National News

Sky Gold & Diamonds unveils new logo, Announces India’s largest AI-driven jewellery hub

Published

1 year ago

April 7, 2025

In a landmark moment for the Indian jewellery industry, Sky Gold & Diamonds, one of the country’s most reputed fine jewellery brands, unveiled its new logo and announced the ambitious launch of Sky Jewellery Park, India’s largest and most technologically advanced AI-driven jewellery manufacturing facility. The grand reveal took place at the iconic Sky Deck, Jio World Convention Centre, amid an audience of industry leaders, dignitaries, partners, and members of the media.

The new logo of Sky Gold & Diamonds marks a significant evolution in the brand’s journey — one that harmoniously blends modern sophistication with its rich heritage. The refreshed identity reflects the company’s forward-thinking ethos, underscoring its commitment to innovation, sustainability, and excellence in design and manufacturing.

The evening’s highlight was the formal announcement of Sky Jewellery Park, a pioneering manufacturing hub that is poised to revolutionize jewellery production in India. Set to span a massive 5,40,000 square feet, the facility will boast a production capacity of 4.5 tonnes per month, making it the largest of its kind in the nation.

What sets Sky Jewellery Park apart is its integration of artificial intelligence (AI) across all phases of manufacturing — from design optimization and prototyping to quality control and logistics. This marks a significant shift in the traditionally craft-driven jewellery industry, offering an unprecedented blend of automation, precision, and artisanal craftsmanship.

Speaking at the event, senior leadership emphasized how the rebranding aligns with India’s larger economic and cultural narrative, echoing the “Make in Bharat” vision that champions homegrown innovation and global competitiveness.

Mangesh Chauhan, Managing Director & Chief Financial Officer- Sky Gold & Diamonds, said, “This success story wouldn’t have been possible without the unwavering support of our stakeholders, our loyal customers, and our dedicated employees. To our customers—thank you for trusting us to be a part of your journey.To our employees—you are the backbone of Sky, and your hard work is what keeps us moving forward. And to all our stakeholders—thank you for believing in our vision and standing by us through every phase.Sky Gold & Diamonds is not just a company—it’s a family, a legacy, and a movement.”

Darshan Chauhan – Wholetime Director, Sky Gold & Diamonds, speaking at the launch said “At Sky, customer service isn’t a department—it’s our DNA. Whether it’s a boutique client or a large retailer, we treat every order with the same level of care and commitment. We believe in co-creation, understanding our clients’ vision, and helping them bring it to life with Indian craftsmanship and global appeal. Today, as we grow, we’re taking Sky Gold & Diamonds beyond borders.Our upcoming office in Dubai is a strategic step to serve our international clientele faster, better, and more personally.But we’re not stopping there—we plan to expand our global footprint, bringing Indian jewellery to every corner of the world.”

Mahendra Chauhan, WholetimeDirector, Sky Gold & Diamonds said “At Sky Gold & Diamonds, we are proud to unveil a state-of-the-art manufacturing facility that sets new global standards.Equipped with the best-in-class machinery, cutting-edge tools, and a world-class design team, this facility is built to serve every jewellery need.From precision craftsmanship to large-scale production, we ensure speed, quality, and creativity at every step. Our goal is to make Sky not just a manufacturer, but a trusted global partner.With this world-class setup, we are ready to take Indian jewellery craftsmanship to the world stage, proudly representing “Make in Bharat for the World.”

Akash Talesara, President- Sky Gold & Diamonds, said “For years, India has been seen as a traditional jewellery hub—but now, we’re rewriting the narrative. Our factory will position India as a global manufacturing powerhouse, on par with the best in the world.It’s about elevating trust, transparency, turnaround, and trendsetting—all under one roof. Whether it’s gold, diamond, studded, antique, or bridal, we’re building a platform where every category is catered to with perfection.From design to dispatch, everything will be under our control—ensuring speed, quality, and customization.”

The facility is being developed with a keen focus on sustainability, ensuring energy-efficient operations, ethical sourcing, and eco-friendly practices, aligning with global standards and consumer expectations. It will also generate substantial employment, training, and skill development opportunities for the local workforce.

The announcement of Sky Jewellery Park is not just a milestone for Sky Gold & Diamonds, but a transformative development for the Indian gem and jewellery sector. By leveraging cutting-edge AI and modern infrastructure while retaining the finesse of Indian craftsmanship, the company aims to strengthen India’s position as a global leader in jewellery manufacturing and exports.

Industry observers view this as a bold and timely step, especially as Indian jewellers face increasing demand for speed, quality, and transparency in both domestic and international markets. The Sky Jewellery Park is expected to accelerate innovation, reduce lead times, and enhance production scalability, setting new benchmarks for the industry.

As the lights dimmed on a glittering evening of celebration and vision, the message from Sky Gold & Diamonds was clear: the future of Indian jewellery is here, and it is bold, beautiful, and built with purpose. With a fresh brand identity and a game-changing AI-powered infrastructure on the horizon, Sky Gold & Diamonds is not just responding to industry evolution — it is shaping it.

