International News
Vandana Jagwani Advocates Sustainable Luxury & Responsible AI at Davos 2026
The Creative Director of Mahesh Notandass and Founder of Vandals joined global leaders at the World Economic Forum to discuss the intersection of brand trust, capital alignment, and cross-border scaling.
In an era where artificial intelligence and sustainability are no longer optional but foundational, Vandana Jagwani, Founder & Partner of Vandals and Creative Director at Mahesh Notandass, took the stage at the World Economic Forum to outline the future of the “Next Economy.”


Speaking at the We-Lead Lounge (P73) on January 20, she served as a key panelist for the high-level session: “Who Powers the Next Economy? Entrepreneurship, Capital, and Global Impact in an AI-Driven, Sustainable World.”
Scaling with Soul: Luxury in the AI Age
As a leader in the luxury and fine jewellery sectors, Vandana Jagwani provided a unique perspective on how heritage brands can navigate the rapid shift toward automation while maintaining the “human touch” essential to high-end retail. She emphasized that for founder-led enterprises, scaling across borders requires more than just capital—it requires a commitment to trust and narrative.
“Innovation and AI are the engines, but trust is the currency of the next economy,” Vandana Jagwani noted during the discussion. “For luxury brands to scale responsibly, we must align our technological advancements with long-term value creation and a genuine commitment to sustainability.”
A Global Exchange of Ideas
The session, moderated by Tripti Shinghal Somani (Founder & CEO of Womennovator), brought together a diverse group of policymakers and industrial leaders to explore how startups can remain resilient in an AI-centric landscape.
Vandana Jagwani was joined on the panel by:
- Deepak Kumar: Infrastructure & Industrial Development Commissioner, Government of Uttar Pradesh.
- Kalpana Murmu Soren: Member, Jharkhand Legislative Assembly.
- Marta Zięba-Szklarska: Founder & CEO, COUNT’em Group.
- Asif Iqbal: President, Indian Economic Trade Organisation.
The dialogue focused on the critical alignment of capital and sustainability, specifically how emerging markets like India can leverage AI to drive global impact without sacrificing social or environmental ethics.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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