JB Insights
Jewellery machinery is vital investment for global competitiveness
JBExlusive
Jewel Buzz recently hosted a high-level panel featuring the titans of the jewelry manufacturing industry to discuss the significance of the JMAIIE 2026. The Panel of Stalwarts comprised :K Srinivasan: Chairman, Emerald Group,Dr. Chetan Kumar: CMD, Lakshmi Diamonds, Bengaluru Nitesh Jain, MD, Purple Jewels Private Limited,Nikhil Ranavat: Director, AR Gold Private Limited & Director, Swarnshilp Chains and Jewels Pvt Ltd
The discussion highlighted how technology is no longer an optional expense but a vital investment for global competitiveness. The importance of machinery was summed by said K Srinivasan: Investing in machinery is not an expenditure; it is an investment.
Key Objectives for JMAIIE 2026
The leaders identified several critical reasons for attending the expo, emphasizing that the “machinery-only” focus of JMAIIE allows for deep concentration without the distractions of finished jewelry.
- Technology Upgradation:Â K Srinivasan emphasized that with 41 years in the field, he views quality machinery as the foundation for working with all gold purities (from 9k to 22k) and silver. Continuous updating is required to stay relevant.
- Cost & Loss Reduction:Â Nikhil Ranawat pointed out that with rising gold prices, the priority is minimizing manufacturing losses. Even recovering an extra 1% of gold through better technology significantly impacts the bottom line.
- Weight & Aesthetics: Dr. Chetan Kumar noted the industry’s shift toward both ultra-lightweight and complex fashionable jewelry, both of which require advanced precision tools.
- Production Efficiency:Â Nitesh Jain highlighted the need for robust, “non-breakdown” machines to keep manufacturing costs low for the end consumer.
The State of “Make in India” Machinery
The panel offered a candid assessment of domestic vs. international machinery standards:
| Strengths of Indian Machinery | Areas for Improvement |
| Outstanding quality in Enameling, Casting Furnaces, and Buffing Machines. | Chain-making technology still lags behind global standards. |
| Excellence in CAD/CAM software and implementation. | Need for more robust, long-term durability to match Italian/Western builds. |
| High value-for-money and improving after-sales service. | Consistency in high-end finishing for luxury products. |
Future Outlook
The industry leaders called for a strategic shift to align with the Atmanirbhar Bharat (Self-Reliant India) vision.
- Technology Hubs: Dr. Chetan Kumar said government support was imperative and proposed the creation of a dedicated Technology Park for the jewelry industry where manufacturers and AI researchers can collaborate on new machinery.
- Skill Development:Â Nitesh Jain warned that high-tech machines are useless without a skilled workforce trained to operate them. A cultural shift from traditional handmade methods to tech-driven manufacturing is essential.
- Global Ambitions: With the conclusion of various FTAs (Free Trade Agreements), the panel believes that superior technology will allow India to truly become the “Jeweler to the World.”
Conclusion
JMAIIE 2026 stands as a pivotal platform for the industry. The consensus is clear: the future of Indian jewelry lies in the marriage of traditional hand-craftsmanship and cutting-edge technology.
JB Insights
Be Your Own Valentine: Rethinking Love and Gifting This February- Kumari Fine Jewellery Inputs Shared by – Supriya Kataria, Founder, Kumari Fine Jewellery
As self-love, self-gifting, and Galentine’s Day reshape how women celebrate Valentine’s Day in India
As Valentine’s Day approaches, the conversation around love is quietly but meaningfully shifting. Once centred almost exclusively on romantic partnerships, the occasion is now being reimagined as a celebration of love in all its forms, from self-love, friendships, and family bonds to personal milestones.
Recent reports indicate a steady rise in single individuals, particularly women, who are redefining how they engage with occasions that are traditionally couple-led. In this evolving landscape, Valentine’s Day is no longer about waiting for a partner’s gesture; it has become an opportunity for personal acknowledgement and self-celebration.
Therefore, one of the most significant shifts in Valentine’s spending we have increasingly noticed has been the rise of self-gifting. Consumers today are choosing to invest in themselves, marking achievements, transitions, and moments of self-recognition. This change has been fuelled by the growing popularity of Galentine’s Day, celebrating friendships, especially between female friends, over romance and a broader cultural move towards self-care and personal investment.
Data reflects this change clearly. Bumble’s 2025 Dating Trends report reveals that 61% of single Indian women value micro-moments of care and intention over traditional romantic clichés. At the same time, Valentine’s Day shopping patterns are evolving rapidly, with 30–35% of Valentine’s Day sales in India taking place online in 2024, alongside a reported 25% increase in traffic and sales.
Against this backdrop, jewellery, long associated with milestones and meaning, has emerged as a powerful form of self-expression. Gifting oneself fine jewellery is no longer viewed as indulgent, but intentional: a way of honouring one’s journey, resilience, and individuality.
This Valentine’s Day, Kumari Fine Jewellery invites women to pause and acknowledge one quality they admire in themselves. Whether it is strength, independence, creativity, or compassion, the act of self-gifting becomes a symbol of self-recognition.
At the heart of this philosophy is my own relationship with what love means today. For me, love does not require an audience, but it does require acknowledgement. The idea is simple yet powerful: love begins with me.
As women continue to redefine celebration on their own terms, Valentine’s Day stands as a reminder that the most enduring form of love is the one we choose to recognise within ourselves, a spark from within, worthy of being honoured.
source:Bumble & Kumari Fine Jewellery
Jewellery machinery is vital investment for global competitiveness
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