GJ Town India

Cut & Polished diamonds export grew 32% in February! India’s gem and jewellery (GJ) exports witnessed a resurgence in February, buoyed by of both the Chinese and Middle East markets. In February 2023, the overall gem & jewellery exports witnessed a surge of 24% to Rs 28832.86 crores as compared to Rs 23326.80 crores for the same period last year. In February 2023, the overall gross export of Cut & Polished diamonds witnessed a strong growth of 32% to Rs 19582.38 crores as compared to Rs 14841.90 crores in February 2022. For February 2023, the total gross export of Gold Jewellery (Plain & Studded) grew 29.89% to Rs 5829.65 crores as compared to Rs 4488.30 crores for the same period last year.    Commenting on the surge in exports experienced during the month of February Vipul Shah, Chairman, GJEPC said, “GJEPC is excited about the strong pace of demand observed by Indian exhibitors at the recent Hong Kong show, which revealed the untapped demand in the Chinese market.  I

Brand ambassador once again…   PNG Jewellers, one of India's leading jewellery brands, announced the signing of Madhuri Dixit as its brand ambassador for the next two years. Madhuri Dixit, the renowned Bollywood actress, known for her elegance and grace, will represent the brand globally and across India.  Madhuri was previously the brand ambassador for PNG Jewellers for a two year period. PNG Jewellers has been crafting exquisite jewellery for nearly two centuries and has 36 stores across India, USA and UAE. The brand offers a wide range of jewellery collections, including bridal, gold, natural diamond jewellery and silver jewellery.    Madhuri Dixit will feature in PNG Jewellers' upcoming advertising campaigns, social media content, and other brand promotional activities, starting with the Gudhi Padwa campaign.    "We are delighted to have Madhuri Dixit as our brand ambassador, and we look forward to working with her over the next two years," said Saurabh Ga

Everlite says: the brand is listening woman!   Everlite, the light-weight gold and diamond brand from Senco Gold & Diamonds, a pan-India jewellery retail player has rolled out a Women’s Day campaign called #HearMeOut.   The premise of the campaign is while the struggles and successes of a regular woman often goes unheard amid the rush of our daily lives, and while they wish they could say #HearMeOut to the world around them, Everlite says that the brand is listening and promises to lend an ear to each woman.   The film shot by Digitale aims to make the women feel heard, recognised and appreciated and showcases that it is important to also listen to stories of women who exist around us every day apart from celebrating those journeys that carry a milestone or historic events.  The film which was shot entirely on iPhone and shot within a span of 10 hours is written by non-binary female lesbian screenwriter Priyadarshini Chitrangada and features transgender activist Anurag Maitre

Continued steady demand for rough: DeBeers   De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the second sales cycle of 2023. The provisional rough diamond sales figure quoted for Cycle 2 represents the expected sales value for the period 20 February and 7 March and remains subject to adjustment based on final completed sales.   Al Cook, CEO, De Beers Group, said: “In this, my first Sight update to the market, I am pleased to see continued steady demand for rough diamonds in line with our expectations for sales as the year progresses.   For example, we know that Sightholders planned more of their purchases for later in 2023, given the economic uncertainty at the time they were taking their planning decisions at the end of 2022. It is also encouraging to see some positive trends in end client demand for diamond jewellery at the start of the year.”  DeBeers Cycle 2 2023 (provisional) [1] Cycle 1

The 95th Oscars best natural diamond looks   Oscars, a time when the brightest and the biggest of stars hit the red carpet in their most sophisticated, flamboyant outfits and flaunt their jewellery. With Deepika Padukone and the cast of RRR representing the nation at the ceremony, the Indian audiences witnessed, what we would call a 'historic win', with their eyes filled with tears and heart filled with pride.   The Oscars are known for headline-hitting red carpet moments, and the 95th Oscars were no different. Here is a round-up of 7 of the best natural diamond looks this year:    Florence Pugh: Highlighting the term unique and creative, Florence Pugh has a style unlike any other. Known for her contemporary take on fashion, she stunned at the red carpet with her unique natural diamond necklace design from Tiffany’s Botanica collection.    Rihanna: There's no denying of the star power that comes with the ‘Diamonds’ singer. Known for her flamboyant outfits and sparkl

India's largest omnichannel jewellery brand Multipl, a leading platform for savings and investments, has announced an exclusive partnership with CaratLane, India's largest omnichannel jewellery brand. CaratLane will offer a monthly saving plan to Multipl users.    In the offer, users can save for 4-10 months with Multipl, and get up to 70% of the final month's deposit added to their savings by CaratLane. For instance, if a user wants to buy jewellery worth Rs. 1,60,500, they can save Rs. 15,000 on the Multipl app for 10 months, and save Rs 1,50,000.    In the last month, CaratLane will add Rs 10,500 (70% of Rs 15000) to the savings. Similarly, if a user saves Rs. 5000 for 7 months, CaratLane will add Rs 2000 in the 8th month (40% of Rs 5000). CaratLane is one of the savings partners on the Multipl app.    On the collaboration, Paddy Raghavan, Co-founder and CEO, of Multipl said, “Indians have always been fascinated with buying gold and diamond jewellery. Car

Appoints Jimmy Gove with immediate effect   Leading diamond and gemstone security specialist, Opsydia, has announced the appointment of Jimmy Gove to the position of Sales and Marketing Director, effective immediately.   Gove brings to Opsydia more than a decade of experience and knowledge in the diamond, gemstone and jewellery industries. He most recently served as Digital Projects Manager at Bonas Group in London, the world’s largest independent diamond and gemstone tender/auction house.   Before this he spent almost eight years in Antwerp where he developed and managed the Group’s digital transformation strategy, as well as its tender/auction sales and analytics platform used by international mining companies and private sellers. At Bonas he also worked closely with large diamond and jewellery companies throughout the value chain in Europe, USA, UAE and India as a Senior Consultant and De Beers Broker. He holds a master’s degree in Architecture from Emmanuel College, Universit