Indian Jeweller (IJ) Feb - March Issue

Big Story - Decoding the Psyche of a Bride - The Ultimate Bridal Personality Guide | IIJS Signature Show Report | Budget 2020 - G & J Industry views Big Story - Decoding the Psyche of a Bride - The Ultimate Bridal Personality Guide | IIJS Signature Show Report | Budget 2020 - G & J Industry views

23.03.2020 Views

Editor’s note<br />

KEEp calm &<br />

stay positivE<br />

The gems and jewellery industry is facing an unprecedented turmoil. The<br />

markets, economic slowdown, lethal viruses and the volatile bullion prices are<br />

all taking a toll on the industry. Workers and artisans are suddenly<br />

finding themselves out of work, banks and financial institutions, despite their<br />

willingness are unable to extend credit owing to lack of effective policies to<br />

reform the situation.<br />

These are testing times for the industry and all its stakeholders. All the same,<br />

like every difficult situation, this one too holds the hope of a better future. When<br />

the dust settles, clarity will prevail. It’s time for the industry think tank to come<br />

together and devise some winning strategies. The cover story takes a look at<br />

different types of brides, their preferences and how storeowners and manufacturers<br />

can fulfill every bride’s dreams on her very special day. The latest trends in the<br />

industry bring in the shimmer of changing times. A quick glance at the shiny and<br />

fashionable pieces worn by top actresses at the Oscars and the high jewellery that<br />

made its mark at the Paris Couture week 2020 is worth a dekko.<br />

Meet the who’s who of the industry and learn some trade secrets used by<br />

them to attract customers despite the prevailing market conditions. Effective sales<br />

strategies, winning mantras shared by experienced store owners highlight the<br />

profit potential of the industry.<br />

There’s more, in terms of latest industry news, and a stock of the current<br />

scenario. All in all, this edition brings you a clear perspective of the gems<br />

and jewellery industry.<br />

editor<br />

Alok Kala<br />

Courtesy: Aisshpra Gems and Jewels<br />

28 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Vol.10 <strong>Issue</strong> 4<br />

february-march 2020<br />

Editor and Publisher: Alok Kala<br />

Associate Publisher: Arpit Kala<br />

Senior Editor: Vijetha Rangabashyam<br />

Business & Marketing: Gunjan Jain<br />

Features Editor : Sugandha R<br />

Graphic Designer: Dhananjay Kokate<br />

Columnists: Gunjan Suri, Aftab Bandukwala<br />

Subscription: India<br />

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Overseas: US$ 150<br />

The Face oF The indian jewellery indusTry<br />

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Email: info@indianjeweller.in<br />

jaipur@indianjeweller.in<br />

Website: www.indianjeweller.in<br />

Cover <strong>Jeweller</strong>y courtesy: <strong>Jeweller</strong>y - Kishandas & Co., Outfit- Jayanti Reddy, Photographer-<br />

Hormis Antony Tharakan, Make up- Manju, Model- Meenakshi Rathore, Stylist- Divyak D’Souza<br />

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E-mail : mumbai@indianjeweller.in<br />

The Big Story<br />

The Ultimate<br />

Bridal Personality Guide<br />

From celeb lovers, practical-minimalists to the quality-conscious who sees deep<br />

value in craftsmanship and someone who want’s to look completely traditional<br />

head to toe, here’s our dictionary on bridal personality types and the kind of<br />

jewellery they would ideally wear says Vijetha Rangabashyam<br />

60<br />

106<br />

Show Report<br />

All Business at I<strong>IJ</strong>S<br />

Signature 2020<br />

Though footfall was less,<br />

I<strong>IJ</strong>S Signature had promising<br />

buyers<br />

Decoding the Psyche of a Bride<br />

The<br />

UlTimaTe<br />

BRiDal<br />

PeRSonaliTy<br />

GUiDe<br />

Designscape<br />

A Born Artist<br />

With pieces that has a<br />

global audience, Vishal Anil<br />

Kothari is well on his way<br />

in becoming India’s top<br />

jewellery designer<br />

<strong>Indian</strong> <strong>Jeweller</strong>, a bi-monthly magazine is<br />

printed and published by Alok Kala, Proprietor,<br />

Gem & <strong>Jeweller</strong>y Information Centre, Journal<br />

House, A-95, Janta Colony, Jaipur-302004,<br />

Printed at Payorite Print Media Pvt. Ltd.,<br />

Jaipur-302006.<br />

Published from Gem & <strong>Jeweller</strong>y Information<br />

Centre, Journal House, A-95, Janta Colony,<br />

Jaipur-302004.<br />

Editor - Alok Kala<br />

Registered with the Registrar of Newspapers<br />

for India under No. RAJENG/2010/50179.<br />

© All rights reserved. No part of this publication may be<br />

reproduced, stored or transmitted in any form without<br />

prior consent.<br />

Special Report<br />

Budget 2020: Blah at Best<br />

Though the FM announced reforms<br />

for the agricultural sector and MSMEs,<br />

not much was done for the gems and<br />

122<br />

jewellery industry<br />

102


Special Features<br />

What Luxury <strong>Jeweller</strong>y<br />

Retailers Teach their<br />

Sales Staff? 82<br />

From training to grooming,<br />

retailers talk about what they<br />

advice their sales staff<br />

IN FOCUS<br />

Eternal & Elegant<br />

94<br />

A quintessential piece of <strong>Indian</strong> adornment, jhumkas will<br />

always remain a favourite<br />

A Splash of Colours<br />

96<br />

We love these pieces replete with kaleidoscopic colour-stones;<br />

something to remind us of Spring!<br />

Of Blooms & Blossoms<br />

99<br />

From roses to dahlia, here are our favourite pieces bearing<br />

floral motifs<br />

Simply Charming<br />

100<br />

A millennial icon, if your young client is anything like<br />

JanhviKapoor, here’s what you should stock up on<br />

The Lightweight<br />

Promise 87<br />

Top light-weight jewellery<br />

manufactures are<br />

constantly innovating<br />

using technology to create<br />

light-weight jewellery that<br />

looks big but weighs less<br />

Sparkling all the<br />

way! 70<br />

From classic diamond<br />

necklaces to hair brooches<br />

and elaborate cuffs,<br />

here are pieces from the<br />

Oscars we loved<br />

Columns<br />

<strong>Jeweller</strong>y Chronicles Part 3: Retail is Detail<br />

126<br />

In his third part of the series, Aftab Bandukwala focuses on the<br />

details of planning anddiscussion between the structural designer<br />

and his team<br />

The Art of Story Telling<br />

127<br />

Anil Prabhakar talks about the power of storytelling and making<br />

its magic work for brand building<br />

An Eclectic<br />

Display of the<br />

World’s Finest<br />

Jewels 76<br />

Breathtaking jewels<br />

with the choices of<br />

gemstones by world’s<br />

most renowned<br />

jewellery maisons<br />

The Face oF The indian jewellery indusTry<br />

For news,<br />

trends, market<br />

updates and<br />

more log into<br />

www.indianjeweller.in<br />

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@indianjeweller<br />

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The Face oF The indian jewellery indusTry<br />

I<strong>IJ</strong>S<br />

SPECIAL


Policy & Market UPdate<br />

World Gold council<br />

to come up with<br />

code of conduct for<br />

indian jewellery<br />

retailers<br />

The World Gold Council (WGC) is slated<br />

to come forth with a prescribed set of<br />

principles, or a code of conduct, called the<br />

Retail Gold Investment Principles, for the retail<br />

jewellery sector in India. The move is likely to<br />

bring in transparency in the sector, which has<br />

been facing severe perception issues, in the past.<br />

The global principles have already been put<br />

up on the Council’s website, inviting comments<br />

from all the stakeholders. The comments will<br />

be interpreted and implemented based on the<br />

requirements and<br />

challenges of the<br />

domestic gold<br />

industry.<br />

This will<br />

basically provide<br />

a platform for<br />

stakeholders, and those willing to be part of the<br />

initiative can conform to the code of conduct and<br />

bring in some standardisation and transparency<br />

in the industry.<br />

While the principles will be global, the standards<br />

will be locally tailored and put in place in<br />

consultation with all the stakeholders. The WGC<br />

is in the process of forming a steering committee<br />

and are likely announce names of members by<br />

April-May this year.<br />

As part of this initiative, the Council will conduct<br />

outreach programmes in various cities and get in<br />

touch with jewellers big and small.<br />

The Council will also put together a monitoring<br />

mechanism, which would be crucial to ensure the<br />

success of the platform. Once a company or a<br />

jeweller signs up on the platform, it has to ensure<br />

that nothing comes from the grey market and all<br />

efforts, including a strong supply chain, are put<br />

in place so that the customer feels safe. This will<br />

help the industry raise money through bank and<br />

institutional borrowing, because of the resulting<br />

transparency. <br />

Read Online<br />

SBI supports insurance cover for<br />

lending to jewellery industry<br />

SBI stated that the presence of an insurance cover<br />

will lower capital requirement of the industry for<br />

jewellery exports. “Absence of an insurance cover is<br />

hurting lending to the gems and jewellery industry by banks.<br />

If there is an insurance cover, it will help the bank to lend<br />

courageously to the sector,” SBI deputy managing director<br />

(clients group-I) P N Prasad told presspersons.<br />

Speaking at an event, organised in Mumbai, he said that<br />

the exposure of SBI to<br />

the jewellery industry is<br />

around Rs 20,000 crore,<br />

adding that the lending<br />

growth to the sector has<br />

been muted at present.<br />

The SBI official said the “trust of the bankers in the gems<br />

and jewellery industry is not there” because of its practices<br />

“which had caused misery to the banks in the past”. The<br />

gems and jewellery industry should be more transparent<br />

in terms of ownership, management and valuation, Prasad<br />

opined. Some kind of credit guarantee will give freedom to<br />

the gems and jewellery exporters in the MSME segment.<br />

Prasad also said that gold should be treated as a source of<br />

investment in the country. For that, there is a need to create<br />

awareness among the public. Read Online<br />

<strong>Jeweller</strong>s sent notices to pay<br />

taxes on revenues earned<br />

soon after demonetisation<br />

<strong>Jeweller</strong>s have received surprise tax notices asking them<br />

to turn over money they made from customers who<br />

scrambled to buy gold after Prime Minister Narendra<br />

Modi’s 2016 ban on high-currency notes, according to a<br />

dozen jewellers and tax officials.<br />

When PM Modi announced a<br />

sudden ban on Rs 500 and Rs 1,000<br />

on November 8, 2016, to weed out<br />

undeclared cash, clients thronged<br />

jewellery stores clamouring for<br />

necklaces, rings, bullion — anything<br />

gold.<br />

Tax authorities are within rights<br />

to demand tax on past revenue, which takes time to<br />

scrutinise, but it is highly unusual for officials to demand<br />

the entire revenue as tax. Two senior tax officials said<br />

the department has sent thousands of notices this year,<br />

including jewellers, demanding an estimated Rs 1.5-2 lakh<br />

crore in taxes. Read Online<br />

34 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Policy & Market UPdate<br />

Coronavirus impact: GJEPC<br />

postpones intl gem, jewellery<br />

show in Jaipur to July<br />

Gems and <strong>Jeweller</strong>y Export<br />

Promotion Council (GJEPC)<br />

has rescheduled its<br />

international gem and jewellery<br />

show in Jaipur from April to July on<br />

account of coronavirus outbreak.<br />

In a statement, the council has<br />

said due to concerns related to the<br />

global coronavirus outbreak, they<br />

have decided to postpone the dates<br />

to July 18-20, 2020. Further, the<br />

council said over 600 buyers from<br />

56 countries which includes Algeria,<br />

Argentina, Australia, Bangladesh,<br />

Belgium, Brazil, Canada, Denmark,<br />

and England, have registered so far.<br />

Over 230 exhibitors have confirmed<br />

their participation from all over India.<br />

The council also said that in<br />

view of the recent action taken by<br />

the Reserve Bank of India on Yes<br />

Bank, all exhibitors and visitors are<br />

advised not to deposit any cheques/<br />

NEFT/RTGS/IMP in that bank with<br />

immediate effects. “GJEPC may not<br />

be able to provide credit for cheque’s<br />

deposited in Yes Bank after <strong>March</strong><br />

5, 2020 in view of the restrictions<br />

imposed on transaction with Yes<br />

bank,” it added. <br />

SBI urges for uniformity in lending<br />

to gems and jewellery sector<br />

State Bank of India is pushing for<br />

bringing about uniformity in its<br />

lending practices to the gems<br />

and jewellery sector, where lending<br />

growth has been adversely affected<br />

following incidence of frauds. SBI has<br />

been working on a policy framework<br />

to standardise lending practices<br />

to the gems and jewellery sector<br />

and looked forward to extend it to<br />

other banks through <strong>Indian</strong> Banks’<br />

Association. Most banking experts<br />

have labelled this move to be highly<br />

risky, given the requirements of<br />

higher amounts of credit and inability<br />

to provide solemn securities in<br />

return for lending. In addition of prior<br />

defaulters from the industry who<br />

gave the community a bad name due<br />

to their ill-placed borrowings.<br />

Around 60-70 per cent of the<br />

gems and jewellery units have<br />

moved to corporate structure. SBI<br />

is persuading for a neutral, impartial<br />

valuation policy for diamonds, while<br />

it is also looking for the Export Credit<br />

Guarantee Corporation (ECGC) to<br />

finalise the new policy for insurance<br />

cover.<br />

ECGC policy for insurance cover,<br />

especially to the exporting MSMEs,<br />

is in the final stage of approval and<br />

a guarantee of 80 per cent coverage<br />

of the exposure for exporters should<br />

put the banks in a comfortable zone.<br />

Banks were also looking for a credit<br />

guarantee scheme for domestic<br />

players to be in a comfortable zone<br />

for lending, but lenders would be<br />

comfortable with both internal and<br />

external ratings. Read Online<br />

india’s gold<br />

imports suffer<br />

as prices hit<br />

record high<br />

According to a Government<br />

source, India’s gold imports<br />

plunged 41 per cent in<br />

<strong>Feb</strong>ruary from a year earlier as a<br />

rally in local prices to a record high<br />

squeezed retail demand.<br />

The world’s second-biggest<br />

consumer of gold imported 46<br />

tonnes in <strong>Feb</strong>ruary, compared<br />

with 77.64 tonnes a year earlier.<br />

In value terms, <strong>Feb</strong>ruary imports<br />

totalled $2.36 billion, down from<br />

$2.58 billion a year earlier.<br />

In the first half of <strong>Feb</strong>ruary<br />

demand was modest but it<br />

faltered as prices started rallying<br />

from mid-<strong>Feb</strong>ruary, said a<br />

Mumbai-based dealer with a<br />

bullion importing bank.<br />

Gold futures in India hit a record<br />

high of Rs 43,788 per 10 grams<br />

in <strong>Feb</strong>ruary after rising nearly a<br />

quarter in 2019.<br />

The weak demand forced<br />

dealers to offer as much as $14<br />

an ounce discount over official<br />

domestic prices in <strong>Feb</strong>ruary, the<br />

most since mid-October. The<br />

domestic price includes a 12.5 per<br />

cent import tax and three per cent<br />

sales tax. Read Online<br />

36 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


AssociAtion & trAde bodies<br />

G&J industry<br />

requests government<br />

to roll back import<br />

duty on rough<br />

coloured gemstones<br />

Government proposed import duty on<br />

rough coloured gemstones from nil to<br />

0.5 percent. The move will impact the<br />

four lakh workers in Rajasthan, the hub of<br />

processing and cutting of coloured gem stones.<br />

The industry is in a state of surprise , as<br />

government has proposed to levy import duty<br />

on rough coloured gemstones, rough semiprecious<br />

stones and pre-forms of precious<br />

and semi-precious stones from Nil to 0.5<br />

percent. These rough gem stones primarily are<br />

imported for cutting and polishing work and<br />

are exported internationally. There is a very<br />

miniscule domestic consumption of coloured<br />

gem stones and India competes in exports in<br />

this segment with China and Thailand.<br />

Chairman, Pramod Kumar Agrawal, said,<br />

“This rise in import duty of rough coloured<br />

gemstones has the potential to disrupt<br />

the exports of gemstones from Rajasthan,<br />

the hub of coloured gemstones processing<br />

which employs around four lakh workers.<br />

We earnestly request the government to<br />

roll back the proposed import duty on these<br />

rough coloured gemstones in the interest of<br />

gemstone exports from India.” Read Online<br />

GJEPC launches luxury<br />

section in partnership with<br />

Times Internet - association<br />

Times Internet, India’s leading digital products company, has<br />

partnered with Gems & <strong>Jeweller</strong>y Export Promotion Council<br />

(GJEPC) to power a premier luxury section on its platform.<br />

Managed and driven by<br />

the Times of India Fashion<br />

editorial team, this new<br />

vertical will feature exclusive<br />

coverage from the world of<br />

fashion and lifestyle.<br />

Commenting on the launch,<br />

Puneet Gupt, COO – Times Internet said, “We are excited to partner<br />

with Gems and <strong>Jeweller</strong>y Export Promotion Council to bring the best<br />

of global fashion and jewellery content to <strong>Indian</strong> readers”. As a part<br />

of the launch, TOI Fashion team has worked with industry leaders<br />

to deliver the most premium lifestyle content in the country.” <br />

Rupa Dutta of MoC&I graces<br />

Common Facility Centre at<br />

Bow Bazar<br />

GJEPC is setting up a Common Facility Center at Bow Bazar<br />

with a view to enhance the productivity and quality of<br />

products, especially the small gems and <strong>Jeweller</strong>y units set<br />

in Bow Bazar and its surrounding areas.<br />

GJEPC with the support of the Ministry of Commerce and Industry<br />

has already set up Common Facility Centers in Amreli, Palanpur,<br />

Visnagar and Junagadh in Gujarat. CFC at Bow Bazar is being set up<br />

by GJEPC in association with Swarna Shilpa Bachao Samiti (SSBC)<br />

at Bow Bazar, Kolkata.<br />

Kolkata is the national jewellery hub, known for making quality<br />

and high-class designs in handmade jewellery and the CFC will<br />

provide them with an opportunity to produce jewellery keeping<br />

their process losses minimised. Read Online<br />

Read Online<br />

38 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Retail & ecommeRce<br />

atul Saraf of<br />

aisshpra Gems &<br />

Jewels receives<br />

Purvanchal icon<br />

award from<br />

Govinda<br />

Uttar Pradesh’s leading<br />

jewellery chain Aisshpra<br />

Gems & Jewels, Director Atul<br />

Saraf receives Icon of the Year Award<br />

at Purvanchal Icon Awards by actor<br />

Govinda during the Purvanchal Icon<br />

Awards event held in Gorakhpur.<br />

Aisshpra Gems & Jewels has<br />

emerged as one of the credible and<br />

renowned jewellery houses of Uttar<br />

Pradesh under the leadership of<br />

Atul Saraf.<br />

In last few years the brand<br />

has been accredited with several<br />

credible awards and recognitions<br />

for its efforts and achievements in<br />

the market. This award adds as yet<br />

another feather to the brands hat.<br />

In 2020, the brand plans to further<br />

expand its footprints in various<br />

parts of UP.<br />

“As a brand we are constantly<br />

taking efforts to understand our<br />

consumers need and evolving. We<br />

are glad that our market recognises<br />

the same and this award is a<br />

momento of the same,” said Atul<br />

Saraf, Director, Aisshpra Gems &<br />

Jewels. <br />

Read Online<br />

(L-R) Pramod Dugar, Prayas Dugar, Filmstar Mouni Roy, Pratik Dugar and Sachin Jain<br />

