GJ Town India

  Advancement in marine diamond recovery technology   Debmarine Namibia is proud to announce a landmark advancement in marine diamond recovery technology with the unveiling of the Next Generation Crawlers, a transformative leap forward in offshore recovery innovation. This milestone marks the successful delivery of two 800NB (NB refers to Nominal Bore, indicating the internal diameter of the crawler’s pipeline system) crawlers and an upgraded recovery system engineered for seamless integration with the MV Benguela Gem.   This milestone marks the successful delivery of two 800NB crawlers and an upgraded recovery system engineered for seamless integration with the MV Benguela Gem.   These state-of-the-art crawlers represent the pinnacle of marine engineering. Purpose-built to operate in coarser gravels and higher-density panels, they deliver a 20% increase in mining rate and a 30% improvement in pump life. Weighing 370 tonnes these machines redefine operational capabil...

  Silver jewellery exports up over 12%, Coloured gemstone & LGDs export falls   According to the India’s provisional gross export data of Gold Medallions & Coins for the period April 2025 - August 2025 at US$ 1.77 million (Rs. 15.27 crores) shown a decline of (-) 98.440% (-98.38% RS. term) over the comparative figure of US$ 113.31 million (Rs. 944.54 crores) for previous year-[ Year over Year-YoY].   While, provisional gross export of India suggests, silver Jewellery for the period of April 2025 - August 2025 at US$ 419.09 million (Rs. 3613.06 crores) shows growth of (+) 12.48% (16.06% Rs. term) over the comparative figure of US$ 372.6 million (Rs. 3113.05 crores) for previous year. India’s provisional gross export of Platinum Jewellery for the period April 2025 - August 2025 at US$ 83.15 million (Rs. 715.91 crores) shown growth of (+)13.52% (16.97% Rs. term) over the comparative figure of US$ 73.25 million (Rs. 612.06 crores) for previous year.  ...

  Record levels of client activity at ABC Bullion     Precious metal demand has surged to record levels at ABC Bullion, in line with a global rally that has pushed gold toward USD $3,750/oz and silver above USD $45/oz. The metals have emerged as standout assets in 2025, with central banks, high-net-worth investors, and family offices rapidly increasing allocations. Even major investment firms like Morgan Stanley are now suggesting up to 20% portfolio exposure to gold.   According to the Augmont Bullion, they noted for 23 September, “Precious Metals soar to a record high, but it's time to be cautious! Silver reached a 14-year high of $44.77 (~Rs 135,700) and gold reached a new record high of $3824.6 (~Rs 114,179) as traders reevaluated the Federal Reserve's stance in response to reasonable comments made by Chair Jerome Powell.” Augmont analysed on 24 September that, “Precious Metals halt its upside rally! The surge in gold and silver has slowed as investors wait for t...

The Group’s net debt as 30 June at USD 61.2 mn   Recently, Gemfields announce the Company’s financial results for the six months to 30 June 2025 (2025 Interim Results and highlighted, Summarised Results. According to the Summarised Results, 1: total revenue for the six months to 30 June 2025 of USD 64.2 million. 2: EBITDA loss for the six months to 30 June 2025 of USD 4.9 million.   3: Free cash flow before working capital movements for the six months to 30 June 2025 of USD 22.1 million due to significantly lower auction revenue and substantial capital expenditure at Montepuez Ruby Mining (MRM) in Mozambique. The Group’s net debt position at 30 June 2025 was USD 61.2 million (before USD 16.1 million of auction receivables and which are now 100% collected). Sean Gilbertson, CEO of Gemfields, commented, “This has been a challenging first half marked by gemstone production difficulties at both mines. MRM experienced lower premium ruby output while Kagem Mining (Kagem) su...

