National News
Women in the GJ Industry Pave the Way for Leadership and Innovation

Empowered women from the Gem & Jewellery industry emphasized how every woman is an invaluable asset to any organization. The shared message was clear: women are most formidable when we unite, offering unwavering support, uplifting encouragement, and celebratory affirmation of each other’s achievements. The amplification of women’s voices is not a one-time act but a continuous process that requires ongoing cultivation. It demands a sustained commitment to creating an inclusive ecosystem where women are not just present but empowered to lead, innovate, and shape the future.
Here’s what leading women and entrepreneurs have to say about International Women’s Day and its significance.

Madhuri Dixit Nene -Indian Actress – Icon of Indian Cinema
“When you educate a girl child you educate a family. It is necessary to educate women. Education is the key to progress. As a people we have a responsibility to empower women; empowering women leads to a better society. We should ensure women are represented in all segments of society, in all sectors of industry. Women need to come forward and be an integral part of every sector.”

Nirupa Bhatt – Certified Independent Director -Leadership Coach and Consultant
“My journey in the bullion industry has been one of perseverance and purpose. At Aspect Bullion & Refinery, we are committed to fostering a landscape where expertise, not gender, defines success. By championing inclusivity and providing opportunities for aspiring women, we can ensure they play a pivotal role in shaping the future of India’s bullion and refining sector.”

Vaishali Banerjee -Managing Director – India, Platinum Guild International
“The gems and jewellery industry is witnessing a powerful transformation. Today, there are many more women who are redefining every facet be it as visionary designers, strategic business leaders, or discerning consumers seeking authenticity and value. As an industry we need to ensure that this momentum continues and gains even more power, because as more women step into leadership roles it will provide for a thriving and sustainable industry. At Platinum Guild International, we have always been dedicated to amplifying women’s voices, creating meaningful opportunities, and shaping leadership to be inclusive and forward-thinking. My journey as a leader with the company has only deepened my conviction of sustaining the culture of inclusiveness, diversity, meritocracy and equal opportunities.”

Khushboo Ranawat -Director- Swarnshilp Chains & Jewellers
“Every woman is a powerful asset to every company, contributing unique strengths and perspectives that drive innovation and growth. When one woman succeeds, it should serve as an inspiration for others to reach their fullest potential. We are at our strongest when we support, uplift, and cheer each other on, for together, we can break barriers and create a future where all women thrive.”

Hetal Vakil Valia -Jewellery educator, Designer, Manufacturer, Consultant, Entrepreneur
“Women belong in all places where decisions are being made.” – Ruth Bader Ginsburg
“The jewellery industry has long been a symbol of beauty and craftsmanship, but true brilliance comes from the women reshaping its future. I have carved my own path in this dynamic world—turning challenges into stepping stones and tradition into innovation. Empowerment, to me, means more than success; it’s about lifting others, redefining leadership, and proving that resilience and creativity have no limits. The future of this industry isn’t just sparkling—it’s unstoppable, because women like us are at the helm, setting new standards and shining on our own terms.”

Bharti Bangur– Owner & Founder – Bharti Bangur- Fine Jewels
“The gem and jewellery industry has long been a reflection of artistry and precision, and today, it is also becoming a space of empowerment for women. From design and craftsmanship to entrepreneurship and leadership, women are shaping the industry with creativity, resilience, and innovation. Breaking barriers and redefining traditions, their contributions are fostering a more inclusive and dynamic future. As more women step into key roles, mentorship and opportunities become crucial to sustaining this progress. The industry thrives when diverse perspectives are embraced, and empowering women is not just a movement—it’s the key to its continued brilliance.”

Aksha Kamboj – Vice President-IBJA- Executive Chairperson – Aspect Global Ventures
“My journey in the bullion industry has been one of perseverance and purpose. At Aspect Bullion & Refinery, we are committed to fostering a landscape where expertise, not gender, defines success. By championing inclusivity and providing opportunities for aspiring women, we can ensure they play a pivotal role in shaping the future of India’s bullion and refining sector.”

Nishtashri Srinivasan– Director, Emerald Jewel Industry
“I feel like everything in the world has reached a point where there is no more “women do this, and men do this”. Thanks to the universe and every force that has made this happen. I believe that women, are created to bring in warmth, love and aesthetics into the world. They can be such amazing nurturing leaders. The world needs nurturing and love more than anything now. So the role in my opinion, of the women in jewelry industry is to be nurturing leaders, bring in lots of creativity in designs or even in business models and shine on.”

SUHANI GARG – CO FOUNDER – NISHANI
“Jewellery has always been a personal expression, yet the industry has long dictated its form. With Nishani, I set out to change that—creating pieces as dynamic and versatile as the women who wear them. Breaking into luxury as a young female entrepreneur came with challenges, but true impact isn’t about following trends—it’s about creating something lasting. As more women lead in design and craftsmanship, they’re redefining the industry with fresh perspectives. This Women’s Day, I celebrate reinvention and the women who push boundaries, proving that success isn’t about fitting in, but standing out on your own terms.”

Gunjan Sapra – COO and HOD Jewellery Design-International Institute of Gemology
In Gem & Jewellery Industry, its inspiring women breaking barriers, redefining leadership, and revolutionizing the field with creativity and resilience.” We’re not just changing the face of the industry – we’re revolutionizing it. “Kolkata, the cultural and heritage city known for its art and craftsmanship, my journey started as a Jewellery Designer, with leading jewellery houses. Every step of my journey has shaped my vision, strengthened my expertise, and fuelled my commitment to mentoring the next generation of Jewellery professionals. Today, as the COO of the International Institute of Gemology (IIG), I am dedicated to advancing Gem and Jewellery education. Honoured with the GOLDEN GIRL AWARD and SHAKTI AWARD, I take pride in celebrating and empowering women in this dynamic industry.”
By fostering a culture of mutual support, celebration, and empowerment, Women Entrepreneurs & Celebrities are not just carving a space for themselves—they are shaping the entire landscape for future generations. As we continue to amplify women’s voices, let us remember that true progress comes from creating an environment where women are encouraged to lead, innovate, and redefine success. The journey towards a more inclusive and empowering industry is ongoing, and every step forward is a testament to the resilience and determination of women across the field.

National News
Indriya Jewellery Brand Opens First Store in Hyderabad, Expanding Its Presence in South India
Indriya, part of the Aditya Birla Group, launches its debut store in Hyderabad, marking a key milestone in its nationwide expansion with plans to establish 100 stores by FY26.

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.
National News
Champions Ring- Crafting a Timeless Legacy in Indian Sports
A Revolutionary Symbol of Excellence, Crafted with Gold and Diamonds to Commemorate Team India’s Historic T20 World Cup Victory

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.
National News
Gujarat’s Gold Imports Surge 62% in February Amid Strong Wedding Demand Despite High Prices
Gold imports to Gujarat rise significantly month-on-month, while silver imports plummet by 97% due to reduced industrial demand and volatile prices.

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.
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