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GJEPC meets Commerce Ministry to discuss impact of US Tariffs

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A delegation from the GJEPC, led by Chairman  Kirit Bhansali, met  Rajesh Agarwal, Additional Secretary, Ministry of Commerce and Industry, to discuss the impact of the reciprocal tariffs imposed by the US on India’s gem and jewellery exports. Also present at the meeting was  R. Arulanandan, Director, Department of Commerce.

The delegation included  Shaunak Parikh, Vice Chairman, GJEPC;  Adil Kotwal, President, SGJMA; and  Sabyasachi Ray, Executive Director, GJEPC. The leaders presented industry concerns and deliberated on possible measures to mitigate the impact and chart the way forward.

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Zaveri Bazar Welfare Association (ZBWA) Unveils India’s Grandest Jewellery Celebration i.

“ZBF 2025” Zaveri Bazar Gems and Jewellery Festival

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The legendary Zaveri Bazar, Mumbai’s timeless epicentre of the gems and jewellery trade, is poised to dazzle the world with the launch of ZBF 2025 (Zaveri Bazar Gems & Jewellery Festival) an extraordinary, first-of-its-kind B2B celebration fusing business brilliance with India’s rich cultural heritage.

This festival is organized by the Zaveri Bazar Welfare Association (ZBWA) in Association with Jewel Trendz Pvt. Ltd (Event organizer). ZBF 2025 will run from 22nd September to 26th October 2025, with the core buyer-seller showcase scheduled from 6th to 16th October 2025. The festival promises to redefine the business of jewellery with unmatched scale, spirit, and splendour.

Highlights of ZBF 2025 The ZBF 2025 is set to become the gold standard in jewellery events by bringing together the entire ecosystem under one visionary platform: – 7,000+ Hosted Jewellery Retailers from every corner of India – International Buyers from over 10 countries – 9,000+ Manufacturers, Wholesalers & Traders from the Zaveri Bazar fraternity – Heritage Showcases, Cultural Parades, Fashion Walks, Light Installations, and much more

Participants will experience premium business meetings, exclusive jewellery showcases across Zaveri Bazar stores and offices, and curated networking evenings, all wrapped in the festive spirit of Diwali in India’s most iconic jewellery destination.

A United Industry, A Shared Vision For the first time in history, Zaveri Bazar comes together as one, backed by the unwavering support of leading industry bodies: IBJA | GJC | MWGJA | Dagina Bazar | JYF | and the entire Indian jewellery community Speaking on the initiative.

Hitesh Jain, President of Zaveri Bazar Welfare Association, shared: “ZBF 2025 is more than a festival. it’s a tribute to our legacy, our craftsmanship, and our collective pride. We are writing a new chapter for Indian jewellery. Zaveri Bazar will shine again — stronger, brighter, and united like never before.”

Govind Verma CMD – Jewel Trendz Pvt Ltd : The Zaveri Bazar Gem & Jewellery Festival will be a game changer. Zaveri Bazar is an important and historic market. ZBF will leverage the legacy of Zaveri Bazar and make it global brand. I am honoured and privileged to be associated with ZBF.

Rajesh Kalyanaraman -Executive Director Kalyan Jewellers: Zaveri Bazar is a historic and important jewellery market. I cherish the fond memories of Zaveri Bazar and the warm relationships we have built with the jewellers of Zaveri Bazar. I assure you the full support from Kalyan Jewellers to each and every stakeholder in Zaveri Bazar

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Belgian Delegation Visits GJEPC to Strengthen Bilateral Trade Ties

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The Gem & Jewellery Export Promotion Council (GJEPC) hosted a high-level delegation from Belgium at its head office in Mumbai to foster strategic dialogue and collaboration within the gem and jewellery sector.

The Belgian delegation included H.E. Mr. Frank Geerkens, Consul General of Belgium in Mumbai, and Mr. Jonas Heirbrant, Trade Counsellor at the Embassy of Belgium. They were welcomed by Mr. Shaunak Parikh, Vice Chairman of GJEPC, and Mr. Sabyasachi Ray, Executive Director of GJEPC.

During the meeting, both sides held in-depth discussions on key industry issues such as EU-India trade negotiations, G7 compliance regulations, tariff structures, banking and financial hurdles, and the need for smoother visa facilitation for business travel. The dialogue aimed to enhance mutual cooperation and support between the two nations in the evolving global trade landscape.

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Gargi by P N Gadgil & Sons Debuts on Blinkit, Bringing Under-₹1000 Jewellery to Instant Commerce

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Gargi by P N Gadgil & Sons, is now entering the world of instant commerce. Starting this week, Gargi’s curated range of fashion and silver jewellery is available on Blinkit in Pune, with a Mumbai rollout scheduled by the end of May 2025.

The Blinkit collection features a handpicked selection of stylish, everyday pieces priced under ₹1000, tailored for quick gifting, festive looks, and impulse fashion buys. With this launch, Gargi becomes one of the first Indian jewellery brands to tap into the rapid-delivery format for fashion accessories.

This new retail channel follows a transformative year for Gargi, which saw a shift to an asset-light FOFO model, 96 physical store touchpoints across India, and a 240% jump in net profit. The Blinkit partnership now extends the brand’s accessibility to a younger, convenience-driven demographic seeking value and style in equal measure.

“For us, access has always been a core part of the brand promise. Blinkit gives us a platform to meet customers where they are. Whether it is a last-minute gift, a festival look, or just a small treat for yourself, Gargi now arrives in minutes,” said Aditya Modak, Co-founder & Director of Gargi by P N Gadgil & Sons.

With the Blinkit launch, Gargi continues its push toward retail innovation, reaching customers across cities and platforms and purchase occasions.

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