Kira Jewels Nearly Doubles Synthetics Production Capacity

Jewels, belonging to the family that owns natural-diamond provider Kiran Gems, has expanded its lab-grown production capacity to 250,000 carats of polished per month.

The India-based company has upped the number of chemical vapor deposition (CVD) reactors in its facility to 4,000 from its previous 2,600, it said Monday. Each synthetic diamond is produced in-house, at the company’s 1 million-square-foot solar-powered facility.

Kira based its decision to nearly double its output on the acceleration of consumer demand for synthetics, it explained. The company is “experiencing rising demand from new and existing customers, particularly for larger and specialty stones. In the US, Kira maintains a lab-grown diamond inventory of 150,000 certified stones, it said.

“We’re not just shaping the future of lab-grown diamonds, we’re working to make that future accessible to everyone,” said Mehul Vaghani, founder and CEO of Kira Jewels’ US business. “As the industry grows, what sets us apart is our commitment to keeping a reliable, certified inventory available at scale. Right now, we’re seeing strong momentum in elongated fancy shapes in the 3- to 6-carat range. Our goal is to grow alongside our customers and be the resource serving every segment of the industry with precision and reliability.”

Image: The new CVD reactors. (Kira Jewels)