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GJEPC and Trade Opportunities seminar: fostering knowledge-sharing, collaboration, and global competitiveness

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GJEPC successfully organized an insightful seminar titled “GJEPC and Trade Opportunities” for the gem and jewellery community of Zaveri Bazaar on April 11, 2025. The event was aimed at raising awareness about the Council’s various initiatives and support systems designed to boost the growth and global reach of the Indian gem and jewellery industry. The seminar drew a strong turnout, with more than 200 industry professionals in attendance, including exporters, traders, wholesalers, young entrepreneurs, and members of prominent trade bodies.

The seminar began with a welcome address by  Khusboo Ranawat , Regional Chairperson , Western Region  and  GJEPC Regional Representative, who highlighted the Council’s ongoing efforts to empower MSMEs and exporters by providing market intelligence, financial assistance, and opportunities for international exposure. The speaker emphasized the importance of capacity building and collaboration within the sector to drive sustainable growth.

This was followed by a detailed presentation by GJEPC officials, which covered the Council’s various export facilitation services, upcoming international trade fairs and buyer-seller meets, financial support schemes, and strategic trade advantages available under agreements such as the India-UAE CEPA. The session was tailored to equip participants with practical knowledge to help them tap into global markets more effectively.

A panel discussion featuring seasoned exporters and trade consultants provided valuable insights into navigating international markets. Panelists discussed strategies for expanding into new regions, overcoming the challenges faced by small businesses, and embracing digital tools and branding to stay competitive in the evolving landscape of the jewellery trade.

The event also included an interactive Q&A session, where participants actively engaged with the speakers on topics like export registration, compliance processes, product certifications, and government funding schemes. The open dialogue fostered a spirit of learning and encouraged first-time exporters to explore new possibilities with greater confidence.

In a special felicitation ceremony, GJEPC honored three key trade bodies for their unwavering support and contribution to the growth of the industry. Mumbai Wholesale Gold Association, Jewellers Youth Forum, and Zaveri Bazaar Welfare Association were felicitated along with their respective teams for their role in strengthening the ecosystem and promoting unity among the trade community.

The seminar was extremely well-received by all attendees, who appreciated the depth of information shared and the opportunity to network with peers and industry experts. The event reinforced GJEPC’s commitment to serving as a guiding force for the Indian gem and jewellery sector by fostering knowledge-sharing, collaboration, and global competitiveness.

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National News

Kalyan Jewellers Reports Strong Performance For Q2 FY2027

Consolidated Revenue Growth In Excess Of 26% Compared To The Same Period.Revenue For India Operations Grew By Approximately 27% Year-Over-Year In Q2 FY2027. This Was Driven By Robust Ground Momentum and A Same-Store-Sales-Growth (SSSG) Of Approximately 20%,

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Kalyan Jewellers reported a strong performance for Q2 FY2027, recording consolidated revenue growth in excess of 26% compared to the same period in the previous financial year.

India Operations & Brand Expansion

  • Revenue & Sales Growth: Revenue for India operations grew by approximately 27% year-over-year in Q2 FY2027. This was driven by robust ground momentum and a same-store-sales-growth (SSSG) of approximately 20%, despite a high base from the previous year when all nine days of Navratri fell within Q2.
  • Regional Launch: In August, the company launched its first regional brand, Akshaya Thanga Maligai (ATM), in Chennai. Following strong initial reception and revenue traction in its first 40+ days, plans are set to launch four additional franchised showrooms under this brand during FY2027—two in Q3 and two in Q4.
  • Showroom Expansion: During the quarter, the company opened 12 Kalyan showrooms in India (net addition of 11), 9 Candere showrooms in India, and 1 Kalyan showroom in the UK.

International Performance & Lifestyle Segment

  • International Operations: Recorded an 18% revenue growth compared to Q2 FY2026, with the Middle East delivering approximately 12% revenue growth driven entirely by SSSG. International markets accounted for roughly 11% of consolidated revenue during the quarter.
  • Candere: The lifestyle jewellery brand posted strong revenue growth of approximately 64% year-over-year.

Asset Divestment & Debt Reduction

  • The company completed the sale of one non-core real estate asset for approximately INR 86 crore, with the sale of a second parcel (valued at ~INR 16 crore) expected to close in the ongoing quarter.
  • Non-GML debt was brought down to zero during the quarter.

Network Presence & Outlook

  • As of September 30, 2026, the company’s global showroom network expanded to 546 locations, comprising 365 Kalyan India, 38 Kalyan Middle East, 2 Kalyan USA, 2 Kalyan UK, and 138 Candere stores.
  • Management expressed optimism for the upcoming festive and wedding season, supported by new collections, marketing campaigns, and planned showroom rollouts.
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