Mumbai/New Delhi, Feb. 28 -- Augmont, India's largest fully integrated gold player, on Thursday announced its strategic expansion into the Lab-Grown Diamond (LGD) market with the launch of Akoirah.

Lab-Grown Diamonds are transforming the jewellery industry, offering a brilliant, sustainable alternative to mined diamonds. The global LGD market is projected to reach $1.2 Billion by 2033, yet there remains a lack of trusted players in India-a gap that Augmont is poised to fill.

Discussing their entry into the lab-grown diamond market, Ketan Kothari, Director, Augmont, said Augmont's vision is very clear - we want to be the leading lab-grown diamond jewellery brand in India.

"LGD is the future for a nation like India where jewellery has ma...