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A seasoned jeweller takes the leap and transitions into the lab-grown diamond business, becoming one of the most successful players in the LGD sector.
This article first appeared in the JNA Lab-Grown Diamond Special – LGD Summit 2022 special edition.
Spanning three generations of proven jewellery manufacturing prowess, family-owned Diamspark made a pivotal choice five years ago to shift to lab-grown diamond production. This decision proved both timely and strategic, with major markets such as the US taking a strong interest in the product category.
The decision to enter the lab-grown diamond space was the brainchild of third-generation owner Raj Vaidya, who joined the family business in 2017.
“At the time, lab-grown diamonds were already generating a buzz. It piqued our interest,” revealed Diamspark Vice President Shrey Vaidya. “We...
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