International News
Hari Krishna Exports Honoured with Environmental Stewardship Award at JWA Hong Kong 2025
HK Share Sustainability Insights and receive the award at Jewellery & Gem WORLD Hong Kong
Hari Krishna Exports Pvt. Ltd., a global leader in natural diamond manufacturing and sustainable innovation, was honoured with the Environmental Stewardship Award at the prestigious Jewellery World Awards (JWA) 2025, held during Jewellery & Gem WORLD Hong Kong.
This accolade recognizes the company’s far-reaching contributions to the United Nations Sustainable Development Goals, particularly Life Below Water and Life On Land, and marks a continued legacy of excellence following its Jury’s Special Recognition Award for Environmental Stewardship at JWA 2024.
At the heart of this recognition is the work of the Dholakia Foundation, the philanthropic wing of Hari Krishna Exports. Through transformative initiatives like Mission River, the foundation has revived over 164 lakes and rivers, conserved more than 36 billion liters of water, and boosted irrigation and biodiversity across drought-prone regions in Gujarat.
Meanwhile, Mission 102030 has already seen the plantation of 3.6 million trees, creating vital micro-habitats, green corridors, and carbon sinks. These ecological efforts have directly improved livelihoods and reversed migration trends in rural communities, positively impacting over 250,000 farmers and villagers.
The award specifically highlighted the foundation’s restoration of freshwater ecosystems such as Bharatmata Sarovar, Kalwa River, and Saraswati River—now thriving sanctuaries that support migratory bird species, including Painted Storks and Herons.
Accepting the award at the JWA 2025 ceremony were Ghanshyam Dholakia, Founder and Managing Director of Hari Krishna Exports; Hasu Dholakia of the second generation; and Mukesh Dholakia, Head of H.K. Impex (Hong Kong). Also present were Rajesh Dholakia and Brijesh Dholakia, representing the second generation of the family.
“My father always said, keep two things in business: honesty and hard work. At Hari Krishna Exports, we live by those values every single day. Whether it’s serving meals to our 9,000 family members or reviving ecosystems, every diamond we craft reflects our care for the planet. When we honour the Earth, happiness shines through in the final product,” said Ghanshyam Dholakia, Founder & MD.
Jewellery demand in China slowed its rate of decline in 2025, emerging as one of the most resilient segments in a personal luxury market that is still contracting but beginning to find its footing, according to Bain & Company.
China’s mainland personal luxury goods market contracted 3-5% in 2025, yet jewellery posted a far milder decline of just 0-5%, sharply improving from the 15-20% drop recorded a year earlier. The narrowing fall positions jewellery among the most resilient categories in the sector.
The recovery reflects steady consumer interest even amid cautious spending. Buyers increasingly prioritized enduring value and quality, traits closely associated with jewellery purchases, helping the segment hold ground while discretionary categories weakened.
Domestic buying trends further supported sales. About 65% of luxury purchases took place on the mainland, as overseas shopping softened due to smaller price gaps and reduced travel. This shift channeled spending back to local retailers and brands, benefiting jewellery counters in particular.
Other categories recorded mixed results. Beauty edged up, watches struggled, and second-hand luxury expanded 15-20%, though jewellery’s resale share remained modest. Bain described the year as a recalibration phase, with jewellery leading the early signs of recovery and setting a steadier tone for the market heading into 2026.
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