Forevermark and <strong>Indian</strong> Gem &<br />

<strong>Jeweller</strong>y Creation launch second<br />

exclusive Boutique in Kolkata<br />

Forevermark, the diamond brand<br />

from the De Beers Group,<br />

launched an exclusive boutique<br />

with <strong>Indian</strong> Gems and <strong>Jeweller</strong>y<br />

Creation, a leading jewellery brand in<br />

Kolkata. This is the second Forevermark<br />

Boutique in the city, which exclusively<br />

retails its diamonds in a wide variety<br />

of elegant cuts, designer jewellery and<br />

loose diamonds.<br />

These diamonds are the world’s<br />

(L-R) Amit Bandi, Sachin Jain, Actress Neha Sharma, and Vikas Kataria<br />

most carefully selected natural<br />

diamonds, while <strong>Indian</strong> Gems and<br />

<strong>Jeweller</strong>y Creation is known for offering<br />

innovative jewellery to its customers.<br />

The solidarity of these two brands has<br />

brought about an ideal collaboration<br />

to offer hallmark diamond jewellery<br />

with the assurance of having the<br />

most beautiful, rare and responsibly<br />

sourced diamonds at the Forevermark<br />

Boutique.<br />

DP <strong>Jeweller</strong>s launches Forevermark<br />

at their store in Indore<br />

The synergies of Forevermark and<br />

DP <strong>Jeweller</strong>s has brought about<br />

an ideal association to offer<br />

elegant diamond jewellery pieces to<br />

eclectic clients.<br />

Speaking on the occasion, Sachin<br />

Jain, President, Forevermark India said,<br />

Read Online<br />

“With a legacy of almost 80 years, DP<br />

<strong>Jeweller</strong>s are one of the finest jewellers<br />

in Indore. Their elegant designs and<br />

craftsmanship enhance the beauty of<br />

a Forevermark diamond, and we look<br />

forward to a lasting relationship with<br />

them.” Read Online<br />

40 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Retail & ecommeRce<br />

Ansaa <strong>Jeweller</strong>s re-opens<br />

store - ‘Pallavi,’ era of a<br />

new beginning<br />

Ansaa <strong>Jeweller</strong>s Pvt. Ltd.’s store named ‘Pallavi,’ has<br />

been re-opened on <strong>March</strong> 14 at Kalbadevi, Mumbai.<br />

Present for the inaugural ceremony were owners:<br />

Kantilal Shah and Rekha Shah along with dignitaries like:<br />

Thawarchand Gehlot, Cabinet Minister (Rajya Sabha),<br />

Minister for Social Justice and Empowerment; Kishori<br />

Pednekar, Mayor of Mumbai, Mangal Prabhat Lodha, MLA,<br />

President of BJP, Mumbai and noted businessman. <br />

tiffany & co makes<br />

desi debut in Delhi<br />

The iconic jewellery brand has finally<br />

arrived on the <strong>Indian</strong> soil as they<br />

flung their doors open for business in<br />

the Capital after a soft launch on the eve of<br />

Republic Day.<br />

The global jewellery giant enters India<br />

through a joint venture with the retail arm<br />

of Mukesh Ambani’s Reliance Industries<br />

making Delhi’s Chanakya Mall - the new<br />

‘it’ destination for jewellery lovers now.<br />

Although the iconic Blue Box Cafe is yet to<br />

open (not announced), one can still bask<br />

in the glory of the timeless classic Audrey<br />

Hepburn’s film Breakfast At Tiffany’s, well<br />

almost!<br />

From gemstones to diamonds, the 2,600<br />

sq ft store in Delhi showcases the full<br />

range of Tiffany including Tiffany T, Tiffany<br />

HardWear, Tiffany True and their Home &<br />

Accessories collection. Not just that, to<br />

make your experience top-notch, they also<br />

have a luxurious private salon for scheduled<br />

appointments.<br />

“From their new designs as well its classic<br />

collections, the new store celebrates the<br />

craftsmanship and exceptional quality that<br />

characterise the brand’s extraordinary<br />

pieces,” a statement issued by Reliance<br />

said.<br />

The 183-year-old company is reportedly<br />

opening its second store in Mumbai later<br />

this year. <br />

Read Online<br />

42 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Retail & ecommeRce<br />

aisshpra Gems &<br />

Jewels launches 8th<br />

outlet in Ballia<br />

Uttar Pradesh’s leading <strong>Jeweller</strong>y house<br />

Aisshpra Gems & Jewels launches their<br />

8th store in Ballia, Bihar in esteemed<br />

presence of Balkrishna Saraf, founder and<br />

the senior most member of Aisshpra Family<br />

Vaibhav Saraf, Anoop Saraf along with Rahul<br />

Saraf. The launch also saw presence of Actress<br />

Pakhi Hegde.<br />

The store saw an overwhelming response<br />

with footfall of more than 500 people once the<br />

gates opened. 80-year-old Aisshpra Gems and<br />

Jewels has been creating a strong and steady<br />

footprint in Uttar Pradesh since last five years<br />

via company owned, company operated and<br />

franchise owned, franchise operated model.<br />

The brand aims at bringing standardised<br />

and ethical jewellery buying experience for<br />

consumers in tier II and tier III cities of Uttar<br />

Pradesh with its store presence so that the<br />

consumers don’t have to travel to the brand’s<br />

Gorakhpur outlet. The brand was recently seen<br />

launching an outlet in Azamgarh with the same<br />

vision.<br />

“Aisshpra Gems and Jewels has been known<br />

for pioneering trends in the market and we have<br />

been the first jewellers to bring hallmarking and<br />

certified diamonds in our market,” said Vaibhav<br />

Saraf, director, Aisshpra Gems & Jewels. <br />

AMYRA Jewels by<br />

ODHNI launches its<br />

flagship store<br />

Amyra an in-house brand of ODHNI has launched its<br />

luxury jewellery store in Delhi. Situated at Vikas Marg,<br />

New Delhi this splendid store spanning over 3000<br />

square feet, offers a variety of exquisite jewellery fused<br />

with great store design.<br />

The brand celebrates its expansion as an opportunity to<br />

address the growing needs of its large wedding customer<br />

base in Delhi and NCR with innovative designs and<br />

uncompromising quality, which are the marquees of ODHNI.<br />

From chandbalis, danglers, studs, jhumkis, kadas, chokers,<br />

and multi-layered necklaces in diamond, sapphires, gold,<br />

and kundan, a customer has endless choices to meet her<br />

yearning for astonishing jewellery pieces.<br />

At the launch ceremony, Puneet and Yatin Jain, Directors<br />

of Amyra by ODHNI said, “With the success of ODHNI, we<br />

are very proud to launch our new venture in the jewellery<br />

segment. This will now be headed by our younger brothers<br />

Nishant Jain and Manik Jain as official managing directors of<br />

Amyra Jewels.” Read Online<br />

Read Online<br />

44 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Retail & ecommeRce<br />

Vummidi Bangaru<br />

jewellers celebrates<br />

two consecutive<br />

achievements<br />

South India’s leading jewellery brand,<br />

Vummidi Bangaru <strong>Jeweller</strong>s, a 120-year-old<br />

legacy brand, has bagged two awards at the<br />

9th edition of the prestigious ‘National <strong>Jeweller</strong>y<br />

Awards 2019’ for their excellent craftsmanship.<br />

As winners of the National <strong>Jeweller</strong>y Awards (NJA)<br />

2019, they were felicitated at a Grand Event in<br />

Mumbai on the <strong>Feb</strong>ruary 15.<br />

At the National <strong>Jeweller</strong>y Awards - 2019,<br />

Dibyendu Manna and Swetha Shanmuhavel<br />

represented VBJ and bagged the Artisan Award<br />

and Student of the Year Award, respectively.<br />

The collection that won in the Artisan category,<br />

‘Dance of Flowers’, is a unique piece of jewellery<br />

where at the front of the pendant, seven beautiful<br />

flowers are placed in seamless rotation around<br />

a royal blue enameled base. At the back is fine<br />

enamel work inspired from the intricacies of the<br />

jaali work. The materials used are 18k Yellow Gold<br />

and Diamonds.<br />

The jury consisted of Bollywood’s celebrated<br />

jewellers, jewellery designers, socialists, fashion<br />

designers and B-Town’s celebrities.<br />

Speaking on the occasion, Jithendra Vummidi,<br />

managing partner of Vummidi Bangaru <strong>Jeweller</strong>s<br />

said, “We are very happy to have participated<br />

and won two prestigious awards at the National<br />

<strong>Jeweller</strong>y Awards 2019.” Read Online<br />

Reliance Jewels unveils the<br />

launch of its New Showroom in<br />

Kolkata, West Bengal<br />

Reliance Jewels, one of India’s most trusted jewellery<br />

brands, has launched its 2nd showroom in Kolkata at<br />

VIP road. With the launch of its brand new showroom<br />

in Kolkata it is set to win hearts of patrons with its renowned<br />

customer service. The new showroom displays a wide<br />

range of exclusive<br />

traditional and<br />

contemporary<br />

gold, diamond and<br />

Solitaire jewellery.<br />

The gold<br />

collection includes<br />

various jewellery<br />

styles like Calcutti,<br />

Polki, Jadau,<br />

Antique, Meenakari etc. to sparkle your look with grace for all<br />

occasions. It promises beautiful and elegant jewellery along<br />

with customer satisfaction and exquisite craftsmanship. To<br />

celebrate the launch of its new showroom, Reliance Jewels<br />

had introduced attractive and exclusive inaugural offers. <br />

Read Online<br />

CaratLane - A Tanishq<br />

Partnership: Opens its doors<br />

to Vashi<br />

CaratLane - A Tanishq Partnership, India’s leading omni<br />

channel jeweller has launched its 8th store in Mumbai,<br />

in the fast-moving suburban area of Vashi. CaratLane’s<br />

retail expansion has been accelerated throughout the year,<br />

and with the launch of this store, the brand now has 18<br />

stores in the<br />

western region of<br />

the country, and<br />

82 stores across<br />

India.<br />

Vashi has many<br />

loyal customers<br />

who have always<br />

considered<br />

CaratLane as their<br />

go-to jewellery brand and love the designs. The addition of a<br />

store to the city is an added bonus for those who also love to<br />

browse and try-on jewellery before they buy. The new store<br />

is perfectly situated at Inorbit Mall, which is one of the most<br />

prominent shopping hubs of the city. With people hailing from<br />

all over Vashi to shop in the mall, there could be no better<br />

location for this new outlet. Read Online<br />

46 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


RetAIl & ecommeRce<br />

Malabar Gold to increase<br />

outlets in India and abroad<br />

In the coming three months the company plans to open 13<br />

new showrooms across the country. It will also open outlets in<br />

Malaysia, Bangladesh, Singapore, the UAE, Saudi Arabia, Oman<br />

and Qatar.<br />

According to Malabar Group Chairman MP Ahammed, they aim<br />

to become the world’s largest gold retail chain. At present the South<br />

India-centric group owns and operates more than 260 showrooms<br />

across 10 countries. This number is slated increase to 750 in the<br />

next five years.<br />

The new showrooms will be located in Chandigarh, Kumbakonam,<br />

Patna, Kammam, Lucknow, Ghaziabad, Kammanahalli, Indore,<br />

Vashi, Thane, Dwaraka and Srikakulam.<br />

The company is also expanding the number of ornament making<br />

units. At present it has units in Kolkata, Hyderabad, Mumbai,<br />

Bengaluru and Coimbatore. Read Online<br />

PNG <strong>Jeweller</strong>s<br />

honoured at<br />

Dadasaheb Phalke<br />

International Film<br />

Festival Awards 2020<br />

PNG <strong>Jeweller</strong>s, the 187 years legacy<br />

jewellery brand was awarded a token<br />

of appreciation at Dadasaheb Phalke<br />

International Film Festival Awards 2020<br />

for “Excellence in <strong>Jeweller</strong>y- Retail”. The<br />

prestigious appreciation letter was received by<br />

Dr. Saurabh Gadgil in Mumbai.<br />

PNG <strong>Jeweller</strong>s have worked hand in hand<br />

with the <strong>Indian</strong> film Industry, both in Hindi and<br />

Marathi for over the last two decades.<br />

On the occasion Dr. Saurabh Gadgil,<br />

managing director, PNG <strong>Jeweller</strong>s said, “We are<br />

extremely delighted and honoured to receive<br />

the Excellence in <strong>Jeweller</strong>y – Retail appreciation<br />

at Dadasaheb Phalke International Film<br />

Festival Awards 2020.” <br />

Read Online<br />

48 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Branding & advertisement<br />

CaratLane - a tanishq<br />

partnership along<br />

with mohan sisters<br />

celebrates sisterly<br />

bonding<br />

With cute and unique delicately crafted motifs<br />

inspired by every dreamer’s passion, this<br />

collection is designed to encourage every<br />

woman to believe in herself and in the collective<br />

strength of her sisters-in-arms.<br />

Talking about the association, Neeti Mohan shared,<br />

“CaratLane is focused on making every day beautiful<br />

and special with their designs for the modern <strong>Indian</strong><br />

woman. Keeping that in mind, we added a unique<br />

touch to these signature pieces, which will ensure<br />

that the CaratLane customers identify with the<br />

designs and find a bit of themselves in each one of<br />

them.”<br />

Speaking about the designs, Shakti Mohan said,<br />

“These designs come from a very personal place for<br />

all three of us. We sisters are very close and have been<br />

with each other through thick and thin. This is the<br />

sisterhood that we wish for every woman out there,<br />

who is striving to make a mark. We have designed<br />

over 50 motifs, each beautifully crafted in 14kt gold,<br />

to choose from. From the casual to the exquisite, this<br />

collection has something for every occasion.”<br />

Sharing her thoughts about the campaign, Mukti<br />

Mohan opined, “It’s a great feeling when someone<br />

believes in your potential and your dreams, and<br />

I’ve found that ‘someone’ in my sisters.” CaratLane<br />

encourages all women to believe in each other’s<br />

dreams and aspirations, thus becoming a support<br />

system for each other.<br />

Read Online<br />

DPA’s ‘The Real Cut’ Season 3<br />

epitomises slow fashion through<br />

natural diamond jewellery<br />

Six winning emerging natural diamond<br />

jewellery designers showcased their novel<br />

work in collaboration with renowned fashion<br />

designers Ragini Ahuja, Shriya Som and Ridhi Mehra,<br />

communicating the message of slow fashion to the<br />

consumers. The winners - Kinnari Shah for Reliance<br />

Jewels, Riddhi Shah for B R Designs, Ashraf & Team for<br />

A S Motiwala, Sourav Hanra for VBJ, Deepa Agarwal<br />

for Sona Chandis and Subhajit Bag for Senco Gold &<br />

Diamonds drew inspiration from nature, geometric<br />

designs and life experiences to create their unique<br />

designs.<br />

The theme for The Real Cut Season 3 was ‘Slow<br />

Fashion’, which focused on spreading the message of<br />

conscious luxury. Billion-year-old natural diamonds<br />

embody slow fashion because of their versatility,<br />

eternal sparkle, ability to transcend everything from<br />

traditional to contemporary wear and unmatched<br />

relevance over ages. DPA through the Real Cut<br />

reiterated that natural diamonds play a vital role<br />

in enhancing the beauty of couture through their<br />

timelessness and brilliance. Read Online<br />

54 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Branding & advertisement<br />

Forevermark Sparkles at<br />

New York Fashion Show in<br />

Association with Narayan<br />

<strong>Jeweller</strong>s<br />

Forevermark, the diamond brand from De Beers<br />

Group has again collaborated with celebrated<br />

fashion designer Bibhu Mohapatra, on his Fall/<br />

Winter 2020 collection during New York Fashion<br />

Week. The exquisite new designs by Narayan <strong>Jeweller</strong>s<br />

from their Empress Collection have been superbly<br />

crafted with beautiful, rare and responsibly sourced<br />

Forevermark diamonds.<br />

Complementing the exquisite artistry of Bibhu’s<br />

fashion designs, The Empress Collection expertly<br />

designed by Forevermark <strong>Jeweller</strong>, Narayan <strong>Jeweller</strong>s<br />

by Ketan and Jatin Chokshi reflects the rich tapestry of<br />

Bibhu Mohapatra’s fall/winter 2020 collection.<br />

The selection of statement jewellery crafted with<br />

beautiful, rare and responsibly sourced Forevermark<br />

diamonds, set in 18K white and rose gold, comprises 7<br />

capsule collections featuring ear climbers, ear jackets,<br />

chandelier earrings, asymmetrical earrings, stackable<br />

rings and cocktail handcuffs.<br />

Celebrating their 80th Anniversary, Narayan<br />

<strong>Jeweller</strong>s by Ketan and Jatin Chokshi is one of India’s<br />

leading jewellers known for its high standards of<br />

precision and quality in hand crafting striking, elegant<br />

diamond jewellery. Read Online<br />

anmOL collaborates<br />

with blogger masoom<br />

minawala<br />

Recently, luxury blogger Masoom Minawala<br />

and her Dadima were seen sharing some<br />

timeless moments where they both looked<br />

‘Inherently Luxe’ in ANMOL’s exquisite creations.<br />

The brand has been known for their timeless<br />

designs and the fact that it appeals to ‘Anmol<br />

Women’ of all generations.<br />

The pieces were handpicked by Masoom<br />

as she believed that no gemstones represent<br />

regality as Emeralds. Masoom was also seen in<br />

a contemporary look adorning a stunning blue<br />

sapphire and diamond choker from the ‘Meraki’<br />

collection by ANMOL.<br />

‘We at ANMOL are constantly trying to create<br />

interesting campaigns that appeal to our ‘Anmol<br />

Women’. The association has been well received by<br />

our audience and we look forward to yet another<br />

year with more and more interesting campaigns,’’<br />

said Ishu Datwani, Founder, Anmol. <br />

Read Online<br />

56 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Etc<br />

Divine Solitaires<br />

celebrates with<br />

dazzling solitaire<br />

offer at Alankar<br />

<strong>Jeweller</strong>s, Patna<br />

Divine Solitaires launched its sparkling B1G2<br />

solitaire jewellery exhibition at Alankar<br />

<strong>Jeweller</strong>s to celebrate the 10 th anniversary<br />

of their association. Elli AvrRam graced the event<br />

with her presence and addressed the guests about<br />

her experience with diamonds.<br />

A press conference was held at the Alankar<br />

<strong>Jeweller</strong>s’ flagship store in Patna and was<br />

addressed by Jignesh Mehta, Founder & Managing<br />

Director, Divine Solitaires, Manish Gupta, Director,<br />

Alankar <strong>Jeweller</strong>s and Mohinish Gupta, Director,<br />

Alankar <strong>Jeweller</strong>s.<br />

Jignesh Mehta said to press, “Our association<br />

with Alankar <strong>Jeweller</strong>s has always been very<br />

fulfilling. In the 10 years that we have worked<br />

together, we trust their expertise and are glad to<br />

be with them. Patna is a place where we can see<br />

plenty of consumers who are eager to try solitaire<br />

jewellery. We truly hope they enjoy this solitaire<br />

jewellery exhibition.”<br />

Manish Gupta, Director, Alankar <strong>Jeweller</strong>s<br />

added, “Along with great quality, we also stand<br />

by the trust that our consumers place in us. For<br />

a brand like ours that has been here for the last<br />

sixty years, our consumers’ preference is always<br />

our priority. We have seen that Divine Solitaires<br />

has best quality solitaire jewellery with complete<br />

transparency in pricing.” <br />

Read Online<br />

(L-R) Mohnish Gupta, Jignesh Mehta, Elli AvrRam, & Manish Gupta<br />

Divine Solitaires felicitated<br />

for its breakthroughs at<br />

National <strong>Jeweller</strong>y Awards<br />

Divine Solitaires, India’s first solitaire jewellery<br />

brand was recognised at the prestigious<br />

National <strong>Jeweller</strong>y Awards (NJA) for achieving<br />

complete transparency in the diamond industry.<br />

Divine Solitaires was felicitated for being the<br />

first-ever solitaire brand in India to offer complete<br />

transparency in quality and pricing along with a unique<br />

digital solitaire experience to diamond consumers.<br />

Since its establishment in 2006, the brand has<br />

introduced some pathbreaking innovations such as<br />

a 123-parameter quality guarantee, a Nationwide<br />

Standard & Transparent Price List, the Divine Solitaires<br />

mobile application and a Solitaire Price Index. The brand<br />

has an outreach in more than 160 stores across 82<br />

cities in India, and has also reached out to consumers<br />

in the United Kingdom, Australia and New Zealand and<br />

Nepal.<br />

The National <strong>Jeweller</strong>y Awards is considered as one<br />

of the most prestigious jewellery award in the gems<br />

and jewellery industry. The All India Gems and <strong>Jeweller</strong>y<br />

Domestic Council (GJC) accords recognition and award<br />

through the NJA platform annually to stimulate talent,<br />

honour innovation and creativity of the jewellers and<br />

designers to boost the industry.<br />

On winning the award Jignesh Mehta, Founder and<br />

Managing Director Divine Solitaires said “At Divine<br />

Solitaires, we constantly strive to meet our customers’<br />

requirements and make their experience of solitaire<br />

shopping, hassle-free. We thank the GJC for selecting<br />

us for this award and recognising our efforts in the<br />

gems and jewellery industry. This award will further<br />

motivate us to work harder in creating world-class<br />

solitaire jewellery and offer unique services which will<br />

benefit the customers and the industry as a whole.” <br />

58 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Etc<br />

Nirupa Bhatt<br />

Managing Director<br />

GIA India Steps Down<br />

After 12 years of serving as the Managing Director of GIA India<br />

& Middle East, Nirupa Bhatt will be stepping down from her<br />

position. With her experience and knowledge that she has<br />

garnered over three decades, she was responsible for growing GIA<br />

India as one of the leading grading laboratories in India. A globally<br />

renowned gemological institute, GIA enjoys a distinct reputation<br />

in the industry in India today, thanks to her leadership. Bhatt<br />

will continue to be on a consultant advisor for GIA following her<br />

resignation.<br />

“I intend to transition from my current operational role as managing<br />

director of GIA India to<br />

a consulting advisory<br />

position focusing on<br />

GIA’s Diamond Origin<br />

Report service. This<br />

decision offers a smooth<br />

succession plan for GIA<br />

India, with me available to<br />

personally guide a quality<br />

transition for customers<br />

and the trade,” said Bhatt.<br />

Nirupa Bhatt is widely<br />

recognised for her<br />

valuable contribution<br />

to the <strong>Indian</strong> gems and<br />

jewellery industry. She<br />

has been an authority<br />

figure in the global<br />

diamond value chain.<br />

Before joining GIA in<br />

2008, she was with the<br />

mining conglomerate<br />

“Rio Tinto” (owner of<br />

Argyle Diamond Mine<br />

in Australia & Diavik<br />

Diamond Mine in Canada)<br />

for 20 years. At Rio Tinto, she used to manage technical assistance<br />

programmes to improve the yield and make of diamonds, and<br />

headed the Indo Argyle Diamond Council to promote diamond<br />

jewellery made in India.<br />

Sriram Natarajan, currently vice president of laboratory operations<br />

since joining GIA India in August 2017, will become managing<br />

director of GIA India, reporting to GIA India’s board of directors.<br />

Before his current role, Natarajan held operational and leadership<br />

roles in a variety of international industries. Read Online<br />

cricket shook<br />

hands with youth<br />

from jewellery<br />

business<br />

Cricket in India forms an<br />

integral part of every forum.<br />

It attracts youngsters from<br />

various segments of the society<br />

and trade. <strong>Jeweller</strong>s Youth Premier<br />

League is an annual event by<br />

<strong>Jeweller</strong>s Youth Forum (JYF). Its<br />

Season 4 kicked off with a launch<br />

party.<br />

This star-studded event<br />

witnessed participation of the<br />

entire gems and jewellery industry<br />

and was held at Epitome in Lower<br />

Parel. Teams were formed of cricket<br />

players from amongst different<br />

jewellery manufacturers and were<br />

bought by cricket enthusiasts.<br />

This event drew support from PCI,<br />

Unique Chains, Swarovski, RSBL<br />

and GupShup. <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 59


The Big STory<br />

60 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Decoding the Psyche of a Bride<br />

