JB Insights
Jewellery Machinery & Allied India International Expo
An unparalleled platform to showcase jewellery manufacturing technology from India and across the globe
The Indian jewellery machinery industry is a vital component of the country’s overall gem and jewellery sector. It plays a crucial role in supporting the manufacturing and processing of jewellery, from raw materials to finished products. The industry has witnessed substantial growth in recent years, driven by factors such as rising domestic demand, increasing exports, and technological advancements. The industry comprises a mix of large-scale manufacturers, small and medium-sized enterprises, and local artisans.
One of the major drivers of the jewellery machinery industry is the Jewellery Machinery & Allied India International Expo (JMAIIE). It has provided an unparalleled platform to showcase jewellery manufacturing technology from India and across the globe.JMAIIE is one of the most anticipated exhibitions in the jewellery manufacturing machinery industry, bringing together leading manufacturers, exporters, and professionals from across the globe. Renowned as a dynamic platform for showcasing technology, innovation, and manufacturing expertise, JMAIIE serves as a premier destination for connecting with the latest trends and fostering collaborations within the industry. JMAIIE is Asia’s biggest trade show in jewellery manufacturing machinery segment.
JMAIIE is organized by KNC SERVICES and powered by JEWELLERY MACHINERY & ACCESSORIES FORUM
JMAIIE achievements over previous editions
- Global Participation
JMAIIE has consistently attracted exhibitors and buyers from multiple countries, fostering international trade and creating opportunities for Indian jewellery-making machinery to gain global recognition. - Business Growth
The exhibition has established itself as a robust marketplace, facilitating significant business transactions, partnerships, and networking opportunities for both established and emerging players in the machinery sector. - Innovation and Technology
Focused on cutting-edge advancements, JMAIIE has showcased technologies that enhance jewellery design and manufacturing processes, helping the industry remain competitive in global markets. - Recognition of Craftsmanship
By celebrating Indian jewellery artistry, JMAIIE has highlighted traditional techniques while promoting modern designs, solidifying India’s position as a leader in skilled craftsmanship and technological adaptation. - Educational Initiatives
JMAIIE has organized workshops and seminars led by industry experts, providing valuable insights into market trends, evolving consumer preferences, and sustainable manufacturing practices. - Support for SMEs
Small and medium enterprises (SMEs) have benefitted significantly from JMAIIE, using the platform to gain visibility, access new markets, and establish themselves within the competitive landscape.
JMAIIE 2025 will be held from for February 7th to 10th, Bombay Exhibition Centre, Mumbai.
Number of exhibitors: 220 +
Number of booths: 350 +
Overseas exhibitors: 30+ from various countries including Turkiye, Italy, Germany
Expected Visitors: 5000 visitors representing 3000 companies
Kranti Nagvekar, Founder KNC Services, spoke to JewelBuzz on JMAIIE , its beginnings, objectives and how it is a force to reckon with as we approach the fourth edition of JMAIIE
Over the years the jewellery manufacturing technology segment was not given the importance it deserved. There was no dedicated effort to showcase and promote the machinery and allied segment. We believe that jewellery machinery is the root of manufacturing. This is what drove us to create JMAIIE – a platform focus only on manufacturing technology and machinery. We joined forces with JMA FORUM to create this powerful platform.
India is the second largest manufacturing hub, Hence there was no better place than India, and esp Mumbai which is home to the leading players in jewellery, to conduct JMAIIE. We host only one exhibition a year; Innovation and upgradation in manufacturing technology takes time. Every year exhibitors showcase fresh, innovative technology. Jewellery manufacturers are exposed to latest tech from India and abroad under one roof.
Besides leading players from India, JMAIIE features players from Italy, Turkiye, Germany.Also, many Indian distributors represent Chinese companies.Cutting edge technology from global players like sisma, Fasti, OTEC, Schultheiss is showcased.
Roadshows and seminars to promote JMAIIE are held in major metros and also in smaller cities and towns like Kolhapur and Ichalkaranji. Our team connects personally with jewellery makers and invites them. JMAIIE exhibitors are given a QR code to invite their guests. Each exhibitor reaches out to 100 -150 guests.We host more than 600 companies from India, Dubai and other GCC countries, Sri Lanka, Bangladesh.
JMAIIE is a complete show, besides the best in machinery, we have consultants, banks/financial institutions (offering loans), jewellery designers, interior designers etc
Going forward JMAIIE will get bigger and feature newer elements. We are planning more knowledge seminars.We are showcasing and demonstrating an AI based automated manufacturing process which will save costs and increase efficiency. Also, we wish to award and felicitate jewellery machinery manufacturers for excellence and innovation.
