Karpinsky-2 holds more than 40 million tonnes of diamond-bearing ore and was first evaluated in 2018 through pilot mining operations, which confirmed its commercial viability. Preparatory work for full development began earlier this year, and the project officially moved into the design phase during a recent visit by ALROSA CEO Pavel Marinychev.

Marinychev, who personally launched the design stage, also assessed Severalmaz’s performance for 2025 during his visit. In the first five months of the year, the company surpassed its ore extraction targets and improved operational efficiency, resulting in a 9.4% increase in ore processing. These gains translated into the production of more than 1.2 million carats of rough diamonds.

The CEO also reviewed progress on a new water recycling system at the Lomonosov processing plant and emphasized the importance of completing a gym facility for workers at the shift village by year-end, highlighting the company’s focus on both sustainability and employee well-being.

“I am sure that the work of the Severalmaz team will drive the enterprise’s continued growth. We remain committed to providing safe working conditions and contributing to the development of the Arkhangelsk region,” Marinychev stated.

ALROSA, which produces about 30% of the world’s diamonds and 90% of Russia’s output, reported production of 33 million carats in 2024. The company’s proven reserves exceed 1 billion carats, solidifying its position as the global leader in diamond mining.

Limelight Diamonds, India’s largest lab grown diamond jewellery brand, continues its dazzling expansion by bringing its signature blend of sustainability and sparkle to Gwalior with the launch of its newest store – the third in Madhya Pradesh. The store was inaugurated by popular Actress, Sakshi Tanwar, who added a touch of glamour and charm to the occasion alongside the vibrant presence of the Brand’s Director, Mr. Karam Chawla, along with regional partners, Mr. Atul Pathak and Mrs. Dipti Pathak.

Strategically located at the prestigious Hotel Shelter in the heart of the city, this addition marks another milestone in the brand’s bold vision, strengthening its presence across Tier 2 markets. To mark the occasion, Limelight is offering a special launch promotion: 15% off on diamonds, 15% off on making charges, and a free gold coin on purchases above ₹1 lakh, valid until 31st July 2025.

Admiring the Brand’s collection, popular Actress, Sakshi Tanwar said, “I am simply in awe of the store and the concept of lab grown diamonds. They are made in India, and I think every Indian woman will take pride in wearing these diamonds. Their USP of solitaire-based designs is what makes the Brand stand-out for me. Their solitaire range is classy, bold and elegant with modern designs, crafted using the latest technology. Plus, their practical price points make them widely accessible. I congratulate team Limelight for bringing this interesting concept of lab grown diamonds to Gwalior and wish them the very best.”

Thoughtfully designed to reflect modern elegance and eco-conscious values, the new store promises a seamless, elevated shopping experience. With curated collections, personalised styling support, and a comprehensive introduction to the brilliance of lab grown diamonds, it stands as Gwalior’s new destination for conscious sparkle.

“The growing awareness and acceptance of lab grown diamonds is reshaping consumer choices across India,” said Pooja Sheth Madhavan, Founder & MD, Limelight Diamonds. “Gwalior represents a perfect convergence of aspiration, tradition, and modernity. With this launch, we aim to bring timeless designs backed by innovation, transparency, and a purpose-driven story to the city’s evolving jewellery market.”

The new store featuring certified lab grown diamonds boasts an exquisite collection of solitaire necklaces, bracelets, rings and earrings that perfectly blend new-age technology and traditional fine jewellery, establishing itself as the ultimate solitaire destination. While the aesthetic remains globally inspired and minimal, each store is tailored to the lifestyle and preferences of the local consumer, offering pieces that are both relevant and refined. In the last two years, the Brand has seen rapid growth and has the widest reach in the country for lab grown diamond jewellery with a presence across 40+ cities, including Mumbai, Kolkata, Delhi, Jaipur, Varanasi, Hyderabad, Rajkot, Bangalore, Chennai, etc.

Our expansion strategy is guided by consumer insight and rising demand for jewellery that offers meaning, transparency, and integrity,” added Karam Chawla, Director, Limelight Diamonds. He further added, “Gwalior is part of a growing movement—where customers aren’t just buying jewellery, they’re investing in stories, in sustainability, and values. That’s exactly what Limelight stands for.”

Additionally, the Brand’s customer services include design customisation, lifetime buyback, and a 100% exchange guarantee, along with value-protected complementary jewellery insurance and more, which further instils trust and confidence in the consumers visiting the store.

With over 40+ stores spread across 40 cities, Limelight Diamonds is poised to cross 100 stores this year, leading the lab-grown diamond revolution in India, one city at a time.

India’s gems and jewellery industry once again asserted its global presence with grandeur and success as the Jewellers Association Jaipur hosted JAS – The Premium B2B Show 2025, a three-day event that has now cemented its status as one of the most prestigious B2B jewellery exhibitions in the country.

