KIRA, part of the Kiran family — one of India’s most trusted diamond groups with over four decades of heritage — today announced a landmark expansion of its production capacity from 2,600 to 4,000 CVD reactors. With this scale, KIRA now produces more than 250,000 polished carats every month, making it by far the world’s largest grower of lab- grown diamonds (LGD).

This achievement reflects the original vision of Vallabhbhai Lakhani, Founder of the Kiran family, widely regarded as a father figure of the Indian diamond industry. His motto, “Har ghar hira, har ghar KIRA” (“a diamond in every

household”), captures the company’s mission to make diamonds accessible, sustainable, and trusted worldwide. Achieving 4,000 reactors is a milestone that underscores both his foresight and the Kiran family’s ability to turn vision into reality.

Unlike many distributors, KIRA is fully vertically integrated in India, managing the entire value chain — from growing to cutting, polishing, and jewelry manufacturing. With over 10,000+ Indian artisans, operations powered by 75 MW of solar energy (scaling to 150 MW over the next 2 years), and certifications from SMETA and SEDEX, KIRA represents Make in India at global scale — reducing import dependence while creating value, jobs, and sustainability from India to the world.

Why This Matters

1) Heritage of Expertise – With more than 40 years of experience through the Kiran family, KIRA brings deep supply chain knowledge and operational excellence to the lab-grown category.

2) Customer Trust – Retailers and jewelers increasingly view KIRA as a long- term partner, valuing its ability to deliver consistent quality and transparency at scale.

3) Growth & Demand – India is witnessing a surge in LGD adoption, with Gen Z and Millennials embracing affordability, sustainability, and Larger stones, fashion accessories, and new jewelry use-cases are fueling unprecedented demand, positioning India as the next big market for LGDs.

KIRA currently serves over 4,700 partners worldwide, spanning manufacturers, designers, major retail chains, and independent jewelers. With offices in Mumbai, Surat, Hong Kong, and New York, the company anchors its operations in India while catering to global demand.

Leadership Speaks

Rajesh Lakhani, Founding Partner of KIRA Diam LLP, said:

“Reaching 4,000 reactors is more than a capacity milestone — it is a statement of India’s leadership in the global lab-grown diamond industry. At KIRA, we are proud to empower 10,000 Indians, reduce reliance on imports, and deliver scale, trust, and sustainability for partners worldwide.”

Shanay Parekh, Founding Partner of KIRA Diam LLP, added:

“Lab-grown diamonds are the future of jewelry. With affordability, practicality, and sustainability at their core, they are reshaping how Gen Z and Millennials view diamonds. This expansion positions KIRA to serve across categories — from solitaires to accessories, everyday wear to larger statement stones — making LGDs accessible for everyone.”