GJ Town India

Vela goes online from October 2, 2023  Hearts On Fire, the internationally recognized jewelry brand known for the unparalleled sparkle of its signature cut diamonds, rounds out its Vela collection with bold new designs this Fall. Designed to celebrate the modern woman who honors her truest self, the latest release debuts striking, diamond-intensive fashion pieces and strong classics destined to become personal statements. The Vela collection, launched in May 2023, was inspired by the beautiful moment when love takes flight. It is graceful yet strong. The gentle curves and swooping lines of feather motif are subtly placed throughout the collection, including on the Vela French Cut Pavé Collar, Vela Triple Row Pavé Bangle, Vela Twisted Drop Earrings and more.  

Sangeeta Boochra collaborates Nitibha Kaul   Step into the upcoming festive season in style with the Vividh collection by Sangeeta Boochra, created in collaboration with the talented Nitibha Kaul.  This exquisite jewelry line is designed to adorn you on special occasions like Ganesh Chaturthi, the vibrant Navratri celebrations, and the dazzling festival, Diwali. Vividh is an ode to the nature of femininity, symbolized by four enchanting colors: Red for love, Black for power, Blue for fluidity, and Pink for playfulness.    Each piece is a masterpiece of intricate metalwork and sparkling gemstones, merging contemporary boldness with traditional craftsmanship. Elevate your festive look with Vividh, radiating elegance and sophistication at every turn. Celebrate love, power, fluidity, and playfulness with Sangeeta Boochra's jewelry, embracing your unique spirit this festive season.  

They are offering diamonds to clients   Sber clients can now buy diamonds from the bank. The first clients have already purchased several precious stones to make jewelry for personal use.   Diamonds can also be a sound investment, just like investments in gold. The pricing of precious stones available for investment is more complex. Whereas for gold you measure only its weight, for diamonds you take into account their weight, shape, color, and quality. Each stone is unique. If, after the purchase, the diamond is not left in the manufacturers’ safe-keeping, repurchase will require a new expert evaluation.  

  Construction to begin by March at SUR-SEZ   KDT Diamonds is building a factory in India that can produce up to 100,000 carats of lab grown diamonds per year. KDT Diamond announced on the 25th that it received approval from the Indian Ministry of Commerce and Industry to establish a lab-grown diamond manufacturing and polishing plant.   KDT Diamond plans to complete construction of the factory in March of next year (2024) and begin operation in the same month, producing 36,000 carats in the first year of establishment. The goal is to produce 100,000 carats per year in the future.

Sotheby’s hammered fancy vivid blue, VS2 Clarity     A Magnificent and Important Fancy Vivid Blue Diamond and Diamond Ring, Set with a radiant-cut fancy vivid blue diamond weighing 11.28 carats, embellished with brilliant-cut diamonds and diamonds of pink tint, mounted in 18 karat white and pink gold.   Accompanied by GIA report no. 5221971812, dated 14 June 2023, stating that the diamond is Fancy Vivid Blue, Natural Colour, VS2 Clarity; also accompanied by a diamond type classification report stating that the diamond is determined to be a Type IIb diamond.  

Durga Puja campaign and latest collection offers It’s that time of the year when people across India, especially Bengalis, travel back home to be together with their loved ones and to celebrate the biggest festivity of the year - the Durga Puja. It’s the time of homecoming not only for Goddess Durga but for non-resident Bengalis too. It’s also the time to dress up and celebrate the festive spirit.                                                                                        

Ties principal partnership for TFA 2023 The British Fashion Council (BFC) is delighted to welcome Pandora, the world’s largest jewellery brand, as the Principal Partner of The Fashion Awards 2023 (TFA) taking place in London on Monday 4th of December at the Royal Albert Hall.  The BFC and Pandora will work together to evolve TFA 2023 presented by Pandora as a global entertainment platform, celebrating fashion's role at the intersection of culture and entertainment, spotlighting creative talent and telling the stories of the year in fashion through the lens of purpose, excellence and creativity. The event also serves as the primary fundraiser for the BFC Foundation.   

  Also hosted the 12th edition of NJA awarded The jewellery industry’s most premium B2B Expo, #HumaraApnaShow, India Gem and Jewellery Show (GJS), was organized by the apex industry body, the All India Gem and Jewellery Domestic Council (GJC), from 30th September 2023 to 3rd October 2023, at the prestigious Jio Convention Centre, Mumbai.  The four-day event was inaugurated by the honourable Governor of Maharashtra, Ramesh Bais, and was attended by over 400 exhibitors, with over 800 stalls, 250 international guests, and more than 10,000 visitors. The glittering ceremony also coincided with IDT Gemological Laboratories Worldwide presenting the gems and jewellery sector’s most important networking evening, GJS Nite, on 30th September 2023.  This event helped provide a platform for professionals and newcomers in the jewellery industry to network and build relationships with established industry leaders and experts.  The sparkling GJS Nite also featured several glamorous celebrities like So

  Supports the industry’s midstream rebalances   De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2023. The provisional rough diamond sales figure quoted for Cycle 8 represents the expected sales value for the period 18 September and 03 October and remains subject to adjustment based on final completed sales.   Al Cook, CEO, De Beers Group, said: “De Beers reduced its rough diamond availability and made sales of $200m as the industry’s midstream rebalances certain areas of stock accumulation.   De Beers will continue to support its Sightholders to help re-establish equilibrium between wholesale supply and demand by providing full flexibility for rough diamond allocations in Sights 9 and 10 of 2023, suspending De Beers Group online rough diamond auctions for the remainder of 2023, and investing an additional $20m in natural diamond marketing to help drive consumer demand during the holiday season.”  

