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GJEPC Showcases Export Growth Strategies and Membership Benefits at Maharashtra’s District Investment Summit

At the 2025 Summit hosted by the Directorate of Industries, GJEPC emphasized its key initiatives to boost exports, support MSMEs, and empower jewellery manufacturers across districts.

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The Gem & Jewellery Export Promotion Council (GJEPC) actively participated in the District Investment Summit 2025, organized by the Directorate of Industries (MMR, Mumbai), Government of Maharashtra, on 16th April in Mumbai, under the theme “Attracting Investment, Promoting Growth, Empowering Districts.”

Representing GJEPC, Mr. Mithilesh Pandey, Director – Membership, presented the Council’s wide array of initiatives and services designed to empower gem and jewellery businesses, particularly MSMEs and regional manufacturers.

Mr. Pandey highlighted the core benefits of GJEPC membership, including participation in prestigious platforms like IIJS (India International Jewellery Show) and IJEX (India Jewellery Exposition Centre), along with export facilitation tools such as courier and hand-carry modes, India Post’s Dak Niryat Kendras, and e-commerce tie-ups with platforms like eBay.

He also outlined GJEPC’s efforts to make logistics more affordable through subsidised services, and detailed how members can leverage free trade agreements like CEPA (with UAE) and ECTA (with Australia) to access global markets more competitively.

In addition, Mr. Pandey spoke about business development programs such as buyer-seller meets, the IC Scheme, and Capacity Building Scheme, as well as financial support options like collateral-free loans under the India Jewellery Park Mumbai (IJPM). He further emphasized the comprehensive infrastructure solutions available to jewellery manufacturers, designed to streamline operations and enhance productivity.

The session underlined GJEPC’s commitment to supporting regional growth, empowering entrepreneurs, and making India a global leader in gem and jewellery exports.

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As Men’s Jewellery Gains Momentum, Sonani Jewels Bets on the Next Big Luxury Opportunity

Sonani Jewels launches its first men’s lab-grown diamond collection as self-expression and conscious luxury redefine jewellery trends.

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For decades, the jewellery industry has largely catered to women. Campaigns celebrated brides, heirlooms and gifting traditions, while men remained passive participants—buying jewellery for loved ones but rarely for themselves.

According to The State of Fashion 2026 by The Business of Fashion and McKinsey & Company, jewellery is expected to be the fastest-growing fashion category through 2028, with annual unit growth of 4.1%—almost four times that of apparel. More significantly, the report reveals that 35% of men say they are purchasing more jewellery for themselves today than they were just two to three years ago, signalling a fundamental shift in consumer behaviour. Men’s and gender-neutral jewellery have also emerged as one of the industry’s most promising growth segments.

For Sonani Jewels, this isn’t just another market trend—it’s the beginning of a new chapter in luxury. Established in 2006, Sonani Jewels has built its legacy on craftsmanship, trust and timeless design. Today, the brand is embracing the future of fine jewellery by combining heritage with innovation through its lab-grown diamond collections, catering to a new generation of consumers who value individuality, sustainability and conscious luxury.

The modern consumer is no longer purchasing jewellery only for milestones. Increasingly, jewellery has become an extension of personal style—whether at work, while travelling, at celebrations or as part of everyday dressing. From rings and bracelets to pendants and diamond accessories, men are embracing jewellery as an expression of confidence and identity.

However, despite this cultural shift, the retail experience has been slow to evolve. Most jewellery stores continue to focus predominantly on women, leaving men with limited options designed specifically for their tastes, lifestyles and aspirations.

Recognising this gap, Sonani Jewels has introduced its first dedicated Men’s Collection—a contemporary range of lab-grown diamond rings, bracelets, pendants, chains and earrings designed for the modern man who views luxury as personal rather than prescriptive.

Commenting on this shift, Agastya Sonani, Founder of Sonani Jewels, said:

“Luxury has evolved dramatically over the past decade. Men have always invested in premium watches, bespoke tailoring and accessories, but diamonds have rarely been positioned as part of their everyday style. We believe that perception is changing, and the industry must evolve alongside the consumer.”

He further added, “Our Men’s Collection is not just about introducing new products; it’s about acknowledging an audience that has long been underserved. We want to create a jewellery experience where every individual who walks into a Sonani showroom feels represented. Jewellery today is less about gender and more about identity, confidence and self-expression.”

The launch also reflects the growing acceptance of lab-grown diamonds among younger luxury consumers. The McKinsey x Business of Fashion report projects that lab-grown diamonds could account for nearly half of all diamond jewellery unit sales by 2030, driven by innovation, accessibility and changing consumer values. Consumers today are investing in fine jewellery not only to celebrate milestones but also to celebrate themselves.

For Sonani Jewels, this evolution extends beyond launching a new collection. It is part of a broader vision to redefine modern luxury through transparency, craftsmanship and innovation while making fine jewellery more relevant to today’s lifestyles.

As fashion continues to blur traditional boundaries and luxury becomes increasingly personal, men’s jewellery is no longer a niche category—it is emerging as one of the industry’s most exciting opportunities. With its dedicated Men’s Collection, Sonani Jewels aims to contribute to this shift by creating jewellery that celebrates individuality rather than convention.

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