The<br />

UlTimaTe<br />

Bridal<br />

PersonaliTy<br />

GUide<br />

From celeb lovers, practical-minimalists to<br />

the quality-conscious who sees deep value in<br />

craftsmanship and someone who wants to look<br />

completely traditional head to toe, here’s our<br />

dictionary on bridal personality types and the<br />

kind of jewellery they would ideally wear says<br />

Vijetha Rangabashyam<br />

Not every bride is the same. There is<br />

someone who is a trendsetter. There<br />

is someone who is a trend-follower.<br />

There is the minimalist bride. There is<br />

the bride who wants to go all out. Some<br />

brides want to take their time in making a<br />

purchase while some buy on the spot if they<br />

like something. And then there is the entire<br />

bridal party – the mothers, the mothers-inlaw,<br />

the sisters and the distant aunts – who<br />

all weigh in too. So, what is supposed to be a<br />

pleasurable experience, at times can be very<br />

harrowing. It is the jewellers’s prerogative<br />

then, to understand the bride and how she<br />

thinks before presenting her his offerings.<br />

We are not saying that these are the only<br />

kind of brides you’ll ever meet, but we are<br />

saying that it is highly likely that any bride<br />

who walks into your store, may fall under<br />

one of these categories.<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 61


The Big STory<br />

Over the years, a bride’s<br />

taste has evolved in a<br />

way that she doesn’t<br />

want huge chunky<br />

pieces of jewellery,<br />

which can be worn<br />

only once or twice and<br />

then kept in the locker<br />

for the rest of her life.<br />

We recommend big<br />

pieces, which have<br />

versatility, and can be<br />

worn in different ways.<br />

Brides don’t want to<br />

come back later saying<br />

they’re bored of their<br />

jewellery. They want<br />

jewellery that is simple<br />

and everlasting. Light<br />

greens and pastels are<br />

still trending and pearls<br />

and emeralds never go<br />

out of fashion<br />

Snehal Choksey,<br />

Shobha Shringar<br />

listen<br />

Type<br />

01<br />

The Individualist<br />

This bride has a mind of her own. Sure,<br />

she listens to her near and dear ones, but<br />

when it comes to signing off on a piece,<br />

it is her opinion that matters. The Anushka<br />

Sharmas and the Deepika Padukones of the<br />

world don’t influence her – she wants to make<br />

a statement of her own. “These brides have<br />

done their homework. They’ve gone through<br />

Instagram and Pinterest before coming to us.<br />

So, they exactly know what they want,” says<br />

Ishu Datwani of Anmol <strong>Jeweller</strong>s. Unlike<br />

earlier, an independent bride is also involved<br />

in every aspect of the wedding. “Over the<br />

years, the jewellery needs of a bride have<br />

changed quite a lot. This is due in part to the<br />

couple’s increased involvement in all aspects<br />

of the wedding itself. Unlike earlier where the<br />

family decided the clothes and jewellery of<br />

the bride, today’s brides want to be involved at<br />

every stage from the curation of their outfits<br />

and jewellery to the selection of venues and<br />

caterers,” opines Biren Vaidya of Rose.<br />

This bride, who has her own thought<br />

process, is also someone with a strong sense<br />

of personal style. She could’ve done her<br />

background and research, but ultimately tends<br />

Akoya Jewels<br />

RK <strong>Jeweller</strong>s South<br />

Extension 2<br />

to wear what looks good on her. “These<br />

brides want to wear jewellery as per their<br />

personal taste. For me personally, if I show a<br />

piece that Anushka wore for her wedding to<br />

a client, she will not be sitting with me the<br />

next time. They want to make their own<br />

statement. It’s their ego that comes into play.<br />

They don’t want the replicated look. When a<br />

celebrity wears something, it is all over social<br />

media and everybody starts wearing the same<br />

piece,” says Devashish Kamdar of Occasions<br />

Fine <strong>Jeweller</strong>y.<br />

What she could wear: A lot of offbeat gemstones like corals. She loves<br />

colour! Everybody loves a beautiful piece of jadau jewellery, but with this bride,<br />

there’s no such thing as showing too many options. Give her all you’ve got!<br />

62 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


P.C. Totuka & Sons<br />

Tanya Rastogi<br />

Type<br />

02<br />

The Traditionalist<br />

She is someone who could be relatively<br />

younger – falls in the 22-25 age bracket.<br />

This bride is likely to be swayed by her<br />

mother’s choice. She could be someone who<br />

sticks to the rulebook, a conformist. They also<br />

tend to go for classic styles – gold jewellery<br />

for the mehndi and diamonds for the more<br />

important functions like wedding or reception.<br />

“A bride who wants to look traditional might<br />

go in for jadau either for the mehndi or the<br />

wedding. If she is going to wear diamonds for<br />

the wedding, then it is highly likely that she<br />

would wear jadau for the mehndi,” says Anil<br />

Sankhwal of JH <strong>Jeweller</strong>s. A bride who wants<br />

to look completely traditional is also someone<br />

who wants to keep everybody happy. “The<br />

mother and mother-in-law may want her to<br />

wear something that is elaborate, to showcase<br />

everything they have, especially during the<br />

weddings. She might do so for the wedding,<br />

but might choose to go for simpler pieces<br />

during other occasions,” says Meha Bhargava,<br />

Style Inc., of Style Inc., an image consulting<br />

company that deals with wedding styling as<br />

well as personal shopping.<br />

These brides also like to go in for an<br />

over the top look. “They want heavy pieces<br />

and they want to wear everything possible.<br />

Maang tika, haath phool, nath - the works,”<br />

says Puja Shah of Aurus. <strong>Indian</strong> weddings<br />

are also becoming bigger and grander these<br />

days, and the number of events in a wedding<br />

allows the bride to showcase as many looks as<br />

possible. “For sangeet, she could wear fusion<br />

jewellery and for wedding, she could go in<br />

for an elaborate piece that is very traditional<br />

looking. For reception, it is always diamonds<br />

with coloured gemstones. A pure white look<br />

(white diamonds) is something these brides<br />

have been embracing for a very long time,”<br />

says Sanjay Gupta of Tibarumals <strong>Jeweller</strong>s.<br />

What she could wear: Classic pieces with a lot of diamonds. She loves<br />

elaborate, timeless pieces like jadau with meenakari.<br />

Traditionally mehendis<br />

and small pre-wedding<br />

functions used to<br />

be occasions for<br />

traditional gold jewellery,<br />

however, today’s<br />

brides prefer bright and<br />

colourful clothes as<br />

well as jewellery. We<br />

recommend sets that<br />

use brighter gemstones<br />

that will go well with<br />

pastel outfits - like pink<br />

sapphires, Siberian<br />

emeralds and corals.At<br />

the sangeet or cocktail,<br />

brides usually wear<br />

Indo-western gowns<br />

and thus prefer diamond<br />

jewellery with precious<br />

gemstones like emeralds<br />

or rubies depending on<br />

the colour of her gown.<br />

Finally for weddings,<br />

brides definitely go with<br />

a jadau set that would go<br />

perfectly with a sari or a<br />

lehenga<br />

Biren Vaidya, Rose<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 63


The Big STory<br />

Aurus<br />

Earlier brides were in the<br />

age bracket of 22 and<br />

25. Now the average age<br />

of a bride is between 25-<br />

27 years. Their thought<br />

process has evolved.<br />

Earlier, elders would<br />

decide what to buy but<br />

now days the girls have<br />

their own mind. They<br />

don’t succumb to any<br />

pressure. A lot of this has<br />

to do with the economic<br />

strata they belong to as<br />

well. Depending on the<br />

monetary background,<br />

even if she is modern,<br />

when it comes to her<br />

wedding ceremony, she<br />

always likes to go <strong>Indian</strong><br />

where uncut diamonds<br />

work very well. For<br />

cocktail, we see diamond<br />

chokers and necklaces<br />

and for mehndi, a lot of<br />

these girls are willing<br />

to only wear a pair of<br />

earrings and nothing else<br />

Ishu Datwani,<br />

Anmol <strong>Jeweller</strong>s<br />

listen<br />

Type<br />

03<br />

The Smart-One<br />

These brides see value for money in<br />

everything. They don’t want to invest<br />

in impractical, chunky pieces that they<br />

can’t wear in the future. They are likely to go<br />

in for layered looks, where they opt for pieces<br />

that don’t have to be necessarily put away<br />

in the locker. “Over the years, a bride’s taste<br />

has evolved in a way that she doesn’t want<br />

huge chunky pieces of jewellery, which can<br />

only be worn once or twice and then kept in<br />

the locker. We are recommending big pieces,<br />

which have versatility, something that can be<br />

worn in different ways. A big necklace can<br />

be worn later as a choker, where the pendant<br />

also can be worn with a chain later on,” adds<br />

Snehal Choksey of Shobha Shringar.<br />

When a bride walks into Puja Shah’s store,<br />

she asks them an important question: if they<br />

want to wear the jewellery in future as well.<br />

“Unlike clothes, jewellery has a high monetary<br />

value. So, brides think twice before investing<br />

in a heavy piece. They may want to wear it<br />

in future as well,” adds Puja. Rose, known for<br />

their elaborate bridal jewellery in diamonds<br />

and precious gemstones has also witnessed a<br />

change in brides’ mindset when it comes to<br />

locking away jewellery after the wedding is<br />

over. “These brides prefer jewellery in their<br />

trousseau not only for their wedding but pieces<br />

that have multiple uses. Hence, the concept of<br />

layering jewellery has become quite popular<br />

so that brides can wear individual pieces on a<br />

more regular basis,” adds Biren.<br />

Aurus<br />

What she could wear: Practical, lightweight pieces – with larger gemstones<br />

but less volume.<br />

64 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Achal Jewels<br />

Type<br />

04<br />

The Minimalist<br />

Subtle says it all for these brides. She is<br />

likely to wear a saree from Raw Mango<br />

with a choker. They wear jewellery for<br />

their own satisfaction, rather than pleasing<br />

other people or showing off what they have.<br />

“Brides who are minimalists like to get into<br />

the finer details. They like to wear necklaces<br />

with perhaps a single line of polki. They are<br />

not wearing jewellery to show off but it is<br />

just an extension of their personality. They<br />

want to know what technique is used to craft<br />

the jewellery, they check whether there is<br />

meenakari or nakshi work at the backside of<br />

a necklace. They care about the minor details<br />

that may not add to the drama. They like the<br />

subtle luxury,” adds Puja.<br />

<strong>Jeweller</strong>y for these brides is not decided in<br />

isolation. If their outfits are elaborate, then<br />

jewellery is definitely a mere accessory to<br />

make the outfit shine. “The trend has changed<br />

from elaborate designs to simpler pieces that<br />

have more value for money and something<br />

that can be used even after the wedding is<br />

over. The set she wears during her wedding<br />

could be heavy, but the rest are all functional,”<br />

adds Anil. Brides who like to be subtle are also<br />

particular about craftsmanship. “They tend to<br />

go in for pastel colours in soft tones of pink<br />

and green. These brides like a simple necklace<br />

with rosecuts as well,” adds Devashish.<br />

Sparsh<br />

<strong>Jeweller</strong>s<br />

What she could wear: Handcrafted pieces, pastel coloured gemstones and<br />

meenakari. Classic necklaces with rosecut diamonds.<br />

Brides who are<br />

minimalists like to get<br />

into the finer details.<br />

They like to wear<br />

necklaces with perhaps<br />

a single line of polki.<br />

They are not wearing<br />

jewellery to show off but<br />

it is just an extension of<br />

their personality. They<br />

want to know what<br />

technique is used to<br />

craft the jewellery, they<br />

check whether there<br />

is meenakari or nakshi<br />

work at the backside of<br />

a necklace. They care<br />

about the minor details<br />

that might not add to<br />

the drama. They like the<br />

subtle luxury<br />

Puja Shah, Aurus<br />

listen<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 65


The Big STory<br />

Tanya<br />

Rastogi for<br />

Lala Jugal<br />

Kishore<br />

<strong>Jeweller</strong>s<br />

The trend has changed<br />

from elaborate designs<br />

to simpler pieces that<br />

have more value for<br />

money and something<br />

that can be used even<br />

after the wedding is<br />

over. The set she wears<br />

during her wedding<br />

could be heavy, but the<br />

rest are all functional<br />

pieces. Comfort is<br />

most important. A<br />

very heavy earring is<br />

something they are<br />

not comfortable with.<br />

Even if it is for a couple<br />

of hours, they don’t<br />

want to buy it. They<br />

would much rather<br />

wear something that is<br />

practical but also looks<br />

nice<br />

Anil Sankhwal,<br />

JH <strong>Jeweller</strong>s<br />

listen<br />

Type<br />

05<br />

The Revivalist<br />

Many brides walk into a jewellery store<br />

with an heirloom piece wanting to<br />

give it a complete overhaul. Some<br />

are entire sentimental about the piece because<br />

it is a gift from their grandmother, while<br />

others simply want to change the piece to suit<br />

the current times. “ We recently had a client<br />

who came to us with a piece of jewellery that<br />

her grandmother had bought for her when<br />

she was young. It was pretty delicate to be<br />

worn on the wedding day, but the piece had<br />

sentimental value. So, we made her a long<br />

necklace to match the choker. The old piece<br />

was classic without much design value. When<br />

a bride comes to us wanting to change a piece,<br />

we usually play around with the beading or<br />

the stringing. For example, if she brought<br />

S.K. Seth Co <strong>Jeweller</strong>s<br />

something with pearls hanging in a necklace,<br />

we would probably add big rubies to it,” adds<br />

Devashish.<br />

Sometimes, it is not just the bride; it is the<br />

bride’s mother too. They come in asking to<br />

tweak a piece of jewellery gifted to them<br />

by their mother-in-law to give to their<br />

daughters. “One customer came to me and<br />

she brought a heritage piece made for the<br />

Maharaja by a European jeweller. She wanted<br />

to break it to give it to her daughters, and I<br />

remember convincing her not to do it as it<br />

was a very important piece. But we broke it<br />

eventually. Lot of heirloom pieces are plain<br />

gold or something that is studded with a lot<br />

of gemstones. Sometimes a bride come to<br />

us, asking us to melt the gold and make an<br />

entirely new piece. It happens quite often,”<br />

says Anil.<br />

What she could bring: Heavy pieces in gold that are not great in design!<br />

66 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Type<br />

These brides have probably walked into<br />

five stores before coming to you. They<br />

have read everything there is to read<br />

about jewellery. They have travelled the world<br />

and know what is in trend. They don’t mind<br />

spending the extra money as long as they get<br />

good quality, which means pieces that are<br />

everlasting. These brides are more focused and<br />

they probably already know what they want.<br />

“These brides are very quality conscious. They<br />

are very particular about how the piece falls<br />

Jewels of Jaipur<br />

06<br />

The Quality-Conscious, Know-it-All<br />

on them, about the shape of the piece etc. to<br />

convince a person who can’t make up their<br />

mind is almost impossible, better to keep quiet<br />

and let them choose the piece. But for someone<br />

who is particular, it is the role of a jeweller to<br />

ensure that the jewellery fits her well and she<br />

is given what she wants. Brides from affluent<br />

families are extremely well informed. They<br />

know gemstones and all the mines they come<br />

from. However, the awareness of diamonds is<br />

much more than colour gemstones,” says Anil.<br />

What they could wear: Pieces heavy on craftsmanship with best quality<br />

gemstones and diamonds<br />

Bigger diamond sizes<br />

and bigger gemstones<br />

are popular with brides.<br />

Emeralds and rubies have<br />

always been a favourite.<br />

Some brides prefer pastel<br />

colours and even corals,<br />

but later they change it<br />

to red or green, as these<br />

tones with south sea<br />

pearl go with any outfit.<br />

We also work with a lot<br />

of tumble beads. Brides<br />

want to wear jewellery as<br />

per their personal taste. If I<br />

show a piece that Anushka<br />

wore for her wedding to<br />

a client, the client will not<br />

sit with me the next time.<br />

They want to make their<br />

own statement. They<br />

don’t want the replicated<br />

look. When a celebrity<br />

wears something, it is<br />

all over social media and<br />

everybody starts wearing<br />

the same thing<br />

Devashish Kamdar,<br />

Occasions Fine <strong>Jeweller</strong>y<br />

listen<br />

Earlier it was all about wearing large, heirloom pieces that belonged to their<br />

mothers or grandmothers. Now, brides want to be more glamorous. We just<br />

worked with a bride in Udaipur, who wore this very unconventional piece with a lot<br />

of gemstones for one of the functions. A lot of them are wearing pieces that are<br />

not run-of-the-mill. When it comes to weddings, it is about showing off – she is<br />

wearing three sets of necklaces – a choker, a slightly longish necklace as well as a<br />

long haar. But for other functions, brides tend to take it easy! Pastel meenakari is<br />

very in and navratan jewellery has also become very popular<br />

Meha Bhargava , Style Inc. listen<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 67