  G7 Attempts to minimise any potential disruptions!   Recently, Trade Promotion Council of India (TPCI) said, G7 officials were exploring options to support Indian diamond traders in adhering to G7 sanctions against Moscow while minimizing any potential disruptions.    G7 representatives, in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB), were exploring avenues to support Indian diamond traders in adhering to the G7’s sanctions on Moscow while ensuring minimal or no disruptions, according to Anoop Mehta, President of the BDB.   The recent communication represents a significant development for local diamond traders, as G7’s sanctions on Russian stones have been a setback for the nearly 1.5 million-strong Surat diamond industry. This industry has also been grappling with reduced demand and the effects of a global economic slowdown. The G7, consisting of the United States, the United Kingdom, France, Germany, Italy, Jap

The collection marks a significant milestone! On the onset of winter wedding, House of Surya, India's leading fashion brand, dazzled the fashion world with its exotic bridal collection-Sajda. Surya today launched the much-anticipated launch of its latest bridal collection- Sajda. This collection marks a significant milestone for the brand, as it continues to redefine premium and luxury bridal wear. With the bridal season in full swing, House of Surya invites brides-to-be, fashion enthusiasts, and connoisseurs of timeless elegance to explore a captivating array of bridal couture that combines tradition with contemporary aesthetics. This new collection promises to elevate the bridal experience to new heights. “With the launch of Sajda, we reinforce our commitment to reinventing creativity, craftsmanship, and classical elegance. Our design team has poured their passion and creativity into crafting each piece, ensuring that brides radiate timeless beauty on their special day.  From int

Organised from 3rd to 5th October Gem & Jewellery industry pledges to enhance Trust, Transparency, Sustainability, Traceability & Responsible Sourcing thru’ self-regulation The World Jewellery Confederation (CIBJO) held its annual Congress for the first time in Jaipur at Fairmont, Jaipur. The Congress is being organised from 3rd to 5th October. Pre-Congress meetings were held on 1st and 2nd October. The 2023 Congress is being hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and the National Gem & Jewellery Council of India (NGJCI) supported by Ministry of Commerce and Industry and MSME Ministry, Govt. of India. The inaugural session was graced by Piyush Goyal, Union Minister of Commerce & Industry, Government of India, (shared a virtual message); Gaetano Cavalieri, President, CIBJO; Vipul Shah, Chairman, GJEPC; Pramod Kumar Agarwal, Vice President, India, CIBJO and Chairman, NGJCI; R. Arulanandan, Director, Department of Commerce, Govt. of India; Ferie

A night of glamour with over 2,000 jewellery   IDT Gemological Laboratories Worldwide presented the gems and jewellery sector’s most important networking evening, GJS Nite, to meet and forge relationships with experienced and enthusiastic industry leaders on 30th September 2023, at the iconic Jio World Convention Centre, Mumbai.   The glittering GJS Nite was organised by GlamBox Xperience & Xpositions and was supported by the All India Gem and Jewellery Domestic Council (GJC) India, the apex industry body representing over 400,000 Indian jewellers and millions of stakeholders across the jewellery fraternity. Over 2,000 participants from all sectors of the jewellery industry, such as manufacturers, wholesalers, traders, and retailers; attended the industry’s most flamboyant networking event.  This event, full of entertainment, was followed by a Fashion Show at the same venue, featuring trending and inspiring young models and celebrities walking the ramp showcasing their respecti

The Only Diamond and Diamond Jewellery show   The Bharat Diamond Week (BDW) 5th edition organized by Bharat Diamond Bourse (BDB), world's largest diamond exchange, opened with International dignitaries from Angola, Botswana and buying delegation from over 6 economies along with Indian buyers visiting the Exhibition. In spite of the current volatile situation, BDW the only Diamond and Diamond Jewellery, exhibition saw encouraging participation from buyers.   The Bharat Diamond Week 5th edition saw Industry glitterati descend in Mumbai which in itself is testimony and motivation to the entire Gems and Jewellery sector. Delegates from Angola, Dr. Jose Galiano, Advisor to Minister, Ministry of Mineral Resources Petroleum and Gas, Dr. Eugenio Bravo Da Rosa, Chairman / CEO, Sodiam E.P., Mmetla Masire, Managing Director, Okavango Diamond Co, Botswana, K.P. Abdul Salam, Vice Chairman, Malabar Group, Yoram Dvash, President, World federation of Diamond Bourses were the guests of honor al