National News
Champions Ring- Crafting a Timeless Legacy in Indian Sports
A Revolutionary Symbol of Excellence, Crafted with Gold and Diamonds to Commemorate Team India’s Historic T20 World Cup Victory
Spearheaded by Dream11 and meticulously crafted under the expertise of Harsh Sagar, a fourth-generation jeweler with an eye for timeless artistry, the Champions Ring is more than just a piece of jewelry—it is a testament to legacy and achievement.
In the world of sports, some symbols carry more weight than others—trophies, medals, and jerseys immortalized in the hearts of athletes and fans. Indian cricket now has its own ground-breaking symbol of excellence: the Champions Ring. This first-of-its-kind honor, created to commemorate Team India’s historic T20 World Cup victory, is not merely a piece of jewelry—it is a legacy forged in gold and diamonds, designed to stand the test of time.
The Champions Ring, a project spearheaded by Dream11, was crafted under the expert guidance of Harsh Sagar, a fourth-generation jeweller known for his meticulous artistry. The design process took 450 hours, resulting in a ring that blends craftsmanship, symbolism, and innovation, making it a unique memento that far exceeds traditional awards.
Inspired by the championship rings awarded to NBA, NFL, and MLB victors in the U.S., Dream11 has introduced this concept to Indian cricket, allowing players to wear their victories in the form of a highly personalized keepsake. Beyond its opulence, the ring holds deep sentimental value for each athlete, serving as a lasting reminder of their journey and triumphs.
Crafting the Legacy
Weighing 60 grams of 18k solid gold and adorned with 330 natural diamonds, the Champions Ring exudes both luxury and significance. Designed with intricate attention to detail, the ring features a rotating Ashoka Chakra symbolizing India’s relentless spirit on the world stage. Each player’s name and jersey number are carefully engraved on their personal ring, while stars on the design pay tribute to India’s past World Cup victories.
The ring also boasts an innovative horseshoe-shaped spring mechanism that ensures a comfortable fit, combining aesthetic appeal with ergonomic brilliance. Under the leadership of Harsh Sagar, this fusion of precision engineering and artisanal craftsmanship has elevated the Champions Ring from an accessory to a profound symbol of achievement.
Redefining Sports Recognition in India
Globally, championship rings hold immense emotional significance, serving as cherished mementos of athletic achievement. In India, where cricket is revered as more than just a game, the Champions Ring sets a new precedent for how sporting success is recognized. The ring’s introduction is poised to reshape the landscape of Indian sports awards, extending the concept beyond cricket and potentially honoring outstanding athletes in football, badminton, athletics, and more.
Personalized awards like the Champions Ring have the potential to forge a deeper connection between athletes and their accomplishments, instilling pride and fostering a lasting legacy.
Overcoming Challenges in Design and Craftsmanship
Creating the Champions Ring was no easy feat. The process demanded an intricate balance between grandeur and meaning, ensuring that the ring not only embodied luxury but also carried deep symbolism. Sourcing the finest materials, perfecting the rotating Chakra mechanism, and engraving each player’s name with precision were technical challenges that required immense dedication. The ultimate challenge was ensuring that the ring remained wearable—comfortable, durable, and fit for daily life—while maintaining its regal stature. Through meticulous craftsmanship, these challenges were transformed into opportunities, setting new standards in sports memorabilia.
A Legacy to Be Worn
More than just a milestone for Team India, the Champions Ring signifies a cultural shift in how Indian sports achievements are honored. Unlike traditional trophies that are displayed in cabinets or museums, this ring is personal—worn, cherished, and carried forward as a badge of honor. It builds tradition, inspires future athletes, and reshapes the way victories are remembered.
As Indian sports continue to ascend on the global stage, the Champions Ring paves the way for a new era of recognition. Whether this tradition expands to other sports or remains exclusive to cricket, it is clear that the Champions Ring is far more than a piece of jewelry—it is a legacy, a testament to excellence, and a symbol crafted to endure for generations to come.
