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Laxmi Diamonds, Bengaluru unveils state-of-the-art factory and R&D centre at Mumbai

The centre will feature cutting-edge advancements in jewellery manufacturing technology

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Laxmi Diamonds Bengaluru unveiled a  state-of-the-art factory and R&D centre at MIDC, Andheri East,Mumbai with the who’s who of GJ industry in attendance.The formal inauguration was conducted by Chief Guests Kirit Bhansali, Chairman -GJEPC, Prithviraj Kothari, National President IBJA, Rajesh Rokde, Chairman -GJC along with Saiyam Mehra, IPC- GJC, Sriram Natarajan, MD – GIA India, Sanjay Kothari, Past Chairman GJEPC, Colin Shah, Past  Chairman GJEPC, Uday Chinai, BVC, Dilip Shah, Veer Gems, Sahil Mehra, GJC, Surendra Mehta, National Secretary IBJA and numerous dignitaries from GJ industry. Representing Laxmi Diamonds, Bengaluru were Dr Chetan Kumar Mehta, Deepak Mehta ,  Shubham Mehta and Bharat Mehta.

Speaking at the inauguration, Dr Chetan Kumar Mehta, CMD Laxmi Diamonds, Bengaluru said, “Today marks a significant milestone for all of us at Laxmi Diamonds, as we proudly inaugurate our new state-of-the-art factory and R&D Centre in MIDC, Mumbai. Close-setting diamond jewellery, a design rooted in South Indian tradition with a 5000 year legacy, has long been a hallmark of cultural craftsmanship.

This factory is dedicated to our valued clients, whose unwavering support has been instrumental in our journey. It will serve as a hub for cutting-edge research, creativity, and the development of designs that blend tradition with modernity. We are deeply grateful to our industry peers, artisans, supporters, friends, and family. Your belief in our vision fuels our growth and strengthens the future of our craft.With this new centre, we are not only investing in infrastructure — we are investing in the cultural legacy of diamond jewellery and the continued growth of the industry.”

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JB Insights

JMA Forum Seminar on MSME Schemes & Capital Raising

Experts discussed growth opportunities, innovations,  challenges in MSME sector

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The Jewellery Machinery and Allied Association – JMA Forum successfully organized its MSME Seminar- MSME Schemes & Capital Raising– specially designed for jewellery machine manufacturers  to gain insights, explore opportunities, and grow business. It brought together industry leaders, entrepreneurs, and experts to discuss growth opportunities, innovations, and challenges in the MSME sector.

The event saw an enthusiastic response from about 120 participants, with insightful sessions covering finance, technology adoption, market expansion, and policy support for MSMEs. Eminent speakers shared practical strategies to empower small and medium enterprises, ensuring sustainable and competitive growth.

Present were members of the  jewellery machine manufacturers  fraternity, industry leaders, Naresh Balani, Chairman-JMA and   Kranti Nagvekar, founder -KNC Services. JMA thanked  all attendees, speakers, and partners for making this seminar a grand success sand reaffirming its commitment to the progress of the JMA community.

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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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