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GJIIF 2024- Akshaya Tritiya Edition inaugurated in Chennai

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GJIIF 2024- Akshaya Tritiya Edition opened in Chennai today.GJIIF is India’s largest B2B expo for South Indian jewellery. The show runs from Feb 23 to 25.

The show was formally inaugurated by leaders and dignitaries of the GJ industry including Saiyam Mehra, Chairman- GJC, Jayantilal Challani, President – MJDTA, B. Sabarinath, President-TNJF, A.S. Sriram, Past President-TNJF, B.A.Ramesh, Joint MD-Thangamayil Jewellery, S.Santhakumar, Secretary-MJDTA, Yogesh Kothari, Treasurer- MJDTA and V.K Manoj of United Exhibitions .

GJIIF is jointly organized by The Jewellers & Diamond Traders Association –Madras (MJDTA) and TN Jewellers Federation (TNJF) and supported by NGJCI and IBJA.The Show Manager is United Exhibitions.

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BrandBuzz

Zoya from the House of Tata Unveils a New Expression of Aeterna—A Marquee  Drop in Signature Luxury Jewellery 

Reconnect. Renew. Reimagine. An iconic interpretation of elevated essentials — where  sacred geometry meets feminine energy in sculptural form and colour. 

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Zoya, the luxury jewellery atelier from the House of Tata, unveils a new  expression of its beloved Aeterna collection—an iconic interpretation of elevated  essentials where sacred geometry meets feminine energy in sculptural form and  colour. This refined expression introduces sculptural hoop earrings, layered  medallions, and iconic rings—architectural in silhouette, yet ethereal in presence.  Crafted with see-through construction echoing sacred patterns, each piece invites a  sense of stillness and luminosity.

Inspired by the Flower of Life—a talisman of universal interconnectedness—Aeterna  interprets geometric patterns as symbols of life. Initially envisioned in Purple Amethyst,  representing feminine energy, Aeterna now evolves with the introduction of Green  Amethyst, a gemstone symbolising renewal — creating a dual-toned narrative. 

In the life of the Zoya muse, Aeterna reflects infinite possibilities that unfold within her.  These pieces transcend trends, offering both elegance and intention for the modern  woman. Each piece of jewellery becomes not just an ornament, but a spiritual  companion, awakening her spirit beyond time and making her feel more alive than ever.

This evolution of Aeterna doesn’t extend its purpose — it deepens it. These gemstones  carry more than colour — they embody meaning for the woman whose life unfolds like a  pilgrimage of spirit. Crafted for the modern seeker, this collection accompanies her  from introspective mornings to luminous evenings, weaving seamlessly into the rhythm  of her day. These are not just jewels, but meditations in form — a quiet language of  presence and poetry. 

“Aeterna has always held a cherished place in the Zoya universe — its resonance with  women is both profound and deeply personal,” shares Amanpreet Ahluwalia, Business  head of Zoya-House of Tata. “With this new expression, we’ve added depth and  meaning, while also expanding the collection into more elevated and expressive  categories — pieces that are beautifully designed to be worn every day. More women  are embracing Aeterna, making it their own, and finding a personal connection in its  evolving spirit.

Reimagining Aeterna, the beloved collection inspired by sacred geometry, this refined  edition features rare, unique cuts of Green and Purple Amethyst sculpted into myriad  patterns of rose gold. These carefully crafted elements become wearable symbols of 

energy, balance, and transcendence. While Purple Amethyst continues to anchor her  feminine essence, Green Amethyst evokes a soft awakening within.

“Reimagining Aeterna was a deeply thoughtful process,” says Revathi Kant, Chief  Design Officer, Titan Company Limited. “We sought to honour the soul of the original  collection while unveiling it through a more contemporary lens—introducing sculptural  silhouettes and intricate, geometric detailing. With the addition of Green Amethyst—a  gemstone that embodies infinite possibility—we infused the collection with a renewed  sense of lightness and luminosity.”

With Zoya’s unmistakable artistry, every creation becomes a modern talisman — a  wearable embodiment of intention and design mastery. Zoya’s new expression of  Aeterna claims its place in the world of modern luxury — where timeless design  becomes a language of inner beauty, and jewellery is an intimate extension of self— formidable, feminine and infinite.

