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GJEPC Hosts Outreach Session on Bullion Procurement in Delhi

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GJEPC’s Delhi Regional Office held a focused Outreach Session on bullion procurement through India International Bullion Exchange (IIBX) and MSME scheme benefits on 2 December 2025. The event drew 52 jewellers, bullion dealers and TRQ holders.

Ashok Seth, Co-Convener – Northern Regional Sub-committee, opened the session by welcoming participants. Mukesh Sharma, Head – Business Development, IIBX, led the first segment with a walkthrough of how the IIBX can support bullion imports, gold price risk hedging and access for Advance Authorisation licence holders, Qualified Jewellers and TRQ holders.

Attendees also received an update on MSME scheme benefits from Hemant Sharma, Under Secretary, Ministry of MSME, who outlined key support measures available to the sector.

In his concluding note, Ashuthosh Srivastava, Regional Director (North), GJEPC, urged the industry to make use of the AEO Programme and the Trade Connect platform. He also shared updates on IIJS Bharat Signature 2026 and encouraged members to participate in the upcoming edition.

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Cosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space

The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.

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In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.

The Cosmos Bloom Diamond  is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds

The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.

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