The Big STory<br />

68 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Type<br />

Shree Jee Jaipur<br />

07<br />

The Celebrity Lover<br />

Thanks to big Bollywood weddings<br />

and films like Padmaavat, brides tend<br />

to follow footsteps of their favourite<br />

celebrities. They curate looks of who they<br />

want to look like and bring photo references to<br />

the jeweller. “This is more common in brides<br />

from a tier 2 city like Pune. A Bandra bride<br />

from Mumbai doesn’t come with references<br />

of celebrities,” says Ishu.<br />

Case in point, Anushka Sharma. When<br />

the star got married, the popularity of jadau<br />

jewellery rose overnight. Brides from tier 2<br />

cities also have more aspirational levels and<br />

they tend to resonate with celebrities. “They<br />

want exactly the same piece what the celebrity<br />

is wearing. We try to give them a match,<br />

however, we modify it a little bit according to<br />

the bride’s structure and personality. Anushka<br />

Sharma’s choker was a big hit,” says Snehal.<br />

Social media is also a game changer when it<br />

comes to what the brides want to wear. “When<br />

Deepika Padukone and Sonam Kapoor got<br />

married, it was all over social media. Brides<br />

came in asking for the naath Deepika wore<br />

and the gutta pusalu necklace Sonam wore,”<br />

says Sanjay.<br />

What they could wear: Jadau jewellery made popular by the celebs!<br />

Brides these days are<br />

opting for something<br />

that is minimal and<br />

wearable. They consider<br />

layering and pieces<br />

that can be worn later.<br />

They are more sensible<br />

and independent. They<br />

tend to wear traditional<br />

pieces for wedding and<br />

contemporary pieces for<br />

other functions. They<br />

prefer wearing jewellery<br />

that define them. Girls<br />

today know how to strike<br />

the perfect balance.<br />

During sangeet, a bride<br />

is likely to go in for fusion<br />

pieces and for reception;<br />

we recommend diamond<br />

jewellery with a hint<br />

of colour gemstones.<br />

Comfort brings the best<br />

in brides, so, we suggest<br />

classic pieces with larger<br />

stones, not necessarily<br />

large in volume<br />

Sanjay Gupta,<br />

Tibarumals <strong>Jeweller</strong>s<br />

listen<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 69


RedcaRpet Jewels<br />

Jewels from Oscars 2020<br />

Sparkling<br />

all the<br />

Way!<br />

From Vintage diamond<br />

festoon necklaces to<br />

striking hair accessories and<br />

brooches, jewellery at the<br />

Oscars this time exuded old<br />

Hollywood charm<br />

Classic diamond necklaces, over the top cuffs,<br />

minimalist earrings and quirky hair accessories –<br />

this Oscars saw it all and we mean all! Actors shone<br />

in auction-worthy diamond necklaces that complemented their<br />

off-shoulders and décolletages quite beautifully. We saw A-listers<br />

making a glittering impression with jewels in yellow gold as well!<br />

Brands like Forevermark, Bulgari, Tiffany & Co, Gucci, Chanel and<br />

Louis Vuitton were widely seen while new entrants like Nikos Koulis and<br />

Faraone Mennell also got their well deserved attention! Here are our favourite<br />

pieces worn with so much élan by these leading ladies!<br />

Salma Hayek looked<br />

stately in a Boucheron<br />

diadem and earrings<br />

Charlize Theron<br />

shone bright in a<br />

Tiffany & Co. necklace<br />

with 165 diamonds<br />

including a marquise<br />

diamond drop (over 21<br />

carats) set in platinum<br />

Cynthia Erivo was quite the<br />

show stopper with a ring on<br />

almost every finger—on one<br />

hand cut out floral designs and<br />

the other more edgy styles<br />

70 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Florence Pugh<br />

looked spectacular in<br />

a Louis Vuitton necklace<br />

with a 21 carat Imperial<br />

topaz from Riders of<br />

the Knight collection<br />

Gal Gadot<br />

dazzled in Tiffany<br />

& Co. ‘Clara Necklace’<br />

with an oval diamond<br />

(over 11 carats) and<br />

mixed-cut diamonds,<br />

set in platinum<br />

Greta Gerwig<br />

was quite the<br />

stunner in Bvlgari’s<br />

High Jewelry Collection<br />

necklace of platinum,<br />

emeralds and<br />

diamonds<br />

Julia Louis-Dreyfus wore a<br />

breathtaking Harry Winston Wave<br />

necklace with a total of 60.18-carats<br />

of diamonds, set in platinum<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 71


RedcaRpet Jewels<br />

Mindy Kaling<br />

looked like a million<br />

bucks in her yellow<br />

gown and Chopard<br />

floral fringe diamond<br />

necklace<br />

Kristen Wiig<br />

looked flaming hot in<br />

her red outfit that she<br />

coupled with a pair of<br />

gold earrings by Nikos<br />

Koulis<br />

Regina King<br />

sparkled<br />

in Harry<br />

Winston<br />

diamond<br />

bracelet and<br />

rings<br />

Margot Robbie completed her<br />

beautiful gown with a pearl and lapis<br />

brooch with a pearl tassel<br />

72 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Sigourney Weaver matched<br />

her emerald green gown with<br />

diamond earrings by Kwiat<br />

Sandra Oh complemented<br />

her gorgeous beige sequin<br />

gown with Pomellato diamond<br />

curb chain cuffs and flexible<br />

bracelets<br />

Scarlett Johansson looks<br />

elegant in her Forevermark x<br />

Anita Ko Pear diamond drop<br />

earrings set in 18K white gold<br />

Saoirse Ronan is ever so charming in<br />

Gucci High Jewelry butterfly hair clip<br />

and chandelier earrings<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 73


RedcaRpet Jewels<br />

Tonya Lewis Lee wore<br />

a stunning titanium,<br />

yellow gold and diamond<br />

statement earrings by<br />

Faraone Mennell<br />

Zazie Beetz looked<br />

spectacular in Bulgari<br />

emerald and diamond<br />

fringe necklace<br />

74 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Special Feature<br />

Jewels from Paris Couture week 2020<br />

An eclectic displAy<br />

of the world’s<br />

finest jewels<br />

In the City of Lights, at Paris Haute Couture Week, some of the<br />

world’s finest and top of the line collection of high end jewellery<br />

was unveiled. High jewellery holds immense inspiration value for<br />

<strong>Indian</strong> jewellers, manufacturers and artisans<br />

It was here that poetry and aesthetics walked<br />

hand in hand with the world’s finest and<br />

rarest collections of contemporary jewels.<br />

The prestigious Place Vendôme and beyond,<br />

was lit up with these out-of-the-world<br />

dazzlers.<br />

Cindy Chao’s Party<br />

Collection<br />

Cindy Chao, who founded her<br />

namesake brand Cindy Chao The Art<br />

Jewel in 2004, unveiled several new<br />

pieces for the Black Label collection, her<br />

most prestigious line, with just 36 one-ofa-kind<br />

pieces created each year.<br />

The Aurora Butterfly Brooch, which<br />

features extraordinary triangular rose-cut<br />

diamonds, pigeon’s blood Burmese rubies,<br />

and beautiful gradations of deep-blue<br />

sapphires layered with glowing yellow<br />

diamonds deserves a special mention. Also<br />

on view is the Emerald Sculptural Bangle,<br />

featuring an extraordinary 7.61-carat<br />

heart-shaped Colombian emerald; and her<br />

Damask Rose Brooch crafted using an<br />

18th-century wax sculpting technique.<br />

Cindy’s creative legacy from her father<br />

who was a sculptor and grandfather who<br />

was an architect sets her apart from other<br />

jewelers. The three-dimensional creations<br />

that she displays are ones to watch-out for.<br />

The titanium necklace from<br />

2016 Black Label Masterpiece<br />

is set with over 6,200<br />

diamonds and accented with<br />

224 yellow diamonds<br />

76 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Open ring with diamonds, bluegreen<br />

tourmaline, turquoise,<br />

tsavorite garnets, opal and lacquer<br />

in white gold<br />

Necklace with diamonds,<br />

cultured pearls, white opal,<br />

pink, blue and yellow sapphires,<br />

tsavorite garnets,<br />

purple sapphires, mandarin<br />

garnets, peridots, emeralds<br />

and lacquer in white and<br />

yellow gold<br />

Connected rings with<br />

turquoise, emeralds,<br />

sapphires, diamonds and<br />

lacquer in white gold<br />

Between-the-finger<br />

ring set with a cultured<br />

purple pearl and vibrant<br />

pink kunzite, pink<br />

sapphires and diamonds<br />

Dior et Moi<br />

Showcasing 39 new designs, Dior’s new Dior et<br />

Moi high-jewellry collection is a mix of the most<br />

extraordinary and precious stones in avant-garde<br />

colours and combinations. The pieces are crafted with semiprecious<br />

and precious stones such as diamonds, emeralds, and<br />

blue and pink sapphires. And speaking of colour, the new<br />

line has plenty of it. The house’s artistic director Victoire<br />

de Castellane brought together unconventional shades,<br />

proportions, and shapes resulting in a unique and eyecatching<br />

collection.<br />

The earliest mention of a “toi et moi” ring dates back to<br />

the end of the 18th century when Napoleon offered a gold<br />

ring that featured a diamond and a sapphire to his first wife.<br />

Then it was John Kennedy who offered Jacqueline Bouvier<br />

a gorgeous emerald and diamond ring. The main feature of<br />

the “toi et moi” designs is the presence of two stones next to<br />

each other.<br />

Fashionably set, lacquer appears in 15 unexpected<br />

colours and is sprayed on brushed gold. Diamonds and<br />

emeralds in an assortment of cuts are paired with red spinels,<br />

tourmalines, and turquoise—but it’s the glittering opal that<br />

takes away all the credit, as seen in this open ring.<br />

Black Label Masterpiece<br />

IX “Damask Rose<br />

Brooch,” from 2019<br />

The 2008 Ruby Butterfly brooch<br />

depicts a butterfly emerging from<br />

its cocoon, and is set with two<br />

non-heated Burmese rubies totally<br />

12.89cts, surrounded by fancycoloured<br />

diamonds and colourchanging<br />

sapphires<br />

Emerald Sculptural Bangle set<br />

with 5,305 diamonds, sapphires,<br />

demantoids, colour-changing<br />

garnets, tsavorites and<br />

alexandrites, and topped with a<br />

7.61ct Colombian emerald<br />

Aurora butterfly brooch with pigeon’s<br />

blood Burmese rubies totalling<br />

8.48ct, 10.19ct of triangular rose<br />

cut diamonds, 15.94 ct of yellow<br />

diamonds, rubies & sapphires set in<br />

aluminum & titanium<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 77


Special Feature<br />

Necklace with 10ct D colour<br />

flawless clarity cushion cut<br />

diamond, pearls, sapphires<br />

and spinels in yellow gold<br />

and platinum<br />

Tweed contrasté<br />

asymmetrical earrings<br />

with pearl, onyx and<br />

diamonds set in yellow<br />

gold and platinum<br />

Tweed brodé brooch with<br />

diamonds in white gold<br />

The Tweed Collection<br />

by Chanel<br />

Tweed has been an integral part of<br />

Chanel ever since Coco Chanel<br />

transported it from the world of<br />

menswear and British aristocracy into<br />

women’s fashion during the 1920s.<br />

Under the direction of Virginie Viard,<br />

who took over as creative director last<br />

year, the collection includes 45 pieces<br />

crafted with a variety of precious<br />

stones in interlocking patterns.<br />

Patrice Leguéreau, director of the<br />

Chanel fine jewelry studio, has created<br />

a new interpretation of Coco Chanel’s<br />

classic motif of tweed. Gold, platinum,<br />

and onyx appear handspun to compose<br />

patterns of twists, grooves, and chess<br />

boards. Creating a true fabric with<br />

jewellery, the stones and pearls appear<br />

sewn together rather than set.<br />

Necklace with 20.40ct<br />

Imperial topaz button,<br />

diamonds and pearls set in<br />

yellow gold and platinum<br />

Tweed cordagé ring with<br />

diamonds in yellow gold<br />

and platinum<br />

78 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


A 61.79 carat emerald that will soon be<br />

the centerpiece of a necklace<br />

Chopard’s exquisite gemstones and<br />

diamond earrings<br />

Chopard presented an assortment of precious and rare stones<br />

from around the world. On view in the vitrines were beautiful<br />

unheated sapphire, a pear-shaped pigeon’s blood ruby and a<br />

Colombian emerald weighing a staggering 61.79 carats, and a vibrant<br />

turquoise-hued 34.63-carat Paraiba tourmaline.<br />

This original assortment of jewels was composed by Caroline<br />

Scheufele, co-president and artistic director of the house. Four<br />

diamonds exhibited the highest degrees of purity imaginable for a<br />

diamond: grade D-flawless and D-internally flawless, all of type IIA.<br />

Chopard also presented diamonds and among the standouts were<br />

earrings made of four D-flawless and D-internally flawless diamonds,<br />

all type IIA, which is highest degree of clarity.<br />

Earrings in 18-carat white gold<br />

set with two pear-shaped D-<br />

flawless diamonds weighing 7 and<br />

7.2 carats, and two D-internally<br />

flawless brilliant-cut diamonds<br />

weighing 2.6 and 2.5 carats, all<br />

type IIA<br />

A vibrant turquoisehued<br />

34.63-carat<br />

Paraiba tourmaline<br />

Louis Vuitton’s 1,758<br />

carats uncut diamond<br />

Louis Vuitton made a major statement at<br />

Paris Haute Couture Week by presenting an<br />

exceptional rough diamond of 1,758 carats.<br />

Possibly, the most exciting news heard around<br />

the world in the category of jewels was the<br />

discovery of the second largest rough diamond in<br />

the history – and its acquisition by Louis Vuitton.<br />

Counting at 1758 carats, it was discovered in the<br />

Lucara Diamond Corporation’s 100 per cent<br />

owned Karowe mine in Botswana on April 19th<br />

2019. It’s called Sewelô which means “rare find”<br />

in the Setswana language and is the size of a<br />

tennis ball, measuring at 83mm x 62mm x 46mm<br />

and weighing 352 grams. As the proud owners<br />

of the diamond, Louis Vuitton is planning to use<br />

its extraordinary variety to create bespoke-cut<br />

diamonds, as directed by Francesca Amfitheatrof,<br />

the brand’s artistic director for jewellery and<br />

watches. Interestingly, the largest rough diamond<br />

ever to be discovered was Cullinan, at 3106<br />

carats, in 1905, which has since been transformed<br />

into British Crown Jewels.<br />

A cushion-cut 13.49ct<br />

Madagascan pink<br />

sapphire<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 79


Special Feature<br />

Plume de Paon Question Mark<br />

necklace set with a 12.41-carat<br />

pink tourmaline on pink gold<br />

Lierre de Paris<br />

Question Mark<br />

necklace pavéd<br />

with emeralds<br />

Point d’Interrogation by Boucheron<br />

The eight new Point d’Interrogation necklaces by Claire Choisne,<br />

creative director of Boucheron, have an impressive elegance. The<br />

seams, updates, and precious metalwork that light up a masterful,<br />

diamond-studded peacock feather necklace call back to trends from the<br />

end of the 19th century. The same level of expertise is visible through<br />

the Lierre de Paris necklace, whose animated leaves are set with emerald<br />

(which, in itself, is a feat that connoisseurs will appreciate).<br />

Here’s a piece with history and fine aesthetics meeting in curls at the<br />

neck of a fashionista. Boucheron’s original question mark necklace dates to<br />

1879. During the Paris Haute Couture Week, it gets a bold update with a<br />

series of eight dazzling new pieces conceived by Claire. The pieces of this<br />

new collection include a version with a cluster of sculptural hydrangeas<br />

coated in iridescent mother-of-pearl and one with a shimmering set of<br />

golden wheat stalks. The most elegant version features a simple line of<br />

diamonds with 11 cultured pearls.<br />

Feuilles d’Acanthe<br />

Question Mark<br />

necklace set with<br />

diamonds on<br />

yellow gold<br />

Nuage de Fleurs Question<br />

Mark necklace set with<br />

mother-of-pearl and<br />

diamonds (short version)<br />

80 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Special Feature<br />

How-to<br />

What jeWellery<br />

retailers teach<br />

their sales staff?<br />

Your sales staff is the most important asset to<br />

your store. From the time a client walks in to the<br />

moment they make a purchase and walk out, the<br />

fate of your business lies in the hands of efficient<br />

sales staff. From hiring the right staff, to training<br />

and teaching them the right values, here’s how<br />

jewellers are equipping their sales staff to handle<br />

the toughest of clients says R Sugandha<br />

Lethal airborne viruses and rising gold<br />

prices are all adding to the mountain<br />

of challenges that the industry is facing.<br />

Sales personnel in the jewellery business<br />

along with their employers seem to be<br />

reeling under the pressure. Real gold and<br />

diamond jewellery are considered a mustbuy<br />

for every family wedding in India. From<br />

the birth of a child, till his or her wedding<br />

day, gold has held its sway over most <strong>Indian</strong><br />

households, across the planet. Devising the<br />

right sales strategies for this business is a<br />

daunting task.<br />

82 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Striking a fine balance between<br />