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Naresh Balani, Vice Chairman- JMA FORUM spoke to JewelBuzz on the jewellery manufacturing ecosystem, the challenges, need for government support
Earlier, leading Indian jewellery makers were entirely dependent on foreign jewellery machinery.Now increasingly, Indian jewellery makers are using Indian made machinery. But it must be noted that technological and innovation capability of India made machinery is 30 to 40 percent of the leading foreign players. Hence there is a huge gap to be filled.
We have observed that the value and quantum of orders are getting bigger from jewellery manufacturers including corporate retailers.From placing orders worth Rs 5 to 50 lakhs, we now see turnkey projects for manufacturing set up valued from Rs 25 cr to Rs 50 cr. JMAIIE has contributed in this growth story.
The Government of India needs to support Indian jewellery machinery manufacturing ecosystem by providing resources and funds, especially in R&D, skilling, training.Government schemes and finance are required to establish the infrastructure for manufacturing of jewellery machinery.The MSME suppliers need to be integrated into this ecosystem.
The government needs to recognize and honour jewellery machinery manufacturers for excellence and innovation and performance in exports.
Major jewellery companies, especially the public limited companies are adopting new technologies in jewellery machinery and allocating huge budgets. JMAIIE is a channel that communicates the critical need to adopt new technologies, which are crucial to the growth of the GJ industry.JMAIIE is actively promoting the MAKE IN INDIA movement
Indian jewellery machinery manufacturers must focus in improving quality, increase productivity using latest technology including AI, Blockchain, CAD / CAM, invest in research, lessen material wastage and adopt green energy and sustainability practices.
KNC Services, founded in 2014 by Kranti Nagvekar, has rapidly become a key player in the jewellery and machinery exhibition industry, with Kranti Nagvekar as the only female entrepreneur in this sector. JMAIIE by KNC Services is one of the most anticipated exhibitions in the jewellery manufacturing machinery industry.The company has expanded its operations across key markets such as Kolkata, Kerala, Odisha, and Mumbai, drawing substantial international buyers. Recently, KNC has extended its reach to new regions, including Saudi Arabia, Dubai, and Bangladesh, to organize B2B exhibitions, helping to introduce Indian gems and jewelry to these markets.
By organizing events that promote India-made gems and jewellery, KNC Services helps elevate the global perception of Indian craftsmanship. The company’s membership in the National Gem & Jewellery Council of India (NGJCI), under the Ministry of Commerce & Industry, further supports its role in promoting Indian trade on the international stage.
Jewellery Machinery & Accessories Forum- JMA Forum was formed in 2016 to carry on the activities to promote new technology and processes for manufacture of Jewellery and to educate the jewellery manufacturing fraternity and train new entrants into the jewellery manufacturing fraternity requiring the same and to assist in bringing the latest machinery into the country and make the same available at affordable prices.
One of the major drivers of the jewellery machinery industry is the JMAIIE. It has provided an unparalleled platform to showcase jewellery manufacturing technology from India and across the globe. JMAIIE is also driving growth of Indian jewellery machinery sector and contributing to the MAKE IN INDIA movement.
Ketan Jatakia, Partner- Ankitst Exim Inc, Founder- JMA FORUM
JMAIIE is a gamechanger in the jewellery manufacturing technology industry. It is the ultimate platform for showcasing the best in Indian and global jewellery machinery. JMAIIE is providing a boost to Indian jewellery machinery players and contributing to the MAKE IN INDIA movement.
Bhavik Shah, CEO- DOIT Industries Pvt Ltd
JMAIIE has put jewellery machinery and allied in the spotlight.It has provided a platform for showcasing the latest and most innovative jewellery manufacturing technology. JMAIIE is contributing to growth of domestic GJ industry by driving jewellery manufacturers to adopt new technology and invest in cutting edge jewellery machinery, which in turn helps in making Indian jewellery globally competitive.
D.M. Musale, MD- Quantum Equipment Co. Pvt .Ltd
JMAIIE is a great platform for jewellery manufacturers, jewellery retailers, precious metal refineries and all type of bullion traders to see and experience the latest manufacturing technology. JMAIIE showcases the most modern manufacturing processes and machinery – all under one roof.
Rajesh Garg, Partner – Garg Electroheat
Some of the machinery showcased at JMAIIE
WESTERN EQUIPMENTS AND ALLIED PVT. LTD.
DOIT INDUSTRIES PVT LTD
ANANT JEWELS AND TECHNOLOGIES
QUANTUM EQUIPMENT CO. PVT. LTD
Karatmeter JL- gold alloy analyzer and Karatmeter Q Series-precious alloy analyzer
JB Insights
Why Gold Loans Are Becoming So Popular in Rural India
Gold and silver trade range-bound as markets await Powell’s Jackson Hole speech for policy cues. With a 75% chance of a September cut, geopolitical tensions over Russia-Ukraine dampen optimism.
