What Jewellery Shoppers Really Want
KPMG’s India CX Report 2025 offers a goldmine of trade insights. Here’s a glimpse.
SRK Sets Global Sustainability Benchmark with First-Ever Carbon-Negative Natural Diamonds
Shree Ramkrishna Exports (SRK), one of India's leading diamond manufacturers, has become the first company in the world to craft natural diamonds with a verified negative carbon footprint—marking a significant milestone for the global jewellery sector and furthering India's leadership in sustainable manufacturing
Akshaya Tritiya 2025: What’s New This Season?
This Akshaya Tritiya, the festival synonymous with prosperity and new beginnings, leading jewellery brands are launching meaningful collections, including spiritually-inspired creations; besides there are irresistible offers that go beyond just luxury, finds out Priyanka Talreja Garegrat
GJEPC Responds to U.S. Reciprocal Tariff on Indian Gem and Jewellery Exports
The U.S. government's decision to impose a 27% reciprocal tariff on Indian gem and jewellery exports has raised concerns within the industry. The Gem & Jewellery Export Promotion Council (GJEPC) warns that this move could disrupt trade flows, burden exporters, and reshape global supply chains. While urging the U.S. to uphold its strong trade ties with India, GJEPC calls for a Bilateral Trade Agreement to mitigate the impact and ensure long-term stability for the sector
India's Titan Faces Higher Gold Sourcing Costs Amid Tightening Supply
Titan Company, one of India's leading jewellers and the owner of Tanishq and CaratLane, anticipates higher costs for leasing gold from bullion banks as supply dwindles. The company attributes this trend to bullion banks redirecting gold shipments to the U.S. for better profits, creating supply constraints elsewhere
World Gold Council Urges Government to Maintain Gold Import Duty in Budget 2025
The World Gold Council (WGC) has expressed concerns about the potential hike in gold import duties in India’s upcoming Union Budget for 2025
Vidita Kochar of Jewelbox on the big terminology debate involving LGDs
The proposed move of the Government of India to label LGDs as “synthetic” has caused a furore, with the LGD segment saying this would not only be unfair, it would greatly damage the credibility of a sector that produces and retails grown diamonds, which are identical to mined diamonds. Suneeta Kaul speaks with Vidita Kochar of Jewelbox, a prominent LGD player, to understand the ramifications of such a proposal.
GJEPC Engages with Bankers in Interactive Session, Fostering Stronger Collaborations and Confidence in Industry Growth
The Gem and Jewellery Export Promotion Council (GJEPC) recently hosted an interactive session with leading bankers in Mumbai on October 17, focusing on the current industry outlook and exploring new opportunities for collaboration with financial institutions
India Seeks to Reevaluate India-UAE Trade Pact Amid Concerns Over Precious Metal Imports
The Indian government is pushing for revisions to the India-UAE Free Trade Agreement, following recommendations from the Global Trade Research Initiative (GTRI) to withdraw duty concessions on precious metals and jewellery
Sri Lanka’s Gem and Jewellery Industry Faces Crisis Amid High Tax Burden
The Sri Lanka Gem and Jewellery Association (SLGJA) has issued a stark warning that the country’s gem and jewellery industry is at risk of losing its competitive edge due to high taxes, including an 18% Value-Added Tax (VAT)
Gold Jewellers See Sales Surge by 35-40% Following Duty Reduction
A recent reduction in gold import duties—from 15% to 6% in the latest budget—has led to a remarkable 35-40% increase in sales for gold retailers across India. This dramatic shift has provided a much-needed boost to an industry that had been struggling with high prices and stagnant sales
PGI India and Senco Gold & Diamonds Launch the Platinum Evara Nova Collection
Platinum Guild International (PGI) India, in collaboration with Senco Gold & Diamonds, proudly presents the Platinum Evara Nova Collection
Here's how to craft a memorable initial encounter with customers - according to five retailers
Positive first impressions can lead to trust, loyalty, and advocacy, while negative ones can deter consumers and harm brand reputation. Jewellery retailers place a great deal of emphasis on creating memorable and favorable initial encounters to build lasting relationships with their clients, discovers Suneeta Kaul
Today’s new-age consumers aren’t interested in brands that are transactional in nature
A well-thought-out social media strategy is key for any brand today – it not only enhances the reputation of the brand, but also delivers on the sales front, says Karan Vaidya, VP, Marketing and Retail Operations, House of Rose
Gold imports fell by 30% to $31.8 billion during April-February 2023
Despite the substantial decrease in gold imports, the country's trade deficit, which is the disparity between imports and exports, has not been reduced.

