Mumbai | Surat (September 24, 2025) – KIRA, a distinguished entity within the esteemed Kiran family—a conglomerate widely recognized as one of India’s most trusted diamond groups with an impressive four-decade legacy—today announced a pivotal and landmark expansion of its Chemical Vapor Deposition (CVD) production capacity. This strategic move sees KIRA’s operational scale surge from an already substantial 2,600 to an astounding 4,000 CVD reactors. This monumental increase in capacity positions KIRA to produce an exceptional volume of over 250,000 polished carats every single month, unequivocally establishing it as the world’s largest grower of lab-grown diamonds (LGD) by a significant margin. This achievement not only underscores KIRA’s market dominance but also marks a new era in sustainable and accessible luxury for the global diamond industry.
This profound accomplishment is a direct reflection of the pioneering vision held by Vallabhbhai Lakhani, the revered Founder of the Kiran family. Mr. Lakhani is widely celebrated as a foundational figure and a father figure of the modern Indian diamond industry. His enduring motto, “Har ghar hira, har ghar KIRA” (meaning “a diamond in every household, KIRA in every home”), encapsulates the company’s deeply rooted mission to democratize diamonds, making them more accessible, inherently sustainable, and globally trusted. Reaching the milestone of 4,000 reactors is not just a testament to KIRA’s operational prowess but a powerful affirmation of Mr. Lakhani’s incredible foresight and the Kiran family’s unparalleled ability to transform ambitious visions into tangible, impactful realities that resonate across the international market. This expansion solidifies KIRA’s commitment to bringing high-quality, ethically produced diamonds to a broader consumer base, fulfilling a vision set decades ago.
KIRA’s Unrivaled Vertical Integration and Sustainable Leadership
Distinguishing itself from many industry distributors and players, KIRA boasts an exceptional degree of vertical integration, entirely based within India. This strategic integration allows KIRA to meticulously manage the entire value chain—from the intricate process of diamond growth in its state-of-the-art facilities, through expert cutting and polishing, all the way to sophisticated jewelry manufacturing. This holistic control ensures unparalleled quality, consistency, and ethical integrity at every stage of production. KIRA’s operations are powered by a dedicated and skilled workforce of over 10,000+ Indian artisans, whose expertise and craftsmanship are central to the brand’s identity and product excellence. Furthermore, KIRA’s commitment to environmental stewardship is evident in its substantial reliance on clean energy, with operations currently fueled by 75 MW of solar energy. This capacity is projected to expand significantly to 150 MW over the next two years, cementing KIRA’s leadership in sustainable manufacturing. Coupled with stringent certifications from globally recognized bodies such as SMETA and SEDEX, KIRA exemplifies the spirit of the ‘Make in India’ initiative on a truly global scale. This approach not only significantly reduces import dependence for India but also consistently creates immense value, fosters widespread employment opportunities, and champions sustainability, benefiting both India and the world at large.
The Strategic Advantage of Vertical Integration
KIRA’s comprehensive vertical integration model provides numerous strategic advantages. By controlling every aspect of the diamond value chain—from raw material synthesis to finished jewelry—KIRA ensures meticulous quality control at each step. This end-to-end oversight minimizes external dependencies, streamlines production processes, and significantly enhances supply chain resilience. For partners and consumers alike, this translates to guaranteed consistency in diamond quality, faster lead times, and ultimately, greater trust in the KIRA brand. It also allows for greater innovation in product development, as insights from every stage of production can be directly integrated into future design and manufacturing processes. This level of control is paramount in an industry where precision and reliability are highly valued, allowing KIRA to maintain its leading edge in the competitive lab-grown diamond market.
Pioneering Sustainability in the Diamond Industry
KIRA’s dedication to sustainability extends far beyond its impressive solar energy footprint. The very nature of lab-grown diamonds offers a more environmentally conscious alternative to traditional mined diamonds, reducing the ecological impact associated with mining operations. KIRA further enhances this inherent sustainability through its advanced, energy-efficient CVD reactors and its commitment to scaling renewable energy usage. The company’s adherence to SMETA (Sedex Members Ethical Trade Audit) and SEDEX (Supplier Ethical Data Exchange) standards underscores its commitment to ethical labor practices, health and safety, environmental protection, and business integrity throughout its operations. These certifications are critical assurances for an increasingly discerning global market that prioritizes transparency and responsible sourcing. KIRA’s model proves that large-scale industrial production can coexist with robust environmental and social responsibility, setting a benchmark for the entire industry.
Why This Expansion Matters: Driving the Future of Diamonds
KIRA’s latest expansion is not merely an increase in production volume; it signifies profound shifts and opportunities within the global diamond market. Its implications ripple through various facets of the industry, from consumer preferences to supply chain dynamics.
- A Heritage of Unmatched Expertise: Building upon more than four decades of invaluable experience garnered through the Kiran family, KIRA brings an unparalleled depth of supply chain knowledge and operational excellence to the burgeoning lab-grown diamond category. This deep-rooted expertise translates into superior product quality, efficient production, and reliable delivery, making KIRA a trusted name among industry stakeholders.
- Cultivating Unwavering Customer Trust: In an increasingly competitive market, retailers and jewelers are progressively recognizing KIRA as an indispensable long-term partner. They highly value the company’s proven ability to consistently deliver exceptional quality and maintain complete transparency at an unprecedented scale. This trust is built on KIRA’s consistent adherence to ethical standards, reliable supply, and superior product attributes, fostering enduring relationships across the global supply chain.
