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Global Thought Leaders Converge at BDB Leadership Series to Shape the Future of the Gem & Jewellery Industry

Three-day event features global experts, cutting-edge research, and high-level discussions on innovation, market trends, and the future of diamonds—both natural and lab-grown.

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The second edition of the Bharat Diamond Bourse (BDB) Leadership Series, themed “Polishing Our Future”, concluded successfully, drawing international experts and industry pioneers for three days of high-impact dialogue, research, and strategic insights into the evolving gem and jewellery landscape.

Hosted at the Bharat Diamond Bourse, the event kicked off with the Advances in Gem & Diamond Research & Technology (AGDRT) annual meet, led by the Gemmological Institute of India (GII). Over the first two days, research papers were presented on cutting-edge developments in gemology and diamond technology.

High-Profile Speakers & Global Collaboration

The final day featured the much-anticipated BDB Leadership Series. The event was inaugurated by H.E. Mr. Frank Geerkens, Consul General of Belgium in Mumbai, with a traditional lamp-lighting ceremony.

In his keynote, Anoop Mehta, President of BDB, addressed critical industry issues such as the recent US tariffs on Indian gems, global economic uncertainties, and the importance of engaging more deeply with ASEAN and Far East markets.

Industry Innovations and Market Trends

Tom Moses, Executive Vice President of GIA, delivered a virtual keynote on diamond origin and provenance technologies, also addressing participant queries related to certification and grading.

Liang Weizhang, Founder of Hubwis Strategic Creations, China, provided an in-depth look at the China and Hong Kong markets, outlining current shifts and long-term projections.

A powerful panel discussion on consumer trends in India and the Middle East featured:

  • Pratap Kamath, MD, Abaran Timeless Jewellery
  • KP Abdul Salaam, Vice Chairman, Malabar Group
  • Siddharthaa Sawansukha, MD, Sawansukha Jewellers

All panelists agreed on strong growth momentum in both regions, particularly within the premium and bridal jewellery segments.

Fireside Chat & First-of-Its-Kind LGD-Natural Dialogue

A highlight of the day was an inspiring fireside chat between:

  • Pranay Narvekar, Partner, Pharos Beam Consulting LLP
  • Mithun Sacheti, Co-founder & Former CEO, CaratLane

Sacheti shared the inside story of CaratLane’s journey, detailing key decisions, challenges, and learnings that shaped the brand’s success.

A first-of-its-kind panel brought together voices from both the natural and lab-grown diamond sectors, moderated by consultant Nirupa Bhat. Speakers included:

  • Smit Patel, Director, Greenlab LGD Diamonds
  • Olivia Landau, Founder & CEO, The Clearcut (USA)
  • Ashish Pethe, Partner, Waman Hari Pethe Jewellers

The discussion offered nuanced insights into consumer behavior, product positioning, and the future co-existence of both diamond categories.

Commitment to Industry Knowledge and Growth

Mehul Shah, Vice President of BDB, praised the event, stating: “This was one of the most educational and insightful industry gatherings in recent memory. The BDB Leadership Series continues to expand its scope and relevance, and we are committed to facilitating global dialogue that shapes the future of our industry.”

The event concluded with a vote of thanks by Jay Parikh, BDB Committee Member. With participation from experts across Russia, China, the U.S., and India, the event stood out for fostering international collaboration and driving conversations around innovation and industry consolidation.

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National News

Gold & Precious Metals – A future outlook

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The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary-  IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.

Some salient points made by the panelists:

  • Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
  • Till the banking system doesn’t collapse, gold price will continue to rise
  • Jewellers were advised to use a mix of futures and options for risk mitigation
  • Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
  • Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.

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