persona and knowledge<br />

“In India people look at jewellery as an<br />

investment, today they may be looking at it<br />

as a luxury. Buying gold is an outing of sorts<br />

-- brides don’t come alone to buy jewellery.<br />

They come along with nearly their whole<br />

family, mother, aunts, grandmother, cousins,<br />

friends etc,” informs Pratiksha Prashant<br />

of Kishandas & Co. More the number of<br />

people who accompany the bride, bigger the<br />

challenge for the salesperson. He or she has to<br />

please one and all in the party. “A sales person<br />

should have a balance of friendly qualities<br />

and knowledge. A good sales person should<br />

have a pleasing personality and the ability to<br />

read the customer. S/he must strike a balance<br />

between firmness and easygoing nature of<br />

a friend you can trust. Selling jewellery is<br />

nothing but identifying what the client needs<br />

most accurately ,” enlightens industry veteran,<br />

Vijay Khanna of Khanna <strong>Jeweller</strong>s. While Yash<br />

Agarwal of Birdhichand Ghanshyamdas says,<br />

“Our sales representatives undergo a thorough<br />

screening and training process to adapt to<br />

the brand’s aesthetics.” A pleasing personality<br />

and a dignified demeanour add value to the<br />

jewellery sales business, like nothing else.<br />

When your clients are niche, the<br />

personality of your sales staff<br />

too has to be quite a match<br />

to their standards. It’s not just<br />

about how presentable they<br />

are; a clean shaven look, <strong>Indian</strong><br />

attire and an etiquette to match<br />

will take a salesperson leagues<br />

ahead, while being able to land<br />

customers<br />

Pratiksha Prashant,<br />

Kishandas & Co.<br />

listen<br />

Buying jewellery is an<br />

important task for the client,<br />

whose daughter is getting<br />

married. A good salesperson<br />

will read his client and will<br />

be able to discern the finer<br />

elements of their preferred<br />

jewellery and the budget they<br />

have allocated for buying<br />

it within just the few initial<br />

moments of their discussion<br />

Vijay Khanna,<br />

Khanna <strong>Jeweller</strong>s<br />

listen<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 83


Special Feature<br />

Gaining the trust of<br />

clients<br />

“A good salesman does not sell, he wins the<br />

trust of his customer,” asserts Nakshtra Mehta<br />

of Rare Heritage. Trust matters the most in<br />

the jewellery business. “Like family physicians,<br />

in India we have family jewellers. <strong>Indian</strong>s like<br />

to buy from jewellers with whom they have<br />

been doing business for generations,” informs<br />

Khanna. In fact, these jewellers become<br />

part of extended families for many buyers.<br />

“We have many such family clients, where<br />

the grandmother has bought her wedding<br />

jewellery from us, and her granddaughter too<br />

comes in to buy her own wedding jewellery<br />

from our store. Kishandas & Co. has become<br />

a legacy,” beams Pratiksha. Therefore trust<br />

becomes second nature to all their staff<br />

members.<br />

Sales in this field, isn’t just about selling<br />

products, it’s about befriending the client.<br />

According to Khanna, “Trust is an important<br />

aspect of selling, and it’s also the trust that the<br />

salesperson displays in the brand and products<br />

which matters the most.”<br />

A good salesman does not<br />

sell, he wins the trust of<br />

his customer. Personality<br />

is not merely one’s exterior<br />

self. It has more to do with<br />

the mental framework of a<br />

person, which needs to be<br />

thoroughly positive<br />

Nakshatra Mehta,<br />

Rare Heritage<br />

listen<br />

Paying attention to grooming<br />

“When your clients are niche, the personality<br />

of your sales staff too has to be quite a match<br />

to their standards. It’s not just about how<br />

presentable they are; a clean shaven look, <strong>Indian</strong><br />

attire and an etiquette to match will take a<br />

salesperson leagues ahead, while being able<br />

to land customers,” explains Pratiksha. Adding<br />

to her sentiment, Khanna asserts, “A smiling<br />

face and standing up to welcome a customer<br />

into the shop, and making the customer feel at<br />

home is very important. Buying jewellery is an<br />

important task for the client, whose daughter<br />

is getting married. A good salesperson will<br />

read his client and will be able to discern the<br />

finer elements of their preferred jewellery and<br />

the budget they have allocated for buying it<br />

within just the few initial moments of their<br />

discussion.”<br />

Isn’t personality a complex word?<br />

“Personality is not merely one’s exterior self.<br />

It has more to do with the mental framework<br />

of a person, which needs to be thoroughly<br />

positive,” explains Mehta. “People with too<br />

many worries and those who are bogged<br />

down by their personal lives can never exude<br />

the kind of positive energy they need in their<br />

job,” says Vijay Khanna. No one likes to see a<br />

grumpy face and a person of ill temper serving<br />

them. “In this business, personality has to be<br />

teamed up with excellent product knowledge<br />

and ability to reach out to clients. Hard and<br />

aggressive selling strategies can ruin the<br />

chances of an actual sale. Clients need to be<br />

given the freedom to make the right choice,”<br />

explains Pratiksha.<br />

84 | february-march 2020 | www.indianjeweller.in<br />

INDIAN JEWELLER


Developing a rapport with clients<br />

With 25 years of taking over several<br />

responsibilities in their family-run store in<br />

Hyderabad, Pratiksha recalls, “When I first<br />

started looking after the store, I used to be<br />

the only lady in the store and I remember<br />

my father-in-law telling me about the<br />

esteemed clients who shop with us. I used<br />

feel intimidated by their presence and<br />

would hesitate to talk to them freely. Today’s<br />

youngsters are a lot more confident, they talk<br />

to some of the most powerful clients in an<br />

equal yet dignified tone. They are unperturbed<br />

by the inequality in power or status. These<br />

things do not disturb their discussion, and I<br />

feel it is important for business as well. They<br />

are in a better position to establish a rapport<br />

with our clients.” Customer connect plays a<br />

vital role in bringing back customers to the<br />

store. “We encourage our staff to create an<br />

emotional connection with every valued<br />

walk-in. Going by the phrase ‘it is not what<br />

you say; it s how you say it,’” opines Agarwal.<br />

A good sales staff always establishes a good<br />

connection with the client. “I always tell<br />

my sales staff, never be over zealous in your<br />

determination to make the person across<br />

the table a customer, you have to be able to<br />

make him or her your friend, sister or aunt,<br />

you have make her feel like a family member,<br />

compassion and empathy go a long way in<br />

establishing rapport with the client,” says<br />

Khanna.<br />

Never be too pushy with clients<br />

Subtlety ascends to become a virtue of<br />

prime importance when it comes to the art<br />

of selling jewellery. Direct and hard selling<br />

tactics will never work in this field. “No one<br />

likes to be pressurized into buying jewellery.<br />

You would never re-enter a store if you find<br />

sales persons pressurizing you into buying,”<br />

explains Pratiksha, whose efforts have always<br />

been directed towards giving total freedom<br />

to buyers. “A jewellery store must exude an<br />

elegant, home-like feeling, where the client is<br />

made to feel like a queen or princess – that is<br />

what subtlety can do,” explains Mehta. Subtle<br />

is powerful in this business. “Get the client to<br />

clinch the deal. Show her a way to do what<br />

you want her to do, that is skill. Catering to the<br />

needs of your client is of utmost importance,<br />

never compromise on what the client really<br />

wants. If you do not have a product to match<br />

at that point of time in the store, accept it, get<br />

it made-to-order, but give the client what she<br />

really wants. Don’t coax her into buying what<br />

you want to sell,” explains Khanna, without<br />

mincing words. Sales staff must maintain a<br />

cordial distance with clients, so<br />

as to allow them to make their<br />

own choice. “Hovering over<br />

clients at all times will serve no<br />

purpose,” feels Agarwal.<br />

All in all, jewellery sales<br />

is a stiff cliff to ascend and<br />

with added competition and<br />

several factors all out there to<br />

jeopardise the efforts of sales<br />

personnel in this field, bearing<br />

these time-tested ideas in mind<br />

will surely bring in some good<br />

business.<br />

Our sales representatives<br />

undergo a thorough<br />

screening and training<br />

process to adapt to the<br />

brand’s aesthetics. We<br />

encourage our staff to create<br />

an emotional connection<br />

with every valued walk-in –<br />

Going by the phrase ‘it is not<br />

what you say; it s how you<br />

say it<br />

Yash Agarwal,<br />

Birdhichand Ghanshyamdas<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 85


SpeciAL FeAture<br />

Light-Weight <strong>Jeweller</strong>y<br />

The LighTweighT<br />

Promise<br />

As gold becomes dearer by the day, retailers are looking to stock up on<br />

affordable, light-weight jewellery crafted in 18K gold as that’s where the<br />

consumers are headed. Manufacturers on the other hand are trying to<br />

push all boundaries to create feather-light pieces without compromising on<br />

design and quality observes Vijetha Rangabashyam<br />

credit: Lotus <strong>Jeweller</strong>y creation<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 87


Special Feature<br />

Credit: Kanakratna Exim Pvt. Ltd.<br />

<strong>Jeweller</strong>y buying in India has mostly been<br />

occasion centric. Women are seldom seen<br />

wearing heavy pieces of jewellery at work<br />

place. With more women being employed<br />

and having more disposable incomes, they are<br />

increasingly looking at light-weight options to<br />

wear every day. The little nest built for buying<br />

jewellery is splurged on buying multiple,<br />

smaller and lighter pieces as opposed to one<br />

large piece during occasions like Akshaya<br />

Tritiya. With gold prices soaring, light weight<br />

jewellery in 18K gold seems more affordable.<br />

On the other hand, for weddings and such<br />

other occasions were gifting comes into play,<br />

there is a growing market for jewellery that<br />

looks big, but is not heavy in weight. As the<br />

demand for such jewellery is on an uptick,<br />

manufacturers are pushing the envelope and<br />

are coming out with light-weight collections<br />

even in antique and jadau. Rajkot today is a<br />

bastion for light-weight jewellery, wherein a<br />

handful of players use powerful technology<br />

to create light-weight magic. They travel the<br />

world, especially to places like Italy, Turkey and<br />

Germany to not just buy the latest machinery<br />

but also find out about trends in light-weight<br />

jewellery.<br />

18K for the Win<br />

Buying capacity of consumers who walk<br />

into showrooms has drastically come down.<br />

Retailers hence place orders for light-weight<br />

jewellery in 18k gold. “Light-weight jewellery<br />

in 18k gold is more affordable. Today the price<br />

of 18k gold per gram is Rs 3200-3300. So,<br />

retailers add making charges to this and sell<br />

the same for around Rs.3700-3800. And<br />

when it comes to designs, they want light<br />

weight chains with pendants and necklaces<br />

with cz stones,” says Vikram Jain of Kanakratna<br />

Exim. Kanakratna has been following the<br />

footsteps of Italy and Turkey when it comes<br />

to manufacturing jewellery because their<br />

technology is far superior. Their lightweight<br />

pieces whether in rhodium or colour stones are<br />

inspired by Italian and Turkish manufacturing<br />

prowess. “Italians have mastered in mixing<br />

gold with different colours. Earlier rose gold<br />

was popular, now chocolate coloured gold<br />

is also becoming popular and all the big<br />

manufacturers in India are following this<br />

trend. After the increase in gold price, hollow<br />

jewellery is also fast moving. A necklace set<br />

looks like it is 40 g, but in reality it is only<br />

between 15-20 g. In the coming I<strong>IJ</strong>S show in<br />

August there would also be 18k lightweight<br />

antique jewellery and there will at least be a<br />

difference of Rs 300 per gram compared to<br />

jewellery of higher purity,” he adds.<br />

Italians have mastered in<br />

mixing gold with different<br />

colours. Earlier rose gold<br />

was popular, now chocolate<br />

coloured gold is also<br />

becoming popular and all the<br />

big manufacturers in India are<br />

following this trend. After the<br />

increase in gold price, hollow<br />

jewellery is also fast moving.<br />

A necklace set looks like it is<br />

40g, but in reality it is only<br />

between 15-20g<br />

Vikram Jain,<br />

Kanakratna Exim Pvt. Ltd.<br />

Credit: Lotus <strong>Jeweller</strong>y Creation<br />

88 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Credit: Tanvi Gold Cast LLP<br />

We have machines, where<br />

all we have to do is set the<br />

program to get the desired<br />

output. We have an Italian<br />

machine where we feed in 5<br />

mm gold sheets in A4 size.<br />

We get the product in hand<br />

after keying in specifications,<br />

We either buy new machines<br />

or upgrade existing ones.<br />

Yash Vadher,<br />

R.K. Silver & Gold<br />

It’s all an Illusion<br />

Rajkot based R.K. Silver & Gold is one of the<br />

top five manufacturers of gold and silver lightweight<br />

jewellery in India. They have been in<br />

the business for over seven years using the<br />

most advanced technology. The company has<br />

been manufacturing jewellery ranging from<br />

2g to 70-80g, the latter is made to look like<br />

140 g. “We don’t make any casting jewellery,<br />

all our pieces are made 100 per cent by CNC<br />

machines. Retailers are looking to buy lightweight<br />

pieces in 18k gold because the price is<br />

markedly lesser than 22k. They all have a set<br />

price in mind – they want to order jewellery<br />

sets (necklaces & earrings) in 18k gold which<br />

can be sold at Rs.40, 000. Consumers usually<br />

buy these pieces for gifting purposes. We are<br />

known for manufacturing 18k gold jewellery<br />

in the same finish as 22k,” adds Yash Vadher<br />

of R.K. Silver & Gold. The company started<br />

off with plain gold jewellery, today, they<br />

manufacturer laser cut jewellery with cz stones<br />

as well as machine made light-weight pieces in<br />

Bikaneri meena work.<br />

As the demand for jadau jewellery grew,<br />

they have even launched the same in lightweight<br />

options. Getting skilled artisans to<br />

make handcrafted light-weight jewellery has<br />

always been a challenge. “We have machines,<br />

where all we have to do is set the program<br />

to get the desired output. We have an Italian<br />

machine where we feed in five mm gold<br />

sheets in A4 size. We get the product in hand<br />

after keying in the specifications,” adds Yash.<br />

The company produces around 15 kg of<br />

jewellery per day and they believe in updating<br />

their manufacturing machinery every four<br />

months. “We either buy new machines or<br />

upgrade existing ones. Our aim is to give best<br />

products to our buyers. We are trendsetters<br />

in India today. A lot of small jewellers and<br />

manufacturers follow our designs. Our 2g<br />

pendant sets look like 12g sets, and those<br />

which are 12g sets look like 22g sets,” he adds.<br />

Many manufacturers seeing the demand for<br />

light-weight pieces are also creating jewellery<br />

with hollow technique. Yash however says<br />

hollow jewellery is not trending anymore.<br />

Credit: R.K. Silver & Gold<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 89


