GJ Town India

  The event graced by Fahad Ahmed Khan Suri   GJEPC launches SAJEX at the Curtain Raiser event in Jeddah and was graced by the esteemed Hon’ble Chief Guest, Fahad Ahmed Khan Suri, Consul General of India to Jeddah, Kingdom of Saudi Arabia [KSA], Eng Raed Ibrahim Almudaiheem, First Vice Chairman, Jeddah Chamber of Commerce, and Sheikh Ali Batarfi Al Kindi, President, Jeddah Jewellery Association, alongside the GJEPC leadership team Including Kirit Bhansali, Chairman, Nirav Bhansali, Convener, National Events, and Sabyasachi Ray, Executive Director. The Curtain Raiser in Jeddah marked a dynamic exchange between the gem and jewellery communities of India and Saudi Arabia.  The event served as a vibrant platform for sharing insights, exploring business opportunities, and discussing the immense potential of bilateral trade and collaboration between the two nations' jewellery sectors. A precursor to the main event - SAJEX 2025, scheduled during 11th -13th September, 2025....

  Kellie will leave the NDC room by the end of the year    On the media record, recently David Kellie wrote, following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural diamonds, I have advised our Board of Directors that I will be stepping down from my position at the Natural Diamond Council at the end of 2025.   At the occasion of historic Luanda Accord, “Bringing together key leaders in the industry highlights the challenge facing the industry of insufficient investment in growing consumer demand. I am appreciative to all the Ministers who attended the meeting and their commitment to focus on consumer demand as the driver of future prosperity. I’d also like to thank De Beers for their unwavering support, and to the diamond centers of Antwerp, Dubai and Mumbai for their role in making the Accord happen,” stated David Kellie, CEO of Natural Diamond Council.  The accord w...

  Diamond expo with a dazzling new venue to run until 13   The Surat Diamond Association (SDA) is proud to announce the return of its flagship B2B diamond exhibition, CARATS 2025, which will be held from July 11 to 13, 2025, at the newly designated venue, Avadh Utopia in Surat. Recognized as one of the most influential platforms for the diamond trade in India, CARATS 2025 promises to deliver an elevated experience for both exhibitors and visitors by moving to a state-of-the-art venue that matches the scale and stature of the industry it represents.   This year’s edition of CARATS will bring together a comprehensive showcase of the diamond value chain, featuring a vibrant mix of loose and lab-grown diamonds, fine jewelry, cutting-edge machinery, industry-specific software, and emerging technologies. Designed to be more than just an exhibition, CARATS 2025 is a confluence of tradition and innovation, where legacy businesses and emerging startups will stand shoulder ...

  The NDC report attempted to suggest how rare are FCDs   According to the Natural diamonds Council [NDC]’s Diamond Reports, Fancy Colour Diamonds [FCDs]- A series of reports uncovering the trends, origins and unique impacts of the ultimate Natural Gemstone; fancy colour diamonds are a quality of rarity. And the report attempted to suggest how rare are fancy colour diamonds.    There are varying estimates on what percentage of rough diamonds contain any fancy colour, although all agree it’s a small single-digit percentage. An even smaller fraction makes it through the polishing process with that colour intact. Of course, the rarity is even greater for certain colours than for the broader category, as some colours only account for a small fraction of all fancy colours. Rarity is one of the most compelling qualities that attracts collectors and jewellery buyers to fancy colour diamonds. But it is difficult to pin down.  Some factors that contribute to rari...

  Platinum in India’s jewellery market- the evolving narrative    Update 3: Platinum Guild International (PGI) India concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country.    The event continued its legacy as a key platform for platinum jewellery manufacturers and retailers to collaborate on maximizing platinum’s business potential, unlocking lucrative business opportunities, and highlighting its value proposition to consumers, especially with the upcoming festive and wedding season.    This year’s meet, hosted at the Grand Hyatt, Kochi, brought together 60 retailers & 14 manufacturers, making it one of the most well-attended and dynamic BSM editions to date. The event served as a forum for partner retailers and manufacturers across PGI’s deep and wide national ne...

  Celebrate nature's rarest & most colourful treasures    As the world's most prestigious and visionary maisons prepare to illuminate Paris Couture Week with their dazzling creations featuring the rarest, most exquisite, Fancy Colour Diamonds [FCDs], the world's spotlight is on the astonishing discovery of an extremely rare purple diamond at Canada's Diavik mine. The find is so exceptional that it's already being hailed as one of the most significant in recent memory, electrifying the industry and fuelling a surge of interest.    The excitement doesn't end there. June 2025 saw a string of record-breaking sales for fancy colour diamonds, including the nearly $14 million auction of the legendary Marie-Thérèse Pink diamond at Christie's New York and a standout $1.5-2 million fancy pink diamond ring at Sotheby's. Adding to the buzz, Lauren Sánchez has been hitting headlines with her dazzling pink diamond jewellery estimated to be worth millions of dollar...

