GJ Town India

  GJC hosts the Diwali edition, the season’s trend!   Honourable Governor of Maharashtra, Ramesh Bais, inaugurated the Indian jewellery industry’s most-awaited all-purpose event, India Gem and Jewellery Show (GJS), in a glittering ceremony held at the prestigious Jio World Convention Centre, Mumbai, on Saturday, 30th September 2023.   The guest of honour for this Diwali edition of GJS event was Suvankar Sen, MD and CEO of Senco Gold Ltd, and Dr Saurabh Gadgil, MD and CEO of PNG Jewellers.   The Diwali edition of GJS show is being organized from 30th September 2023 to 3rd October 2023. The inaugural session was attended by around 450 industry leaders and enthusiasts, among others who made the difference and are capable of setting directions for the growth in the future.   Speaking on the occasion, Honourable Governor of Maharashtra, Ramesh Bais, said, “Gems and jewellery industry has been a major pillar of economic growth of our country. India has been pr...

The meet Interacted new emerging trends The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, organised the Gem and Jewellery Buyer Seller Meet (BSM) at ITC Grand Maratha, Andheri, Mumbai, on September 29th and 30th, 2023. This event is specifically designed to cater to international buyers from the U.S., the U.A.E., Egypt, Germany, Lebanon, Panama and Saudi Arabia, constituting a total of 30 buyers.  The Indian gem and jewellery manufacturers showcased an extensive array of offerings, which encompassed of finished diamond jewellery and loose diamonds among other products. The BSM hosted a diverse group, including top marquis, large chain retailers, wholesalers, importers, top designers, distributors, and retail jewelers from around the world. This event showcased a comprehensive view of the Indian jewellery industry, covering both the production and supply side, as well as con...

Opens latest, 10th exclusive franchise showroom!   Kisna, a renowned jewellery brand under the esteemed Hari Krishna Group, boasts over 18 years of expertise in jewellery designing, manufacturing, and sales. Our commitment to quality, craftsmanship, and customer satisfaction has propelled us to become a trusted name in the industry. With our innovative, Mines to Market setup, we continually adapt to evolving consumer preferences, offering exquisite collections for every occasion and budget.   Our latest showroom in Bangalore is a testament to our dedication to serving local tastes and preferences. This exclusive showroom is meticulously designed to provide an extensive range of high-quality and trendsetting designs, perfect for everyday wear and the festive season. We believe in making every woman's dream of owning diamond jewellery a reality, and this showroom is a significant step in that direction. Kisna, which was established in 2005, has adopted a distribution-driven ...

CIBJO Technology Committee publishes the Report!     With just six days to go to the opening of the 2023 CIBJO Congress in Jaipur, India, on October 3, 2023, the tenth and final edition of this year’s pre-congress special reports has been released. Prepared by the CIBJO Technology Committee, headed by Stéphane Fischler, the report looks at the impacts of new technologies on the jewellery industry, and in particular those related to artificial intelligence, virtual and augmented reality, and big data.   “We need to learn as we move along, investing in digital infrastructure and talent, and using the data we capture in a legal and optimal fashion,” Fischler writes. “To prosper in this brave new world, we have to innovate in order not to be left behind.”   All of the various system discussed are dependent on the availability of data, collected via the Internet, and also increasingly from the data generated by the new technologies being introduced, he states. “But...

Indian High Fashion & Jewellery Shine The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, hosted a historic event - "Jewels UnBounded - a one-of-a-kind showcase in Hong Kong on the evening of September 21, 2023.  The event showcased India's rich and diverse range of gemstones, jewellery, and textiles to the discerning buyers from across Asia, highlighting the unique strengths in product engineering, design innovation, and manufacturing expertise within both the gems and jewellery and textiles sectors. Supported by Consulate General of India, Hong Kong, and Department of Commerce, Government of India, this scintillating event, Jewels Unbounded, was timed concurrently with the September Hong Kong Jewellery & Gem Fair, a significant industry gathering that attracts buyers from the entire spectrum of Asia, all seeking to acquire the finest gems and jewellery offering...

The risk of global shocks remains! Colin Shah   In a Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC), on the basis of an assessment of the current and evolving macroeconomic situation, the MPC at its meeting decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. The standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns with the target, while supporting growth.  These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.    On the RBI policy perspective, Colin Shah, MD, Kama Jewelry expressed that, “the RBI's decision to ho...

Monaco made it official, permitted back!   The World Diamond Museum (WDM) applied for a permit back in October 2022. On March 17, with the publication in the Journal de Monaco, the Ministry of State of the Principality of Monaco made it official.   The World Diamond Museum reached a significant milestone upon receiving a permit from the Ministry of State of the Principality of Monaco to establish itself in Monaco.   The statement reads: "The World Diamond Museum aims to be a dynamic, independent association, accessible to all, exercising its activities mainly in the Principality of Monaco. Its chief objective is to create, set up, administer, and promote a museum entirely dedicated to the theme of diamonds.   Located in the Principality of Monaco, the World Diamond Museum aims to highlight the link between the prestige of the Principality and the glamour of diamonds. The Museum will allow the Monegasque, international visitors, and scholars to become aware of...