Special Feature<br />

“Hollow sets cannot be repaired at all. Our<br />

current jewellery sets can be repaired; even if<br />

there is 70 per cent damage, our sets can be<br />

repaired.” They manufacture jadau jewellery<br />

in light-weight as well. “It is completely<br />

machine made, however, the finishing is done<br />

by our in house artisans by hand,” he adds.<br />

The Indo-Italian Route<br />

India has always looked up to Italy when it<br />

comes to manufacturing jewellery. Overtime,<br />

adapting Italian manufacturing techniques has<br />

given birth to Indo-Italian fusion jewellery.<br />

Lotus <strong>Jeweller</strong>y Creation, again Rajkot based,<br />

is known for its innovative Indo-Italian<br />

jewellery using laser and CNC technology.<br />

“We rely heavily on paper casting technology.<br />

Earlier, pieces would weight 100 grams but<br />

the same can be finished today with just 40g,”<br />

says Vineet Vasa of Lotus <strong>Jeweller</strong>y Creation.<br />

Credit: Tanvi Gold Cast LLP<br />

However, machine only does so much,<br />

creativity goes a long way in making jewellery<br />

with so much detail. The sheer options that<br />

Indo-Italian jewellery presents that too in<br />

affordable price points has made this category<br />

extremely popular amidst retailers. “We<br />

go to Italy 3-4 times in a year, for training<br />

and upgrading our machinery. Sometimes,<br />

we bring their engineers to upgrade our<br />

machines. Earlier, traditional jewellery had<br />

good demand. Today net jewellery is in<br />

demand. Fusion jewellery is in demand,<br />

wherein we combine other substances with<br />

gold. The price is lower because of the use of<br />

other material. The jewellery looks bigger as<br />

well. In western pieces, we also use ceramic<br />

and steel,” quips Vasa. Lotus has around 500<br />

workers in its manufacturing unit and produces<br />

approximately 12 kilograms of jewellery every<br />

day. Lotus has produced collections infusing<br />

We go to Italy 3-4 times in a<br />

year, for training and upgrading<br />

our machinery. Sometimes,<br />

we bring their engineers to<br />

upgrade our machines. Fusion<br />

jewellery is in demand, wherein<br />

we combine other substances<br />

with gold. The price is lower<br />

because of the use of other<br />

material. The jewellery looks<br />

bigger as well. In western<br />

pieces, we also use ceramic and<br />

steel<br />

Lotus <strong>Jeweller</strong>y Creation<br />

Credit: Lotus <strong>Jeweller</strong>y Creation<br />

90 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


We manufacture casting<br />

jewellery in 7-8g that<br />

actually looks like 15g. We<br />

are also into bridal lightweight<br />

jewellery<br />

,<br />

Tanvi Gold Cast LLP<br />

laser filigree with ultra light weight hollow<br />

CNC diamond setting beads, 3D work,<br />

feather light hollow bangles and mangalsutra<br />

with cnc diamond faceting on very intricate<br />

laser filigree and reversible filigree as well as<br />

meenakari jewellery.<br />

Affordable all the way<br />

Tanvi Gold Cast produces around 7-8<br />

kilograms of jewellery per day in its stateof-the-art<br />

manufacturing unit in Rajkot.<br />

Price is the main focus for this manufacturer.<br />

As gold price is skyrocketing, Tanvi focuses<br />

on producing light-weight jewellery in<br />

unmatchable prices. “We manufacture casting<br />

jewellery in 7-8g that actually looks like 15g.<br />

We are also into bridal light-weight jewellery,”<br />

says Bipin Viradiya of Tanvi. The company<br />

uses laser and plate casting technology to<br />

manufacture its pieces and manufacturers<br />

jewellery ranging from 2 to 50g and the slightly<br />

traditional pieces range from 30 to 100g. “We<br />

have reduced our jewellery thickness. We<br />

import bob machines and polishing machines<br />

from Italy. The new polishing machine reduces<br />

wastage as well,” adds Bipin. From antique<br />

collections to enamel jewellery and pieces in<br />

Swarovski stones, Tanvi manufactures trendy<br />

pieces with price consciousness in mind.<br />

Playing with Technology<br />

Elvee Jewels manufactures delicate pieces<br />

in diamonds in yellow and rose gold using<br />

superior technology. “No one wants to wear<br />

small-looking jewellery. They want to wear big<br />

pieces but in light weight and the challenge<br />

lies here. We try to create light-weight pieces<br />

keeping the same strength, look, feel and size<br />

in mind,” quips Kalpesh Vaghasiya of Elvee<br />

Jewels. For Elvee, everything starts with a<br />

good design. “We use AutoCAD software to<br />

design pieces. Some pieces are made directly<br />

in casting (using CNC machines). We alter<br />

alloy content to bring in the strength. We<br />

reduce alloy gauge, yet retain strength and size<br />

in jewellery,” he adds. China and Italy have<br />

been using advanced technology for many<br />

years now and today, India too has adapted<br />

the skill set and the technological know-how<br />

because of rise in gold prices. “Technological<br />

Technological upgradation<br />

is a continuous process.<br />

We need to modify each<br />

and every process to make<br />

light-weight jewellery. Our<br />

jewellery is crafted in 14k<br />

and 18k gold. We import<br />

machinery from Italy and U.S.<br />

Italian machinery produces<br />

quality products. At present,<br />

manufacturers are using laser<br />

sintering machines where<br />

in gold powder is used to<br />

manufacture jewellery<br />

Elvee Jewels<br />

upgradation is a continuous process. We<br />

need to modify each and every process to<br />

make light-weight jewellery. Our jewellery<br />

is crafted in 14k and 18k gold. Our designs<br />

are modern ranging from 5g to 15g (for more<br />

traditional pieces). We import machinery from<br />

Italy and U.S. Italian machinery produces<br />

quality products. At present, manufacturers are<br />

using laser sintering machines where in gold<br />

powder is used to manufacture jewellery,” adds<br />

Kalpesh. <br />

Credit: Elvee Jewels<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 91


In focus<br />

Jhumkas from Mayura Amore collection, NAC <strong>Jeweller</strong>s<br />

Saloni Nimah gold<br />

jhumkas, Candere<br />

Traditional Jhumkas<br />

Traditional earrings set in<br />

22K gold with brilliant Nakshi<br />

artistry inspired from <strong>Indian</strong><br />

Gods, Aisshpra Gems & Jewels<br />

Beautiful jhumkas<br />

with bird motifs,<br />

Amrapali Jewels<br />

Traditional<br />

Bengali jhumkas<br />

with filigree work,<br />

Senco Gold &<br />

Diamonds<br />

EtErnal &<br />

ElEgant<br />

A jewellery staple in most<br />

<strong>Indian</strong> households, the popular<br />

jhumka has gone through a sea<br />

of changes from its traditional<br />

avatar. While some jewellers like<br />

to keep it traditional others have<br />

chosen to give it a twist with<br />

new silhouettes while retaining<br />

its playfulness. From traditional<br />

temple jewellery style jhumkas<br />

to those with intricate meenakari<br />

work and carved stones, here are<br />

our favourite pieces<br />

Jhumkas with meenakari<br />

work & polkis, Rambhajo’s<br />

Earrings crafted in 22K gold with bird motif,<br />

Shobha Shringar <strong>Jeweller</strong>s<br />

Jhumkas set in 22K gold with uncut diamonds<br />

and enamelling, Aisshpra Gems & Jewels<br />

Earrings set in 22 K Gold with traditional<br />

inscriptions inspired from the <strong>Indian</strong><br />

mythology, Anmol <strong>Jeweller</strong>s<br />

94 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


In focus<br />

sautoir necklace crafted in<br />

18 k gold set with morganite<br />

melons, ruby beads, blue<br />

opal, sapphire and diamonds,<br />

Exquisite fine <strong>Jeweller</strong>y<br />

necklace with<br />

colourstones,<br />

Jewel saga<br />

statement earrings, Kohinoor<br />

<strong>Jeweller</strong>s Agra<br />

colour stone <strong>Jeweller</strong>y<br />

A SplASh of<br />

ColourS<br />

come spring, the air is suffused<br />

with beautiful colours everywhere.<br />

These kaleidoscopic pieces<br />

adorning the most vibrant colour<br />

stones in myriad hues, remind us<br />

of nature and its many shades<br />

spiral ring in18k yellow gold<br />

studded with garnet, citrine & blue<br />

sapphires, Kohinoor <strong>Jeweller</strong>s Agra<br />

Ring crafted in<br />

multicoloured sapphires<br />

& diamonds, Kohinoor<br />

<strong>Jeweller</strong>s Agra<br />

Earrings in 18 K gold set<br />

with coloured stones and<br />

diamonds, Anmol <strong>Jeweller</strong>s<br />

Ring crafted in 18 K gold set with<br />

sapphires and round brilliant<br />

diamonds, Anmol <strong>Jeweller</strong>s<br />

cocktail ring with<br />

amethyst, citrine & peridot,<br />

Motisons <strong>Jeweller</strong>s<br />

Earrings crafted in diamonds, pink tourmaline<br />

& Keshi pearls, Motisons <strong>Jeweller</strong>s<br />

96 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


In focus<br />

Coral &<br />

diamond ring,<br />

Motisons<br />

<strong>Jeweller</strong>s<br />

Gold choker with floral<br />

motifs, Om <strong>Jeweller</strong>s<br />

Floral <strong>Jeweller</strong>y<br />

Of BlOOms<br />

& BlOssOms<br />

Who isn’t moved or inspired by the sheer<br />

beauty of a flower? Artists across the<br />

board often take inspiration from the<br />

femininity and the tenderness of a flower.<br />

As pretty flowers bloom everywhere in<br />

this season of colours, here are some of<br />

our favourite pieces that celebrate this<br />

universal motif in all their glory<br />

Mesmerizingly designed<br />

brooch with the depths and<br />

curves of a flower set in 18<br />

k white gold with diamonds<br />

and rubies, Latique<br />

Valentine rose<br />

gemstone ring,<br />

Candere<br />

Carved<br />

amethyst<br />

earrings,<br />

Kohinoor<br />

<strong>Jeweller</strong>s<br />

Agra<br />

Floral inspired studs crafted<br />

in rose gold with diamonds,<br />

Aisshpra Gems and Jewels<br />

Gold flower cocktail ring,<br />

Motisons <strong>Jeweller</strong>s<br />

Dahlia earrings, CaratLane<br />

98 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER<br />

Floral earrings, Tanishq


In focus<br />

Diamond kadas,<br />

Om <strong>Jeweller</strong>s<br />

Character Study<br />

Simply Charming<br />

Janhvi Kapoor is the perfect millennial icon. She is the<br />

girl next door who embraces a subtle sense of style with<br />

hints of tradition. As we scrutinized her jewellery box, we<br />

found her affinity towards beautiful pieces in diamonds.<br />

Make no mistake though, for big fat <strong>Indian</strong> weddings,<br />

she is quite the head turner who is always adorned in<br />

the choicest of traditional pieces replete with polkis and<br />

priceless gemstones. If you want to appeal more to the 20<br />

something female, stock your store with these pieces<br />

Beautiful pair of<br />

earrings crafted<br />

in 18k gold and<br />

studded with semiprecious<br />

stones,<br />

Tanya Rastogi<br />

Bangles set with Gemfields<br />

Mozambican Rubies, Rosentiques<br />

Fine <strong>Jeweller</strong>y<br />

Classic jadau earrings, Jewel Saga<br />

Diamond chandelier style<br />

earrings, Uma Ornaments<br />

100 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Designscape<br />

Vishal Kothari – V.A.K Fine Jewels<br />

A Born Artist<br />

A firm believer of slow luxury, Vishal Kothari creates high, artisanal,<br />

handcrafted jewellery with handpicked gemstones. Over the years,<br />

he has created his own design language that has appealed to a global<br />

audience. Some of his pieces are sold at esteemed auction houses<br />

for hefty sums. With all that pride and glory, Vishal continues to do<br />

what he does best in his atelier in Mumbai, probably while listening to<br />

Pink Floyd writes Vijetha Rangabashyam<br />

102 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


A<br />

graduate gemologist, Mumbai-based<br />

Vishal Kothari spent two decades in<br />

his family’s jewellery manufacturing<br />

company. Somewhere along the way, Vishal<br />

felt the need to break away from his family<br />

business and create jewellery that he could<br />

resonate with. To realise his vision and artistic<br />

hunger, he began his eponymous jewellery<br />

brand, V.A.K Fine Jewels. Highly inspired<br />

by museums, he weaves beautiful stories<br />

around India’s rich heritage and culture<br />

through his one-of-a-kind pieces that are<br />

handcrafted painstakingly with the choicest<br />

of gemstones. He designs not more than 120<br />

pieces a year, some of which garner hefty<br />

sums at prestigious auction houses across the<br />

world. Vishal however didn’t always wanted<br />

to be a jewellery designer. “I wanted to be a<br />

sculptor. Or a couturier. Or a musician,” he<br />

says. However, crafting jewellery came to him<br />

naturally. “I guess I was born with it. But I<br />

was never really excited about it. I didn’t want<br />

to be in the jewellery “trade” as I saw it, and<br />

disliked how jewellery in India was treated as<br />

a commodity and a mere business. It’s when<br />

I discovered that I could be an artist that<br />

things got exciting. I had an urge to become<br />

a creator,” he adds.<br />

This urge to become a creator is what made<br />

him steer clear from manufacturing jewellery<br />

for the masses. He wants to create meaningful<br />

pieces that stand the test of time and this is<br />

evident in all of his works. “When I joined<br />

my father I felt a sense of continuity but also<br />

a lock down. <strong>Jeweller</strong>y was appreciated for<br />

its intrinsic value alone, not its design and<br />

aesthetic value. I had my own ideas. And a very<br />

strong design aesthetic. So I undid everything<br />

– the factory, the office, the design ethos. So in<br />

that sense you could say I am a first. A rebel.<br />

A newbie,” he opines.<br />

For Vishal, music and architecture have<br />

been a huge inspiration. Bands like Pink Floyd<br />

and Led Zeppelin and musicians like Dylan<br />

and Jim Morrison have really impacted him<br />

personally and his work. “They were pioneers,<br />

risk-takers, rebels and originals. I have a strong<br />

artisanal bent and find art everywhere. Most<br />

recently the baroque edifice and interiors of<br />

The Royal Opera House in Mumbai have<br />

inspired me. I am creating a line of jewellery<br />

based on this. I see jewellery as self-expression.<br />

Not merely adornment,” he says. His label’s<br />

spirit as he explains is India modern meets rock<br />

n roll. “A critic in Europe called my pieces<br />

maverick. I like that word. I guess my pieces<br />

are artisanal and have a strong architectural<br />

bent,” he adds.<br />

Vishal’s jewellery is a smorgasbord of<br />

wearable artworks crafted using a smattering<br />

of rose cuts and portrait cuts (which he uses<br />

a lot) both of which are ancient <strong>Indian</strong> cuts.<br />

He only uses non-treated, rare, gemstones<br />

and a lot of coloured gemstones like spinels,<br />

emeralds and coloured sapphires. A design<br />

first emerges in his mind and it evolves into<br />

I didn’t want to be in<br />

the jewellery “trade”<br />

as I saw it, and disliked<br />

how jewellery in<br />

India was treated as<br />

a commodity and a<br />

mere business. It’s<br />

when I discovered that<br />

I could be an artist that<br />

things got exciting. I<br />

had an urge to become<br />

a creator<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 103


Designscape<br />

My design<br />

vocabulary<br />

is global; it<br />

draws from art,<br />

sculpture, nature<br />

and motifs in<br />

architecture. I am<br />

very inspired by<br />

the architecture<br />

of my city –<br />

Mumbai – Gothic,<br />

Victorian, Indo-<br />

Saracenic and at<br />

times Art Deco<br />

influences my<br />

work<br />

its own being. The ideation process of a piece<br />

goes through days, often months. Vishal is a<br />

firm believer of slow luxury – high artisanal,<br />

handcrafted jewellery with rare gemstones<br />

handpicked by him. “My design vocabulary<br />

is global; it draws from art, sculpture, nature<br />

and motifs in architecture. I am very inspired<br />

by the architecture of my city – Mumbai –<br />

Gothic, Victorian, Indo-Saracenic and at times<br />

Art Deco influences my work,” he quips.<br />

Much like his jewellery, his clients too<br />

have an artistic predisposition. “My clients<br />

are sensitive to art, sculpture and design. They<br />

have a highly evolved aesthetic and look<br />

at jewellery as a creation, an expression of<br />

an artist, not in size, weight and price. She<br />

wears jewellery to express herself. One piece<br />

is often enough. My clients know they aren’t<br />

just buying a piece of art but are also investing<br />

in the same.”<br />

His pieces have this distinct quality about<br />

them, born out of sheer manufacturing<br />

prowess. Gemstones are celebrated and their<br />

beauty is kept intact. Not doing too much<br />

while infusing soul into every element in a<br />

piece takes a lot of skill. The gemstones in his<br />

jewellery shine from all possible angles and<br />

very little metal is used. “I use minimal metal<br />

to highlight the boldness of the gemstones –<br />

they almost float. A lot of R&D goes into<br />

my work. I also hire the best of artisans and<br />

train them extensively. Often a piece takes<br />

104 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


3-6 months to make, with me controlling<br />

every step of the manufacturing. I have a<br />

zero-error tolerance. I therefore can only<br />

make 100-120 pieces a year. Each piece is<br />

one-of-a-kind, designed by me and created<br />

by my artisans in my atelier in Mumbai. I<br />

like to think my pieces are intelligent. They<br />

are always thinking.” Vishal has a soft spot for<br />

spinels from Burmese mines. “They are always<br />

non-treated and come in beautiful hues like<br />

pigeon blood, pink, purple and blue. Spinel is<br />

a very sophisticated and underrated stone with<br />

a historical love affair with India,” he adds.<br />

Vishal participates in a lot of boutique<br />

shows world over – but we don’t see his<br />

work displayed for the <strong>Indian</strong> audiences<br />

much. We asked him if he believes that his<br />

jewellery doesn’t have a market in India<br />

and he says, “With my slow production and<br />

global commitments, I didn’t have the creative<br />

bandwidth. My pieces found their way into<br />

auctions at Sotheby’s, Phillips and Saffronart<br />

early in the day. I began retailing out of select<br />

boutiques across Europe, America and my<br />

pieces are sold largely by word of mouth. I am<br />

privileged to have a global clientele through<br />

my presence across shows and stores in Europe<br />

and the U.S. I also found patronage in royal<br />

families from the Middle East.” Vishal is now<br />

doing shows in India as well, like the recent<br />

one he did with Saffronart at their gallery in<br />

New Delhi. He has just opened his flagship<br />

store at The Royal Opera House in Mumbai.<br />

“It is such a privilege to be housed in such<br />

an iconic building. Like everything I do, it is<br />

niche and enthralling, I hope.”<br />

High jewellery with rare stones and savoir<br />

faire will always stand the test of time, even<br />

in a tepid economic climate believes Vishal.<br />

“High jewellery in fact becomes more relevant<br />

during market fluctuations, as people may buy<br />

less but will buy quality, as there is a serious<br />

investment and long-term value. Personally<br />

that is what I have noticed with VAK.” Vishal<br />

has an exciting auction season ahead of him<br />

along with design shows in Europe, the U.S.<br />

and the Middle East. “The next one is PAD<br />

Paris. I hope my flagship store in Mumbai will<br />

open doors to a sophisticated <strong>Indian</strong> clientele<br />

hungry for artisanal jewellery.I also sit on the<br />

committee of the Peabody Essex Museum in<br />

Massachusetts and have been invited to talk<br />

at a couple of museums about my creative<br />

practice.”<br />

Vishal looks for inspiration in buildings<br />

and nature across the world. Older towns<br />

of Europe, palaces and museums across the<br />

world and of course Mumbai, his city, are a<br />

constant source of inspiration. Of course,<br />

Pink Floyd, Salavdor Dali and Jim Morrison’s<br />

book of poems influence his works. What<br />

does the maverick designer do when he is not<br />

designing? “I am a museum and music junkie.<br />

But my mind is always drawing.” <br />

I use minimal<br />

metal to highlight<br />

the boldness of<br />

the gemstones –<br />

they almost float.<br />

A lot of R&D goes<br />

into my work.<br />

I also hire the<br />

best of artisans<br />

and train them<br />

extensively. Often<br />

a piece takes<br />

3-6 months<br />

to make, with<br />

me controlling<br />

every step of the<br />

manufacturing. I<br />

have a zero-error<br />

tolerance<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 105


Show RepoRt REpoRT<br />

13th Edition of I<strong>IJ</strong>S Signature<br />

All Business At iiJs<br />

signAture 2020<br />

Rise in gold prices or geopolitical tensions did not play a spoil sport at I<strong>IJ</strong>S<br />

Signature this year. Though footfall was relatively lower, visitors who came in<br />

were serious buyers reports <strong>Indian</strong> <strong>Jeweller</strong><br />

Sparsh <strong>Jeweller</strong>s<br />

The 13th edition of I<strong>IJ</strong>S Signature and the<br />

7th edition of India Gem & <strong>Jeweller</strong>y<br />

Machinery Expo (IGJME) organised<br />

by the Gem & <strong>Jeweller</strong>y Export Promotion<br />

Council (GJEPC) gave a head start to the<br />

2020 buying season. The events held from 13-<br />

16 <strong>Feb</strong>ruary 2020 at the Bombay Exhibition<br />

Centre, Goregaon, Mumbai, attracted 15,000+<br />

visitors (12,000 of whom were pre-registered<br />

visitors) from over 325 cities and towns pan<br />

India and more than 55 countries globally<br />

to visit 700+ exhibitors across 1,300 booths,<br />

spanning an area of over 45,000 sq. mts.<br />

Several new elements such as the Startup<br />

Zone (Hall 6), which promoted Emerging<br />

Designers & Women Entrepreneurs, and<br />

the Crafts Pavilion (to promote artisans and<br />

craftsmen) were welcomed by the exhibitors<br />

and buyers. GJEPC also concurrently<br />

presented the first-ever Business Knowledge<br />

Forum, The Artisan Awards and Design<br />

Inspirations to provide insight, intelligence<br />

and perspectives to members of the industry.<br />

“I<strong>IJ</strong>S Signature has received a good response<br />

with over 700 exhibitors occupying 1,300<br />

booths and nearly 12,000 pre-registered<br />

visitors,” said GJEPC Chairman Pramod<br />

Kumar Agrawal in his inaugural address.<br />

Agrawal listed out some of the projects<br />

initiated by the GJEPC, with support from the<br />

Ministry of Commerce and the Ministry of<br />

Finance, including the setting up of common<br />

facility centres (CFCs) and design institutes,<br />

as well as the plans for <strong>Jeweller</strong>y Parks, SNZs,<br />

a Gem Bourse and Model Workshops, which<br />

were at various stages of development.<br />

“The focus is on growth with value addition,<br />

as well as schemes that will help the progress<br />

106 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Sanskriti Jewels<br />

Anil Bharwani Fine <strong>Jeweller</strong>y<br />

of large numbers of MSME enterprises and<br />

upliftment of millions of artisans who form<br />

the backbone of the industry,” he said.<br />

Speaking to the media at the inaugural<br />

function, GJEPC Vice Chairman Colin Shah<br />

also pointed out that the GJEPC had taken<br />

a number of steps to overcome the credit<br />

crunch faced in the last couple of years by<br />

working with banks through a Coordination<br />

Committee and other platforms. “We will<br />

soon be signing an MOU with a leading<br />

public sector bank for use of the MyKYC<br />

industry database which has been developed<br />

and continuously updated by the Council.<br />

Other banks are likely to follow and this will<br />

greatly help in risk mitigation,” Shah said.<br />

The GJEPC Chairman and Vice Chairman<br />

also said that the industry had taken a number<br />

of steps in the face of the recent global tragedy<br />

of the coronavirus outbreak. This included<br />

approaching the government and banks to<br />

relax some of the regulations related to bank<br />

credit, especially for exports to China and<br />

Hong Kong based companies, as well as urging<br />

the industry “to produce with extreme caution<br />

and as per the conditions of the market” so<br />

they are not left with surplus stocks over the<br />

next few months.<br />

Shah said that the green shoots of a recovery<br />

after the slowdown of last year were already<br />

being seen with exports of silver jewellery and<br />

lab grown diamonds registering significant<br />

growth. Expressing the confidence that for<br />

most other verticals, “the worst was over”, he<br />

added that the Council was hopeful that the<br />

situation would improve in the second half of<br />

the current year.<br />

Elaborating on the Mega Shopping Festival,<br />

Agrawal said that the concept had been<br />

presented by the Hon’ble Minister of Finance,<br />

Nirmala Sitharaman as one of the steps to<br />

boost <strong>Indian</strong> exports in various categories<br />

and promote Make in India merchandise.<br />

“The Festival is being organised on behalf of<br />

the ministry by the ITPO, and the respective<br />

Export Promotion Councils are being<br />

Inaugural lamp lighting ceremony - (L to R) Richa Singh, Pramod Agrawal, Colin<br />

Shah, Sabyasachi Ray and Mansukh Kothari<br />

Raniwala 1881<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 107


Show RepoRt<br />

associated with them. Every <strong>Indian</strong> mission<br />

across the world is publicising the show to<br />

potential visitors, and we hope that not only<br />

will it provide an immediate boost, but that<br />

it will also grow significantly in the years to<br />

come.”<br />

This time GJEPC had also introduced a<br />

special Crafts Pavilion to showcase India’s<br />

traditional jewellery making crafts, with<br />

the aim of helping to revive, modernise and<br />

eventually market these localised art forms.<br />

There were eye-catching ornaments and gift<br />

items with complex designs and intricate<br />

detailing including handcrafted Temple<br />

<strong>Jeweller</strong>y from Nagercoil in Tamil Nadu, the<br />

Art of Bidri, native to Bidar in Karnataka and<br />

the delicate craftsmanship of Silver Filigree in<br />

Karimnagar district in Telangana.<br />

Also part of the show was the exclusive<br />

Signature Club which included exhibitors<br />

like Kantilal Chhotalal, KGK <strong>Jeweller</strong>y, Tanvir<br />

Kumar & Co. Jewelkraft Creation Pvt. Ltd.<br />

and more. The exhibitors showcased an array<br />

of collections from bridal to modern and<br />

light weight pieces. Hall 6 also had a special<br />

section for women jewellery entrepreneurs on<br />

one side as well as a section for new jewellery<br />

designers on the other, who presented their<br />

exclusive creations to the visitors. <br />

Modi Export House<br />

Karshev <strong>Jeweller</strong>y<br />

Sidelights<br />

The Craft Pavilion<br />

The Craft Pavilion at I<strong>IJ</strong>S Signature<br />

promoted three traditional <strong>Indian</strong><br />

jewellery crafts – temple, bidri<br />

and filigree. The aim is to preserve<br />

the knowledge of these crafts for<br />

posterity because right now they<br />

are only being passed down the<br />

generations by word of mouth or<br />

through practice. The authenticity<br />

of these crafts has to be retained,<br />

because their USP is that it is all<br />

100per cent handmade. Already,<br />

people have started using cast<br />

components for temple jewellery,<br />

which is part casting and part<br />

handmade. That is one part of<br />

business reality. One thing very<br />

heartening to note is that all the<br />

three crafts have qualified people<br />

such as graduates and even<br />

chemical engineers, which is a<br />

promising sign which shows that<br />

they are coming back to jewellery<br />

profession.<br />

Design Inspirations<br />

The intellectual property Design Inspirations<br />

from GJEPC, was organised on the last day<br />

of I<strong>IJ</strong>S Signature 2020. World’s renowned<br />

jewellery forecaster Paola De Luca, conducted<br />

a daylong session on the latest trends in<br />

jewellery and consumer behaviour. The<br />

core themes of Design Inspirations 2020<br />

were – Social Culture (The era of volatility),<br />

Sustainable (Being planet sensitive and<br />

conscious), Heritage (Looking deeper into<br />

authenticity) and lastly, Design (Envisioning<br />

the ideals of tomorrow). Other eminent<br />

speakers at Design Inspirations were Ash<br />

Allibhai, International Fashion & Content<br />

Director, ASBO Magazine; Narendra Kumar,<br />

Creative Director, Amazon Fashion; Thomas<br />

Lazzarini, Private Client Personal Shopper<br />

at Farfetch; Shreyas More, Interior Designer,<br />

Green Charcoal Project; Fleur Damman and<br />

Noëlle Viguurs, Co-Founder, Van Gelder<br />

<strong>Jeweller</strong>y; Saikat Mitra, Creative Director,<br />

Van Heusen, VP Design, Aditya Birla Fashion<br />

and Retail; Akash Das, Creative Director at<br />

MeWeStudioX.<br />

Business Knowledge Forum<br />

On the sidelines of I<strong>IJ</strong>S Signature 2020, GJEPC also organised Business<br />

