National News
Candere Unveils New Store in Panvel, Navi Mumbai and marks 7th outlet in Mumbai
The launch marks a milestone in Candere’s growth journey, following the announcement of Shah Rukh Khan as brand ambassador.
Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its contemporary and trend-driven designs, has further strengthened its presence inMumbaiwith the launch of its 7th store in the city, located in Panvel, Navi Mumbai. With this addition, Candere now operates 77 stores across India, reflecting its commitment to bringing distinctive jewellery collections to a wider audience in the region.
This expansion marks a significant milestone in Candere’s retail growth journey in Mumbai and across the country, aimed at making its jewellery more accessible to customers. It also reinforces the brand’s long-term strategy of seamlessly integrating its online and offline channels to provide a unified and convenient shopping experience.
Candere is favoured for its lightweight, versatile pieces that resonate with Gen Z, working professionals, and style-conscious men. The brand focuses on offering modern, trend-forward designs at accessible price points—starting from ₹10,000—allowing customers to express their individual style with ease. These collections are also perfect for thoughtful gifting and celebrating special occasions.
To celebrate the new store opening, Candere is offering exclusive offers: Flat 20% off on Diamond & Solitaire stone prices and flat 25% off on making changes for gold and platinum jewellery.
Evolving from a digital-first brand to a strong omni-channel retailer, Candere continues to offer a smooth and engaging shopping experience both online and in-store. Backed by the legacy and trust of Kalyan Jewellers, the brand is steadily expanding, offering jewellery that does more than just beautify—it tells a story of individuality and style.
With the opening of its latest showroom in Panvel, Navi Mumbai, Candere reaffirms its promise to design jewellery that resonates with evolving customer preferences and celebrates life’s memorable moments.
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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