Author: svar

Hon’ble Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer signed the landmark India-UK Free Trade Agreement (FTA) today 24th July 2025 at Chequers, the official country residence of the British Prime Minister. Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was present at the ceremony as part of a special 20-member business delegation led by Hon’ble PM to UK

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A series of events unfolded on this day at GJSCI worth sharing.  It was GJSCI’s 13th Foundation Day along with Long Service Award distribution, JOSH Convocation Ceremony and Recognition of Centre of Excellence to IIGJ Delhi. On this auspicious occasion a ceremony was organized where the Chief Guest at the event were Shri. Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ Ms. Ekta Upadhyay. Director, Academic Administration – IIGJ, Mumbai who was our Special Guest along with Executive Director & CEO Mr. Rajeev Garg, & General Manager Operations, Mr. Kiran Padture who were all seated at the Dais

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Titan Company Ltd., through its Dubai-based subsidiary Titan Holdings International FZCO, completed the acquisition of a 67% stake in Damas LLC, the renowned jewellery retailer rooted in the Gulf Cooperation Council (GCC) region. The deal was struck with Damas International Limited, a subsidiary of Qatar-based Mannai Corporation. The value of the transaction has been pegged at around USD 282 million (AED 1,038 million).

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Titan Company Ltd., through its Dubai-based subsidiary Titan Holdings International FZCO, completed the acquisition of a 67% stake in Damas LLC, the renowned jewellery retailer rooted in the Gulf Cooperation Council (GCC) region. The deal was struck with Damas International Limited, a subsidiary of Qatar-based Mannai Corporation. The value of the transaction has been pegged at around USD 282 million (AED 1,038 million).

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GJEPC, the apex body of gem & jewellery trade in India, organized the Exporter and GCC Designers’ Workshop at the Bharat Ratnam Mega CFC, SEEPZ in Mumbai on 17th July. The event marked a key milestone in the lead-up to SAJEX (Saudi Arabia Jewellery Exposition), GJEPC’s first-ever show in Saudi Arabia, scheduled from 11th to 13th September 2025 at the Jeddah Superdome

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On July 5, 2025, Ratnalaya Jewellers hosted a highly successful Mega Blood Donation Camp at its Danapur branch, attracting over 200 participants, including employees, customers, and visitors. The event, organized with Maa Blood Bank and Ratnalaya Charitable Trust, garnered over 1 million views within 24 hours, reflecting its significant community impact. The initiative underscores the brand’s commitment to social responsibility, aligning with its vision of serving society beyond business. Detailed coordination and accessibility details were provided to ensure widespread participation.

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Rahul Desai, MD & CEO of the International Institute of Gemology (IIG), known for his transformative leadership and foresight in the jewelry business, officially announces the launch of RD Consultancy, a dedicated jewelry business growth consultancy. With a specialized focus on Product Planning, People Management, Brand Pulse, and Placement Strategy; RD Consultancy is positioned as a holistic partner for jewelry businesses looking to evolve, scale, and lead in an increasingly competitive landscape. This new venture marks a significant evolution in his multifaceted career, adding to his legacy as a strategist, educator, and trusted advisor within the industry.

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On July 5, 2025, Ratnalaya Jewellers hosted a highly successful Mega Blood Donation Camp at its Danapur branch, attracting over 200 participants, including employees, customers, and visitors. The event, organized with Maa Blood Bank and Ratnalaya Charitable Trust, garnered over 1 million views within 24 hours, reflecting its significant community impact. The initiative underscores the brand’s commitment to social responsibility, aligning with its vision of serving society beyond business. Detailed coordination and accessibility details were provided to ensure widespread participation.

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The 6th edition of CARATS – Surat Diamond Expo, organized by Surat Diamond Association (SDA) from July 11 to 13, 2025, at the prestigious Avadh Utopia, concluded on an exceptionally high note. The event witnessed remarkable participation and enthusiasm from industry stakeholders, culminating in trade transactions surpassing INR 100 crore. This impressive milestone reaffirmed the expo’s growing stature as a premier B2B platform for diamonds in India

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