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VAJRA INDUSTRY RESEARCH AND ACADEMIC MEET (VAIRAM) 2025 organised by GJEPC, IIT Madras inaugurated in Chennai

The Vajra Industry Research and Academic Meet (Vairam) 2025, a joint effort by GJEPC and InCent LGD IIT Madras, was officially introduced at the IITM Research Park in Chennai.

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Madras at IITM Research Park, Chennai, was unveiled by Prof. V Kamakoti, Director, IIT Madras, Prof M S Ramachandra Rao, InCent-LGD, IIT Madras, Mr. Manish Jiwani, Co-Convener, LGD Committee, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC among other dignitaries and industry experts.

The workshop features several panel discussions. “Beyond Gems: Next-Generation Applications of OLab-Grown Diamonds” explores LGDs’ potential in various industries beyond jewellery. “Lab-Grown Diamond Growth and Treatment Recipes and Challenges” delves into the intricacies of CVD and HPHT methods. “Diamond Quality Checks and Certification” addresses the crucial need for standardised quality control for gems, jewellery, and seeds. “Lab Grown Diamond Machines and Processing Equipment” will highlight the importance of indigenous equipment manufacturing to bolster India’s self-reliance. The workshop has drawn 150 + participants from the industry.

Key Takeaways

Diamond Quality Checks & Certification:

  • Advanced treatments challenge LGD grading and certification accuracy.
  • Key challenges: ensuring grading accuracy, standardization, and detecting undisclosed synthetics.
  • Emphasis on advanced testing methods, tech-driven grading, and industry consistency.
  • Traceability of tested items is a major issue.
  • LGDs are both supplementary and complementary to the diamond industry.
  • Mimicking natural diamond growth patterns in LGDs remains a challenge.

LGD Growth & Treatment Recipes: Key Takeaways

  • Increasing nitrogen in HPHT accelerates growth, benefiting gem-quality diamonds but not other industrial uses.
  • Focus on optimizing growth parameters, impurity control, and enhancement for superior diamonds.
  • Challenges include consistency, reducing defects, scalability, and reliance on high-purity raw materials.
  • Future focus on refining processes, improving sustainability, and enhancing research-industry collaboration.

Diamond Quality Checks & Certification (Continued): Key Takeaways

Strengthening quality assurance frameworks is essential to ensure consumer trust globally.

Grading LGDs differs from natural diamonds, especially in color; secondary reference masters needed.

Labs must assess hue saturation and intensity, not just color for LGDs.

Clarity characteristics differ due to metallic inclusions in LGDs.

Color grading challenges arise in borderline clusters where AI struggles.

LGDs are cut for perfection, unlike natural diamonds, which are cut for weight retention.

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National News

Aspiri Honoured With “Upcoming Franchise Opportunity Of The Year – Jewellery” Award

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  • Recognising the brand’s innovative retail approach, strong franchise proposition, & potential to create a new benchmark in the evolving jewellery retail landscape.
  • The recognition marks an important milestone in Aspiri’s journey as the brand continues to expand its presence by bringing together the legacy of jewellery craftsmanship with a modern, lifestyle-focused retail experience.

Aspiri, the retail jewellery brand from Hastmilap Pvt. Ltd., has been honoured with the prestigious “Upcoming Franchise Opportunity of the Year – Jewellery” award, recognising the brand’s innovative retail approach, strong franchise proposition, and potential to create a new benchmark in the evolving jewellery retail landscape.

The recognition marks an important milestone in Aspiri’s journey as the brand continues to expand its presence by bringing together the legacy of jewellery craftsmanship with a modern, lifestyle-focused retail experience.

The recognition further validates Aspiri’s vision of building a strong and scalable franchise ecosystem. Through its franchise model, the brand aims to empower partners with a differentiated jewellery proposition backed by design expertise, merchandising support, operational guidance, and a strong brand foundation.

The recognition strengthens Aspiri’s position as an emerging jewellery retail brand with a clear roadmap for growth. As the brand continues its expansion journey, Aspiri remains focused on creating a strong franchise network, delivering differentiated customer experiences, and shaping the future of accessible luxury jewellery retail.

Aspiri’s franchise approach focuses not only on expansion but on creating a consistent brand experience across markets. From store selection and design support to marketing, merchandising, and operational assistance, the brand aims to build long-term partnerships with entrepreneurs looking to participate in the growth of India’s organised jewellery retail sector.

Speaking about the achievement, Mr. Vishal Dholiya, Founder & Managing Director, Aspiri, said:

“This recognition is a proud moment for us as it reflects the vision behind Aspiri, to create a jewellery brand that combines craftsmanship, innovation, and accessibility. Over the years, we have understood that the future of jewellery lies in creating experiences that connect with evolving consumer aspirations. Through Aspiri, our aim is to bring a fresh perspective to jewellery retail while creating meaningful opportunities for our franchise partners. This award reinforces our belief in the brand’s potential and motivates us to continue building a strong retail presence across markets.”

Built on the foundation of Hastmilap’s expertise in jewellery manufacturing and design, Aspiri represents the next step in the brand’s evolution – moving from creating exceptional jewellery to building a consumer-facing retail ecosystem. With a focus on fashion-forward designs, premium gold vermeil jewellery, lab-grown diamonds, and natural diamonds, Aspiri aims to bring stylish, accessible, and contemporary jewellery experiences closer to today’s consumers.

Aspiri has been created to cater to the changing mindset of the consumers by offering jewellery that blends elegance, affordability, and modern design sensibilities – allowing customers to experience luxury beyond traditional occasions.

With its positioning as a youthful and contemporary jewellery brand, Aspiri aims to redefine everyday luxury by creating collections that are designed for the modern Indian consumer from professional settings and everyday wear to celebrations and special occasions.

About Aspiri

Aspiri is the retail arm of Hastmilap Pvt. Ltd., created with the vision of bringing a fresh, youthful, and contemporary jewellery experience to today’s style-conscious generation. The brand specialises in fashion-forward jewellery crafted in gold vermeil on silver, lab-grown diamonds, and natural diamonds, offering designs that are made to complement everyday style, celebrations, and modern lifestyles. Backed by Hastmilap’s expertise in jewellery manufacturing, Aspiri combines craftsmanship, innovation, and trend-driven design to make premium jewellery experiences more accessible. With a focus on curated collections and franchise-led expansion, Aspiri is building a retail ecosystem that connects customers and entrepreneurs with a new-age jewellery brand.

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