National News
Zen Diamond Unveils Luxurious New Store at Sky City Mall, Borivali
Zen Diamond, a globally renowned fine jewellery brand with a presence in over 400 stores worldwide, is strengthening its footprint in India with the launch of its second store in Mumbai. Following the successful debut of its flagship store in Bandra, Zen Diamond is now bringing its exquisite craftsmanship to Borivali with a new store at Sky City Mall. Spanning across 1700 square feet, the new store offers an elegant and immersive shopping experience for jewellery enthusiasts.
The brand is renowned for its expertise in crafting high-quality natural diamond jewellery, effortlessly blending timeless elegance with contemporary designs. With a rich legacy of superior craftsmanship and innovation, the brand caters to discerning customers seeking exclusive, finely crafted pieces that embody sophistication and excellence.
In addition to fine jewellery, the brand also offers a curated selection of luxury accessories, includingperfumes, ties, watches, pens, and gold coins, making it a one-stop destination for refined gifting and personal indulgence.
The Borivali store features a refined grey palette that highlights the brilliance of the jewellery, complemented by premium materials like fluted panels and stucco textures. With concealed storage, a VIP area, and four symmetrical display zones, the space reflects Zen’s focus on design excellence and a seamless shopping experience.
Speaking about the expansion, Neil Sonawala, Managing Director at Zen Diamond, said, “India has always been a significant market for us, and the response to our first store in Bandra has been very encouraging. With the launch of our new store in Borivali, we are thrilled to bring Zen Diamond’s legacy of fine craftsmanship to a new audience in Mumbai. Our collections beautifully blend tradition with contemporary design, making them perfect for modern jewellery connoisseurs.”
Sharing in the excitement, Sameep Pathak, CEO-Sky City Mall said, “We are pleased to welcome Zen Diamond to our retail family. At Sky City Mall, we are committed to providing a premium shopping experience, and the addition of a globally renowned brand like Zen Diamond further enriches our brand mix. We look forward to customers discovering their exquisite jewellery collections.”
The newly opened store at Sky City Mall offers an immersive shopping experience, featuring a diverse collection of rings, earrings, necklaces, and bracelets crafted for every occasion. With this expansion, Zen Diamond reinforces its vision of redefining fine jewellery in India by offering a seamless fusion of global design trends and enduring sophistication.
National News
GJC welcomes RBI’s 25 basis point repo rate cut
Seen as a boost to economic growth and sectoral stability
The All India Gem and Jewellery Domestic Council (GJC) welcomes the Reserve Bank of India’s announcement of a 25 basis point cut in the key repo rate. This progressive and timely measure reflects the Hon’ble Prime Minister and the Finance Minister’s commitment to strengthening India’s economic environment.
The gem and jewellery sector, a vital contributor to employment and exports, will benefit significantly from this reduction in interest rates. Lower borrowing costs and improved liquidity will ease financial pressures, enhance business confidence, and support growth across the trade.
Rajesh Rokde, Chairman of GJC, said: “We sincerely appreciate the Government of India and the RBI for this supportive move. The repo rate cut will help the trade stabilise, sustain, and grow in the coming months. It is a welcome relief for our industry and will encourage investment, strengthen retail demand, and create a more conducive environment for expansion.”
Avinash Gupta, Vice Chairman of GJC, added: “This decision demonstrates the government’s proactive approach to nurturing economic growth. By easing financial pressures, the RBI has created an enabling environment for businesses in the gem and jewellery sector to flourish. We urge all our fellow members nationwide to take note of this positive development and utilise the benefit effectively, especially small and medium enterprises that form the backbone of our industry.”
The GJC believes this move will have a cascading positive impact across allied industries, empowering artisans, manufacturers, wholesalers, and retailers. With improved liquidity, jewellers will be better positioned to meet consumer demand during the upcoming festive and wedding seasons, further contributing to India’s economic momentum.
The Council reiterates its gratitude to the Government of India and the Reserve Bank of India for their continued support. This measure will strengthen the sector’s resilience and long-term growth, reinforcing India’s position as a global leader in gems and jewellery.
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