India, April 28 -- Diamonds may never lose their lustre, but the industry is undergoing a quiet transformation. Once seen as a niche alternative, lab-grown diamonds (LGDs) are gaining mainstream traction, driven by rising awareness around sustainability, traceability, and ethical sourcing.

First created by General Electric in the 1950s, lab-grown diamonds (LGDs) have evolved through decades of research. Made from diamond seeds in controlled environments, they match natural stones on the 4Cs - cut, clarity, colour and carat - but cost 60-70% less.

The reasons are clear: no mining, no environmental degradation, and far lower production costs, making LGDs a compelling choice in a market long dominated by mined gems.

"In essence, they are ...