The collection is now available across Zoya ateliers — an eternal ode to presence,  purpose, and poetic design.

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DiamondBuzz

Cartier Earrings Lead as Sotheby’s Hong Kong Jewelry Sale Tops $19M

Rare Pink and White Diamond Pair Fetches $2.9M at High-Profile Auction

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Sotheby’s brought in over HKD 148.2 million ($19.1 million) at its April 25 High Jewelry auction in Hong Kong, with a standout pair of Cartier pink and white diamond earrings topping the sale. The earrings, set with a 6.32-carat fancy-intense-pink SI2-clarity diamond and a 6.03-carat D-color internally flawless diamond, achieved HKD 22.3 million ($2.9 million), despite missing their low estimate.

A total of 111 lots were sold at the event, which showcased exceptional pieces from luxury maisons such as Cartier, Graff, and Van Cleef & Arpels.

Among the highlights:

  • A ring set with a 61.47-carat, fancy-greenish-yellow, VS2-clarity diamond fetched HKD 10.9 million ($1.4 million), within expectations.
  • Another ring featuring a 45.15-carat, fancy-intense-yellow, VS1-clarity diamond sold for HKD 8.6 million ($1.1 million).
  • A cushion-shaped, 11.56-carat Kashmir sapphire ring accompanied by two old European-cut diamonds achieved HKD 6.4 million ($818,495).
  • An emerald-cut, 10.01-carat, D-color, internally flawless, type IIa diamond ring with a diamond-set band exceeded its estimate to bring in HKD 5.7 million ($736,646).
  • Earrings set with cushion-shaped, 5.46- and 4.57-carat Kashmir sapphires surrounded by old European-cut diamonds realized HKD 5.5 million ($703,906).
  • A Tiffany & Co. ring showcasing an 8.41-carat, D-color, internally flawless, type IIa diamond sold for HKD 4.3 million ($548,378).
  • A 15.03-carat, fancy-vivid-yellow, internally flawless diamond ring flanked by triangular diamonds garnered HKD 4.1 million ($523,823).
  • A Graff necklace featuring 38.45 carats of fancy-intense-yellow diamonds, complemented by additional diamonds in various shapes, sold for HKD 3.8 million ($491,107).
  • A JAR ring highlighted by a 17.70-carat, fancy-brown-orange, I2-clarity diamond surpassed expectations with a final price of HKD 3.3 million ($425,626).

The results underscore continued demand for colored diamonds and rare gemstones at the high end of the market.

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TechBuzz

IGI Reports Double-Digit Revenue Growth as Demand Surges for Both Lab-Grown and Natural Diamond Certification

Strong performance across all segments boosts Q1 revenue and profit; IGI plans lab expansion and tech upgrades to meet rising demand.

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The International Gemological Institute (IGI) reported robust financial results for the first quarter, driven by increased demand for certification of both lab-grown and natural diamonds. Revenue rose 10% year-on-year to INR 3 billion ($35.8 million) for the three months ending March 31, marking a 15% increase over the previous quarter.

Growth was seen across all certification segments. Loose natural-diamond certification rose 1% year-on-year, accounting for 16% of IGI’s operations. Certification of loose lab-grown diamonds grew 9%, making up the majority of the business at 54%. Grading of natural-diamond jewelry surged 21%, while lab-grown jewelry grading recorded an impressive 87% increase. These segments now represent 21% and 7% of the company’s business, respectively.

Net profit climbed 12% year-on-year to INR 1.41 billion ($16.5 million), and rose 24% compared to the previous quarter.



“The company has seen strong growth momentum across all its segments compared to the previous quarter as well as the first quarter of the last financial year,” said IGI CEO Tehmasp Printer. “Along with our core segments of natural-diamond certification and lab-grown diamond certification, we are also seeing strong demand for certification of natural diamond and lab-grown diamond jewelry, which will further accelerate the growth of our business.”

To support this rising demand, IGI announced plans to expand its laboratory capacity and invest in technology aimed at increasing operational efficiency and reducing turnaround time for services.

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