With ambitious plans to connect the silver trade, and unlock new growth opportunities, Ujjwal Derewala, Chairman, Jaipur Silver Association, discusses industry challenges, evolving consumer preferences, and Jaipur’s global aspirations in a conversation with Suneeta Kaul.

GJEPC commenced construction of India Jewellery Park Mumbai at Mahape, Navi Mumbai, on October 25, 2026. The 21.3-acre project, with an estimated investment potential of Rs. 50,000 crore and capacity to generate around one lakh direct and indirect jobs, aims to consolidate jewellery manufacturing, skilled labour and allied services in an integrated industrial hub.

GJEPC commenced construction of India Jewellery Park Mumbai at Mahape, Navi Mumbai, on October 25, 2026. The 21.3-acre project, with an estimated investment potential of Rs. 50,000 crore and capacity to generate around one lakh direct and indirect jobs, aims to consolidate jewellery manufacturing, skilled labour and allied services in an integrated industrial hub.

India’s studded gold jewellery exports increased 31.31% in April–September FY27, supported by improved trade access, lower US tariffs and demand from key international markets.

Nakshathra Gold & Diamonds has appointed actor Mammootty as its global brand ambassador as the retailer plans to expand its presence across India and international markets.

India’s silver jewellery manufacturers could see faster import approvals following the DGFT’s move to simplify authorization procedures for specified silver products. The change may improve sourcing predictability and production planning; however, customs duties and import restrictions remain unchanged, finds out Suneeta Kaul.

GJEPC’s India-France Jewellery Summit will bring 17 Indian jewellery companies to Paris from October 13 to 15, 2026, to explore partnerships with French luxury brands, opening avenues for design collaboration, private-label manufacturing, and access to European markets, discovers Suneeta Kaul.

Solitario Lab Grown Limited has filed its draft prospectus for a proposed SME IPO, with proceeds from the fresh issue earmarked for 20 new exclusive brand outlets and 75 shop-in-shop counters across India.

Kalyan Jewellers reported over 26% growth in consolidated revenue in Q2 FY2027, supported by 20% same-store sales growth in India and continued showroom expansion.

CaratLane is evaluating Australia and the UK for international expansion after gaining traction in the US, where its stores in New Jersey and Texas have shown encouraging performance.

Ekatra Jewels has raised Rs 10 crore from strategic investors within 100 days of launch, taking its valuation to Rs 100 crore to support expansion and product development.

India’s jewellery exports increased 2.44% despite a decline in diamond shipments, reflecting differing trends across jewellery categories and continued pressure on the country’s diamond trade.

Rajasthan Chief Minister Bhajan Lal Sharma unveiled the JJS 2026 theme poster on July 31 in Jaipur and accepted the invitation to inaugurate the exhibition on December 22.

India’s gem and jewellery exports increased 26.51% year-on-year to $2.21 billion in June 2026, driven by stronger global demand, lower gold prices and growth across key product categories.