GJ Town India

  GJEPC Welcomes the trade - specific policy- A Milestone of  Joint Efforts   In a landmark move, the Government of Maharashtra announced the Maharashtra State Gem & Jewellery [GJ] Policy 2025, becoming the first state in India to introduce a dedicated policy for the gem and jewellery sector. The policy aims to attract investments worth ₹1 lakh crore and create over 5 lakh new jobs, marking a major step towards transforming Maharashtra into a global hub for jewellery manufacturing, exports, and design.   The Gem & Jewellery Export Promotion Council (GJEPC), has been actively working with the Department of Industries, Government of Maharashtra, for the past one and a half years on developing this policy framework. Through several consultations and stakeholder meetings, GJEPC provided valuable inputs to ensure that the policy addresses the industry’s evolving needs, right from manufacturing and infrastructure to skilling and export facilitation. The ne...

  CEPA looks at promising sectors including gems and jewellery   The Union Minister of Commerce and Industry, Piyush Goyal, was on an official visit to Doha, Qatar on 6–7 October 2025 to co-chair the meeting of the India–Qatar Joint Commission on Economic and Commercial Cooperation along with Sheikh Faisal bin Thani bin Faisal Al Thani, Minister of Commerce and Industry of the State of Qatar.    A bilateral meeting of Commerce and Industry ministers of both sides was also held, where both Ministers reviewed the overall trade and economic relationship, addressed existing trade barriers, and explored new areas for cooperation in sectors such as finance, agriculture, healthcare etc.    The two Ministers then jointly addressed the India–Qatar Joint Business Council (JBC) meeting. The Commerce and Industry Minister of India highlighted that despite global economic headwinds and supply chain disruptions, India continues to demonstrate strong macroecon...

  Championing Everyday Luxury with Lab-Grown Diamonds    Lukson, the next-generation fine jewellery brand from the JK Star Group, announced the appointment of celebrated actress Vaani Kapoor as its official Brand Ambassador. With this partnership, Lukson strengthens its vision of making sustainable, design-led, and affordable luxury jewellery a part of everyday life for modern India.    Founded in 2024 by third-generation diamantaire Anand Lukhi and co-founder Vedant Lukhi, Lukson was born with a bold mission to shift the diamond conversation from mined opulence to mindful beauty. Backed by the 34-year legacy of the JK Star Group, which includes natural diamonds, luxury jewellery, and pioneering lab-grown diamond ventures, Lukson is India’s first D2C brand to fully own its supply chain, ensuring transparency, quality, and unmatched value. Vaani Kapoor was chosen as the face of Lukson because she embodies modern elegance, individuality, and confidence. Wi...

  Senco artistry campaign with Kiara Advani    Senco Gold & Diamonds, India’s leading jewellery house known for its timeless artistry and trust, proudly presents its latest collection and campaign, Elements of Nature- featuring brand ambassador Kiara Advani.  A celebration of the earth’s most exquisite muse, Elements of Nature draws from the poetry of the natural world.    From the graceful curve of a wave to the fiery brilliance of molten lava, from the sparkle of distant constellations to the delicate vines and blossoms of the forest - each design transforms nature’s essence into breathtaking jewellery.    Senco’s master karigars, revered for their generational craftsmanship, have meticulously shaped these inspirations into creations in gold, diamonds, and polki. The result is a collection that mirrors nature’s strength and elegance while paying homage to its finest creation; the women who wear them. As the face of the campaign...

  AGTA Members Approved the Bylaws Amendments   The American Gem Trade Association (AGTA) announced the results of its annual AGTA Board of Directors Election and AGTA Bylaws Amendments. There were eight Directors elected to the Board. The following AGTA Firm Members were elected to serve a (3) three-year term on the Board of Directors: Ann Barker, Barker & Company; John Bradshaw, John J. Bradshaw; Bruce Bridges, Bridges Tsavorite; Malinda Daniel, Tim Roark, Inc.; Ravi Jajoo, United Color Gems, Inc.; Oren Nhaissi, EMCO Gem, Inc.    The following AGTA Firm Members were elected to serve a (2) two-year term on the Board of Directors: Jaimeen Shah, Prima Gems USA, LLC, and Bryan Lichtenstein, 3090 Gems. The Directors-elect will take office in February 2026.    The following Members will continue with their positions on the Board, Dudley Blauwet, Dudley Blauwet Gems; Matthew Hopkins, Hopkins Opal; Cynthia Renee Marcusson, Cynthia Renee, Inc; Eshvar Kotahwal...

  Uncertainties supported bullion prices to rise phenomenally    According to the Weekly Blog of Dr. Renisha Chainani, Head- Research, Augmont suggest, gold prices have surged 50% this year to touch a record level of $3965 (~Rs 120,000), and Silver has surged 65% this year to touch the level of $48.48 (~Rs 147,500) on safe-haven demand due to market uncertainty.     2025 has been the year of uncertainties- it started with political uncertainty, then tariff uncertainty, then geopolitical uncertainty, then rate cut uncertainty and now US shutdown uncertainty. All these uncertainties have supported bullion prices to rise phenomenally this year on safe-haven demand.    A weaker dollar, robust central bank purchases, rising demand for gold-backed Exchange-Traded Funds, and growing interest from retail investors looking to hedge against rising trade and geopolitical tensions are all contributing factors.    The demand for gold-backed ETFs, fu...

  At US$ 59.43 per carat, Gemfields earns US$ 11 million    Gemfields announces the results of a mini-auction of Mozambican rough rubies from Montepuez Ruby Mining (MRM) held via online bidding after viewings in Bangkok, Thailand from 29 September to 3 October 2025 .    According to the highlights of Mini Mixed-Quality Ruby Auction , for the September - October 2025 are; 1: Auction revenues of USD 11.0 million, 2: 26 of the 33 lots on offer were sold, 3: 62% of the 297,449 carats on offer were sold & 4: Average realised price of USD 59.43 per carat.    Adrian Banks , Gemfields’ Managing Director of Product & Sales, commented, “This mini-auction primarily featured medium and commercial grades of secondary material sourced from a recently developed mining area in, the Maninge Nice ; domain and where our processing activities have been concentrated in recent months. We are encouraged by both the results and the strong customer enga...