News
Bvlgari Opens World’s Largest Jewellery Manufacturing Facility in Valenza
The expanded Manifattura aims to double production and create 1,600 jobs by 2029, with a strong focus on sustainability and craftsmanship.
Bvlgari has officially unveiled its expanded Manifattura in Valenza, now the largest single-branded jewellery manufacturing site in the world. Spanning 33,000 square metres, the state-of-the-art facility is set to double the brand’s production capacity and create more than 1,000 new jobs by 2029, contributing to a total of 1,600 roles.
As part of this expansion, Bvlgari has launched Scuola Bvlgari—its first publicly accessible jewellery school—located within the site. The school offers professional training in goldsmithing and gemstone setting, reflecting the brand’s commitment to craftsmanship and education.
“Today marks a historic milestone not only for Bvlgari, but also for the territory of Valenza and the global jewelry industry,” said Jean-Christophe Babin, CEO of Bvlgari. “The expansion of our Manufacture is far more than a doubling in size and production capacity — it is the realization of a bold, contemporary vision for what the luxury industry must become in the future.”
He continued, “This project is designed to integrate new crafts from the jewelry world – positioning us as even more engaged, skilled, and forward-thinking partner in our collaboration with external stakeholders – while enhancing education and training, fostering workplace well-being, and protecting the environment.”
Babin emphasized the ambitious goals behind the project: “By 2029, we will have created a total of 1,600 jobs, and we will remain dedicated to contributing to the excellence of this territory and to the art of jewelry.”
The site was inaugurated with an official ceremony and press conference attended by Jean-Christophe Babin, LVMH Italy President Toni Belloni, Piedmont Region Vice President and Regional Minister Elena Chiorino, and Undersecretary of the Ministry of Enterprises and Made in Italy, Fausta Bergamotto.
Designed with a fully sustainable approach, the Manifattura operates entirely on renewable energy. It is equipped with over 4,100 solar panels and a geothermal system, providing half of the facility’s energy needs and ensuring a carbon-neutral footprint.
The celebration also included the unveiling of two contemporary art installations, previously exhibited elsewhere, now permanently housed at Manifattura Bvlgari as a symbol of the brand’s enduring connection to art, innovation, and tradition.
National News
GJC Delegation Meets RBI Deputy Governor, Makes GMS Presentation
The Proposal Was Acknowledged As An Innovative Initiative With The Potential To Become A Game Changer For The Industry and The Nation.
A GJC delegation comprising Vice Chairman Avinash Gupta, Legal Consultant CA Bhavin Mehta, and National Secretary Mitesh Dhorda met with Shirish Chandra Murmu, Deputy Governor of the Reserve Bank of India, along with his senior team.
During the meeting, the delegation made a detailed presentation on the proposed Gold Monetization Scheme (GMS). The RBI team appreciated the concept of the scheme. The proposal was acknowledged as an innovative initiative with the potential to become a game changer for the industry and the nation.
GJC remains committed to working closely with all stakeholders —including the government, banks, jewellers, gold depositors, and temple trusts—in the larger national interest and for the sustainable growth of the GJ industry.
The Gold Monetization Scheme (GMS) in India was launched with the primary objective of reducing gold imports by mobilizing the vast amount of idle gold held by households, institutions, and temple trusts, thereby decreasing the country’s heavy reliance on gold imports. By encouraging depositors to bring their unused gold into the formal banking system, the scheme puts this dormant gold into productive economic purposes, such as meeting the needs of jewellers and industries without requiring fresh imports.
Additionally, the scheme allows depositors to earn interest on their gold deposits instead of keeping gold idle at home, transforming a non-yielding asset into an income-generating investment while simultaneously strengthening India’s gold supply chain and reducing the trade deficit.
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