National News
MSME Ministry Grants Approval to IGJS Jaipur 2025 Under PMS Scheme
The International Gem & Jewellery Show Jaipur 2025, scheduled from April 3rd to 5th, gains official recognition under the Procurement & Marketing Support (PMS) Scheme by the Ministry of MSME.
The Gem and Jewellery Export Promotion Council (GJEPC) has announced that the International Gem & Jewellery Show (IGJS) Jaipur 2025, taking place from April 3rd to 5th, has officially received approval under the Ministry of Micro, Small & Medium Enterprises’ (MSME) Procurement & Marketing Support (PMS) Scheme.
Kirit Bhansali, Chairman of GJEPC, expressed pride in this achievement, stating, “This approval reflects the tireless efforts of the GJEPC team and the valuable strategic support from our government departments. It underscores the Council’s commitment to fostering the growth of the gem and jewellery sector.”
The GJEPC also extended its heartfelt gratitude to the government officials who played a crucial role in securing this approval, including Dr. Rajneesh, Additional Secretary & Development Commissioner; Ms. Ashwani Lal, Additional Development Commissioner; and Mr. Gaurav Joshi, Joint Director & HOO, Rajasthan. Their collaborative efforts were key in making this milestone possible.
Appoinment
CaratLane Appoints Jigar Vyas as Chief Financial Officer
Seasoned finance leader to steer financial strategy and support CaratLane’s next phase of omni-channel growth
CaratLane – A Tata Product, India’s leading omni-channel jewellery brand, has announced the appointment of Jigar Vyas as its Chief Financial Officer (CFO). In this role, Jigar will lead the company’s finance function and support CaratLane’s next phase of growth as it continues to expand its omni-channel footprint across India.
Jigar brings over 16 years of experience across business finance, commercial strategy, and large-scale operations, having worked with complex, consumer-facing organisations across both large conglomerates and high-growth startups. Prior to joining CaratLane, he held senior leadership roles at ITC Ltd, Nielsen, and SUGAR Cosmetics, where he managed large teams and diverse market portfolios.
Speaking on his appointment, Jigar Vyas, Chief Financial Officer, CaratLane, said, “CaratLane has built a strong, trusted brand by combining innovation with customer-centricity. I look forward to working closely with the leadership team to strengthen financial foundations, enable disciplined growth, and support the brand’s long-term value creation as it continues to scale.”
At CaratLane, Jigar will be responsible for driving financial strategy, strengthening governance and internal control frameworks, and ensuring capital efficiency as the brand scales. He will work closely with the leadership team to align financial decision-making with long-term business objectives, while balancing growth ambitions with financial discipline and transparency.
Across his career, Jigar has been closely involved in sales finance operations, financial planning and analysis, capital raising, and cost optimisation, while also strengthening governance mechanisms and improving cost efficiencies. His experience spans working across scale, complexity, and fast-paced environments, giving him a balanced perspective on managing growth with discipline. Known for his structured approach to leadership, Jigar brings a strong emphasis on data-driven decision-making, cross-functional collaboration, and execution excellence, enabling organisations to navigate scale while maintaining financial clarity and control
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CaratLane Appoints Jigar Vyas as Chief Financial Officer
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