Browsing: diamond industry

Platinum jewelry played a defining role in many of the most memorable red-carpet looks at the 83rd Annual Golden Globe Awards. Chosen for its naturally white luster, exceptional strength, and ability to securely showcase diamonds and colored gemstones, platinum once again proved why it remains the foundation of fine jewelry at the world’s top awards shows.

As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand.

The Retail segment delivered strong revenue growth 46% in Q3 FY26 compared to the same period in the previous financial year, accounting for 83.2% of total revenue. The growth was primarily driven by strong festive and wedding season demand.

The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with strengthening HRD’s position as a reliable partner for the international diamond trade and leading the organisation through a period of significant transformation.

Shri Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel.

The Jaipur Jewellery Show (JJS) held its Exhibitors’ Meet on 17th November at the Rajasthan International Centre (RIC), witnessing an impressive gathering of nearly 400 jewellers.

Hari Krishna Exports Pvt. Ltd., a global leader in the diamond industry and a name deeply rooted in social responsibility, hosted its annual Mass Wedding Festival on 15th November 2025 at the HK Hub Facility in Surat. In a heartfelt ceremony, 28 couples were united in marriage in the presence of their families, friends, and well-wishers. The celebration reflected the Group’s continued commitment to nurturing strong family values and building a compassionate society through meaningful initiatives.

The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre.

The board of directors of GIA India Laboratory Pvt. Ltd. (GIA India) has appointed Amit Pratihari as managing director, responsible for all aspects of GIA India’s gemological laboratories in Mumbai and Surat, as well as the GIA India school in Mumbai. Reporting to the board of directors of GIA India, he assumed his responsibilities on October 1.

David Kellie, the CEO of the Natural Diamond Council (NDC), has officially announced his decision to step down at the end of 2025. The news was shared via LinkedIn, where Kellie revealed he had advised the Board of Directors of his departure. His exit comes on the heels of the landmark signing of the Luanda Accord, a pivotal initiative securing broader industry funding for the global promotion of natural diamonds.