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JMAIIE 2024-The Ultimate Jewellery Machinery Exhibition

An unprecedented success with 6,000+ visitors, 250+ exhibitors

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The 3rd edition of the Jewellery Machinery & Allied India International Expo 2024(JMAIIE 2024) held at Mumbai, was an unprecedented success. JMAIIE 2024 was held from 9-12 Feb 2024 at Bombay Exhibition Centre, Mumbai.

JMAIIE, organized by KNC Services, and powered by JMA Forum, is the largest sourcing hub for jewellery machinery and allied products worldwide. JMAIIE 2024 featured250+ exhibitors and saw 6,000+ visitors across all over the world in attendance. Over 200 overseas buyers attended the exhibition. JMAIIE 2024 saw the presence of exhibitors from Italy, Turkey, Germany, Switzerland, Dubai, Qatar, Oman; they all received an excellent response from Indian jewellery manufacturers.

JMAIIE 2024 was inaugurated by Chief Guest Rajesh Kumar Mishra (IRS), Zonal Development Commissioner-SEEPZ-SEZ, Mumbai along with Guest of Honour Kevin James, MD-Goodwin Refractory Services India Pvt Ltd. Present at the inauguration were Kranti Nagvekar, Founder – KNC Services, Farhad Sethna, Chairman, JMA Forum and Michael Donald Secretary, MA forum.

In his inaugural address, Rajesh Kumar Mishra (IRS), Zonal Development Commissioner-SEEPZ-SEZ, Mumbai said, “I am pleased to see that the concept and organization of JMAIIE is fulfilling the objective of growing the jewellery machinery sector,  leading to growth of the GJ industry. My advice to the industry is that there should be an increased focus on skilled labour, maintaining quality and growing the domestic base of jewellery machinery sector.”

Kevin James, Managing Director, Goodwin Refractory Services India Pvt. Ltd said  “JMAIIE continues to be a platform for excellence, creativity and progress.The innovation in manufacturing technology showcased here is key to supporting the jewellery machinery sector.”

Farhad Sethna, Chairman-JMA Forum, said,  “JMAIIE, the exclusive jewellery machinery show has been a tremendous success.It is our endeavour to make it the largest jewellery machinery shop in the world. It provides unmatched opportunities to buyers to see the latest in jewellery machinery and is a platform for manufacturers to promote their products in India and abroad.”

 Kranti Nagvekar, Founder of KNC Services, expressed, “I wish to convey my appreciation to both exhibitors and visitors for their incredible support. We expect a huge turnout of both manufacturer and buyers from the industry to attend the largest Jewellery Machinery Exhibition of India.The latest cutting edge technology in manufacturing seen here is contributing to the PM’s vision of Make in India.”

Michael Donald, Secretary-JMA Forum delivered the vote of thanks.

The JMAIIE Excellence Awards were held concurrent to the exhibition. The awards included total of 54 categories, of which 35 companies were nominated. The jury comprised Shailesh Sangani, MD, Priority Jewels,  Vasant Birawat, MD, Chain N Chain, Bipin Viradiya, Founder & Director, Tanvi Gold Cast LLP,  Santosh Krishna, COO, Emerald Jewel Industry India Ltd and  Elangovan A, Sr. Vice President, Group Head, Malabar Group.

A posthumous award was dedicated to the late Nikunj Shah of Nikunj Exim.A lifetime achievement award was presented to Farhad Sethna of Western Enterprises and Chairman, JMA Forum.

The JMAIIE has achieved unprecedented success, surpassing all previous records. It has potential to breathe new life into the country’s machinery exports by showcasing the very best in machinery, technology, and global connections.

KNC Services has emerged as a leading jewellery trade event organizers, and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to trade.

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KISNA Diamond & Gold Jewellery launches KISNA Digital Gold in partnership with SafeGold, expanding its omnichannel gold ecosystem

The launch underscores Limelight’s rapid national expansion as it continues to strengthen its retail presence across India.

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  • Marks KISNA’s entry into digital gold ownership, strengthening its omnichannel gold ecosystem
  • Allows customers to start owning gold digitally from Rs.10 with no lock-in
  • Bridges digital gold ownership with physical jewellery redemption across KISNA’s retail network

KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, today announced the launch of KISNA Digital Gold, a strategic move marking its entry into digital gold ownership through a partnership with SafeGold, a product of Digital Gold India Private Limited (DGIPL).

The launch marks KISNA’s entry into digital gold ownership, strengthening its omnichannel gold ecosystem and expanding how customers can engage with gold across digital and physical touchpoints. Through this partnership, KISNA enables customers to buy, sell and redeem digital gold in a safe, transparent and flexible manner, while extending the trust and credibility of its jewellery legacy into a seamless digital-first experience.

KISNA Digital Gold allows customers to begin their gold purchase with an amount as low as Rs.10, significantly lowering the entry barrier to gold ownership. Customers can buy gold in fractional quantities at live market-linked prices, with holdings credited in grams up to four decimal places.

The digital gold purchased is 24-karat gold of 995 fineness or higher purity, stored securely in insured vaults operated by internationally recognised precious metals custodians, with customers retaining full ownership at all times. Customers have the flexibility to sell their digital gold at prevailing prices or redeem it against physical gold jewellery at KISNA stores across India.

Commenting on the launch, Parag Shah, CEO, KISNA Diamond & Gold Jewellery, said: “The launch of KISNA Digital Gold marks a strategic step in expanding how consumers engage with gold. Enabled through SafeGold, the offering allows customers to start with just ₹10 and transact without any lock-in, making gold ownership more accessible and transparent. Over time, we see digital gold becoming a gateway to deeper jewellery relationships, allowing consumers to plan, save and seamlessly convert their digital holdings into physical jewellery through our retail network.”

Commenting on the partnership Rhea Chaterji, COO and Co-founder, SafeGold said: “Our partnership with KISNA brings together trusted jewellery craftsmanship and secure digital gold infrastructure. By combining asset-backed gold ownership, independent trustee oversight and insured custody, we aim to make digital gold a simple, transparent and reliable option for consumers looking to own gold with confidence.”

How KISNA Digital Gold works

  • Digital onboarding: Customers register on KISNA’s platform using basic details and a valid PAN card.
  • Buy gold starting at ₹10: Gold can be purchased at live prices in flexible amounts.

  • Secure custody: Purchased gold is stored in insured vaults with independent trustee oversight to safeguard customer ownership.
  • Transparent tracking: Customers can access real-time balances, invoices and holding statements online.
  • Sell or redeem: Gold can be sold digitally at prevailing prices or redeemed for physical jewellery at KISNA stores nationwide.

There is no lock-in period, offering customers complete flexibility in managing their gold holdings. The offering is currently available to resident Indian customers with a valid PAN card. While buying and selling is enabled digitally through the platform, customers can redeem their digital gold balance at KISNA’s extensive network of stores, seamlessly bridging digital ownership with in-store craftsmanship.

This launch reinforces KISNA’s long-term focus on accessibility, trust and customer-centric innovation, while adapting to evolving consumer preferences around flexibility, transparency and digital convenience in gold ownership.

KISNA Digital Gold represents ownership of physical gold and is not a regulated financial product or deposit, but a digital method of purchasing gold for personal use.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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