A Grand Opening

The three day show was inaugurated at Novotel Jaipur Convention Centre in the esteemed presence of Rajasthan’s Hon’ble Deputy Chief Minister Princess Diya Kumari and Chief Guest Mr. C.K. Venkataraman, Managing Director of Titan Company (Tanishq). With their presence, the show commenced energetically, witnessing participation from traders, dealers, brands, and designers from across India and abroad.

During the inauguration, the official magazine of the Jewellers Association Jaipur, “Gem World”, was unveiled amidst dignitaries and esteemed guests.

A landmark Memorandum of Understanding (MoU) Indian-Thai Chamber of Commerce (ITCC) was also signed during the inaugural ceremony – a pivotal step toward strengthening Indo-Thai collaboration in the gems and jewellery sector.
The MoU was signed between Jewellers Association Jaipur – represented by Alok Sonkhiya (President), Ashok Maheshwari (Convener, JAS), and Neeraj Lunawat (Hon. Secretary)
and Indian-Thai Chamber of Commerce (ITCC) – represented by Sushil Kumar Dhanuka (President), Amit Lal Singh (Hon. Secretary), Biren Surendra Parikh (Hon. Treasurer), Amit Barmiwal (Joint Hon. Secretary), Naveen Batwara (Executive Director – Membership), and Pawan Kumar Mishra (Executive Director – Gems & Jewellery Representation).

JAS 2025 recorded over 5,500 daily footfalls, with business delegates arriving from the USA, Germany, Middle East, London, Thailand, and Southeast Asia. Exhibitors got an excellent platform to interact with international buyers, which initiated trade deals worth crores. The Hosted Buyers Program brought together reputed retailers and dealers from across India, significantly expanding trade networks.

The highlighted eventof JASwas held on the evening of 5th July, the Jewellery Eminence Awards (JEA) 2025 and emerged as the most talked-about highlight of the show. This year’s theme, “Royale D’Art,” was a tribute to India’s regal heritage, dignity, and cultural pride.
Bollywood actress Shazahn Padamsee graced the gala night, adding sparkle to the celebration.

Alok Sonkhiya (President) welcomed all guests and extended heartfelt thanks to the sponsors.
During his address, he remarked: “We are part of a truly beautiful business – one that deals with nature’s rarest creations. We are connected with gems, which are limited editions of nature. First and foremost, we are lovers of gemstones, and that sentiment is the soul of our trade. Addressing the buyers he further mentioned that you have arrived at the right place. Jaipur is the world’s finest jewellery market with its variety, craftsmanship, and quality, the city has earned global distinction.”

Neeraj Lunawat (Hon. Secretary) and Ashok Maheshwari (Convener, JAS) also shared their thoughts and insights on the show’s success and the industry’s forward trajectory.

The highlight of the JEA Gala Night was the inspirational presence of Honourable Chief Minister of Rajasthan – Shri Bhajan Lal ji Sharma as a Chief guest.

Raju Mangodiwala (Vice President & Co-Convener, JAS) welcomed the Chief Minister and expressed the industry’s high expectations from the state government.

“We believe the Hon’ble CM will play a pivotal role in furthering the growth of our gems and jewellery sector,” he said.

Honourable Chief Minister of Rajasthan Shri Bhajanlal Sharma applauded the outstanding designs and innovation showcased, encouraging local talent.
He appreciated the innovations brought forth by the Jewellers Association Jaipur and said Jaipur truly deserves to be called the “Gem Capital of the World”. He also encouraged greater participation of women in the jewellery industry.

His presence elevated the prestige of the event and sent a strong message of the state government’s commitment and support to the jewellery sector. His appearance was highly inspiring for organisers, exhibitors, and the entire industry, sparking hope for future positive policies and support.

He also conferred the JEA Lifetime Achievement Award and JEA Artisans Awards, honouring the legendary individuals who have elevated the Indian jewellery industry to new heights.

During the night JEAwards were distributed across 15 major categories, recognizing excellence in design, innovation, and artistry.

Final Day Highlights

On 6th July, the final day of JAS 2025, new partnerships, innovation discussions, and trade deals continued to flourish.
Madan Rathore (President, BJP Rajasthan), Kusum Yadav (Mayor, Jaipur Heritage), and Balamukund Acharya (MLA, Hawa Mahal Constituency) visited the show and experinced the exhibits.

JAS 2025 reaffirmed that Jaipur is the heart of India’s jewellery industry, carving a strong identity on the global stage.

The Executive Committee of Jewellers Association Jaipur announced that the next edition of JAS – The Premium B2B Show 2026 will be held on 3rd, 4th & 5th July 2026.
All participants, buyers, and industry professionals are urged to mark these dates and prepare for an even grander show next year.