  Inaugurates Modernised State-of-the-Art Campus for Future   Update 1: The Indian Institute of Gems & Jewellery (IIGJ), Mumbai, celebrated the inauguration of its newly modernised, state-of-the-art campus with a grand ceremony graced by distinguished leaders from the gems and jewellery industry.   The event was inaugurated by Guest of Honour, Dilip Lakhi, Chairman - Lakhi Group, who cut the ribbon in the presence of Chief Guest, Kirit Bhansali, Chairman - GJEPC India; Guest of Honour, Raj Parikh, MD - Unidesign Jewellery; and other esteemed dignitaries, including Adil Kotwal, President - SEEPZ GJMA, Sanjay Kothari, Founding Board Member - IIGJ Mumbai, and Sabyasachi Ray, Executive Director - GJEPC.   The unveiling ceremony was hosted by Milan Choksi, Chairman – IIGJ, alongside Debasish Biswas, CEO – IIGJ, who highlighted the Institute’s renewed vision to provide world-class training and innovation platforms for students in the gems and jewellery sector. ...

  Industry experts & opinion leaders discussed, Polishing Our Future   The second edition of the BDB Leadership Series themed, Polishing Our Future - concluded successfully with world renowned speakers attending the preparatory conference for the Gem and Jewellery Industry members.    This was the third day of the three-day conference, the first two days dedicated to presentation of research papers by globally acclaimed scientists under the AGDRT [Advances in Gem & Diamond Research & Technology], an annual meet organized by GII [Gemmological Institute of India].    H.E. Frank Geerkens, Consul General Belgium in Mumbai was the chief guest as the Leadership Series began with a lamp lighting ceremony. Addressing the participants, Anoop Mehta spoke on the importance of the BDB Leadership series for the gem and jewellery Industry members.    He threw light on the present challenges that are being faced in the industry due to many reasons su...

  The book is Authored by D. Sivanandhan   Bharat Diamond Bourse (BDB), the world’s largest diamond exchange, launched, The Brahmastra, a book authored by D. Sivanandhan, IPS (Retd.), former Director General of Police, Maharashtra, and former Commissioner of Police, Mumbai. The event reflected BDB’s role as more than a global diamond trading hub, serving also as a venue for cultural and community milestones.     The book chronicles Sivanandhan’s pivotal role in dismantling Mumbai’s underworld during the turbulent 1990s and early 2000s. In the aftermath of the 1993 serial bomb blasts, which killed 257 and injured nearly 1,500 people, Mumbai was under siege by an organized crime syndicate. Mafia networks led by Dawood Ibrahim orchestrated murders, extortion, and kidnappings, with over 150 high-profile victims including industrialists, builders, and celebrities. In 1998, at a time when many were hesitant to take charge, Sivanandhan assumed office as Joint Commis...

  A complimentary recognition awarded to NDs retailers!   The Natural Diamond Council [NDC] Premier Retailer accreditation [PRA] is a complimentary recognition awarded to qualifying natural diamond [ND] retailers who promote standards of excellence in retail. This distinction highlights best-in-class retailers through the Premier Retailer seal—a trusted mark of excellence and quality, granted to retailers who meet five uncompromising standards.   All retailers who meet the criteria enjoy exclusive benefits, including 3rd party accreditation, editorial coverage, educational materials, events and in-store POS toolkits. This distinction highlights best-in-class retailers through the Premier Retailer seal—a trusted mark of excellence and quality. Premier Retailer Accreditation Criteria is to be recognized as a Premier Retailer by Natural Diamond Council, five standards must be met to be awarded the Premier Retailer seal. Those five standards are, 1. Showcases a curated s...

