Titan will be unable to compete with lab grown diamonds: Milind Karmakar

Discussion in 'Portfolios Of Famous Investors' started by Vidhi Khanna, Oct 21, 2024.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Milind Karmakar says he sold Titan after 20 years of holding because it will be unable to compete with lab grown diamonds which cost a fraction of natural diamonds. "Diamonds will become a commodity. When people of lower strata start wearing diamonds, it will lose its snob value"

    https://x.com/ETNOWlive/status/1848244708868493526
     
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