National News
GemLead Focus:IIM Ahmedabad and GJC Continue Landmark Collaboration
An Exclusive Executive Masterclass On Leadership, Excellence, and Advanced Development
The All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry.


This year’s programme, held from 31st August to 3rd September 2026 at the IIM Ahmedabad campus, brings together leading professionals and entrepreneurs from the gems and jewellery industry for an immersive residential learning experience led by IIMA’s distinguished faculty.

Adding to the programme’s impact, esteemed guest speakers Mr. Pankaj R. Patel, Chairman of Zydus Lifesciences, and Mr. Sandeep Engineer, Managing Director of Astral Polytechnik Ltd., will share their distinguished experiences and perspectives. Through immersive indepth interactive sessions, they will provide participants with invaluable insights, offering opportunities to engage directly with industry leaders and draw meaningful learnings that can be applied to their professional and business journeys.
Participants will explore a curated mix of high‑impact topics, including:
Family Business and Scaling Up
- Family Business Dynamics: Hurdle to Growth
- Professionalisation in Family Business
Strategy and Behaviour for Growth
- Leading for Growth
- Preparing and Executing Business Strategies
- Developing and Empowering Human Capital
Valuation and Wealth Management
- Valuation of Early Stage Firms and Understanding Cost of Capital
- M&A – Deal Arithmetic
- A Goal‑Oriented Asset Allocation Approach for Wealth
- Legacy Wealth Management for Multiple Generations
Rajesh Rokde, Chairman, GJC:

“GemLead Focus continues to shape the leadership pipeline of the gems and jewellery industry. Through this collaboration with IIM Ahmedabad, we aim to provide our members with transformative learning that helps them scale their businesses, drive innovation, and embrace global best practices. By integrating insights on family business professionalisation, strategy execution, and wealth management, this programme empowers our members to lead with clarity, innovate with confidence, and build resilient, future‑ready enterprises.”
Avinash Gupta, Vice Chairman, GJC:
“We are delighted to continue our collaboration with IIMA through GemLead Focus. The gems and jewellery sector is a vital contributor to India’s economy, and this programme is tailored to strengthen leadership, enhance managerial excellence, and prepare industry leaders for future challenges. The addition of distinguished guest speakers further enriches the learning experience, offering perspectives that will inspire participants to think beyond boundaries.”

Ketan Choksi, Convenor, GemLead:

“GemLead Focus builds on the strengths of GJC and IIM Ahmedabad to deliver a transformative learning experience exclusively for the gems and jewellery industry. Designed to provide actionable insights and practical tools, the programme equips participants to drive sustainable growth, enhance competitiveness, and lead with excellence in a rapidly evolving business landscape. The inclusion of eminent guest speakers ensures that participants gain perspectives from leaders who have successfully navigated diverse industries.”
National News
Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
A Customer-First Initiative Designed to Help People Wear Their Precious Memories with Confidence.
Senco Gold & Diamonds, one of India’s most trusted jewellery houses, has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.
On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal — the freedom to actually live with the things you love.
There is a quiet ritual that plays out in homes across India every wedding season, every anniversary. A piece of jewellery is bought with love, worn once or twice with pride — and then, almost apologetically, tucked away in a bank locker for “safekeeping.” The very thing meant to be cherished ends up spending most of its life in the dark.
A Locker Is No Place for a Memory
Ask any family that owns fine jewellery, and you’ll hear the same quiet anxiety: the fear of stepping out wearing something precious, the fear of a break-in while the house is empty. For many, the solution has always been the same — lock it away, take it out only for weddings and festivals, and let it sit untouched the rest of the year.
It’s a practical response to a real risk, but it also means jewellery bought to mark a marriage or a milestone ends up being seen far less than it deserves.
This is the exact problem Senco Gold & Diamonds’ Managing Director, Suvankar Sen,

has spoken about wanting to solve. Known for a customer-first philosophy that goes beyond transactions, Sen has often said jewellery should be something people live with, not something they merely own. “Jewellery is never just metal and stone,” Sen said, explaining the thinking behind the Olocker partnership. “It’s a wedding day, a mother’s blessing, a promise kept. When customers can’t step out wearing it, or can’t leave home without worrying about a break-in, something is broken in that experience. We wanted to fix that.”
That sentiment is the quiet engine behind this initiative. Rather than simply selling jewellery and stepping back, Senco has chosen to walk the extra mile — ensuring that once a customer takes a piece home, they can wear it freely and pass it down through generations, without the constant undercurrent of worry.
What the Partnership Actually Offers
Through this collaboration, Senco customers receive free jewellery insurance via Olocker on qualifying purchases, protecting against snatching, robbery, and housebreaking.
Olocker, India’s first digital platform dedicated to jewellery insurance and asset tracking, brings the technical and insurance backbone — while Senco brings its decades of trust, built since 1938, to make sure customers actually use it.
For a family that has just bought a piece for a wedding, this means peace of mind — wearing that necklace to a dinner without the nagging thought of “what if someone snatches it,” or “what if someone breaks in while we’re away.”
A Partnership Built on Shared Intent
The excitement isn’t one-sided. At Olocker, the partnership is seen as validation of the idea the platform was built on — that jewellery insurance should be a natural, everyday companion to ownership, not a niche afterthought.
“This is genuinely one of the most exciting collaborations we’ve been part of,” said Milind Shethia, Founder & Chief Marketing Officer at Olocker. “Our mission has been to help people wear their jewellery instead of locking it away, and partnering with a name as trusted as Senco brings that mission to millions of customers at once.
What’s heartening is Mr. Sen’s own approach — he didn’t look at it as a marketing tie-up, but as giving something back to people who’ve trusted Senco for generations. That kind of intent is rare, and it’s exactly the spirit we built Olocker around.”
That mutual sense of purpose is what gives this partnership its quiet credibility. It isn’t a scheme or a promotional hook, but two organisations agreeing on a simple, shared belief: jewellery should be lived in, not locked up.
A Bigger Idea About Ownership
There is a broader philosophy at play, one Suvankar Sen has championed throughout his tenure at Senco — that jewellery is an emotional asset as much as a financial one, and customers shouldn’t have to choose between enjoying it and protecting it.
This partnership feels less like a marketing initiative and more like a promise kept, reflecting a leadership style that measures success in something harder to quantify — how cared for a customer feels long after leaving the showroom.
As jewellery increasingly doubles as adornment and investment, initiatives like this one may well set a new benchmark for customer care in the industry.
Senco, through its partnership with Olocker, isn’t just insuring jewellery against snatching or a break-in — it’s giving people back the freedom to wear their memories, out loud, without fear.
-
BrandBuzz1 day agoVBJ Unveils ‘The Bangle Beauties’ – A Grand Celebration Of 10,000+ Bangle Designs
-
JB Insights7 hours agoThe Role Of Hallmarking and Transparency In Strengthening Consumer Confidence
-
National News23 hours agoSenco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
-
National News1 day agoDeepa Jewellers IPO Subscribed 43x

