Shringar House of Mangalsutra Expands Manufacturing Capacity with Kandivali Facility
Shringar House of Mangalsutra Limited inaugurated a 16,260 sq ft manufacturing facility in Kandivali on February 23, 2026, investing Rs 15 crore to raise annual capacity to 4,000 kg.
Limelight Diamonds Targets 200-Store Network by 2027 as Lab-Grown Demand Surges
Limelight Lab Grown Diamonds accelerates retail and supply-chain growth with capital infusion and vertical integration to capitalize on booming Indian LGD demand.
Shringar House of Mangalsutra Reports 68.4% Revenue Growth in Q3 FY26
Shringar House of Mangalsutra Limited reported unaudited Q3 FY26 results on February 12, 2026, in Mumbai, with revenue at Rs. 658.9 crore, driven by gold price movements and domestic demand.
India Gem & Jewellery Exports at $ 23.19 Billion in April–January; India–US Trade Framework Restores 18% Tariff Access
India’s gem and jewellery exports totalled $23.19 billion in April–January 2026, down 0.64% year-on-year, as US shipments fell 45%, while a new India–US trade framework restores 18% tariff access.
P N Gadgil Jewellers Records Rs 365 Crore Sales During Foundation Day Offer
P N Gadgil Jewellers recorded Rs 365 crore sales during its Foundation Day offer from February 7–9, 2026 across Maharashtra and other states, driven by gold demand despite elevated prices.
Ethera Raises Rs 25 Crore from BlueStone to Expand Lab-Grown Diamond Retail Footprint
Lab-grown diamond jewellery startup Ethera has secured Rs 25 crore from strategic investor BlueStone to accelerate store expansion, strengthen omnichannel operations, and scale its design-led growth strategy across key Indian markets.
ACPL Exports Launches D2C Silver Brand TrueSilver
ACPL Exports launched TrueSilver on 10 February 2026 in New Delhi, entering India’s domestic D2C silver jewellery market to address growing everyday demand and diversify revenue beyond exports.
Gargi by P.N. Gadgil & Sons opens five stores across five cities
Gargi by P.N. Gadgil & Sons opened five stores on January 26 and February 1, 2026, across Chandigarh, Noida, Siliguri, Dehradun and Pune to expand its national retail footprint.
Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.
GJEPC welcomes zero-duty access under India–EU FTA
GJEPC has responded to the India–EU Free Trade Agreement, stating that zero-duty access for jewellery will support exports, improve competitiveness and help double bilateral gem and jewellery trade within three years.
GJEPC reacts to India-EU Free Trade Agreement
Following the announcement of the India-EU Free Trade Agreement, GJEPC Chairman Kirit Bhansali outlined its expected impact on exports, employment and market diversification for India’s gem and jewellery sector.
D P Abhushan Q3FY26 net profit rises 96% to Rs 73.4 crore
D P Abhushan Limited reported audited Q3FY26 and nine-month results on January 23, 2026, showing higher revenue, margins and profit, driven by festive demand, weddings, and disciplined inventory management.
Gargi expands to 50 Shoppers Stop locations nationwide
Gargi by P.N. Gadgil & Sons reached 50 shop-in-shop counters at Shoppers Stop on January 19, 2026, marking a key retail expansion aligned with its national growth strategy.
Divine Solitaires Seeks $10 Million in First Funding Round
Mumbai-based Divine Solitaires has opened its first seed funding round to raise $10 million in January 2026 to support mid-term expansion and scale its natural diamond solitaire business.
IIJS Bharat – Signature 2026 concludes with Rs 75,000 crore business estimate
IIJS Bharat – Signature 2026 concluded in Mumbai on January 15, recording an estimated ?75,000 crore in business, driven by strong domestic buying, international participation, and focused sourcing across categories.

