KIRA at the Forefront of India's Lab-Grown Diamond Dominance

The 52nd India Gem amp Jewellery Awards IGJA recognised both KIRA the worlds largest grower of CVD labgrown diamonds and the man who founded it The Lifetime Achievement Award the industrys highest personal honour was conferred on Shri Vallabhbhai Patel KIRA took the award for Highest Employment on Company Rolls which no labgrown diamond company had won beforeThe awards organised by the Gem amp Jewellery Export Promotion Council GJEPC were presented at the Bharat Diamond Bourse Mumbai by Chief Guest Shri Amit Shah Honble Union Minister of Home Affairs and Minister of Cooperation who called on the industry to keep the entire labgrown diamond value chain in Indian handsShri Vallabhbhai S Patel was born into a cottonfarming family in a village of about five hundred people in Gujarats Bhavnagar district and studied only to the fourth standard In 1971 he took a job at a diamondcutting workshop there and stayed seven years A business of his own in 1978 failed and left him in debt His father gave him the money to repay it and in 1982 he moved his family to BombayIn 1985 he founded Kiran Gems with his brothers and built it into the worlds largest manufacturer of natural polished diamonds The company has been among the most decorated names at these awards for years winning IGJA honours edition after edition Then in 2022 when much of the trade was still undecided about labgrown diamonds he founded KIRA In roughly four years it has become the worlds largest grower of CVD labgrown diamonds He is the only person in the industry to have built the worlds largest company in natural diamonds and in labgrown At the launch in 2022 he set out KIRAs purpose in four wordsHar ghar Hira har ghar KIRA ie A diamond in every home I have worked all my life on a stone very few people in my village could ever own A grown diamond changes that said Shri Vallabhbhai Patel Founder KIRA at its launch in 2022 Four years on that is the company he has builtEven at this age he has the same exuberance and curiosity he always had Few can hold a vision and build it at this scale He is on the floor every day and wants to know everything A welldeserved award and all of us are proud to work under a leader like him said Ashish Lakhani Director KIRAWhen labgrown diamonds began to scale in India the common view was that they would cost jobs a diamond grown in a reactor would need fewer hands than one taken out of the ground KIRAs numbers say otherwise Growing is only the first stage Every stone still has to be planned sawn cut polished graded certified set and shipped and each stage is done by a person on the companys rollsIn roughly four years KIRA has gone from 2000 people to more than 10500 the largest direct workforce of any company in Indias gem and jewellery industry a sector that employs over 50 lakh people nationally It is the measure on which GJEPC judged the award for 202526Alongside the payroll KIRA and the founding family support community development womens empowerment hostel donations and the Kiran medical college and hospitalBehind that workforce is the scale that makes KIRA the worlds largest grower and manufacturer of labgrown diamonds 5000 CVD growing machines and over 400000 polished carats a month produced on 100 MW of captive solar at a one million sq ft facility in SuratEvery other award in this industry measures what a company sold This one measures how many people it employs More than 10500 people have built KIRA in four years This recognition belongs to them said Shanay Parekh Director KIRAThis award is for a healthy workplace community development womens empowerment and facilities almost nobody else in this industry can match The happier our people are the better the outcome The credit goes to our artisans who cut one in every three CVD diamonds in the world right here at KIRA said Rajesh Lakhani Founder KIRAShri Amit Shah devoted a substantial part of his address to labgrown diamonds putting the governments weight behind a category the trade had argued over for yearsTimes are changing and the nature of trade is evolving too The era of labgrown diamonds is upon us and I urge you not to focus merely on the price point In terms of volume the market for labgrown diamonds is poised to expand to nearly 50 times the size of the current diamond market This represents a monumental opportunity said Shri Amit Shah Honble Union Minister of Home Affairs and Minister of CooperationAs the era of labgrown diamonds dawns we possess the infrastructure the capabilities the capital and most importantly entrepreneurs like you I urge all of you to ensure that the entire ecosystem and manufacturing chain of labgrown diamonds remain firmly in Indian hands machinery the diamonds themselves jewellery brands and showrooms in cities across the globe he said at the 52nd IGJA in MumbaiThat endtoend ambition is the model KIRA already runs Growing cutting polishing grading certification and jewellery manufacturing all happen under one roof in Surat with channel partner offices across the globe on the worlds largest fleet of CVD machines and a sustainabilityfirst approach built in from the start The scale the Minister called for is the scale KIRA operates at todayABOUT THE EVENTThe 52nd India Gem amp Jewellery Awards were held on 13 September 2026 at the Bharat Diamond Bourse Mumbai Established by GJEPC 52 years ago the awards recognise export performance value addition employment generation and RampD investment Indias gem and jewellery exports recorded US2772 billion in FY 202526 GJEPC has set a target of US100 billion by 2040Dignitaries presentShri Amit Shah Honble Union Minister of Home Affairs and Minister of Cooperation Chief Guest Shri Devendra Fadnavis Honble Chief Minister of Maharashtra Shri Eknath Shinde Honble Deputy Chief Minister of Maharashtra Shri Harsh Sanghavi Honble Deputy Chief Minister of Gujarat and othersABOUT KIRAKIRA is the worlds largest grower and manufacturer of CVD labgrown diamonds It grows cuts polishes grades and sets labgrown diamonds and diamond jewellery under one roof in Surat India and supplies the trade in 75 countries with 400000 certified stones live and 4700 partners Offices Mumbai Surat Hong Kong New York kiradiamcomwwwinstagramcomkiradiam

KIRA at the Forefront of India's Lab-Grown Diamond Dominance

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KIRA at the Forefront of India's Lab-Grown Diamond Dominance

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