By Priyank Kothari Director, Arvog
In many parts of rural India, gold isn’t just a metal it is a quiet kind of financial security. Families don’t always have fixed deposits or savings accounts, but they’ll have gold jewellery tucked away in steel boxes or cloth pouches, brought out only on special occasions or during times of trouble.
For generations, gold has been used as a safety net. But what’s changed in recent years is how people are starting to use that gold. Instead of selling it to raise funds, more rural families are now turning to gold loans a trend that’s gaining strong momentum in villages, small towns, and semi-urban areas across the country.
A Familiar Asset in Every Household
Walk into any rural home whether in Maharashtra, Tamil Nadu, Uttar Pradesh, or Assam and chances are, you will find some amount of gold. It may be a pair of bangles gifted during marriage, a gold chain bought after a good harvest, or earrings passed down from a grandmother.
People may not always have ready cash, but gold is there. What’s changing now is how people are thinking about that gold. Instead of letting it sit idle, they’re realising Why not use it when we need money and keep it?
A Straightforward Process, No Headaches
Traditional bank loans can feel out of reach for many in rural areas. The paperwork, the need to show income, or the insistence on a credit score most of it doesn’t match how rural people earn or live.
Gold loans are different. The process is quick, the documents are minimal, and the money is often in your hand within an hour. For someone who needs ₹20,000 to buy seeds before the rain hits, or Rs 50,000 for a daughter’s medical treatment that kind of speed matters.
A Practical Choice for Everyday Needs
What makes gold loans even more appealing is how flexible they are.
There are no questions about what the money will be used for. It could go towards repairing a tractor, paying school fees, stocking up a Kirana shop, or buying new cows the lender doesn’t ask. And that freedom to use the loan as needed gives borrowers a sense of control.
You’re not being judged, questioned, or made to feel small. You walk in with something you own i.e. Gold and get something you want i.e. Money.
A Better Alternative to Local Moneylenders
In many villages, people still turn to moneylenders in a crisis. It’s what they have always done. But with interest rates as high as 7 to 10% per month, those loans can become traps.
Gold loans, by contrast, are far more affordable. Many NBFCs offer gold loans at annual rates starting from 12–14%. That’s a massive difference, especially when you’re repaying over several months.
Slowly, people are beginning to understand the difference and more importantly, they are seeing that formal lenders are not just for the city folk anymore.
Trust Has Been Built And That Matters
Earlier, there was fear. What if they steal our gold? What if it comes back damaged?
These concerns kept many away. But over time, with better communication, more transparency, and the presence of known lenders in rural areas, trust is being rebuilt.
The gold is stored securely, often in vaults with CCTV and biometric access. And importantly, people now get their gold back as safe, untampered, and intact.
Better Awareness, Better Reach
From WhatsApp videos to loudspeaker announcements, from local working staff to self-help groups awareness about gold loans is spreading fast.
And it’s not just awareness it’s access, too. NBFCs and banks are setting up small branches in tier-3 towns and villages, offering doorstep services in some places. Women, who traditionally handle gold in many households, are now more comfortable stepping into branches or talking to local representatives.
The comfort level has gone up. What was once seen as a last resort is now considered a smart way to raise money when needed without getting into long-term debt or selling valuable assets.
Nowadays people don’t want long-term, complicated loans. They want short term, flexible loans that can be paid back when the cash comes in and that’s exactly what gold loans offer.
Loan terms can be 3, 6, or 12 months. Repayment can be done in one go (bullet payment) or in EMIs. It fits the rhythm of rural life, without disrupting it.
The rise of gold loans in rural India is not just a financial trend. It reflects a deeper shift in how rural families think about credit, control, and dignity.
For many rural families today, a gold loan isn’t a last resort it’s the first smart step in solving a problem without losing what matters.
GlamBuzz
PNG Jewellers Charts Historic Expansion Beyond Maharashtra with Indore Debut by Madhuri Dixit
The new store will showcase PNG Jewellers’ most celebrated collections, such as Saptam, Katha, Polmi, and Eiina, blending heritage with contemporary elegance.
PNG Jewellers, one of India’s most trusted and iconic jewellery brands with a 192-year-old legacy in Maharashtra, proudly embarked on retail expansion outside their native state with the grand launch of their first store in Indore, Madhya Pradesh, on 23rd August 2025. The new store marks an important milestone in the brand’s nationwide expansion journey.