National News
The Invisible Giant Behind India’s Jewelry Industry Turns 30- Kama Jewelry
Mumbai-Based Kama Jewelry Marks Three Decades Of Fine Jewelry Manufacturing — 1,200 Craftspeople, 260+ Clients Across Four Continents, And A 27% CAGR That Rivals The Best Long-Term Compounders In Indian Business.
| 27.1% | 30-Year CAGR | No outside capital raised |
| 1,200+ | Master craftspeople, all in-house — not contract labour |
| 260+ | Global clients across India, the USA, the UAE, and Europe |
| 47,508 | Pieces manufactured per month on average |
Kama Jewelry Private Limited, India’s leading fine jewelry manufacturer, today marks its 30th anniversary — a milestone defined not by celebration alone, but by a record that few Indian manufacturers can match.
Founded on 27th May 1996 by Colin Shah, a first-generation entrepreneur from a family of doctors, Kama began with a single premise: do the right thing, every time, even when no one is watching. Three decades later, that premise has produced one of India’s most quietly consequential manufacturing businesses.
Operating from SEEPZ Special Economic Zone in Mumbai, Kama runs four specialist plants — covering 18KT gold, natural diamonds, platinum, and CNC machine-made jewelry — serving clients across India, the United States, the UAE, and Europe.
The Numbers
Kama’s FY26 growth represents a 30-year compound annual growth rate of 27.1% — generated entirely without external capital. Its post-pandemic CAGR of 16.8% confirms the recovery trajectory is accelerating. FY27 target represents 23% growth, with output planned at 6.75 lakh pieces across its export and domestic divisions.
Third-Party Recognition
The Gem and Jewellery Export Promotion Council (GJEPC), operating under the Ministry of Commerce, recognised Kama as the Largest Diamond Jewelry Exporter in two consecutive years — an award based on audited customs data, not self-declaration. Kama holds a BBB Stable credit rating, maintained through demonetisation, GST transition, COVID, and gold prices reaching an all-time high of Rs. 1,51,366 per 10 grams.
A Timely Milestone
Kama’s anniversary arrives at a structurally significant moment for Indian jewelry manufacturing. The India-US bilateral trade framework, finalised in early 2026, reduced jewelry tariffs from over 50% to 16% — creating what GJEPC estimates as a near-term export opportunity of $3 billion. India’s effective tariff rate on jewelry exports to the US now sits below China’s for the first time, making Indian manufacturers the preferred supply chain alternative for US buyers diversifying away from Chinese sourcing.
Kama, with 60+ existing US clients and three decades of verified export experience, is positioned to capture this opportunity immediately — without needing to change its product mix or infrastructure.
Governance and Financial Discipline
Kama is one of the few private manufacturers in India that operates with the governance infrastructure of a listed company. Four independent audit and compliance bodies oversee the business: statutory audit, internal audit, tax, and US audit. The company carries a BBB Stable credit rating maintained through every economic shock of the past three decades.
Unlike many manufacturing businesses at this scale, Kama is not promoter-dependent. Senior leadership averages over 20 years of tenure. Functional heads across sales, manufacturing, design, finance, and HR operate with independent accountability. SAP ERP has governed operations since 2013 — built proactively, not in response to any requirement.
Culture and Continuity
The company’s 1,200 craftspeople are employed directly on payroll — not through contract arrangements — preserving fine jewelry stone-setting skills that are disappearing globally as automation advances. This is a deliberate, costly choice that gives Kama quality control and craft depth no competitor replicates at scale.
Colin Shah served as Chairman of the GJEPC from 2020 to 2022, leading the industry through the most disruptive period in modern trade history. The company has also recently launched a CNC manufacturing facility and is conducting production trials in CNC 9-axis machining, binder jetting, and hot isostatic pressing — technologies it describes as preparing before being required to.
Founder’s Statement
Founder & MD of Kama Jewelry, Colin Shah said:

“Kama is not 30 years old. Kama is 30 years young. We began with belief. We grew with discipline. We lead with trust. The best chapters are not behind us — they are waiting to be written.”
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