Indriya, the prestigious jewellery brand from the Aditya Birla Group, has officially opened its first store in Hyderabad, marking its expansion into South India. This store, located in the vibrant Kondapur area, is part of the brand’s strategic plan to increase its national footprint, with the goal of opening 100 stores by FY26.

The Hyderabad store offers a refined and personalized shopping experience, featuring a dedicated kaarigari room where customers can experience Indriya’s unique fusion of craftsmanship and innovation. With a curated collection of 15,000 pieces and more than 5,000 exclusive designs, the store offers a range of high-quality jewellery for every connoisseur.

Sandeep Kohli, CEO of Indriya, shared, “Jewellery has evolved from a mere investment to an expression of individuality. At Indriya, we focus on delivering unique designs, personalized service, and authentic regional influences to cater to our customers’ distinctive preferences.”

This opening is just the beginning, as Indriya plans to expand further in Hyderabad and across the region, cementing its position as a key player in the Indian jewellery market.

Spearheaded by Dream11 and meticulously crafted under the expertise of Harsh Sagar, a fourth-generation jeweler with an eye for timeless artistry, the Champions Ring is more than just a piece of jewelry—it is a testament to legacy and achievement.

In the world of sports, some symbols carry more weight than others—trophies, medals, and jerseys immortalized in the hearts of athletes and fans. Indian cricket now has its own ground-breaking symbol of excellence: the Champions Ring. This first-of-its-kind honor, created to commemorate Team India’s historic T20 World Cup victory, is not merely a piece of jewelry—it is a legacy forged in gold and diamonds, designed to stand the test of time.

The Champions Ring, a project spearheaded by Dream11, was crafted under the expert guidance of Harsh Sagar, a fourth-generation jeweller known for his meticulous artistry. The design process took 450 hours, resulting in a ring that blends craftsmanship, symbolism, and innovation, making it a unique memento that far exceeds traditional awards.

Inspired by the championship rings awarded to NBA, NFL, and MLB victors in the U.S., Dream11 has introduced this concept to Indian cricket, allowing players to wear their victories in the form of a highly personalized keepsake. Beyond its opulence, the ring holds deep sentimental value for each athlete, serving as a lasting reminder of their journey and triumphs.

Crafting the Legacy

Weighing 60 grams of 18k solid gold and adorned with 330 natural diamonds, the Champions Ring exudes both luxury and significance. Designed with intricate attention to detail, the ring features a rotating Ashoka Chakra symbolizing India’s relentless spirit on the world stage. Each player’s name and jersey number are carefully engraved on their personal ring, while stars on the design pay tribute to India’s past World Cup victories.

The ring also boasts an innovative horseshoe-shaped spring mechanism that ensures a comfortable fit, combining aesthetic appeal with ergonomic brilliance. Under the leadership of Harsh Sagar, this fusion of precision engineering and artisanal craftsmanship has elevated the Champions Ring from an accessory to a profound symbol of achievement.

Redefining Sports Recognition in India

Globally, championship rings hold immense emotional significance, serving as cherished mementos of athletic achievement. In India, where cricket is revered as more than just a game, the Champions Ring sets a new precedent for how sporting success is recognized. The ring’s introduction is poised to reshape the landscape of Indian sports awards, extending the concept beyond cricket and potentially honoring outstanding athletes in football, badminton, athletics, and more.

Personalized awards like the Champions Ring have the potential to forge a deeper connection between athletes and their accomplishments, instilling pride and fostering a lasting legacy.

Overcoming Challenges in Design and Craftsmanship

Creating the Champions Ring was no easy feat. The process demanded an intricate balance between grandeur and meaning, ensuring that the ring not only embodied luxury but also carried deep symbolism. Sourcing the finest materials, perfecting the rotating Chakra mechanism, and engraving each player’s name with precision were technical challenges that required immense dedication. The ultimate challenge was ensuring that the ring remained wearable—comfortable, durable, and fit for daily life—while maintaining its regal stature. Through meticulous craftsmanship, these challenges were transformed into opportunities, setting new standards in sports memorabilia.

A Legacy to Be Worn

More than just a milestone for Team India, the Champions Ring signifies a cultural shift in how Indian sports achievements are honored. Unlike traditional trophies that are displayed in cabinets or museums, this ring is personal—worn, cherished, and carried forward as a badge of honor. It builds tradition, inspires future athletes, and reshapes the way victories are remembered.

As Indian sports continue to ascend on the global stage, the Champions Ring paves the way for a new era of recognition. Whether this tradition expands to other sports or remains exclusive to cricket, it is clear that the Champions Ring is far more than a piece of jewelry—it is a legacy, a testament to excellence, and a symbol crafted to endure for generations to come.

Gujarat’s gold imports saw a sharp 62% increase in February compared to January, driven by strong wedding-related demand, even though prices remained high. However, year-on-year gold imports fell by 18%, and silver imports experienced a dramatic 97% drop.

Jigar Soni, President of the Jewellers’ Association of Ahmedabad, stated that retail demand for gold remained robust, bolstered by weddings, despite rising prices forcing buyers to spend more. Additionally, investors looking to safeguard their funds from stock market volatility shifted their assets into gold, which is traditionally seen as a safe-haven investment during times of economic and geopolitical uncertainty. The high gold prices, though, led to a preference for lighter jewelry, including lower purity gold options such as 14, 16, and 18 carat.

In February, Gujarat imported 11.32 metric tonnes of gold, up from 6.98 metric tonnes in January. However, the silver import situation was starkly different. The state imported only 3.49 metric tonnes of silver in February, a significant drop from 135.23 metric tonnes in January and 749.01 metric tonnes in February of the previous year.

Soni pointed out that gold prices in Ahmedabad peaked on February 19, reaching Rs 89,500 per 10 grams, nearly 40% higher than Rs 64,000 on the same day in 2024. This price surge also led to a rise in demand for lower-purity gold. On the other hand, silver imports faced a sharp decline primarily due to reduced industrial consumption in the state and volatility in silver prices, which caused businesses to hold off on bulk purchases.