International News
Advent International Set to Acquire Controlling Stake in Orra Jewellery for Rs 1,750 Crore
US-based private equity firm Advent International is in advanced talks to acquire a controlling stake in Orra Fine Jewellery, a brand previously owned by India’s Rosy Blue Group, according to multiple sources familiar with the deal. The transaction, valued at Rs 1,500-1,750 crore (approximately $174-203 million), highlights the growing interest from investors in the jewellery retail sector.
Advent is expected to take a 51-75% controlling stake, with Dipu Mehta, Orra’s managing director, retaining a minority share. The private equity firm plans to take Orra public within a few years, and as part of the deal, it will assume management and voting rights.
Orra, founded in 2004 by the Rosy Blue Group, sells diamond, gold, and platinum jewellery through a network of stores across India. With design centres in global cities like Antwerp, Tokyo, New York, and Hong Kong, the company has carved out a niche in the premium jewellery market. The deal is now in the final documentation stages, with an official announcement expected soon.
International News
Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
The High Commission Of India In London In Association With GJEPC Hosted The Event, Exporter Were Felicitated By High Commissioner Of India
The High Commission of India in London, in association with GJEPC, hosted a special certificate ceremony to recognize the first jewellery import shipments under the India–UK Comprehensive Economic and Trade Agreement (CETA) on its day of implementation, 15 July 2026.
The exporters were felicitated by His Excellency Kumaran Periasamy – High Commissioner of India to the United Kingdom, Nidhi Mani Tripathi – Minister (Economic), High Commission of India, London
First jewellery importers honoured under the India–UK CETA: Malabar Gold & Diamonds Ltd., Nysa Creations Ltd., PureJewels Ltd., Taj Jewels, Kalyan Gold & Diamond Jewellery Ltd., Siddharth Jewellery (UK) Ltd., Fine Jewels Ltd.
As the India–UK CETA ushers in duty-free access for Indian gem & jewellery exports, the agreement is set to strengthen bilateral trade, enhance India’s global competitiveness, and unlock new opportunities for exporters, further advancing Hon’ble Prime Minister Narendra Modi’s vision of ‘Design and Make in India, for the World.
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International News14 hours agoCertificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
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