JB Insights
IIG partners with Shringar – House of Mangalsutra Ltd. to launch Designer of the Month Competition for jewellery students
The International Institute of Gemology (IIG) has partnered with Shringar House of Mangalsutra Ltd. to introduce a new PAN-India initiative – the IIG Designer of the Month competition.Aimed at IIG students across India, this competition provides an exceptional platform for aspiring jewellery designers to conceptualize, create, and showcase their designs. Winning designs will be produced in 22K and 18K gold at Shringar’s advanced manufacturing facility, offering real-world exposure for students.
The competition will be judged by an expert panel, including Chetan Thadeshwar, Chairman & MD of Shringar House of Mangalsutra, Rahul Desai, CEO & MD of IIG, and two leading jewellery retailers. The top finalists will gain invaluable opportunities, including paid internships and potential employment with Shringar, along with sponsorships for their designs. The competition marks a significant step for IIG in its commitment to providing hands-on industry experience alongside academic learning.
This collaboration reflects IIG’s dedication to shaping the future of jewellery design education by offering practical exposure and industry connections. Rahul Desai, CEO of IIG, emphasized that the MoU represents a dynamic approach to cultivating talent, blending tradition with innovation. Meanwhile, Chetan Thadeshwar highlighted Shringar’s commitment to mentoring young talent, fostering creativity, and providing them with the resources to succeed in the jewellery industry.
JB Insights
The Silver Shift: India Navigates A Calibrated Transition To Mandatory Silver Hallmarking
Unlike The Mature Gold Compliance Culture, Silver Represents A Fragmented Landscape, Requiring A Highly Nuanced Regulatory Strategy.
India’s silver industry is undergoing a steady transformation toward a formalised and traceable ecosystem. Driven by the Bureau of Indian Standards (BIS), the sector is transitioning toward mandatory silver hallmarking via a calibrated approach that balances regulatory goals with market realities. Unlike the mature gold compliance culture, silver represents a fragmented landscape, requiring a highly nuanced regulatory strategy.
The Scale of Adoption
The shift toward formal quality assurance is rapidly accelerating:
- Infrastructure: India now hosts nearly 2.22 lakh BIS-registered jewellers (with 23,000 registered for silver) supported by 286 dedicated Assaying and Hallmarking Centres (AHCs).
- Volume: During FY 2025–26, nearly 59.31 lakh silver articles were hallmarked.
- Traceability: Over 44 lakh silver pieces feature a six-digit Hallmark Unique Identification (HUID) code, bolstered by digital upgrades like automatic weight recording and photograph capture.
The Overlooked Heavyweights: Silverware and Temple Artefacts
While jewelry often dominates the conversation, industry experts emphasizes that silverware and religious artefacts represent a massive portion of India’s silver imports by tonnage, yet remain highly underrepresented in policy debates.
Despite the millions of pieces being hallmarked annually, thousands of tonnes of silver circulate uncertified in high-value categories:
- Market Diversity: Items like puja articles, temple silver, giftware, home décor, and corporate gifts are widely assumed by consumers to be of high purity, but fineness tests frequently reveal alarming variations.
- The Sensitivity of Testing: Large or highly intricate religious pieces—such as jhulas (cradles), maces, chhatris (canopies), and heavily ornamented temple decor—present unique hurdles. Applying destructive sampling methods to these items is not only logistically complex but emotionally and culturally sensitive.
To address this, experts advocates for an incremental rollout. This involves prioritizing easily testable silverware categories first, alongside establishing clear, practical sampling rules for oversized items. Furthermore, they emphasize the need for transparent retail pricing—where metal value, making charges, and wastage are clearly broken out—allowing consumers and temple trusts to make informed decisions and avoid under-purity controversies.
Standards and Operational Hurdles
At the core of this transition is IS 2112:2025, the updated technical standard governing silver purity grades (ranging from 800 to 999.9 purity). The standard mandates safer manufacturing practices, prohibiting cadmium and lead in solders while utilizing advanced XRF analysis for verification.
However, standardisation must be balanced so it does not suppress design innovation. Stakeholders note that popular oxidized and mixed-material pieces require highly tailored hallmarking approaches, alongside resolving existing bottlenecks like hallmarking capacity constraints, hallmark wear, and delicate traditional styles like bandhel and filigree.
A Consultative Future
Recognizing these friction points, BIS is avoiding abrupt disruption. Through national consultations and the BIS Care App, the regulator is actively gathering industry feedback to design a phased rollout. By factoring in specific exemptions based on weight or technical complexity, the framework aims to protect traditional craftsmanship and design innovation while establishing standards, traceability, and trust as the foundation for Indian silver’s global competitiveness.
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