Titan's entry into lab-grown diamonds resurfaces: first beYon store opened in Mumbai in late December

Titan Company opened beYon, its lab-grown diamond jewellery brand, in Mumbai on December 29, 2025, with more outlets planned across Mumbai and Delhi. The move adds a diamond-alternative proposition alongside Tanishq, Mia and Zoya.

— FiledFri, 24 Jul, 2026, 19:21 IST·First seen Fri, 24 Jul, 2026, 19:20 IST·Source Financial Express · BrandWagon

What happened

Titan Company · Titan will enter lab-grown diamond jewellery through beYon, opening its first exclusive Mumbai store on December 29. The company plans further

Key facts

  • First beYon store opens in Mumbai on December 29
  • A couple more stores planned in Mumbai and Delhi
  • Q2 consolidated profit rose 59.1% YoY to Rs 1,120 crore
  • Jewellery revenue rose 29.3% to Rs 16,522 crore
  • Domestic jewellery revenue grew 18% to Rs 12,460 crore

Why this matters

Titan’s standalone beYon format signals a build-led move into lab-grown diamonds, potentially increasing its need for differentiated sourcing, technology, and brand partnerships as the rollout expands.

What to watch

  • Number and location of beYon openings beyond the first Mumbai store, especially whether rollout extends outside Mumbai and Delhi.
  • Pricing gaps between beYon lab-grown diamond products and comparable natural-diamond jewellery at Tanishq, Mia and competitors.
  • Titan commentary on same-store sales, gross margins, average ticket size, store payback and customer demographics for beYon.
  • Launch of exchange, buyback, lifetime-value or certification policies for lab-grown diamond purchases.
  • Competitive responses from organised jewellers, D2C lab-grown diamond brands and marketplaces.
  • Evidence of lab-grown diamond price declines accelerating or stabilising in India.
  • Whether beYon is maintained as a standalone banner or integrated into other Titan jewellery store formats.
  • Open additional beYon stores in high-income Mumbai and Delhi catchments after validating Mumbai conversion, average transaction value and repeat purchase.
  • Build a distinct lab-grown diamond assortment around bridal alternatives, gifting, solitaires and lightweight daily-wear designs.
  • Introduce certification, buyback, upgrade or exchange assurances to address resale-value concerns and differentiate from unorganised sellers.
  • Use Titan’s omnichannel network for appointment booking, digital catalogue discovery and cross-brand customer acquisition.
  • Test lab-grown diamond collections or shop-in-shop placements within selected Titan jewellery formats before wider national expansion.
  • Increase marketing that frames lab-grown diamonds as design-led and accessible rather than solely sustainable, reducing consumer confusion with natural diamonds.