National News
Jewelbox Strengthens South India Footprint with Flagship Store in Bangalore
Jewelbox, a pioneer in lab-grown diamond jewellery, has expanded its presence in South India with the opening of its flagship store in Jayanagar, Bangalore.
This expansion follows the brand’s successful entry into Chennai and is a key part of its retail growth strategy, which has seen rapid expansion with stores in Delhi, Gurgaon, Chennai, Kolkata, and Guwahati over the last six months.
Bangalore, contributing 15% of Jewelbox’s total online orders, is now a pivotal market for the brand. The new store is poised to cater to the rising demand for sustainable luxury jewellery, drawing on the city’s eco-conscious and affluent consumer base, as well as its status as a hub for young professionals.
“We’ve always seen Bangalore as a key market for growth,” said Vidita Kochar Jain, Co-Founder of Jewelbox. “With the Jayanagar store, we’re offering a personalized in-store experience for customers who appreciate sustainability, innovation, and exceptional craftsmanship.”
The Jayanagar store will showcase a curated collection of lab-grown diamond jewellery, featuring personalized consultations, exclusive designs, and expert styling advice aimed at consumers aged 25 to 50.
With the lab-grown diamond market in India set to reach USD 797.92 million by 2030, growing at a CAGR of 14.8%, Jewelbox is positioning itself to capitalize on this growing demand for sustainable jewellery. The brand plans to open three to four additional stores in Bangalore by the end of 2025, further strengthening its presence in the region.
This store launch is part of Jewelbox’s comprehensive omni-channel strategy, combining the convenience of online shopping with the immersive, hands-on retail experience at its Jayanagar outlet.
National News
GJEPC, Latur Jewellers’ Association Host Seminar On Membership, IIJS BHARAT and MSME Schemes
The Seminar Attracted Over 300 Retail Jewellery Store Owners From Murud and Nearby Regions
GJEPC, in collaboration with Saraf Suvarnakar Vyapari Sangh, Latur, organised a seminar in Murud on 24 May focusing on GJEPC membership, IIJS Bharat participation and MSME benefits.
Mithilesh Pandey, Senior Director, GJEPC, outlined the benefits of GJEPC membership, export opportunities through courier, post, hand-carry, e-commerce and online platforms, along with key government schemes and Maharashtra’s new trade policy. He also highlighted initiatives such as Buyer-Seller Meets, the Capacity Building Scheme and MSME support measures.
Naheed Sunke, Assistant Director, GJEPC, briefed participants on IIJS Bharat, its business opportunities and special discounted schemes available through the association.
The seminar attracted over 300 retail jewellery store owners from Murud and nearby regions including Chakur, Ausa, Nilanga, Ahmedpur, Udgir and Shirur Anantpal. A Parichay Card registration camp for artisans was also held during the programme.
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