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Surat workers move to gold

577 ViewsAs global demand for natural diamonds wanes, some of Surat’s diamond cutting and polishing units have diversified their operations by turning to gold jewellery manufacturing to ride out the low business phase. The market for gold jewellery remains reasonably good.  “The units have gradually started doing job work in jewellery manufacturing,” Gem and Jewellery Export Promotion Council (GJEPC) Chairman Vipul Shah was quoted by the Economic Times as saying. “Jewellery demand is increasing both in India and abroad, therefore, they are trying to leverage this opportunity. In this way, the units in Surat are trying to engage workers.” The demand for both gold and studded jewellery has picked up in India and abroad. However, demand for cut and polished diamonds is not expected to increase significantly in the near future as global uncertainty continues.

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577 Views

As global demand for natural diamonds wanes, some of Surat’s diamond cutting and polishing units have diversified their operations by turning to gold jewellery manufacturing to ride out the low business phase. The market for gold jewellery remains reasonably good. 

“The units have gradually started doing job work in jewellery manufacturing,” Gem and Jewellery Export Promotion Council (GJEPC) Chairman Vipul Shah was quoted by the Economic Times as saying. “Jewellery demand is increasing both in India and abroad, therefore, they are trying to leverage this opportunity. In this way, the units in Surat are trying to engage workers.”

The demand for both gold and studded jewellery has picked up in India and abroad. However, demand for cut and polished diamonds is not expected to increase significantly in the near future as global uncertainty continues.

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DiamondBuzz

Motorsport Meets High Jewellery: Hannah St John Turns Heads with ‘La Velocita’ Diamond Necklace at F1 Event

A 25-carat, 1,800-diamond Masterpiece Inspired by Formula 1 circuits Takes Centre Stage at the Glamour on the Grid ahead of the Australian Grand Prix

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At the glamorous lead-up to the Australian Grand Prix, Hannah St John, partner of Liam Lawson, made a striking statement at the Glamour on the Grid event with a one-of-a-kind diamond necklace that seamlessly blended motorsport and haute jewellery.

Titled “La Velocit” (The Speed), the necklace was crafted by Australian atelier Martin Rogers Jewellery. The extraordinary piece features approximately 1,800 diamonds totalling 25 carats, intricately arranged to trace the outlines of iconic Formula 1 circuits from the global racing calendar.

A true testament to craftsmanship, the necklace required an estimated 250–300 hours of meticulous handwork, including weeks dedicated solely to precision diamond setting. Valued at around AUD $500,000 (approximately $350,000 USD), the piece stands as a bold fusion of speed, design, and luxury artistry.

Blurring the lines between engineering inspiration and fine jewellery, “La Velocità” captured attention across the paddock, proving that Formula 1’s influence extends far beyond the track.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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