Limelight Diamonds targets 200 stores by 2027
In short
Limelight Diamonds said it tripled sales over the past year and doubled its store network. It also crossed 100 outlets and now wants 200 stores by 2027.
The company says demand for lab-grown diamonds is rising in Tier-2 and Tier-3 cities. The report does not say how much money it made or where the next stores will open.
What the reporting says
Limelight Diamonds said it had tripled sales and doubled its store network over the past year, crossing 100 outlets, and now plans to reach 200 stores by 2027. The company linked the expansion to rising demand for lab-grown diamonds in Tier-2 and Tier-3 cities. The reporting does not say how much revenue changed, which locations are next, or what financing will support the plan.
Why it matters
Limelight Diamonds reported that sales tripled and its store count doubled over the past year, taking it past 100 outlets, and it plans to scale to 200 stores by 2027. Founder and MD Pooja Sheth tied the expansion to growing demand for lab-grown diamonds in Tier-2 and Tier-3 cities. The immediate business impact is a larger retail footprint, but the reporting does not state funding, margins, or the exact rollout schedule.