Knowledge Forum in association with Economictimes.com. The forum<br />

had eminent speakers like Raghunath Subramanian, Chairman UI Path,<br />

Animesh Samuel, Co-Founder & Product Head, NLP Bots, Vedanarayanan<br />

Vedantham, SME Business Head, Razorpay, Sowmya Iyer, Founder &<br />

CEO, Dvio Digital, Aditya Bhat, head, Jio Studios, Bollywood actress<br />

Aditi Govitrikar and TV actress Tridha Choudhury. They all spoke on the<br />

emergence and importance of modern day information technology and<br />

tools like Robotics, Artificial Intelligence, Digital Marketing, Importance<br />

of Social media and impact of influencers etc. The common thread from<br />

all the experts was the consumer is changing and hence the face of the<br />

businesses is also changing. Marketers need to change along with time,<br />

with the changing nature of the consumer.<br />

<strong>Jeweller</strong>y Start up Zone<br />

Exhibitors at the Startup Zone section<br />

expressed their gratitude for the<br />

opportunity given to them at a big platform<br />

like I<strong>IJ</strong>S Signature. They were happy that<br />

they got to interact with B2B buyers from<br />

across India, which is something new for<br />

them as they had only experience with end<br />

customers. The platform gave them an idea<br />

about the needs of serious buyers.<br />

108 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Exhibitors Speak<br />

The footfall was less but the people who came<br />

in were in serious buying mode. Even though the<br />

walkins were lesser than last year, those who came<br />

were quality buyers with good enquiries. Since the<br />

wedding season is ending, buyers were looking at<br />

light weight diamond jewellery for Gudipadwa and<br />

Akshaya Tritiya.<br />

Hardik Shah, BR Designs<br />

Overall the show had low footfall as<br />

compared to last year but those who came<br />

did good business. New leads were fewer<br />

than last year too.<br />

Sumit Kamalia, Uma Ornaments<br />

Not big numbers and international buyers were<br />

lacking. But the buyers who came in were serious.<br />

We got a conversion rate of 80 per cent. Customers<br />

were looking for new designs, something innovative.<br />

People were waiting for 10-15 minutes outside<br />

our booth to look at our designs. Our booths were<br />

jam packed. If you have something new to offer, then people are<br />

willing to look at your deisgns. Out of those who came, 30 per<br />

cent were new businesses.<br />

Sanjay Jain, Manoj Ornaments<br />

The show was pretty decent. We didn’t get too<br />

many enquiries from the North as 14th & 15th of<br />

<strong>Feb</strong>ruary were also auspicious days for weddings.<br />

Despite the high gold price, we got some good<br />

enquiries, so that was a positive sign. We got a few<br />

new leads as well.<br />

Amish Kothari, Rosentiques Fine <strong>Jeweller</strong>y<br />

Consumer<br />

preferences<br />

are constantly<br />

evolving and the<br />

I<strong>IJ</strong>S Signature trade<br />

show has helped<br />

the industry by providing the<br />

exhibitors a firsthand chance<br />

to interact with thousands<br />

of buyers from all across the<br />

globe and to keep track of their<br />

dynamic preferences.<br />

Poonam Kothari, Achal Jewels<br />

Footfall was<br />

relatively low<br />

but buyers<br />

who came<br />

in were<br />

serious. No<br />

new business leads<br />

though. We are into top of<br />

the line, bridal jewellery, so<br />

rise in gold prices was not<br />

a dampener.<br />

Deepak Jain, Vijay Gems<br />

and <strong>Jeweller</strong>y<br />

Highlights<br />

• 700+ exhibitors across<br />

1,300 booths, spanning an<br />

area of over 45,000 sq. mts<br />

• 15,000+ visitors (12,000 of<br />

whom were pre-registered<br />

visitors) from over 325 cities<br />

and towns pan India<br />

• A special Crafts Pavilion<br />

showcased India’s<br />

traditional jewellery<br />

making crafts<br />

• Startup Zone section<br />

enabled new exhibitors to<br />

interact with B2B buyers<br />

from across India<br />

• A special section was<br />

carved out for women<br />

jewellery entrepreneurs to<br />

showcase their offerings to<br />

buyers<br />

• Light weight diamond<br />

jewellery did exceptionally<br />

well<br />

• Jadau and heavy pieces<br />

didn’t see too many takers<br />

• I<strong>IJ</strong>S Signature Club had<br />

exhibitors showcasing<br />

elaborate pieces to elegant,<br />

light weight pieces<br />

• Many exhibitors got new<br />

business leads<br />

• Buyers from North India<br />

were at minimum because<br />

14th & 15th of <strong>Feb</strong>ruary<br />

clashed with auspicious<br />

wedding days in the North<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 109


Show RepoRt<br />

The Artisan <strong>Jeweller</strong>y Design Awards 2020<br />

Arif Hossain<br />

Legendary British designer Stephen<br />

Webster graced the annual momentous<br />

event recognising and rewarding the<br />

best in jewellery design, The Artisan <strong>Jeweller</strong>y<br />

Design Awards. Artisan Awards epitomises<br />

the highest levels of artistry, innovation and<br />

individuality - elevating jewellery designers to<br />

their rightful status of artistes.<br />

The purpose of The Artisan Awards is to<br />

inspire India’s jewellery designers to push their<br />

design boundaries and demonstrate their skill<br />

by showcasing world-class pieces! The theme<br />

for this year’s The Artisan <strong>Jeweller</strong>y Design<br />

Awards 2020 powered by GIA (Gemological<br />

Institute of America) was Architectural Gems<br />

under which there were different categories<br />

namely Art-Deco, Neo Futurism and Islamic<br />

Arabesque. There was a special category for<br />

the Best Product Inventory for I<strong>IJ</strong>S Signature<br />

2020 exhibitors. The winner for the Art-<br />

Deco category was Harjas Kaur; the winner<br />

for Neo futurism was Namrata Bhardwaj; and<br />

the winner for Islamic Arabesque category<br />

was Koushik Mondal. The Awards were given<br />

away by Stephen Webster, Pramod Kumar<br />

Agrawal (Chairman, GJEPC), Colin Shah<br />

(Vice Chairman, GJEPC), and Nirupa Bhatt<br />

(MD - GIA, India & Middle East).<br />

The theme of the awards was Architectural<br />

Gems encompassing Art Deco, Neo-Futurism<br />

& Islamic Arabesque. Back in the day, Art<br />

Deco represented luxury, glamour, exuberance<br />

and faith in social and technological progress.<br />

The concept of Art Deco was not just a single<br />

style, but a pastiche of different and sometimes<br />

contradictory ones. Neo-futurism is an early-<br />

21st century architectural style, which evolved<br />

out of high-tech architecture. It is a concept<br />

that incorporates urban design that is in touch<br />

with human emotions, ethical values and<br />

sustainability. The Arabesque developed out of<br />

early traditions of plant-based scroll ornament<br />

in the cultures taken over by the early Islamic<br />

conquests. It is often used to symbolise the<br />

transcendent, indivisible and the infinity in<br />

nature.<br />

Harjas Kaur-Art Deco<br />

Harjas Kaur<br />

Koushik Mondal<br />

Koushik Mondal-Islamic Arabesque<br />

110 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Namrata Bhardwaj-Neo Futurism<br />

Artisan Awards 2020<br />

Sr. No Designer Name Manufacturer Position<br />

Category- ART DECO<br />

1 Harjas Kaur A’Star <strong>Jeweller</strong>y Winner<br />

2 Juhee Bolakhe Vummidi Bangaru <strong>Jeweller</strong>s Finalist<br />

3 Monu Jain Gupta Monu Jain Gupta Second Runner Up<br />

4 Saurabh Jhaveri Tiara Silver Pvt. Ltd. Finalist<br />

5 Budoor Albudoor La Marquise Diamonds,Dubai Finalist<br />

6 Shruti Sharma KP Sanghvi Finalist<br />

7 Arif Hossain A’Star <strong>Jeweller</strong>y First Runner Up<br />

8 Ashishkumar Doshi Oopal Diamonds Finalist<br />

9 Hema Harika Chandana Imaginarium (India) Pvt. Ltd. Finalist<br />

Category- NEO FUTURISM<br />

1 Juhee Bolakhe Vummidi Bangaru <strong>Jeweller</strong>s Finalist<br />

2 Namrata Bhardwaj A’Star <strong>Jeweller</strong>y Winner<br />

3 Anant Jain Mukti Gold Finalist<br />

4 Saayli Dhongade Diagold Creation Pvt. Ltd. Finalist<br />

5 Ashishkumar Doshi Oopal Diamonds Finalist<br />

6 Kosha Shah Anand Shah First Runner Up<br />

7 Jinal Patel Reliance Jewels Second Runner Up<br />

8 Mitali Kikani H. Ajoomal Fine <strong>Jeweller</strong>y Finalist<br />

9 Archangel Caszo Reliance Jewels Finalist<br />

Category- ISLAMIC ARABESQUE<br />

1 Pratiksha Gandle Reliance Jewels Finalist<br />

2 Saloni Kaushik Titan Company Limited Finalist<br />

3 Sonali Sheth Sphere Second Runner Up<br />

4 Ketki Ambardekar Jewel Goldi First Runner Up<br />

5 Koushik Mondal Tanvir Kumar & Co. Pvt. Ltd. Winner<br />

6 Tanaya Agarwal Imaginarium India Pvt. Ltd. Finalist<br />

7 Jaydeb Dolui Tribhuvandas Bhimji Zaveri Finalist<br />

8 Bhagyashree Vaidya Tanvirkumar & Company Finalist<br />

9 Rakesh Bakuly Kiran Gems Pvt. Ltd. Finalist<br />

Best Product Inventory at Signature I<strong>IJ</strong>S 2020<br />

Category<br />

Couture Cuffs<br />

Cocktail Rings<br />

Silver <strong>Jeweller</strong>y<br />

Daily Wear Diamond <strong>Jeweller</strong>y<br />

Coloured Gemstone <strong>Jeweller</strong>y<br />

Couture Diamond <strong>Jeweller</strong>y<br />

Gold <strong>Jeweller</strong>y<br />

Kundan Meena <strong>Jeweller</strong>y<br />

Winner<br />

Anand Shah Jewels<br />

Anand Shah Jewels<br />

Ira Jewels<br />

Manak <strong>Jeweller</strong>s Pvt. Ltd.<br />

Sanskriti Jewels<br />

Birdhichand Ghanshyamdas<br />

Shakti <strong>Jeweller</strong>s Pvt. Ltd.<br />

Sparsh <strong>Jeweller</strong>s<br />

Ketki Ambardekar<br />

Jinal Patel<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 111


Special FocuS<br />

Store Interiors at Narain Niwas<br />

SURABHI Fine Crafted Jewels<br />

Where<br />

heritage Meets<br />

Modernity<br />

Surabhi Kasliwal Godha<br />

Surabhi Kasliwal Godha has a unique legacy and<br />

an illustrious lineage, which begins with Munshi<br />

Dhannalal Kasliwal ‘Fauzdar’, the man who gave the<br />

city its globally renowned title, ‘Pink City’<br />

112 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


SURABHI Fine Crafted Jewels is a brand<br />

known for its awe-inspiring designs<br />

with a deep sense of respect for the art<br />

and dedication that goes into crafting each<br />

masterpiece.<br />

The brand was established by Surabhi<br />

Kasliwal Godha in 2011, along with a<br />

manufacturing and wholesale arm, ‘Vidita<br />

Jewels’. From manufacturing to wholesale<br />

and retail sales, exports and online sales, each<br />

aspect of this family-run business reflects the<br />

values and attributes held dear by the founderdesigner.<br />

Contemporary, compelling and<br />

competitive<br />

Surabhi’s designs are traditional and<br />

contemporary at the same time. The brand’s<br />

flagship store, located at the premiere heritage<br />

hotel of Jaipur, the majestic Narain Niwas<br />

Palace, has a vast assortment of designer<br />

masterpieces and collections including timeless<br />

Royal entrance of the Lal Haveli<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 113


Special FocuS<br />

Flagship Store at Narain Niwas Palace, Jaipur<br />

jadau jewellery that displays the elegance of<br />

the regal Rajputana; dazzling diamond and<br />

precious coloured-stone accessories crafted for<br />

the modern day diva; beaded strings and jewels<br />

in contemporary, daily wear designs; Vintage<br />

Victorian and Edwardian pieces for those who<br />

prefer antiques; a unique jewellery collection<br />

for children; stylish jewels and accessories for<br />

men and a host of silver gifts and collectables.<br />

The founder extraordinaire<br />

Surabhi is an alumna of the renowned<br />

<strong>Jeweller</strong>y Design and Technology Institute<br />

with over 15 years of design experience.<br />

She has previously worked with numerous<br />

international jewellery brands and therefore<br />

imbues each piece with her own unique sense<br />

of aesthetics as well as individualising custom<br />

pieces for her clients with a fine reflection of<br />

the wearer’s personality and style.<br />

The talented designer ensures that ‘Every<br />

jewel in your collection should be as special<br />

as YOU.’ Customizing trousseau wedding<br />

collections and reinventing heirloom pieces<br />

in modern day avatars for a new and more<br />

contemporary look are her areas of expertise.<br />

Currently, the designer is all set to create<br />

history by engaging in the restoration of her<br />

family heritage. The historic Lal Haveli, in<br />

Johri Bazaar (Jaipur’s oldest jewellery market)<br />

was acquired in the year 1871 by ‘Fauzdar’<br />

Munshi Dhannalal Kasliwal from the Maharaja<br />

of Jaipur. It is said that ‘Fauzdar’ Dhannalal<br />

Kasliwal was why Jaipur came to be known as<br />

the Pink City.<br />

Just before the royal visit of the Prince<br />

Edward (then, the Prince of Wales who<br />

later went on to become King Edward VII)<br />

to Jaipur, Munshi Dhannalal Kasliwal had<br />

ordered all houses in the city to be painted<br />

pink. Today, visitors from all over the world<br />

flock to get a glimpse of the unique culture of<br />

this ‘Pink City.’<br />

It is in this historic ‘Lal Haveli’ that<br />

SURABHI Fine Crafted Jewels will open<br />

its second and premium store, in a luxury<br />

boutique hotel.<br />

It was ‘Fauzdar’ Munshi Dhannalal ji’s<br />

descendants Sudhanshu Kasliwal and his wife<br />

Ritu Kasliwal love for their ancestral home<br />

that made them slowly acquire shares of the<br />

Haveli from all his cousins. After the tenants<br />

vacated, the restoration process began so that<br />

the Haveli doesn’t go to shambles. The duo<br />

wanted to give the Haveli back it’s old world<br />

charm, status & lineage. Surabhi was fully<br />

involved in the creative restoration process of<br />

their ancestral property as well with her full<br />

heart and soul. The entire process took around<br />

10 years. The Johri Jaipur @ The Lal Haveli is<br />

a tribute to the visionary founder of the family<br />

and a beautiful new beginning for SURABHI<br />

Fine Crafted Jewels.<br />

114 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Preview of the new showroom at Lal Haveli presided by His Highness Padmanabh Singh Maharaja of Jaipur who was presented a<br />

beautiful cufflink designed by Surabhi. (L-R) Surabhi Kasliwal Godha, Maharaja Padmanabh Singh, Sudhanshu Kasliwal, Ritu Kasliwal,<br />

Siddharth Kasliwal of Gem Palace and Hemant Godha<br />

Munshi Dhannalal Kasliwal ‘Fauzdar’<br />

Dream project: Restoration of Lal<br />

Haveli<br />

“The Lal Haveli is our ancestral home. It’s<br />

owned by my father Sudhanshu Kasliwal. It<br />

is around 200 years old. And was the tallest<br />

heritage building in the walled city of Jaipur,”<br />

Surabhi informs. It has taken almost ten long<br />

years to restore it to its current state.<br />

Over the century, it was occupied by<br />

different tenants and therefore needed a lot of<br />

work. They have used original craftsmanship<br />

like lime, aaraish, etc. for the restoration, so<br />

as to give the Haveli its original look. They<br />

had to hire seasoned karigars who understood<br />

what was wanted of them and implemented<br />

the procedures with great precision. After<br />

rounds of rigorous work, today the Haveli<br />

is restored to its original grandeur and has<br />

been converted into a plush boutique hotel,<br />

The Johri @ The Lal Haveli where Surabhi’s<br />

exclusive jewellery boutique is coming up.<br />

The idea behind restoring The Lal Haveli<br />

was to bring back the old charm it had when<br />

it was bought over by her Great Great Grand<br />

Father Shri Dhanna Lal ji Kasliwal Saheb.<br />

This second store is created in an old classic<br />

Rajputana royal architectural style. It is replete<br />

with intricate jaali work, beautiful chandeliers,<br />

the colour scheme is exuberant. Its interiors<br />

complement the Haveli and promises to be a<br />

visual treat to everyone who visits the luxury<br />

boutique hotel.<br />

The store will house only high end and<br />

exclusive jewellery pieces for men and women<br />

with a stunning range of gold, diamonds and<br />

real gemstones artefacts. The store opens<br />

on <strong>March</strong> 29, which happens to be her<br />

Grandfather Shri Ram Chandra ji Kasliwal<br />

Saheb’s birthday.<br />

Connoisseurs of finesse<br />

All outlets of SURABHI Fine Crafted Jewels<br />

cater to the best connoisseurs and buyers from<br />

all over the world, who know that it is here<br />

that they will get the masterpieces of their<br />

dreams. They all know that their search for<br />

excellence ends here. All of their clients have<br />

a classy design sense. They prefer statement<br />

pieces, a variety of wearable jewellery. The<br />

bridal jewellery which the talented designer<br />

displays is totally customised exactly in sync<br />

with clients taste and outfit.<br />

Tracing the transition<br />

In terms of aesthetics, design and price<br />

range, the demands of the market surely<br />

have a remarkable transition. The jewellery<br />

preference has evolved a lot in the last five<br />

years. Every client wants a unique piece and<br />

the challenge for the artisan is indeed multipronged.<br />

“We have to provide pieces, which<br />

are both contemporary, wearable and strike a<br />

balance between tradition and high fashion<br />

and is at the same time subtle and striking.<br />

Every passing day, it becomes more and more<br />

challenging and for a passionate designer this<br />

challenge offers immense work satisfaction and<br />

joy of creativity,” beams Surabhi. Government<br />

policies and economic pressures sometimes<br />

can become repressive, so as a design house<br />

one has to account for such pressures too.<br />

All in all, one has to strike the right balance<br />

between high creativity and sound business<br />

sense. <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 115


<strong>IJ</strong> PromotIon<br />

Limelight Lab-Grown Diamonds<br />

Pooja Sheth of LimeLight<br />

DiamonDS receiveS et<br />

BuSineSS icon awarD<br />

Pooja Sheth aspires to create a luxury niche brand in the<br />

world of lab-grown CVD diamonds in India<br />

116 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Limelight Diamonds, India’s first luxury<br />

brand offering handcrafted lab-grown<br />

CVD diamond jewellery is pleased<br />

to announce that Pooja Sheth, Founder<br />

& Managing Director was felicitated as<br />

Technology Leader for Sustainable Diamond<br />

Creation at ET Business Icon award on 23rd<br />

January 2020. ET Business Icons, an initiative<br />

by OMS - a Times group company identifies<br />

the contribution of the country’s most<br />

powerful enterprises in their respective fields.<br />

The forte of Limelight Diamonds lies in<br />

offering the most exquisite and carefully<br />

handcrafted diamond jewellery. Their forte<br />

lies in crafting impeccable Type IIa diamonds,<br />

whose lustre is analogous to that of the<br />

legendary Koh-i-Noor. Headquartered in<br />

Mumbai, they are a limited company backed<br />

by one of the world’s largest CVD diamond<br />

labs based in Surat.<br />

Pooja Sheth aspires to create a luxury niche<br />

in the world for lab-grown CVD diamonds<br />

from India. Hailing from an investment banking<br />

background, Pooja has amassed her knowledge<br />

from leading global education schools such as<br />

the London School of Economics and Harvard<br />

With Limelight<br />

Diamonds, we are<br />

making a socially<br />

responsible and<br />

sustainably conscious<br />

effort towards a<br />

brighter future for<br />

everyone in the real<br />

sense by creating an<br />

aesthetic that makes<br />

every design stand out<br />

and with technology<br />

that greatly reduces<br />

the environmental<br />

impact - Pooja Sheth<br />

Business School, USA. Having previously<br />

worked for Barclays Capital in London, she<br />

now heads the strategy and operations for<br />

Limelight Handcrafted Diamonds. Her sound<br />

understanding of management coupled with<br />

a global perspective sets her apart as the newage<br />

leader.<br />

Pooja is a strong advocate of sustainable and<br />

conscious living. With Limelight Diamonds,<br />

she wants to maintain the legacy, superior<br />

quality and yet build the category on the<br />

pillars of responsibility and sustainability.<br />

These diamonds are grown in a lab and not<br />

found in mines, hence they are conflictfree<br />

and sustainable, saving water and land<br />

extraction. The brand has been at the forefront<br />

of showcasing lab-grown CVD diamondstudded<br />

jewellery within the responsible<br />

luxury niche in India and world over. With the<br />

laboratories based in Surat, the Group annually<br />

produces large volumes of lab-produced rough<br />

diamonds, unmatched in the world.<br />

On receiving this award, Pooja Sheth<br />

said,“We at Limelight Diamonds are very<br />

fortunate to be awarded this prestigious<br />

title by ET Business and will forever strive<br />

to deliver quality and an opportunity for<br />

conscious consumers to make a responsible<br />

choice. With Limelight Diamonds, we are<br />

making a socially responsible and sustainably<br />

conscious effort towards a brighter future<br />

for everyone in the real sense by creating an<br />

aesthetic that makes every design stand out<br />

and with technology that greatly reduces the<br />

environmental impact.” <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 117


