Mr. Kirit A. Bhansali, Chairman, GJPEC is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond manufacturing company based in Mumbai. With his extensive experience in the field, he has played a significant role in promoting and developing the Indian gem and jewellery industry.…
The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, inaugurated its new office at Trust House, Parel East, Mumbai, marking a key institutional milestone in its journey as one of India’s leading gems and jewellery trade bodies. The inauguration ceremony was attended by former Rajya Sabha Member Ajay…
Following the Government’s decision to increase gold import duty, the All India Gem and Jewellery Domestic Council has called for calm across the trade, emphasising confidence, stability, and long-term sector resilience. Senior leadership from GJC stated that the industry should avoid panic reactions and continue business operations with confidence while supporting broader economic priorities. Rajesh…
Global KP delegates receive an exclusive tour of Bharat Diamond Bourse and IDTC, highlighting India’s growing leadership in the natural diamond ecosystem. The visiting delegation attending the Kimberley Process (KP) Intersessional in Mumbai was accorded a ceremonial welcome at the Bharat Diamond Bourse (BDB), reinforcing the strategic importance of the Kimberley Process in safeguarding the…
Key Highlights The Gem & Jewellery Export Promotion Council (GJEPC) acknowledges the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honourable Prime Minister Shri Narendra Modi. In response to his call,…
Key Highlights India formally commenced the Kimberley Process (KP) Intersessional Meeting 2026 in Mumbai under its Chairship, bringing together representatives from KP Participant nations, Observers, industry bodies and civil society stakeholders for high-level deliberations on the future of the global natural diamond trade. The four-day meeting, being held from May 11 to May 14, marks…
In 2026, we are focusing on the passionate individuals shaping the future of our industry across the entire supply chain, from those carrying forward family legacies to those just starting out in their careers. We are shining a spotlight on the stories, people and cultures that are facets shaping the future of our industry, the…
‘We must speak with one voice for natural diamonds,’ said the new WDC President, who succeeded Feriel Zerouki at the WDC Annual General Key Highlights The World Diamond Council is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to…
Key Highlights There is a kind of business that the trade knows intimately but the public has never heard of. Kama Jewelry Private Limited is one of them. Founded on 27 May 1996 by Colin Shah — a first-generation entrepreneur from a family of doctors — Kama was built on a single principle: do the…
Key Highlights Shringar House of Mangalsutra Limited (SHOML) has officially inaugurated its expanded, state-of-the-art manufacturing facility in Kandivali, Mumbai, marking a significant milestone in its growth and capacity augmentation journey. The unit is equipped with advanced machinery and upgraded systems designed to enhance precision manufacturing and improve turnaround timelines. The official inauguration ceremony was held…
Key Highlights The Indian Association for Gold Excellence and Standards (IAGES) has marked a significant milestone in its journey to standardise India’s gold ecosystem, surpassing 100 accredited partners and establishing a robust network of over 550 accredited partner outlets across 29 states and more than 240 cities. As a self-regulatory body, IAGES continues to position…
Discussions focus on Strengthening India–South Africa Trade Ties in the Diamond Industry Key Highlights Bharat Diamond Bourse had the honour of hosting H.E. Professor Anil Sooklal, High Commissioner of South Africa to India, based in New Delhi, along with Mr. Gideon Labane, Consul General of South Africa in Mumbai, and a delegation of senior officials…
Key Highlights All India Gem and Jewellery Domestic Council (GJC) has been actively engaging with senior officials of the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) to advance a comprehensive revamp of the Gold Monetisation Scheme (GMS). GJC has submitted a refined, jeweller-integrated framework for GMS, developed through structured stakeholder consultations…
Key Highlights Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi, was unveiled today as a new centre of excellence by Hon’ble Finance Minister Smt. Nirmala Sitharaman reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony…
Megan Shearer is a distinguished leader in the jewellery industry, possessing extensive expertise in design, craftsmanship, and sustainable production. While she has been a cornerstone of Monica Vinader since July 2010, she was appointed to the role of Chief Product Officer in September 2021. In this capacity, she oversees the end-to-end lifecycle of the brand’s…
Today we’re looking at Beaumont Jewelry Collective, an up-and-coming online jewelry store whose commitment to ethical jewelry and charitable giving makes them an immediate must-know.
Key Highlights India’s gem and jewellery sector is poised to gain fresh export momentum following the signing of the India–New Zealand Free Trade Agreement (FTA), with the Gem & Jewellery Export Promotion Council (GJEPC) projecting a nearly 200% rise in exports to USD 50 million over the next three years, up from the current USD…
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