International News
The 2nd SEZ Gem and Jewellery Conclave
Conclave provided valuable insights in technology, branding, exports, SEZ policy

The Second SEZ Gem and Jewellery Conclave held at Bharatratnam Mega CFC in SEEPZ, Mumbai, brought together influential stakeholders from across the gem and jewellery sector to deliberate on industry growth, innovation, and policy advancements.The conclave provided valuable insights into the latest industry trends in technology, branding, exports.
The conclave was inaugurated by Dr P Anbalagan, IAS, Principal Secretary, Industries Department, Government of Maharashtra. Present at the inauguration were Kirit Bhansali, Chairman, GJEPC, Saunak Parikh, Vice Chairman, GJEPC, Suvankar Sen, MD, Senco Gold & Diamonds, Sabyasachi Ray, ED, GJEPC, Colin Shah, Head of the Working Group, Bharat Ratnam Mega CFC and Adil Kotwal, Director – SEEPZ GJ Manufacturers Association.

Dr. P Anbalagan in his inaugural address said “The Union and state governments aim to grow India’s economy from USD 3 trillion to USD 30 trillion, requiring double-digit growth across sectors, with Maharashtra as a key driver. As the state with the highest FDI, Maharashtra targets a USD 1 trillion economy in 4-5 years, needing 13-14% annual growth. We are looking at the GJ sector as generator of employment and employment.The employment intensive GJ sector will be cornerstone of Maharashtra becoming a $1 trillion economy.The GJ sector in Maharashtra is contributing 47 per cent of India’s GJ exports.”
Track 1 – Technology included: Platinum Group Metal Recycling , Dr Debashish Bhattacharya, Technical Director of Covalence, India, Casting, Stamping and Tubing in Platinum, Dr. Peter Hofmann, Chairman of INDUTHERM, Germany and Rakesh Jangid, Technical Director, Lagor India, 3D Printing of Precious Metal for Commercial Use-Dr Andrea Friso, R&D Head, Legor Italy ,Technology in Diamond Testing, Jayant Kulkarni , Partner ,SGL, Challenges in Identification of Lab Grown Diamonds by Deepa Srinivasa, Chief Gemmologist – Research & Development – GSI, India
Track 2 – Branding included: Redefining Businesses by Sachin Jain, Educator, LÉCOLE School of Jewellery Arts , Dubai, Revitalizing Diamond Desire by Amit Pratihari, Managing Director, De Beers.
Track 3 – Investments included: Booster to G&J Manufacturing by Sabyasachi Ray, Executive Director, GJEPC ,Draft Report of Common SoP for SEZs by Nishant, Partner, ELP.
With key decision-makers in attendance, the conclave promises to be an influential platform for shaping the future of the sector.

International News
Epitome of masterful craftsmanship: Paris Couture Week 2025 dazzled exquisite high-jewellery collections

Paris Couture Week 2025 dazzled with the unveiling of seven exquisite high-jewelry collections, each showcasing masterful craftsmanship and breathtaking gemstones. Each collection underscored the artistry and innovation that define haute joaillerie at its finest.
Boucheron’s Untamed Nature collection paid homage to the natural world with intricate, multi-wear pieces like the Airelles necklace. Louis Vuitton’s Awakened Hands, Awakened Minds drew inspiration from 19th-century France, incorporating industrial elements into striking designs. Chaumet’s Bamboo capsule collection honored Asian aesthetics with diamond-set bamboo motifs, while Dior’s Milly Dentelle translated lacework and nature into delicate gold and gemstone creations.
Piaget’s Essence of Extraleganza celebrated the brand’s 150th anniversary with cocktail-inspired designs, evoking the glamour of the ’60s and ’70s. Cartier’s Nature Sauvage continued its exploration of the animal kingdom, with bold interpretations of sea urchins and tigers adorned in precious stones.
Graff’s The Gift of Love unveiled a masterpiece featuring 125 carats of diamonds, with a pair of sparrows symbolizing love and devotionThe Gift of Love is a statement necklace glimmering with 125 carats of diamonds. Its form resembles that of a diamond feather, with two sparrows at the ends. Associated with the goddess of love Aphrodite, sparrows are emblems of love, togetherness and hope.
While the folds of the highly articulated feather-like structure are set with custom-cut baguette diamonds, the diamond birds are accented with blue sapphire eyes and black onyx beaks. As one bird flutters in mid-flight, the other presents it with a stunning treasure: A 13.51-carat fancy intense yellow pear-shape diamond.
International News
Optimism Soars at 2025 Hong Kong Jewellery Shows, Surpassing Market Expectations
Exhibitors and buyers alike are upbeat about the future, with increased participation from global markets, particularly the Middle East and ASEAN regions, despite global economic uncertainties.

