Appointment
Naresh Balani appointed Chairman of JMA Forum
With a mission to drive growth, innovation, and collaboration, the Forum works tirelessly toward the advancement and overall development of this critical sector.
Naresh Balani has been appointed Chairman, JEWELLERY MACHINERY & ACCESSORIES (JMA) Forum. JMA Forum aims at building a strong association for Jewellery Machinery & Allied Industry and works towards the betterment and development of this sector.
Representing a wide spectrum of stakeholders — from manufacturers to traders — JMA members collectively address the evolving needs of the jewellery industry. Through a continuous focus on technological upgrades and process innovations, the JMA Forum ensures that cutting-edge solutions are readily accessible, empowering the industry to enhance efficiency, precision, and creativity.
The Indian jewellery machinery sector is thriving due to a combination of factors, including strong domestic demand, increasing exports, and technological advancements. The sector is well-positioned for continued growth, with a focus on automation, innovation, and meeting evolving consumer preferences.

Naresh Balani, Chairman, JMA Forum said. ““I am truly honored to assume the role of Chairman of the JMA Forum. With deep gratitude, I sincerely thank all our members and mentors for placing their trust in me. I take on this responsibility with a strong commitment to progress, unity, and innovation in the jewellery machinery sector.
Together with our core committee members, we will focus on skill development through zonal seminars, the launch of our official industry magazine, and expanding the JMAIIE exhibition to multiple cities across India. These initiatives are aimed at driving knowledge, empowering our members, and fostering nationwide growth in our industry.”
Appointment
KISNA Appoints Nitin Naik as Chief Technology Officer to Drive Digital Innovation and Omnichannel Scale
Strengthening leadership to power retail expansion, digital commerce integration, and seamless online-offline growth across India
KISNA Diamond and Gold Jewellery, the flagship brand of the Hari Krishna Group, has announced the appointment of Nitin Naik as Chief Technology Officer (CTO). The appointment strengthens the brand’s leadership team as it accelerates retail expansion and omnichannel growth across India.
In his role, he will lead KISNA’s technology function across digital commerce, retail systems, supply chain integration and data infrastructure. He will work closely with business and operations teams to build scalable platforms, enhance customer experience and enable seamless online-offline operations.
He brings over 25 years of experience in enterprise technology, global delivery and cybersecurity. He has spent most of his career at Tata Consultancy Services (TCS), leading large transformation programs in multiple domains across global markets. Most recently, as Delivery Head – Cybersecurity, he led end-to-end cybersecurity service delivery for growth markets and global public sector and education clients, overseeing governance, financial performance and strategic client engagement.

Parag Shah, CEO, KISNA Diamond and Gold Jewellery, said, “KISNA is scaling rapidly across markets, formats and consumer segments. Technology will be central to sustaining this growth. From retail integration to omnichannel execution, we are building platforms that enable speed and consistency at scale. Nitin’s appointment strengthens our ability to drive this transformation with sharper focus.”
Nitin Naik, Chief Technology Officer, KISNA Diamond and Gold Jewellery, added, “The opportunity to build technology capabilities for a fast-scaling retail brand like KISNA is compelling. I look forward to enabling integrated platforms that support retail growth, partner ecosystems and seamless consumer journeys.”

The appointment comes amid strong growth momentum at KISNA. Over the past year, the brand has strengthened its leadership team with key appointments across finance and marketing, expanded its offline retail footprint across franchise and exclusive showroom formats, and scaled its Mumbai corporate office to support rising operational and network expansion.
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