GJ Town India

It’s Always Happy Hours Themed celebration until  7th May 33 years ago, Anmol began its journey of iconic designs and innovation.   Since then, under the leadership of Mr. Ishu Datwani, Anmol has carved an ‘Era of Design’, emerging as the High Jeweller of the 21st Century. A celebration of this journey, Anmol unfolds an eclectic edition of cocktail jewellery with ‘Anmol’s Club 33’ collection. A splendid composition of vivacious contemporary designs and artistic forms, ‘Anmol’s Club 33’ collection captures the brand’s passion and commitment to excellence in design and craftsmanship. The collection displays finely crafted necklaces, exquisite cocktail rings, classy earrings and statement cuffs. As a celebration of 33 vibrant years of Anmol, the collections brings precious coloured gem stones, briolettes, pearls and clusters of sparkling diamonds that create a perfect symphony of unparalleled rarity and perfection. The collection is crafted in 18k white gold, ros...

…while market is at transformation! This is in general in India that to expect from budget and especially a relaxation of tax-n-levies! De facto the Union government has determined to implement the comprehensive gold policy for India which is being impending since independent of India. Government is firm to reform the gold market India & that includes everything in the context gem-n-jewellery (GJ) industry & trade and that begins right from gold import & up to selling to consumers, including skill development & consumers’ right protection. So far as what I have learned that the road map of the government is very prudent to reform the industry & trade. Yet, let’s talk suits to the occasion! Lets’ expect from the budget yet the government is firm to give a whole of the well regularized industry & trade including exports with all EoDB! Fantastic working is on at the Union government for our gem-n-jewellery industry & trade. That has begun...

Many jewellers & segments fetch over 15% sales YoY This Dhanteras remain a classic case of demand & supply. Initially no jewellers had expected any growth at the festive. Later all of the sudden market sentiments get changed and many leading had expected the Dhanteras to grow over 20% by adding wedding season advantage! Yet over all the Dhanteras grew over 7% only pan India YoY.   Mr Nitin Khandelwal, Chairman, All India Gem and Jewellery Domestic Council (GJC): “This Dhanteras has been better than our expectation. The sales have seen a positive figure as compared to last year and we have experience over 7-10 percent higher jewellery sales compared to last year Dhanteras. This festive season followed by a long wedding season is going to contribute substantially in sales. The consumers are witnessing new promotions and attractive schemes across India by Jewellers, thus giving a win-win situation for both.” Mr Saurabh Gadgil, Chairman and Managing Direct...

Good endeavour to halt CAD & To support the Make In India Craftsmen & Artisan would benefit! Recently by a notification government hiked up import tariffs on 19 items where about six items are related to GJ (Gem-n-Jewellery) industry & trade. It is to be noted that, the items are, 1: Non industrial diamond (other than rough diamonds), i.e., cut and polished diamond, 2: Diamonds-semi processed, half cut or broken, 3: Lab grown diamonds, 4: Cut and polished Colored gemstone, 5: Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal & 6: Articles of Goldsmith or silversmith wares and parts thereof of precious metal or of metal clad with precious metal. Now, industry leaders & players have reacted & casted their feedback on the tariff hike! Here are the choicest expressions! Aditya Pethe, Director, WHP Jewellers said, “This is a welcome move as it will discourage Indian retailers from importing...