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JMAIIE 2024-The Ultimate Jewellery Machinery Exhibition inaugurated in Mumbai

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The 3rd edition of the Jewellery Machinery & Allied India International Expo 2024(JMAIIE 2024) was inaugurated today 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, 

JMA forum.

JMAIIE, organized by KNC Services, is the largest sourcing hub for jewellery machinery and allied products worldwide. JMAIIE 2024 will be held from 9-12 Feb 2024 at Bombay Exhibition Centre, Mumbai.

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In his inaugural address, Rajesh Kumar Mishra (IRS) 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 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 .”

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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.”

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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 see the latest in jewellery machinery and is a platform for manufacturers to promote their products in India and abroad.”

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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.”

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

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BrandBuzz

Gargi Launches Bliss Collection: Minimal Silver Jewellery, Thoughtfully Bottled for Gifting

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Gargi by P. N. Gadgil & Sons, one of India’s fastest-growing fashion jewellery brands, has announced the launch of its latest offering, the Bliss Collection. Made entirely of 925 sterling silver, this collection features a range of themed charms presented in distinctive, bottled packaging, designed for both self-gifting and creating memorable moments with loved ones.

Bliss marks a new direction in how Gargi approaches emotional gifting. Every piece in the collection has been created to carry a message, whether of affection, appreciation, or individuality. With motifs ranging from stars and hearts to notes and nature-inspired icons, the collection is designed to reflect a range of sentiments. Its compact packaging in glass bottles adds a layer of charm to the experience, making each piece feel like a keepsake.

The Bliss Collection is available only at Gargi’s physical retail outlets across India. Customers can walk into any of the brand’s 16 stores to explore the full collection in person.

Speaking about the launch, Aditya Modak, co-founder of Gargi by P N Gadgil & Sons, said, “Jewellery is often a silent communicator. With Bliss, we wanted to make that communication a little more intentional and special. Whether you are gifting yourself or someone close to you, these pieces are designed to say something without having to say much.”

This new launch builds on Gargi’s strong performance over the past year. The brand closed FY 2024-25 with ₹128.4 crore in revenue, growing significantly from ₹51.1 crore the previous year. Net profit stood at ₹28.8 crore. Gargi also expanded its retail presence, opened new franchise outlets, and entered the quick commerce space with a curated collection now available on Blinkit in Mumbai.

Bliss is a continuation of the brand’s focus on accessible silver jewellery with a personal edge. It brings together minimal design, everyday affordability, and thoughtful presentation, all while encouraging customers to buy with emotion, not just occasion.

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DiamondBuzz

Angola’s Endiama and Sodiam Join Natural Diamond Council with $8M Pledge to Boost Global Campaign

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Angola’s state-owned diamond giants, ENDIAMA E.P. and SODIAM E.P., have officially announced their joint membership in the Natural Diamond Council (NDC), effective July 1, 2025. Their entry comes with a significant $8 million funding commitment aimed at supporting the NDC’s global marketing efforts during the critical second half of the year.

This move underscores Angola’s expanding influence in the international diamond trade. As the world’s third-largest producer of natural diamonds and a key region for future exploration, Angola is positioning itself as a responsible and proactive leader in promoting the value and integrity of natural diamonds.

“Promoting the values and socioeconomic benefits of our diamond industry is a national priority,” said Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil and Gas. “By joining the Natural Diamond Council, Endiama and Sodiam are reinforcing our long-term commitment to transparency, sustainability, and global consumer engagement.”

David Kellie, CEO of the NDC, welcomed the partnership, noting, “Endiama and Sodiam’s participation comes at a transformative moment for the industry. Their support will help amplify our message about the natural diamond’s rarity, authenticity, and lasting positive impact.”

Richa Singh, Managing Director of NDC India & Middle East, added, “Diamonds represent deep emotional and cultural significance. With Endiama and Sodiam on board, we are better positioned to educate consumers and share the inspiring stories behind each natural diamond.”

De Beers, a founding NDC member, responded to Angola’s $8 million contribution by pledging a matching amount for 2025, further strengthening the Council’s ability to run impactful global campaigns.

With their membership, Endiama and Sodiam join a prestigious lineup of NDC contributors, including De Beers, Rio Tinto, Petra Diamonds, Murowa, and the Okavango Diamond Company. Together, they aim to promote the enduring value, ethical sourcing, and community benefits of natural diamonds on the global stage.

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DiamondBuzz

Alrosa and Sber Forge AI Partnership to Revolutionize Diamond Mining Operations

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Alrosa, one of the world’s largest diamond producers, has entered into a strategic partnership with Sber, Russia’s leading financial and technology services group, to implement artificial intelligence (AI) across its mining operations. The agreement was signed during the XXVIII St. Petersburg International Economic Forum by Alrosa CEO Pavel Marinychev and Sberbank Deputy Chairman Anatoly Popov.

This collaboration aims to integrate advanced AI tools such as computer vision, image recognition, and video analytics to enhance safety, improve quality control, and enable real-time monitoring across Alrosa’s production sites. The technologies are expected to minimize human error and optimize equipment diagnostics, logistics, and on-site road safety.

A major component of the initiative is the incorporation of large language models (LLMs) into Alrosa’s daily operations. These AI-powered assistants will accelerate document preparation, automate data analysis, and provide instant access to geological records through Retrieval-Augmented Generation (RAG) systems, delivering precise insights from tens of thousands of technical reports in seconds.

In addition to deployment, the partnership will focus on co-developing algorithms, building training datasets, and sharing machine learning expertise. These joint efforts are geared toward increasing efficiency, lowering operational costs, and supporting Alrosa’s broader digital transformation goals.

“Digitalisation is a strategic direction for Alrosa. Our ambitious AI roadmap, in partnership with Sber, marks a new chapter in operational innovation and sustainability,” said Alrosa CEO Pavel Marinychev.

Sberbank’s Anatoly Popov emphasized the significance of the alliance: “Alrosa produces over a quarter of the world’s diamonds, making it a vital partner. AI technologies like computer vision and LLMs will unlock unprecedented gains in productivity and product quality. This partnership cements our commitment to co-develop cutting-edge solutions that position Alrosa at the forefront of global diamond mining.”

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