National News
From Mumbai to Minas Capillitas: IIG Deepens Global Footprint with Argentina Partnership
The International Institute of Gemology (IIG), under the leadership of CEO & MD Rahul Desai, has taken another step in its global journey by creating deeper international partnerships and expanding academic horizons. In collaboration with the Consulate General of the Argentine Republic in Mumbai and CAMYEN S.E., IIG hosted a hybrid masterclass titled “Introduction to Rhodochrosite”, celebrating Argentina’s national gemstone, admired worldwide for its rarity and cultural significance.
This initiative highlights IIG’s mission to expand both in breadth, by extending its reach across borders, and in depth, by delivering expertise-driven education that equips students with insights unavailable through conventional sources. With this approach, IIG is steadily positioning itself as a global leader in gem and jewelry education, bridging knowledge gaps through world-class teaching and meaningful collaborations.

The session began with a welcome address by Gunjan Sapra, COO and Head of Department at IIG, who emphasized how such partnerships create opportunities for student exchanges, mine visits, and joint research. She noted that collaborations like this enable IIG students to follow gemstones on their journey, from their natural origins to international markets, providing exposure that prepares them for the realities of the industry.
The event was attended by a distinguished gathering, including Rahul Desai, CEO & MD of IIG; Gunjan Sapra; Consulate General Daniel Quer Confalonieri; Deputy Consulate María Virginia Yapur; and CAMYEN Board of Directors; Hugo Moya (President), José Barrera (Vice President), and Gabriel Molina (Member). Their presence strengthened the shared commitment to advancing gemological education and strengthening India- Argentina ties.
Adding depth to the program, CAMYEN experts Marina Corvalán (Geology Department) and Jessica Felsztyna (Marketing Department) offered students in Mumbai and worldwide (via Zoom) a masterclass on the geology, mining, and commercialization of Rhodochrosite from the renowned Minas Capillitas mines.
Speaking on the occasion, Rahul Desai emphasized the global responsibility of institutes like IIG: “Across the world, there is still a gap in how gemological education is delivered. Real learning cannot come from quick searches, it must be imparted with expertise, experience, and context. At IIG, we are creating that platform and scaling it globally. Our collaboration with Argentina is a living example of cross-border education, proving that diverse perspectives and shared expertise are essential for shaping the future of the gem and jewelry industry.”

CAMYEN authorities emphasized that this initiative reflects and strengthens the growing relationship between Argentina and India, a bond recently highlighted by the visit of India’s Prime Minister. The province of Catamarca, home to significant Indian investment in lithium exploration and growing interest in copper and other key minerals for the energy transition, stands at the heart of this collaboration. At the same time, the rise in Rhodochrosite exports to India aligns meaningfully with this training initiative, opening new pathways to promote the gemstone’s potential in the Indian market.

Adding his perspective, Consul General Daniel Quer Confalonieri said: “Education is the strongest bridge between nations. This collaboration with IIG not only highlights Argentina’s rich gemstone heritage but also creates a channel for knowledge exchange that benefits students in both our countries. We are proud to contribute to IIG’s vision and to see Rhodochrosite becoming part of their specimen library as a symbol of this partnership.”
In a gesture symbolizing this new partnership, CAMYEN and the Argentine Consulate donated three kilograms of Rhodochrosite to IIG’s Specimen Library. This rare gemstone, now en route to Mumbai, will serve as a permanent educational resource for students.
This collaboration marks a new milestone in IIG’s global vision. By uniting expertise from India and Argentina, it reinforces the institute’s belief that the future of gemology must be rooted in responsible mining, sustainable practices, and knowledge without borders. With initiatives like this, IIG is not only strengthening its international presence but also shaping the next generation of gem and jewelry professionals.
National News
Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design
A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.
In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.
Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.
Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.
This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.
Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.
Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.
With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.
As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.
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