Hyderabad, 26thOctober 2024: Filmstar Lakshmi Manchu inaugurated Limelight Lab Grown Diamonds store in the city at Gachibowli. It is the second store for the company in the city and 16th in India.
Limelight Diamonds is India's largest lab grown diamond brand. The market for lab grown diamonds is growing at a rate of 70 to 80%. The market size of lab grown diamonds is 20% that of the mined diamonds, which is roughly 20 billion US dollars. Keeping in growing demand, especially among millennials, we aim to open 15 new stores across India in the next two months, informed Nirav Bhatt, Director of the company Limelight Lab Grown CVD Diamonds.
Hyderabad is the Diamond loving city. Hyderabad is the gateway to the south Indian market. We got an encouraging response. Overwhelmed by response and customer feedback we will be opening 5 branches in Chennai and Bangalore together, he said.
Admiring the Brand’s collection, Lakshmi Manchu said, “I am simply in awe of the store and the concept of lab grown diamonds. Gold attracts energy. Especially when visiting temples women prefer to wear gold. It is in our culture.
Nirav added that Lab Grown Diamonds look as good as diamonds. There is no difference betweeen a naturally born child and IVF Babu(Test Tube Baby) said Nirav Bhatt.
Expressing her excitement, Pooja Sheth Madhavan, Founder & MD of Limelight Diamonds says, "Hyderabad has been extremely welcoming to Limelight and our products and having received a fabulous response from the customers
Regional partner of Limelight, Mr. Nipun Goyal of AN3 Jewels, said, “We have witnessed exponential demand for lab grown diamonds in the market and know that there is a lot of potential for this category.
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