Editor’s Note
This article highlights a strategic shift in the gemstone industry, as India leverages its technological leadership to reshape global supply chains. Theicelane’s dual-model approach exemplifies how companies are adapting to capture emerging market opportunities.

As India solidifies its position as the global leader in sustainable gemstone production, Theicelane has announced a strategic expansion of its dual-model operations. Under the leadership of CEO and Founder Hema Khatwani, the company is leveraging a unique synergy between B2B industrial supply and Direct-to-Consumer (D2C) retail to capture the surging 2026 market.
The move comes as global supply chains shift toward high-tech Indian laboratories. According to SkyQuestt.com: “In 2025, manufacturers in countries like India and China ramped up production and exports of rough diamonds to meet rising global demand for both industrial use and precision cutting operations by jewelry designers and equipment producers.”

While many manufacturers focus solely on bulk exports, Hema Khatwani has positioned TheIceLane to serve two distinct, high-growth pillars:
1. **B2B Excellence: Empowering Global Jewelry Designers** – The Ice Lane’s manufacturing arm now supports international jewelry houses and independent designers with high-precision CVD (Chemical Vapor Deposition) rough and polished stones. By providing bulk access to Type IIa diamonds—the rarest and most chemically pure category—The Ice Lane has become a critical node in the global B2B supply chain for 2026.

2. **D2C Innovation: Making Luxury Accessible** – On the consumer side, The Ice Lane’s D2C platform has disrupted the traditional retail model. By cutting out the middlemen, Khatwani offers certified, high-jewelry-grade lab-grown diamonds directly to shoppers at 60–90% less than mined diamond prices. This “Lab-to-Finger” approach ensures full transparency, allowing consumers to trace their diamond’s journey from the Surat reactors to the final setting. Especially Theicelane lab-grown earrings have seen a massive surge in demand among Gen Z consumers seeking ethical luxury.

With India’s LGD market nearing a $1.5 billion valuation, TheIceLane’s dual model addresses the 2026 demand for both volume and variety. By utilizing advanced CVD technology, the company produces stones that are physically, chemically, and optically identical to mined diamonds but with a significantly lower carbon footprint and zero ethical conflict.
Founded by Hema Khatwani, The Ice Lane is a premier lab-grown diamond manufacturer and retailer. Operating out of the world’s diamond-cutting hub in Surat and headquartered in Ajmer, the company specializes in CVD technology to produce IGI and GIA-certified diamonds. The Ice Lane serves a global B2B clientele while maintaining a leading D2C presence, offering sustainable luxury for engagement rings, daily wear, and high-fashion jewelry.