News
JMAIIE 2026: Elevating Indian jewellery machinery to global standards
The 5th edition of the Jewellery Machinery & Allied India International Expo (JMAIIE) has officially concluded at the Bombay Exhibition Centre, marking a historic turning point for the industry.
This year’s exhibition didn’t just showcase machinery; it signaled to the world that India has transitioned from a primary consumption hub to a global leader in manufacturing innovation.
A Visionary Inauguration
The event was inaugurated by Chief Guest Pramod Kumar Agrawal Chairman, NGJCI & Derewala Industries Ltd., alongside esteemed Guests of Honor: Pankaj Kumar Jagawat, MD, Shanti Gold International Ltd.Milind Barapatre, Director/Head of Office, MSME DFO Mumbai.Michael Chiles, MD, Goodwin Refractory Services India Pvt. Ltd.
The ceremony was hosted by the leadership behind the vision: Naresh Balani Chairman, JMA Forum, Rajesh Patil Vice Chairman, JMA Forum, and Kranti Nagvekar Founder, KNC Services.
Closing the Global Technology Gap
Historically, Italian and German engineering set the gold standard for jewellery machinery. However, JMAIIE 2026 proved that the gap is rapidly narrowing. By empowering MSME players to adopt high-precision technology, the expo has become a primary engine for the “Make in India” initiative.
Key Highlights of the 5th Edition:
- Domestic Strength: Indian manufacturers across all segments displayed a full-strength presence, showcasing “world-class” capabilities.
- Global Participation: Over 50 direct international exhibitors participated from high-tech hubs including Italy, Germany, Turkey, China, the USA, and Japan.
- Economic Impact: The floor saw a high volume of quality visitors and serious buyers, resulting in significant firm orders and high-value transactions.
Kranti Nagvekar Founder, KNC Services was emphatic over the success of the show, she said, “ JMAIIE was a constructive event, critical for jewellery manufacturing hub like India. W e are seeing technology at par with international players, and cost effective. It is heartening to see Indian jewellery machinery exported to GCC, Africa and other regions globally.”
The “Make in India” Momentum
JMAIIE 2026 served as a definitive platform for technology integration and market expansion. The consensus among international attendees was clear: Indian machinery has achieved global standards of quality and is now being actively integrated into international manufacturing lines.
JMAIIE is proudly powered by the JMA Forum and organized by KNC Services. As the curtains close on this edition, the message is resonant: India is no longer just following global benchmarks—it is setting them.
New Premises
BlueStone-Backed Ethera Accelerates Expansion With Four New Metro Stores Across India
Lab-Grown Diamond Jewellery Brand Strengthens Presence In Bengaluru, New Delhi, and Gurugram, Taking Store Count To Nine
BlueStone-backed lab-grown diamond jewellery brand Ethera is accelerating its retail expansion with the launch of four new metro stores across India. The brand has opened two outlets in Bengaluru—located in Indiranagar and Electronic City—along with a new store at DLF Midtown, New Delhi, and is set to soon launch in Elan Miracle Mall, Gurugram.
With these additions, Ethera’s total brick-and-mortar presence rises to nine stores, marking a significant milestone within just a year of its first retail launch in June 2025. The expansion underscores the brand’s focus on metro markets, where demand for modern, design-led jewellery and self-expression continues to grow.
Speaking on the expansion, Sharad Arora, Co-founder, Ethera, said:
“Everything we’re building at Ethera starts with a deep understanding of the customer, category, and long-term opportunity, shaping a brand rooted in strong design, transparent values, and a seamless omnichannel experience. Metro markets, with their affinity for modern jewellery and self-expression, are a natural fit for our expansion. Since launching our first store in June 2025, we’ve scaled to nine locations in under a year, reflecting strong demand and a clear shift towards more conscious, considered luxury.”
Founded in 2024 by entrepreneurs Nitesh Jain and Sharad Arora, Ethera primarily targets first-time fine jewellery buyers seeking contemporary aesthetics. The brand introduces over 200 new designs every month, leveraging a strong omnichannel strategy to reach consumers.
Its collections feature IGI-certified lab-grown diamonds set in BIS-hallmarked gold, aligning with the evolving preference for sustainable and transparent luxury. With a growing footprint in high-footfall retail hubs across cities like Noida and Ghaziabad, Ethera is steadily positioning itself as a key player in India’s direct-to-consumer jewellery landscape.
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