
That said, I believe Botswana does not need to go all in on owning De Beers.The country already receives more than 75% of the diamond revenue generated locally, along with a portion of the revenue De Beers earns from its operations in Namibia, Canada, and South Africa. Expanding that share or seeking a larger cut from other countries would only deepen Botswana’s dependency on diamonds.
Instead, Botswana should diversify its income sources and invest more internally, a process it should have initiated more than a decade ago.
For example, if it channels investment into its international airport and succeeds in expanding tourism, the country would generate greater income, reduce its reliance on luxury sales, improve foreign currency inflows, and, in the process, expose more of the world to its diamonds.
-
New Premises10 hours agoChow Tai Fook Goes Global: Iconic Jeweler Debuts in Bangkok with Eyes on the West
-
ShowBuzz12 hours agoExperience A New Era of Diamond Jewellery at the revamped DP Jewellers Ujjain & Udaipur Branch
-
National News11 hours agoiAMORY Goes Mobile: D2C Jeweler Debuts App to Disrupt India’s ‘Counter-Led’ Retail
-
National News14 hours agoKISNA Diamond & Gold Jewellery launches KISNA Digital Gold in partnership with SafeGold, expanding its omnichannel gold ecosystem


