loader image
Connect with us

National News

IIG announces ₹1 Lakh Course Giveaway at IIJS 2025 – All it takes is a selfie and the power of your network

Published

on

1,756 views

The International Institute of Gemology (IIG), one of India’s premier institutes for gem and jewelry education, is bringing excitement and innovation to IIJS 2025 with a campaign that blends learning, networking, and fun. In a unique initiative, IIG is offering a free course worth ₹1,00,000 to one lucky participant, and all it takes to win is a selfie and the strength of one’s network.

The contest is simple yet meaningful: Visitors to IIJS can visit IIG’s booth, take a selfie at the Jharokha-themed selfie corner, and post it on their Instagram story by tagging @iigofficial. But here’s the twist: to actually win, participants must encourage their network to repost their story. The individual with the maximum shares stands to win a master course worth 1 Lakh by IIG.

The selfie corner itself is a heartfelt highlight of the experience; designed in the form of a traditional Jharokha, entirely conceptualized and crafted by IIG’s own students. As part of a merchandising project, students have carved, hand-painted, and styled the installation to reflect the IIJS 2025 theme of ‘Architecture’, blending cultural heritage with creative expression. It’s not just a photo spot; it’s a reflection of learning in action.

Rahul Desai, MD & CEO of IIG and Founder of RD Consultancy, shared his thoughts on the initiative: I love giving back to the industry. It has given me incredible opportunities and shaped who I am today. But I also believe giveaways should be fun. When there’s a little twist, and when you earn it through your energy and network, the reward becomes so much more meaningful. This isn’t just about IIG; it’s about celebrating the joy of connection, visibility, and community; things I deeply believe in.

Aligned with this year’s IIJS theme of ‘Architecture’, IIG’s booth showcases how the institute continues to lay strong educational foundations for the industry. From short-format practical workshops to long-term advanced programs, IIG offers skill-building opportunities for students, working professionals, and business owners alike. This year, the booth also introduces visitors to RD Consultancy, Rahul Desai’s newly launched advisory firm that offers strategic solutions for manufacturers, jewelry retailers, startups, and growth-focused entrepreneurs.

The synergy between IIG’s academic ecosystem and RD Consultancy’s business-forward mindset presents a compelling vision for the future, where education meets execution, and talent is empowered through both knowledge and action.

Visitors to IIJS are invited to explore the complete range of IIG’s offerings, meet the team, participate in the giveaway, and discover how this collaborative ecosystem can support their professional growth.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Kalyan Jewellers to expand in non-South markets via franchise model

Published

on

1,825 views

Kalyan Jewellers said it will accelerate the rollout of franchise-owned company-operated (FOCO) showrooms to drive expansion in India and overseas. Nearly half its revenue now comes from franchised stores, and most new openings in FY26 will follow the capital-light FOCO model as the company focuses on improving returns and reducing debt.

Thrissur-based jewellery retailer Kalyan Jewellers plans to sharpen its focus on franchise-owned company-operated (FOCO) showrooms as it scales both in India and overseas, according to its Q2FY26 earnings investor presentation. The jeweller said future incremental expansion will be driven largely through capital-light franchise formats, aimed at improving returns and reducing balance sheet leverage.


The company, which has 174 FOCO showrooms in India as of September 30, 2025, has signed letter of intents (LOIs) for 89 new FOCO outlets to be opened in FY26. Its digital-first brand Candere will also expand primarily through the FOCO route, with 54 such showrooms already in place. Internationally, Kalyan said calibrated expansion in the Middle East and entry into the US market will similarly rely on franchise-led stores.

The shift is part of a broader strategy towards capital-efficient growth. The company aims to use 40-50% of profits to repay debt and invest in shareholder returns. Since April 2023, Kalyan has repaid Rs 6,461 crore in working capital loans in India and declared a dividend payout of over 20% for FY25.

The jeweller reported about 31% revenue growth in Q2FY26, supported by 16% same-store sales growth and continued strong new customer additions, which accounted for over 38% of sales. Nearly 49% of quarterly revenue came from franchised showrooms. Margin gains were driven by improved procurement efficiencies and operating leverage.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x