- Fueling Exponential Growth & Demand: India is currently experiencing an unprecedented surge in the adoption of lab-grown diamonds, with younger generations—particularly Gen Z and Millennials—enthusiastically embracing the advantages of affordability, sustainability, and diverse variety. The escalating demand for larger stones, versatile fashion accessories, and innovative new jewelry use-cases is propelling an unparalleled market expansion. This dynamic landscape firmly positions India as the next big market for lab-grown diamonds, and KIRA is strategically poised at the forefront of this transformative wave.
KIRA – Global Reach in CVD Lab-Grown Diamonds
With a robust and expansive presence, KIRA currently serves an impressive network of over 4,700 partners worldwide. This diverse network encompasses a broad spectrum of industry players, including leading manufacturers, visionary designers, major international retail chains, and independent jewelers who value KIRA’s consistent quality and reliable supply. The company strategically maintains key offices in major global diamond hubs: Mumbai and Surat in India, serving as the nerve centers of its extensive production and domestic operations; along with international offices in Hong Kong and New York, which are pivotal for catering to robust global demand and facilitating international partnerships. This distributed operational model ensures that KIRA can efficiently anchor its vast production capabilities in India while seamlessly catering to the dynamic and diverse needs of its global clientele, reinforcing its position as a truly international leader in the lab-grown diamond sector.
Insights from KIRA’s Esteemed Leadership
The visionary leadership at KIRA shared their perspectives on this pivotal expansion and its implications for the future of the diamond industry.
Rajesh Lakhani, a distinguished Founding Partner of KIRA Diam LLP, eloquently stated:
“Achieving the milestone of 4,000 reactors represents far more than just a capacity increase; it is a definitive statement of India’s undeniable leadership in the burgeoning global lab-grown diamond industry. At KIRA, we are immensely proud of our ongoing commitment to empower over 10,000 skilled Indians through meaningful employment, significantly reduce our nation’s reliance on imports, and consistently deliver unparalleled scale, unwavering trust, and steadfast sustainability to our cherished partners across the globe. This expansion is a testament to our collective dedication and vision for a responsible and thriving diamond future.” Mr. Lakhani emphasized that KIRA’s growth is intertwined with national economic empowerment and setting new global standards for ethical production.
Shanay Parekh, also a revered Founding Partner of KIRA Diam LLP, thoughtfully added:
“Lab-grown diamonds are not just a trend; they are undeniably the transformative future of jewelry. With intrinsic advantages such as remarkable affordability, practical versatility, and profound sustainability at their core, these diamonds are fundamentally reshaping how younger generations—specifically Gen Z and Millennials—perceive and value diamonds. This strategic expansion significantly positions KIRA to effectively serve a vast array of categories—from exquisite solitaires that mark life’s most precious moments, to chic and contemporary accessories, to elegant everyday wear, and even striking, larger statement stones. Our goal is to make high-quality, ethically sourced lab-grown diamonds truly accessible and appealing for everyone, reflecting diverse tastes and lifestyles.” Mr. Parekh highlighted the demographic shift in diamond preference and KIRA’s readiness to meet evolving consumer demands with innovative and responsible products.
About KIRA: Pioneering Innovation and Trust in Lab-Grown Diamonds
KIRA stands as the world’s largest and most technologically advanced grower of CVD lab-grown diamonds. The company proudly polishes an extraordinary volume of over 250,000 carats every month at its colossal 1,000,000 sq. ft. solar-powered facility located in Surat, India. This integrated facility represents a beacon of sustainable manufacturing within the diamond industry. With strategically positioned offices in key global markets—Mumbai, Surat, Hong Kong, and New York—KIRA efficiently caters to the diverse needs of its expansive network of over 4,700 partners worldwide.
Fortified by the profound four-decade diamond legacy of the Kiran family, KIRA seamlessly integrates generations of trust, an unparalleled operational scale, and a steadfast commitment to sustainability. This unique synergy enables KIRA to consistently set new and ambitious benchmarks within the dynamic lab-grown diamond sector. From meticulously grown loose stones to exquisite finished jewelry pieces, KIRA has firmly established itself as the unequivocal partner of choice for discerning retailers, wholesalers, and innovative designers across the globe. KIRA is not just producing diamonds; it is crafting a future where luxury is synonymous with responsibility, accessibility, and enduring quality.
The Bright Future Ahead: KIRA’s Unwavering Commitment
Looking forward, KIRA remains steadfast in its commitment to innovation, sustainability, and unparalleled customer service. This monumental expansion is just one step in a continuous journey of growth and transformation. The company plans to further invest in research and development to refine its CVD growth processes, enhance diamond quality, and explore new frontiers in diamond applications. By continuing to expand its solar energy infrastructure and uphold the highest ethical standards, KIRA aims to lead by example, proving that industrial scale and environmental responsibility can go hand-in-hand. The increasing global acceptance of lab-grown diamonds, fueled by a conscious consumer base, presents an exciting landscape, and KIRA is perfectly positioned to shape this future. With its deep heritage, state-of-the-art technology, and a dedicated team, KIRA is not merely participating in the lab-grown diamond revolution; it is actively leading it, promising a brilliant and sustainable future for the diamond industry worldwide.