  India’s Gold Jewellery export increased over 18 percent in August    India’s over all Gold Jewellery that includes both, Plain & Studded categories that grew exports in the August 2025. Total gross export of Gold Jewellery at US$ 817.19 million (Rs. 7153.83 crores) in month of August 2025 is showing a growth of (+)18.78% (23.95% in Rs. term) as compared to US$ 688.00 million (Rs. 5771.50 crores) for the same period of previous year.    While, provisional gross export of Total Gold Jewellery for the period April 2025 – August 2025 at US$ 4626.10 million (Rs. 39766.04 crores) shown a growth of (+) 26.72% (30.40% Rs. term) over the comparative figure of US$ 3650.63 million (Rs. 30494.82 crores) for previous year. At the Plain Gold Jewellery category, the total export of Plain Gold Jewellery at US$ 419.51 million (Rs. 3672.77 crores) in month of August 2025 is showing a growth of (+) 63.24(70.36% in Rs. term) as compared to US$ 256.99 million (Rs. 2155...

  Gold’s timeless influence on art, identity, science & societal life   The World Gold Council [WGC] unveils a new documentary, Touched by Gold, a powerful exploration of gold’s enduring influence on culture, creativity, and society, told through the voice and life stories of Elton John.  Touched by Gold charts his pervasive connection to gold, granting audiences an exclusive look at his personal archive and revealing the intimate ways gold has inspired his art, his music, and his sense of individuality.    Throughout the film, he shares the many deep and personal connections he has forged with gold over the years, giving unique insight to his storied life and artistic achievements. From his legendary stage costumes to iconic accessories, Elton’s story is woven with the brilliance of gold, as a timeless symbol of his identity and stage persona.    Touched by Gold goes beyond fashion and performance, shining a light on gold’s vital but...

  Guideline for jewellery business and product integrity   With fewer than five weeks to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the sixth of the pre-congress Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Sara Yood, the report outlines four critical dimensions of business integrity as relevant to the jewellery and watch industries, namely anti-money laundering and financial transparency, marketing ethics and greenwashing risks, consumer disclosure and product integrity, and technology and transparency tools.  “Today, no issue is more urgent than ensuring integrity and transparency across the supply chain,” Yood writes. “As consumer expectations evolve and regulatory frameworks tighten, the industry must reaffirm its commitment to honest practices that protect both businesses and consumers.”    New technologies may be a useful tool for strengthening the integrity of the jewell...

  NJA among the highest accolades in Indian Jewellery Sector    Dassani Brothers, one of India’s renowned names in the jewellery industry, has been honoured with the prestigious “Bangle/Bracelet/Kada of the Year (Polki/Jadau)” award at the 14th Edition of the National Jewellery Awards (NJA) 2025, presented by the All India Gem & Jewellery Domestic Council (GJC) in association with the World Gold Council.    The National Jewellery Awards are considered among the highest accolades in the Indian jewellery sector, celebrating innovation, craftsmanship, and excellence. Dassani Brothers’ win in the Polki/Jadau category is a testament to their exceptional artistry, design leadership, and ability to blend traditional craftsmanship with contemporary elegance. The award-winning piece is a celebration of nature’s eternal beauty. Inspired by a blooming garden frozen in its most perfect moment, it brings together emerald leaves, ruby buds, and diamond blossoms th...

  Right time for SEEPZ SEZ to design a long-term strategy    India’s overall gross export of Cut & Polished [C/P] diamonds remained at US$ 972.29 million (Rs. 8508.66 crores) in month of August 2025 is showing a decline of (-)6.29% (-2.260% in Rs. Term) as compared to US$ 1037.59 million (Rs. 8705.35 crores) for the same period of previous year.    The overall gross imports of Cut & Polished diamonds totaled at US$ 112.70 million (Rs. 986.18 crores) in month of August 2025 is showing a decline of (-)3.65% (0.49% in Rs. term) as compared to US$ 116.97 million (Rs. 981.40 crores) for the same period of previous year.    The overall gross imports of Cut & Polished diamonds in DTA remained at US$ 15.07 million (Rs. 131.84 crores) is showing a negative of (-) 62.59(-60.99% Rs. term) as compared to US$ 40.28 million (Rs 337.94 crores) for the same period of August 2025.  The overall gross imports of Cut & Polished diamonds in...