The grand launch was inaugurated by beloved film star Madhuri Dixit, who shared her delight at being part of the brand’s historic moment. She said, “PNG Jewellers has always represented trust, tradition, and timeless beauty. It is truly special to inaugurate this store in Indore and witness the brand bring its legacy and craftsmanship to yet another vibrant city.”
Speaking about the launch, Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, said, “This opening is an emotional milestone for us as we move beyond Maharashtra into a city that resonates deeply with our values. Indore, with its rich cultural heritage and refined aesthetic sensibilities, shares many similarities with Maharashtra. In fact, through this expansion, we are retracing the historic Peshwa route that once connected our regions. For us, entering Indore is not only a strategic business move but also a heartfelt homecoming of sorts.”
Located at MG Road, the new store will showcase PNG Jewellers’ most celebrated collections, blending heritage with contemporary elegance. Customers can explore a wide range of gold, diamond, and silver jewellery and artefacts that reflect both traditional artistry and modern designs.
To celebrate the launch, PNG Jewellers has announced a special inaugural offer: Flat 50%* off on gold and diamond jewellery making charges. The offer is valid from 23rd August to 6th September 2025 across all product categories available at the new store.
With this launch, PNG Jewellers enters a market renowned for its legacy of fashion, design, and jewellery craftsmanship. Indore, once the capital of the Holkar dynasty, provides the perfect stage for PNG’s expansion, a city where royal traditions meet modern aspirations, much like PNG’s own ethos of combining family trust with the professionalism of a listed corporate brand.
New Premises
Aspect Bullion Expands Retail Presence with Second Flagship Store
Aksha Kamboj and Vikas Oberoi to lead unveiling at Sky City Mall, Borivali, August 28, 2025
Aspect Bullion & Refinery, a premium gold and silver coins and bars bullion brand under Aspect Global Ventures, will unveil its second Flagship Store at Sky City Mall, Borivali on August 28 2025. The high-profile launch will be led by Aksha Kamboj, Vice President of India Bullion & Jewellers Association (IBJA) and Executive Chairperson of Aspect Global Ventures along with Chief Guest Vikas Oberoi, Chairman & Managing Director of Oberoi Realty. The store is a milestone designed to elevate bullion retail by combining heritage craftsmanship, advanced technology, and a luxury shopping experience.
Positioned as a pioneer, Aspect Bullion recently introduced India’s one-of-its-kind smart Bullion Vending machines for gold and silver coins and bars allowing purchases that are secure, instant, and transparent, setting new benchmarks for innovation in Bullion retail.
“Aspect Bullion isn’t just expanding; we’re reimagining how India experiences bullion. Our boutique store will showcase the finest bullion with a focus on design, trust, and accessibility making gold and silver retail as aspirational as luxury retail itself. The Borivali launch marks a significant step towards that vision.” Says Aksha Kamboj.
As a part of its long-terms growth strategy, Aspect Bullion plans to expand into key cities and target malls, airports and even spiritual destinations soon, creating a premium network of boutiques and vending touchpoints to make bullion investment accessible like never before.
Industry experts note that India’s gold and silver bullion market is poised for unprecedented growth, and Aspect Bullion is positioning itself to be a leader in this evolving landscape; marrying traditional trust with modern innovation.
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Senco Gold & Diamonds unveils Ganesh Chaturthi New Designs & Offers to celebrate the festival of birthday of Lord Ganesha
THIS ONAM, CELEBRATE ABUNDANCE WITH THE TIMELESS BEAUTY OF PLATINUM
Celebrate Ganpati with Nishani Studio’s KiraKira Collection
Tryst Collection: Where Bold Geometry Meets Timeless Elegance The Zen Diamond
Celebrate Ganpati with Nishani Studio’s KiraKira Collection
THIS ONAM, CELEBRATE ABUNDANCE WITH THE TIMELESS BEAUTY OF PLATINUM
Tryst Collection: Where Bold Geometry Meets Timeless Elegance The Zen Diamond
Senco Gold & Diamonds unveils Ganesh Chaturthi New Designs & Offers to celebrate the festival of birthday of Lord Ganesha
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National News6 hours agoSenco Gold & Diamonds unveils Ganesh Chaturthi New Designs & Offers to celebrate the festival of birthday of Lord Ganesha
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BrandBuzz2 hours agoTHIS ONAM, CELEBRATE ABUNDANCE WITH THE TIMELESS BEAUTY OF PLATINUM
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BrandBuzz2 hours agoCelebrate Ganpati with Nishani Studio’s KiraKira Collection
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BrandBuzz4 hours agoTryst Collection: Where Bold Geometry Meets Timeless Elegance The Zen Diamond