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Shringar House of Mangalsutra Secures IAGES Accreditation, reinforcing its leadership in ethical gold standards

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Shringar House of Mangalsutra Limited (SHOML), one of India’s most trusted names in mangalsutra craftsmanship, has received the IAGES accreditation from the Indian Association for Gold Excellence and Standards on November 27, 2025. The brand has spent decades to bring quality and heritage together through a modern approach that focuses on process. Building on its strong foundation, the company has emerged as a leader in ethically responsible jewellery production and ethical sourcing. By consistently upholding these principles, Shringar strengthens its strategic market position, reinforces its leadership in responsible jewellery manufacturing and contributes to shaping higher industry-wide standards.

As part of the certification process, they underwent a comprehensive third-party evaluation encompassing all key areas of operations, including sourcing practices, manufacturing processes, purity checks, documentation systems, and traceability protocols. Shringar’s strong focus on ethical sourcing, quality-control practices, and technology-backed process discipline played a major role in securing this recognition.

This recognition further strengthens the company’s reputation among its B2B partners, including retailers, wholesalers, and distributors, because it provides assurance of transparency, accountability, and consistency in product quality. It also creates opportunities for new markets and future collaborations to help support their ongoing expansion plans and its focus on growth through value.

Beyond operational validation, the recognition also highlights the company’s continued commitment to the industry’s growing focus on structured standards and ethical frameworks and is proud to be a leader in this initiative. 

On receiving the recognition, Chetan Thadeshwar, Chairman & Managing Director, Shringar House of Mangalsutra, said: “This recognition marks a meaningful step forward for all of us. It reflects our commitment to preserving traditional values while delivering exceptional quality worldwide. From concept to completion, we uphold precision and consistency in every process. This honour inspires us to push boundaries further and continue offering jewellery that symbolizes purity, trust and timeless craftsmanship.”

Additionally, he also added, “Guided by our vision to lead the market through integrity, transparency, and continuous innovation we see this achievement as a shared triumph, and we extend our deepest gratitude to our partners, stakeholders and employees whose trust empowers us to keep raising the bar.”

Welcoming Shringar into the accredited community, the Indian Association for Gold Excellence and Standards noted its contributions toward advancing industry standards. Kaushlendra Sinha, CEO, IAGES said,“We are happy to see Shringar House of Mangalsutra joining the IAGES family as an accredited manufacturer. The high level of quality craftsmanship, ethical business practices, and dedication towards the betterment of the industry that Shringar has shown meets the same requirements that we demand at IAGES.

The accreditation does not represent just compliance but represents the desire for all parties involved in the gold sector across India to work together towards increasing trust and transparency in the sector. We are excited to have Shringar continuing to lead the way in increasing standards within the industry.”

India’s gold industry is evolving rapidly, with today’s informed consumers expecting greater transparency from jewellery brands. They want assurance of responsible sourcing, ethical manufacturing, and verified quality standards. In this context, IAGES has accredited Shringar House of Mangalsutras as a certified manufacturer, reaffirming the brand’s commitment to trust, integrity, and accountable practices across the jewellery value chain.

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National News

GJC welcomes RBI’s 25 basis point repo rate cut

Seen  as a boost to economic growth and sectoral stability

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The All India Gem and Jewellery Domestic Council (GJC) welcomes the Reserve Bank of India’s announcement of a 25 basis point cut in the key repo rate. This progressive and timely measure reflects the Hon’ble Prime Minister and the Finance Minister’s commitment to strengthening India’s economic environment.

The gem and jewellery sector, a vital contributor to employment and exports, will benefit significantly from this reduction in interest rates. Lower borrowing costs and improved liquidity will ease financial pressures, enhance business confidence, and support growth across the trade.

Rajesh Rokde

Rajesh Rokde, Chairman of GJC, said: We sincerely appreciate the Government of India and the RBI for this supportive move. The repo rate cut will help the trade stabilise, sustain, and grow in the coming months. It is a welcome relief for our industry and will encourage investment, strengthen retail demand, and create a more conducive environment for expansion.”

Avinash Gupta, Vice Chairman of GJC, added: This decision demonstrates the government’s proactive approach to nurturing economic growth. By easing financial pressures, the RBI has created an enabling environment for businesses in the gem and jewellery sector to flourish. We urge all our fellow members nationwide to take note of this positive development and utilise the benefit effectively, especially small and medium enterprises that form the backbone of our industry.”

The GJC believes this move will have a cascading positive impact across allied industries, empowering artisans, manufacturers, wholesalers, and retailers. With improved liquidity, jewellers will be better positioned to meet consumer demand during the upcoming festive and wedding seasons, further contributing to India’s economic momentum.

The Council reiterates its gratitude to the Government of India and the Reserve Bank of India for their continued support. This measure will strengthen the sector’s resilience and long-term growth, reinforcing India’s position as a global leader in gems and jewellery.

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