National News
GJC celebrates 25 years of gold hallmarking in India with felicitation of Union Minister Pralhad Joshi
In a momentous occasion for India’s jewellery sector, the All India Gem and Jewellery Domestic Council (GJC) marked 25 years since the introduction of gold hallmarking in India with a grand celebration and felicitation ceremony honoring Pralhad Joshi, the Hon’ble Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New & Renewable Energy at GJS 2025
The event served not only as a tribute to the journey of hallmarking in India but also as a platform to chart an ambitious roadmap for the future, with a strong focus on expanding hallmarking coverage and fostering technological innovation.
In recognition of his continued support and instrumental role in advancing hallmarking reforms, Pralhad Joshi was felicitated by GJC for his leadership in steering policies that balance consumer protection with industry development. His ministry’s efforts, in collaboration with the Bureau of Indian Standards (BIS), have been central to enhancing transparency and quality assurance in the jewellery sector.
In his address, Shri Joshi reiterated the government’s unwavering commitment to strengthening consumer trust while also simplifying compliance for jewellers. He emphasized the hallmarking system as a critical trust-building mechanism and a significant step toward formalizing and modernizing the Indian gold market.
One of the most significant announcements of the event was a joint goal set by the Ministry of Consumer Affairs, BIS, and the jewellery industry: to expand mandatory gold hallmarking to 500 districts across India by the end of this financial year.
This expansion aligns with the broader objective of ensuring uniform quality standards nationwide, preventing consumer fraud, and integrating small and medium jewellers into the formal economy. GJC pledged its full support to assist local jewellers in meeting compliance standards and making hallmarking services accessible, especially in tier-2 and tier-3 cities.
In a groundbreaking move to stimulate innovation in hallmarking technology, GJC and BIS jointly announced the launch of a Hackathon aimed at developing a non-destructive testing (NDT) method for hallmarking gold.
This initiative seeks to address a long-standing concern within the industry: the challenge of verifying hallmark authenticity without damaging the piece of jewellery. Currently, traditional methods often involve partial damage or alteration during testing, which discourages on-the-spot verification by consumers and retailers.
The hackathon is open to startups, research institutions, technologists, and innovators across India and will offer funding and incubation support to viable solutions. A successful NDT mechanism would be a game-changer for quality assurance, enabling real-time, damage-free hallmark authentication across retail outlets, trade shows, and even by consumers themselves.
The celebration of 25 years of hallmarking is a testament to India’s evolution into a more structured and credible jewellery market. From its early stages to now becoming an integral part of the industry’s value chain, hallmarking has grown into a symbol of trust, quality, and consumer empowerment.
With the government, BIS, and GJC joining hands to drive expansion and innovation, the next phase of hallmarking promises to be more inclusive, tech-enabled, and consumer-centric than ever before. The GJC’s proactive role in bridging policy, practice, and innovation reinforces its commitment to nurturing a responsible, transparent, and globally competitive jewellery sector in India.
National News
CaratLane Celebrates 18 Years Of Trust, Design-Edge, and Precious Stories
From A Single Idea In 2008 To A Presence That Today Spans 390+ Stores Across India, 2 International Stores, and Across 17,000+ Pincodes Nationwide, CaratLane’s Growth Has Been Shaped By The Trust Of Millions Of Women
CaratLane, a TATA product and India’s leading omnichannel fine jewellery brand, is set to mark a landmark eighteen years since its founding in 2008 — a journey that began with a simple belief that every woman is precious, and deserves jewellery that reflects that, every day. What started as an idea in 2008 has since grown into one of India’s most loved jewellery brands, a trusted companion to millions of women and the proud creator of countless precious moments across the country.
The eighteen-year milestone, which the brand will celebrate on 8th October, is a profound one — a moment of reflection, gratitude, and quiet pride. From a single idea in 2008 to a presence that today spans 390+ stores across India, 2 international stores, and across 17,000+ pincodes nationwide, CaratLane’s growth has been shaped by the trust of millions of women. The last five years alone have been transformative — the brand has grown at a 40% CAGR, with revenue scaling to nearly 4x of what it was five years ago. Behind every one of those numbers is a woman who chose CaratLane for a moment that mattered to her.
Reflecting on the milestone, Saumen Bhaumik, Managing Director, CaratLane, said:

“CaratLane started in 2008 as an online jewellery website, with a simple belief that every woman is extraordinary, as precious as a diamond, and deserves to own one. Over 18 years, we became India’s first omnichannel jewellery brand and have gone on to make natural diamonds part of the stories of millions of young Indians, across India and around 30 countries. This journey has only been possible because of the women who trusted us, our partners and our teams, past and present. As we celebrate 18 years, a bigger dream is taking shape, and I truly believe our best years are ahead. One woman, one story at a time.”
To honour this milestone in a manner befitting its significance, CaratLane has launched a slate of initiatives that bring the brand’s belief to life across every touchpoint:
A new anniversary film — a cinematic tribute to the women who have shaped CaratLane’s journey, built on the idea that every piece of jewellery holds within it a story of the woman who wears it. The film celebrates the symbiotic relationship between a diamond and the woman who gives it meaning.
A quality upgrade — all natural diamond offerings have been elevated to superior, brighter, whiter FG-colour diamonds, a commitment to the uncompromising standard the brand has come to be known for.
A year of design innovation — 5,000 new designs and 9 signature festive collections launched for the festive season, a testament to the relentless pace of craft and creativity that defines CaratLane.
A deeper global presence — the Global 2.0 expansion, a rebuilt international web platform, an International App, and the dedicated Shaya App, bringing CaratLane closer to Indian women across the world.
As CaratLane steps into its next chapter, its heartbeat remains unchanged — the belief that every woman is precious, and deserves to feel so, every day. The best years, as the brand often says, are ahead.
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