Related Topics:2025 nationalnews Sky Gold & Diamonds Sky Jewellery Park

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National News

June Marked A Strong Rebound In India’s Gem and Jewellery Exports, Surging 26.51% Year-On-Year On Robust Demand Across Key Products and Global Markets

Published

6 hours ago

July 22, 2026

JewelBuzz Spread The Buzz

India’s gem and jewellery exports recorded a strong recovery in June 2026, with gross exports rising 26.51% year-on-year to US$ 2.21 billion (Rs. 21,010.78 crore) compared to US$ 1.75 billion (Rs. 15,023.07 crore) in June 2025. The robust monthly performance was driven by healthy demand for gold jewellery, cut and polished diamonds, silver jewellery and platinum jewellery, lab-grown diamonds across key international markets.

For the April–June 2026 period, India’s overall gross gem and jewellery exports remained stable at US$ 6.61 billion (Rs. 62,588.61 crore), registering a marginal 0.04% growth in US Dollar terms and a 10.76% increase in Rupee terms over the corresponding period last year, demonstrating the sector’s resilience amid continued global economic uncertainties and elevated precious metal prices.

Commenting on the export performance, Shri Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), said,

“The strong rebound in June exports reflects the resilience of India’s gem and jewellery sector amid an evolving global trade environment. While exports during the April–June quarter remained broadly stable, the sharp recovery in June is an encouraging sign for the months ahead. Continued demand from key markets, market diversification, and the benefits of recently concluded trade agreements such as the India–UK CETA are expected to further strengthen export growth. GJEPC will continue to work closely with the Government and industry stakeholders to enhance India’s global competitiveness and unlock new export opportunities.”

“The strong rebound in jewellery exports in June 2026 was supported by a significant correction in international gold prices. Gold prices declined by 10.28% month-on-month, falling from US$ 4,723.88 per troy ounce in May 2026 to US$ 4,238.32 per troy ounce in June 2026. The decline in bullion prices lowered raw material costs, enabling Indian exporters to offer more competitive prices in global markets. This improved price competitiveness, coupled with stronger demand in key overseas markets, boosted export volumes and strengthened buyer sentiment. Additionally, the successful participation of Indian exporters in major jewellery exhibitions in Kuwait and Sharjah further supported export orders and contributed to the strong recovery in June exports. However, the problems in availability of gold to exporters continue due to a technical regulatory issue of GST applicability at the import level by the Nominated Agencies notified by RBI. Council is working with the Govt to resolve this issue.”

June 2026: Product-wise Export Performance

Gold Jewellery (Plain & Studded) exports surged 54.50% year-on-year to US$ 1,087.74 million (Rs. 10,330.51 crore).
Plain Gold Jewellery exports grew 25.34% year-on-year to US$ 453.76 million (Rs. 4,311.43 crore). The growth was driven by strong demand from the UAE, USA, Saudi Arabia, Singapore, and the UK.
Studded Gold Jewellery exports surged 85.35% to US$ 633.97 million (Rs. 6,019.08 crore), with the UAE, Saudi Arabia and the UK emerging as the key export markets.
Cut & Polished Diamonds exports increased 8.71% to US$ 846.73 million (Rs. 8,039.30 crore), supported by healthy demand from the UAE, Hong Kong, Belgium, Canada, and the USA.
Silver Jewellery exports declined 23.98% to US$ 58.77 million (Rs. 557.52 crore) in June 2026.
Platinum Jewellery exports grew 34.77% to US$ 17.44 million (Rs. 165.55 crore), with the USA, UK, UAE, Germany, and Hong Kong being the principal export markets.
Polished Lab-Grown Diamonds exports recorded a robust 52.25% growth to US$ 101.35 million (Rs. 961.92 crore), driven by strong demand from Hong Kong, the UAE, Thailand, Canada, and the USA.
Coloured Gemstones exports declined 23.63% to US$ 26.26 million (Rs. 249.63 crore).

April–June 2026: Product-wise Export Performance

Gold Jewellery (Plain & Studded) exports stood at US$ 2.78 billion (Rs. 26,357.04 crore) during April–June 2026, registering a 2.35% decline compared with US$ 2.85 billion (Rs. 24,372.70 crore) in the corresponding period last year.
Plain Gold Jewellery exports declined 23.30% to US$ 1.13 billion (Rs. 10,704.54 crore) during April–June 2026, compared to US$ 1.47 billion (Rs. 12,611.39 crore) in the corresponding period last year.
Studded Gold Jewellery exports grew 20.10% to US$ 1.65 billion (Rs. 15,652.50 crore) from US$ 1.38 billion (Rs. 11,761.31 crore) in April–June 2025.
Cut & Polished Diamonds exports declined 4.13% to US$ 2.72 billion (Rs. 25,773.90 crore) compared to US$ 2.84 billion (Rs. 24,271.10 crore) in the corresponding period last year.
Silver Jewellery exports nearly doubled, rising 97.78% to US$ 431.30 million (Rs. 4,060.27 crore) from US$ 218.07 million (Rs. 1,865.38 crore) in April–June 2025.
Platinum Jewellery exports increased 27.66% to US$ 58.67 million (Rs. 554.81 crore) from US$ 45.96 million (Rs. 393.23 crore) during the corresponding period last year.
Polished Lab-Grown Diamonds exports increased 14.92% to US$ 296.24 million (Rs. 2,805.39 crore) from US$ 257.77 million (Rs. 2,204.84 crore) during the same period last year.
Coloured Gemstones exports declined 15% to US$ 82.25 million (Rs. 778.57 crore) compared to US$ 96.76 million (Rs. 826.93 crore) in April–June 2025.