The 2025 Hong Kong Jewellery Shows, held from March 2nd to 8th, exceeded expectations, with exhibitors noting strong market sentiment despite concerns over the global economic outlook. Organised by the Hong Kong Trade Development Council (HKTDC), the twin shows drew over 82,000 buyers from 141 countries, highlighting Hong Kong’s role as a global jewellery trade hub.
The event was split between the Hong Kong Convention and Exhibition Centre (HKCEC) and Asia World-Expo, and attracted 4,000 exhibitors from over 40 countries. The Diamond, Gem & Pearl Show saw about 32,000 visitors, while the International Jewellery Show hosted roughly 51,000 buyers. According to an on-site survey, the Middle East was seen as the most promising market for growth in the coming years, with 40% of respondents expecting a sales increase and over half anticipating stable sales.
The International Jewellery Show featured new zones like Gold Jewellery, showcasing unique designs, and the Young Jewellery Designer Arena, supporting emerging talent. This year’s event also brought forward innovation with over 30 industry seminars, including a focus on local design and new opportunities in the jewellery sector.
Despite a cautious economic climate, Indian exhibitors like Venus Jewel and Tankaria experienced strong networking but reported moderate orders, mainly due to a sluggish Chinese economy. Meanwhile, exhibitors also noted the importance of expanding into markets such as Southeast Asia, the Middle East, and North America.
An HKTDC survey found positive expectations for industry growth in markets like the Middle East (76.8%) and India (72.6%), with technology, including AI and big data, expected to shape the jewellery landscape in the coming years. Fashion and precious jewellery were highlighted as key growth categories, with diamonds (47.6%) emerging as the most sought-after gemstone.
Notable exhibitors like Hatta Chang and HC Arnoldi saw sales exceed expectations, with some anticipating growth of up to 50%. Buyers from regions including Mainland China, the Middle East, and the United States also showed strong interest, with several planning to place large orders.
In a bid to enhance accessibility for Muslim buyers, special measures were introduced, including prayer rooms, shuttle services to mosques, and Muslim-friendly amenities. The event also embraced digital innovation, with the EXHIBITION+ hybrid format and AI-powered platforms enabling seamless online matching and discussions between buyers and exhibitors.
Overall, the 2025 Hong Kong Jewellery Shows set a positive tone for the industry, with increased buyer interest, new opportunities for design and innovation, and strong potential for continued growth in key global markets.
International News
India’s Silver ETF Assets Surge 266% to ₹13,500 Crore in 2025, Marking Rapid Growth
Silver ETFs in India see unprecedented growth, with Assets under Management (AUM) jumping from ₹3,705 crore in January 2024 to ₹13,566 crore in January 2025, reflecting strong investor interest.

Silver exchange-traded funds (ETFs) in India have experienced remarkable growth, with Assets under Management (AUM) surging 266% to ₹13,566 crore by January 2025. This surge follows SEBI’s decision in November 2021 to allow Asset Management Companies to launch silver ETFs, marking a significant shift in the investment landscape. In January 2022, the AUM of silver ETFs stood at just ₹123 crore, growing to ₹1,651 crore by January 2023. The most significant increase occurred in 2024, as AUMs jumped from ₹3,705 crore in January 2024 to ₹13,566 crore by January 2025.
Investor interest in silver ETFs has also risen sharply, with twelve silver ETFs collectively crossing 6 lakh investor folios as of January 2025, up from 1.9 lakh the previous year, according to data from Zerodha Fund House. This growth suggests that Indian investors are increasingly turning to silver as a means of diversification and exposure to commodities.

Vaibhav Jalan, CBO of Zerodha Fund House, noted, “The rising transaction volumes of silver ETFs are a clear sign of growing investor interest. These ETFs provide a convenient alternative to physical silver ownership, addressing concerns about storage, security, and insurance, while offering access to silver’s price movements.”
The surge in silver ETF popularity comes amid global geopolitical and geoeconomic uncertainties, with silver prices tracking gold. Moreover, industrial demand for silver has seen a significant uptick, rising more than 55% due to its increasing applications in sectors such as automotive, technology, pharmaceuticals, and solar energy.
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