  A blood donation drive that collected 1,022 units    Hari Krishna Exports marked a remarkable milestone: 33 years of dedication to excellence, integrity, and responsibility. Beyond another anniversary, this occasion served as a tribute to the values that have guided the organisation since its inception and to the many individuals who have been a part of this journey: clients, employees, partners, and well-wishers alike. And as a token of gratitude to our exclusive clients we did offer 1.33% off on every diamond purchase.    The celebrations this year carried a tone of gratitude and purpose. Across the company’s Mumbai and Surat units, the day began with a blood donation drive that collected 1,022 units, adding to a total of 21,404 bottles donated since the program began. Eye check-up camps were also organised. Everyone supporting this noble cause was warmly welcomed and appreciated. Dr. Himanshu Mehta, Viren Shah – President, NSCI, Hiten Anandpara, and...

  Kabra Jewels offer a jewel, a mix of natural round diamonds   Our company has launched a new offering in product suite - 3D Illusion Diamond Jewellery. Unlike traditional pressure or miracle settings which mainly feature round diamonds, the 3D Illusion setting uses a mix of natural round and baguette diamonds to achieve the visual brilliance of large solitaire looks.   Additionally, the 3D technique allows for a diverse range of diamond shapes — including marquise, princess, heart, pear, and round — offering unparalleled design flexibility and visual appeal. With pricing starting from INR ₹3 lakh, this collection is positioned to attract modern jewellery buyers seeking luxurious and innovative  designs at competitive prices. To strengthen its marketing efforts, the company has launched a strategic digital initiative titled “Jewel Jugalbandhi”, conceptualized by Founder & Managing Director Kailash Kabra and Executive Director Anand Thakkar. This engaging series ...

  The price of gold has lost some of its appeal   Dr. Renisha Chainani, Head- Research, Augmont - Gold for all said in the weekly Blog that, Gold loses lustre on optimism over US trade deals! The price of gold has lost some of its appeal , dropping 3% last week [June 23-28] as investors' optimism about the state of the world economy grows.    Investors applauded the news of the US trade agreement with China, as well as those with the EU, South Korea, and Vietnam. The move away from safe havens coincides with a period of de-escalating global tensions on all fronts: war worries are subsiding; tariffs have reached a standstill and are still in the grace period before being considered once more. Iran has demonstrated flexibility and a preference for diplomacy in geopolitics, as seen by its UN representative's statement that Tehran is amenable to establishing a regional nuclear consortium should an agreement be reached with Washington. The likelihood that the Israel-...

All the signatories agreed to contribute 1% of the annual revenue   The World Federation of Diamond Bourses expressed full support for the Luanda Accord, the agreement reached last week among major diamond-producing countries and trading centers to fund the promotion of natural diamonds, in a meeting in Luanda, Angola.   All the signing parties have agreed to contribute 1% of the annual revenue they generate from rough diamonds to the Natural Diamond Council’s promotion budget. The accord was signed by Botswana, Angola, Sierra Leone, Namibia, South Africa, the Democratic Republic of Congo, Antwerp World Diamond Center, the African Diamond Producers Association, Dubai Multi Commodities Center, and India’s Gem & Jewellery Export Promotion Council.    The Luanda Accord was signed a week after the WFDB Presidents’ Meeting in New York, where all parties agreed that it was imperative for the industry to join together to take action to support natural diamonds. ...

  A Tribute to Heritage, Craftsmanship & Timeless Elegance    Dassani Brothers, renowned for their legacy in Indian heritage jewelry, proudly present their latest offering; the Vintage Collection, a stunning ode to India’s regal craftsmanship and enduring design traditions. Rooted in the artistry of Polki and Jadau, this collection reinterprets age-old techniques through a modern, refined lens.    Every piece in the collection is a celebration of meticulous handcrafting and adorned with uncut diamonds (Polki), round brilliant cut diamonds, emerald cuts, cabochon emeralds, emerald baguettes, and ruby baguettes. Set in 14KT and 18KT gold with antique finishes, the designs evoke the grandeur of royal India while appealing to today’s discerning collectors. From majestic necklaces and intricate earrings to heirloom-worthy rings, the Vintage Collection captures the soul of India’s rich jewelry traditions, & those offering creations that blend cultural ...

  Hari Krishna Exports rejuvenates with a grand day out!   Hari Krishna Exports, known not only for its excellence in the diamond industry but also for its deep-rooted values towards people and purpose, recently organised a refreshing picnic for its 1535 employees.    The destination was none other than Wet’n Joy Water Park, nestled in the green hills of Lonavala, offering a blend of natural beauty, excitement, and relaxation. This thoughtful gesture was yet another reflection of the organization's commitment to employee welfare and workplace harmony. With more than three decades of growth and success, Hari Krishna Exports continues to believe that its people are its strongest pillars. Whether in manufacturing or marketing, every individual contributes to the organisation’s larger vision.  This picnic was not merely a recreational outing but a celebration of that collective effort, a day to unwind, reconnect, and cherish the camaraderie built over years ...