<strong>IJ</strong> PromotIon<br />

In life we experience many defining<br />

moments that can jolt us, change us or<br />

elevate us. However, what is important<br />

is how one can learn from these moments.<br />

Jaipur-based designer, Sunayana Jain’s story is<br />

all about believing in these defining moments<br />

and following one’s heart.<br />

Having spent over two decades in the<br />

industry Sunayana says, “Initially, I didn’t<br />

get much support from my family. I had<br />

to borrow money to pay for my jewellery<br />

designing course. But when I look at the<br />

way my jewellery label ‘Adore’ is appreciated<br />

by jewellery aficionados, I feel grateful to<br />

the almighty and every defining moment<br />

that guided me throughout my journey. The<br />

experiences of those early days have made me<br />

who I am, a confident woman with deep faith<br />

in myself and blessings of the Lord. My biggest<br />

lesson so far has been to unlearn.”<br />

Sunayana Jain - Adore Jewels<br />

A WomAn of<br />

SubStAnce<br />

With a unique approach to business and an<br />

ever-positive attitude, Sunayana Jain of Adore<br />

Jewels creates beautiful jewels that are truly<br />

one-of-a-kind<br />

Belief in Herself<br />

Jain’s journey in the industry was all about<br />

believing in herself and her skills. She has<br />

gradually worked her way up in the industry.<br />

It wasn’t easy as a female designer to carve her<br />

own niche in an overly competitive jewellery<br />

market in Jaipur. But she persisted and gained<br />

experience while she was working as a<br />

designer, closely with the craftsmen of Jaipur<br />

before launching her own label ‘Adore.’<br />

“Believe in yourself. Do not give up your<br />

vision. After learning from your mistakes;<br />

you will be recognised for the unique work<br />

that you do as a designer. It is important to<br />

remember that no effort is wasted. When<br />

you feel demotivated, relive your childhood,<br />

feel free and don’t restrict yourself with<br />

boundaries,” says Sunayana.<br />

Soulful Jewels<br />

The jewellery industry is filled with designers<br />

but there are only a few like Sunayana Jain<br />

whose designs are beyond time and trends.<br />

Jain’s designs are not only high on aesthetics<br />

and craftsmanship but they also have a soul.<br />

Her designs are indeed mesmerising. Her<br />

118 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Old is Gold<br />

She is also the master of remodelling or<br />

redesigning old silver jewellery into something<br />

sparkling. When it comes to heirloom silver<br />

jewellery, Sunayana can repurpose it into<br />

something new and timeless. “I believe old<br />

is forever gold. No piece of work is useless.<br />

There is a place for everything and you can<br />

create a masterpiece from some of the most<br />

basic things,” says Jain. She feels her creations<br />

are for a woman who desires power and<br />

possesses a sense of individuality.<br />

Sunayana Jain has made a mark in the<br />

industry with sheer talent and hard work, her<br />

persistence has paid off and today she is one<br />

of the most sought after jewellery designers.<br />

“Mistakes should be forgiven. Explore and<br />

find your own voice. Know that there is no<br />

one way to go about anything. I have always<br />

believed that mistakes can be turned into<br />

happy accidents,” she concludes. <br />

jewellery and its fame have made a mark in<br />

the industry. She has held many shows in the<br />

U.S., London and Paris.<br />

Sunayana creates magic using silver, precious<br />

and semi-precious gemstones and a lot of other<br />

alternative materials. Each of her design has a<br />

subject and a message. Each piece is created<br />

using a fine blend of historical or mythological<br />

elements, geometrical or architectural patterns<br />

– they are not just designs that are ready to<br />

make a statement but they tell a story. As she<br />

is based in Jaipur, she incorporates the talents<br />

of master craftsmen of the city who bring<br />

her vision into reality. Each of her bespoke<br />

pieces is meticulously handcrafted under her<br />

supervision.<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 119


Personality<br />

Ellen Joncheere, HRD Antwerp<br />

‘My aiM is to get HRD<br />

antweRp futuRe ReaDy’<br />

To hold the reins of Europe’s leading authority in diamond grading is<br />

no mean feat, accomplishing this daunting task is Ellen Joncheere, the<br />

newly appointed CEO of HRD Antwerp. A multi-talented woman who<br />

has gained immense experience in heading varied organizations, she<br />

shares her future plans with Diamond World<br />

120 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Q: As the newly appointed CEO, what will<br />

your important roles and responsibilities<br />

at HRD Antwerp be?<br />

A: First and foremost, I believe HRD Antwerp<br />

brought me on board to help regain its focus,<br />

to make sure all its branches, departments<br />

and individuals share a common sense of<br />

purpose and are all pulling in the same<br />

direction. One of my key roles will therefore<br />

be to clearly remind our staff of the mission<br />

of HRD Antwerp and the important role it<br />

plays as a leading diamond grading laboratory:<br />

conducting high-level diamond research and<br />

translating that research into services. This is a<br />

broad definition of the role I will play. On a<br />

more specific level, I believe it is my mandate<br />

to create an organisational culture that never<br />

loses sight of the fundamentals: providing<br />

reliable, consistent and quality service, and<br />

communicating effectively with existing and<br />

potential clients.<br />

To be even more specific: I intend to make<br />

sure that HRD Antwerp achieves complete<br />

uniformity when it comes to diamond<br />

grading. Clients must have total certainty that<br />

when HRD grades a diamond, whether it is in<br />

Antwerp, Istanbul or Mumbai, the result will<br />

be the same. Again, it is about taking care of<br />

the fundamentals.<br />

HRD has already built a tremendous brand<br />

and acquired a wealth of knowledge. It is<br />

already respected in the industry. If we are not<br />

performing as we should, that can only mean<br />

we have taken our collective eye off the ball.<br />

I see it as my job to sharpen our focus again.<br />

Q: You’ve joined HRD at a tricky time, the<br />

company itself is going through many<br />

changes – amidst a lot of tasks at hand,<br />

what tops your priority at the moment?<br />

A: My first task will be to streamline our<br />

operations as a whole, to create functional<br />

stability, but this objective is in service of my<br />

top priority, which is to grow HRD Antwerp.<br />

When an organisation goes through changes<br />

such as the ones we have been through,<br />

from management turnover to takeover<br />

negotiations, it is difficult to grow. There is<br />

too much uncertainty. That is why I intend<br />

to focus on our mission, move forward and<br />

regain HRD Antwerp’s market share.<br />

To achieve growth, we also need to adapt the<br />

organisation to the changing environment.<br />

It has been a long time since Antwerp was<br />

the leading polished-diamond trading center.<br />

This is not to suggest that Antwerp no longer<br />

plays a leading role, but rather to recognise<br />

that the polished trade has largely shifted<br />

to India, where HRD has a lab. We need to<br />

grow our client base where the clients are<br />

located, and generate greater awareness of<br />

the services we provide. <strong>Jeweller</strong>y grading is<br />

an excellent example of an opportunity for<br />

growth. Demand for this service is increasing<br />

along with the growing market for heirloom<br />

The diamond industry sinks or swims<br />

according to consumer demand. If consumers<br />

are confused, they might become frustrated<br />

and turn away from our product altogether.<br />

HRD Antwerp can and should play a more<br />

prominent role in educating consumers about<br />

our industry and its product.<br />

and previously-owned jewellery. We should be<br />

marketing this service more effectively.<br />

Another priority is to reposition the HRD<br />

Antwerp brand. As I said, it already has strong<br />

name recognition which could be capitalised<br />

on more effectively. This takes outreach and<br />

smart marketing. Our educational courses<br />

can play a role here as well – I don’t mean<br />

training more graders, but engaging with<br />

jewellers and deepening their knowledge of<br />

diamonds so they can raise their sales game.<br />

When promoted and used effectively, HRD<br />

Antwerp’s educational offering can serve as<br />

a point of entry for new customers and help<br />

generate further growth.<br />

Q: The diamond industry at large is also<br />

going through a rough patch – how<br />

important do you think is the role of a<br />

grading and an educational institute like<br />

HRD at this challenging time?<br />

A: The rough patch the industry is going<br />

through right now does not have a much to<br />

do with grading labs, but the labs do have a<br />

critical role to play in keeping the industry upto-date<br />

and defended against new challenges<br />

that can undermine consumer confidence.<br />

The diamond grading labs are continually<br />

engaged in a cat and mouse game with labgrown<br />

diamond producers. They seek to<br />

develop new ways to evade detection, and<br />

the labs must track their every move and<br />

respond with new detection technology. This<br />

is unfortunate, but is what we are dealing<br />

with. It is one thing if the LGD producers<br />

and retailers promote and sell an alternative to<br />

natural diamonds and compete fairly. But it is<br />

another thing entirely if undisclosed mixing<br />

of natural and synthetic diamonds is done in<br />

order to deceive customers and gain an unfair<br />

advantage. This practice still happens much<br />

more often than one would think. Diamond<br />

grading and detection still have a very<br />

important role to play here.<br />

It has also become imperative that grading<br />

and education combine forces to eliminate<br />

confusion among consumers. People in the<br />

industry might know all about the differences<br />

between the different products, but that does<br />

not mean the consumers do as well. As we<br />

have seen with the Diamond Terminology<br />

Guideline developed by eight leading diamond<br />

organisations, the US FTC guidelines and their<br />

warnings to synthetics retailers about false<br />

labeling, and the recent adoption of European<br />

custom codes for synthetic diamonds,just to<br />

name a few, lab-grown diamonds not only<br />

need to be identified properly, but also named<br />

properly. That is step one. Secondly, consumers<br />

also need to be clearly informed about the<br />

value propositions of the different products,<br />

because there is a great deal of disinformation<br />

out there.<br />

I have given you a long answer. The short<br />

answer is that the diamond industry sinks<br />

or swims according to consumer demand. If<br />

consumers are confused, they might become<br />

frustrated and turn away from our product<br />

altogether. HRD Antwerp can and should play<br />

a more prominent role in educating consumers<br />

about our industry and its product. We might<br />

compete with other organisations for our<br />

share of the pie, but if that pie is shrinking,<br />

everyone loses out.<br />

Q: This is also a completely new industry<br />

for you – do you think an outsider’s<br />

perspective will help bring in more clarity<br />

and focus to the business?<br />

A: My belief is that in most industries we<br />

should step away from always hiring people<br />

coming from the same business, new views,<br />

other experiences bring innovation into the<br />

company.<br />

Q: What did you find particularly<br />

interesting and exciting about this role?<br />

A: As I used to work in very disruptive<br />

environments, I see a challenge for the<br />

diamond industry from lab grown diamonds, a<br />

shift from Antwerp to other countries and the<br />

need for an adapted organisational structure,<br />

another marketing approach etc. In a nutshell<br />

a turnaround is necessary and that is where my<br />

experience lies. <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 121


Special RepoRt RepoRT<br />

Budget Watch<br />

Budget 2020:<br />

Blah at Best!<br />

The Gems and <strong>Jeweller</strong>y industry was hopeful, expecting a few policy level<br />

changes, especially a reduction in import duty on both gold and diamonds.<br />

However, the Finance Ministry gave nothing to jewellers to keep them<br />

buoyant, instead a 0.5 per cent import duty has been imposed on coloured<br />

stones, which was earlier imported tax free<br />

122 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Countless meetings have been held and<br />

deliberations have been made, regarding<br />

ease of doing business in the gems and<br />

jewellery industry. The GJEPC has been<br />

in talks with the Ministry of Commerce<br />

& Industry for an overhaul of policies<br />

to facilitate better exports and to ensure<br />

more customers walk into the stores to buy<br />

jewellery domestically. However, on <strong>Feb</strong>ruary<br />

1, when Finance Minister Nirmala Sitharaman<br />

made announcements one after the other, the<br />

glimmer of hope amidst stakeholders faded.<br />

Not much was announced for the betterment<br />

of this sector that employs 4.64 million and<br />

contributes 7 per cent to the country’s GDP.<br />

With a vision of uplifting the agricultural<br />

sector and doubling farmers’ income, FM said<br />

that an agricultural credit target of Rs 15 lakh<br />

crores would be set by 2021. These farming<br />

reforms will have a positive impact on the<br />

gems and jewellery industry, as an income<br />

growth amidst farmers will in turn lead them<br />

to invest in more gold.<br />

She also announced that smaller exporters<br />

will have higher export credits with a<br />

reduction in premium as well as facilitating<br />

digital refund of duties for exporters. A sum<br />

of Rs 23,700 crores is to be allocated for<br />

the promotion of Ministry of Commerce &<br />

Industry by 2021. In her speech, Sitharaman<br />

also said that foundations would be laid to<br />

make every district an export hub and five<br />

new smart cities would be developed to<br />

rehabilitate the manufacturing prowess of this<br />

country.<br />

Turnover threshold on audit has been raised<br />

to Rs 5 crore from Rs 1 crore in order to<br />

reduce burden on SMSEs. An international<br />

bullion exchange at IFSC in GIFT City,<br />

which will lead to better price discovery of<br />

gold, will create more jobs and enhance India’s<br />

position in such market. “With the approval<br />

of the regulator, GIFT City would set up an<br />

International Bullion Exchange(s) in GIFT-<br />

IFSC as an additional option for trade by<br />

global market participants,” said Sitharaman.<br />

Budget 2020 reversed the dividend<br />

distribution tax (DDT) imposed on dividends<br />

issued by companies. Dividend income will<br />

now be taxed only in the hands of investors as<br />

per the tax rate applicable to their income. So<br />

far, companies were required to pay DDT at 15<br />

per cent, though including surcharge and cess<br />

put the effective rate at 20.56 percent. Foreign<br />

companies received no credit for DDT paid<br />

by their <strong>Indian</strong> subsidiaries. Abolishment of<br />

DDT will enable more foreign investors to<br />

come to India as they can claim a credit of<br />

the taxes paid on dividend in their respective<br />

countries.<br />

Personal tax was simplified for the individual<br />

tax payer. Reduced tax slab for individual tax<br />

payer could have a positive impact on the<br />

G&J industry as consumers will have more<br />

disposable income to buy jewellery.<br />

FM also announced NIRVIK (Niryat Rin<br />

Vikas Yojana) scheme to provide enhanced<br />

insurance cover and reduce premium for small<br />

exporters.“To achieve higher export credit<br />

disbursement, a new scheme NIRVIK is being<br />

launched which provides for high insurance<br />

cover, reduction in premium for small<br />

exporters and simplified procedures for claim<br />

settlements,” she said while presenting Budget<br />

2020-21. Under the scheme, also called the<br />

Export Credit Insurance Scheme (ECIS), the<br />

insurance could cover up to 90 per cent of the<br />

principal and interest.<br />

While many positive changes were<br />

announced for individual tax payers, farmers<br />

and small and mid-scale business owners,<br />

the gemstone industry, especially in Jaipur<br />

was not happy about the impose of a 0.5 per<br />

cent import duty on uncut coloured stones.<br />

This move would make colour stone studded<br />

jewellery dearer where the consumers will<br />

have to shell out more money for jewellery<br />

studded with rubies, emeralds, sapphires and<br />

all kinds of coloured gemstones. <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 123


Special RepoRt<br />

Experts Speak<br />

This rise in<br />

import duty of<br />

rough coloured<br />

gemstones has<br />

the potential to<br />

disrupt the exports<br />

of gemstones<br />

from Rajasthan, the hub of coloured<br />

gemstones processing, which<br />

employs around 4 lakh workers. We<br />

earnestly request the Government<br />

to roll back proposed import duty on<br />

these rough coloured gemstones<br />

in the interest of gemstone exports<br />

from India. The industry welcomes<br />

reduction of import duty on platinum<br />

from 12.5 per cent to now proposed<br />

7.5 per cent. However, we believe<br />

the same should have been made<br />

as a standard import duty for other<br />

precious metals like gold and silver.<br />

We also believe that the NIRVIK<br />

Scheme would result in the increase<br />

of the export credit disbursement to<br />

the gems and jewellery sector. Also,<br />

we understand that the government<br />

has now equated the gold bullion<br />

sector under single import duty<br />

regime by increasing the import duty<br />

on gold coins from 10 per cent to<br />

12.5 per cent. Our demand was to<br />

decrease the import duty on bullion<br />

to 4 percent from 12.5 per cent<br />

Pramod Kumar Agrawal,<br />

Chairman, GJEPC<br />

We had really<br />

expected that<br />

the government<br />

would hear our<br />

concerns about<br />

customs duty<br />

and act on it. But<br />

nothing has been implemented<br />

and there was nothing positive for<br />

the gems and jewellery industry<br />

as such. It’s disappointing<br />

Colin Shah, Vice Chairman, GJEPC<br />

This industry is still dominated by small retailers<br />

and family owned set ups which don’t fall under the<br />

corporate category. The likes of Tanishq and Malabar<br />

forms one per cent of this industry. So there are no<br />

tax reforms for small players. No policy changes have<br />

been announced to boost our exports as well<br />

Shreyansh Kapoor, Kashi <strong>Jeweller</strong>s<br />

Customs duty on rough coloured gemstones, rough<br />

CZ and rough synthetic gems has been imposed at<br />

the rate of 0.5 per cent. This is very disappointing<br />

and will affect the trade of colour gemstones a<br />

lot. This is a trade wholly exportable and levying<br />

any duty will increase cost of the product and in<br />

the international market our products will become<br />

expensive. The gem stone trade which is already<br />

feeling the pinch of global recession will be hit largely<br />

Sanjay Kala, President, <strong>Jeweller</strong>s Association, Jaipur<br />

Budget is favourable for tax payers. More money in their hands would mean that<br />

more money will come into our system. However, we were expecting a cut on<br />

customs duty. Just like they have given relief to the individual tax payers, if the<br />

government focuses on relieving businesses as well, then there will be ease of doing<br />

business and we wouldn’t have to be constantly worried about the bottlenecks. The<br />

announcement of gold spot exchange is a positive move<br />

Rajesh Kalyanaraman, Kalyan <strong>Jeweller</strong>s<br />

124 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


This is the first budget of the decade that has<br />

no announcements for the gems and jewellery<br />

sector and that is a big disappointment. The<br />

announcement of the bullion exchange in GIFT city<br />

seems interesting but further details are awaited.<br />

The budget seems to be a very strategic and long<br />

term one but no cognisance has been taken of<br />

problems on the ground. The changes in income<br />

tax slabs come with riders and will eventually make tax filing more<br />

complicated for the common man. Every individual will now require<br />

an accountant to file taxes. The only silver lining is the SOPs for the<br />

farming sector, if that has a positive impact then consumption of gold<br />

will increase, however, we need to see the fine print of the budget to<br />

accurately judge its impact<br />

Saurabh Gadgil, Chairman & MD, PNG <strong>Jeweller</strong>s<br />

Nothing<br />

has been<br />

implemented on<br />

the duty front.<br />

We expected<br />

the government<br />

to at least<br />

reduce duty to<br />

10 per cent from 12.5 per cent. But<br />

looks like we have to continue our<br />

efforts in presenting our concerns<br />

to the ministry. If the duty remains<br />

at the same level, smuggling will be<br />

on the rise. People may start going<br />

abroad to buy jewellery and this<br />

will in turn affect employment in<br />

our industry<br />

Anantha Padmanabhan,<br />

Chairman, GJC<br />

The budget presented for 2020 has listed some<br />

interesting initiatives. Firstly, bringing down the<br />

direct tax rates is likely to positively impact people’s<br />

consumption patterns. This is a good thing for the<br />

gems and jewellery industry. Also, the boost that<br />

the government intends to give to MSMEs could<br />

tremendously encourage development in rural areas,<br />

which in turn will encourage growth<br />

Jignesh Mehta, Founder & MD, Divine Solitaires<br />

This budget has been made keeping all levels<br />

of the society in mind. Major boosts have been<br />

provided to farming, infra, health and education<br />

sectors, which will increase public spending<br />

and result in a boost to the economy. Tax<br />

payers’ charter is a major step towards ending<br />

harassment. New personal tax regime will result<br />

in huge savings. Amnesty for ending pending<br />

litigations is also a major step. International bullion exchange will<br />

help in greater transparency in domestic gold recycling<br />

Vaibhav Saraf, Director, Aisshpra Gems and Jewels<br />

The focus on logistics through the development of 9000 km of economic corridors is a welcome<br />

move. It will encourage economic transformation and seek to improve connectivity that is much<br />

needed for the growing economy. We look forward to the National Logistics Policy which will<br />

clarify the roles of the Union Government, State Governments and key regulators. We are keen<br />

to know about the e-logistics market as mentioned by FM. It will be interesting to see the thrust<br />

on agri-warehousing and the proposal of running Self Help Groups (SHG) in the villages to reduce<br />

logistics costs. We are hoping that the local economy will revive through the SHG<br />

Rajesh Neelakanta, ED & CEO, BVC Logistics<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 125


ExpErt column<br />

Aftab Bandukwala<br />

Founder, Principal<br />

Architect, V-Design<br />

Architectural<br />

Solutions Pvt Ltd<br />

DESIGN DIRECTIVE<br />

The jewellery sTore chronicles pArT 3<br />

Retail is Detail<br />

In this column, Aftab takes us through a gripping tale of one<br />

of his recent projects, focusing on the details of planning and<br />

discussion between the structural designer and his team<br />

hello again! Time to continue the next<br />

part of the chronicles.<br />

In the first two parts of this chronicle,<br />

I shared the process from identifying the<br />

location to defining the layout, from vetting<br />

requirements to signing off on the concept<br />

for the structure holistic to the overall design<br />

theme for the interiors.<br />

While the demolition of the old structure<br />

was underway we used the time to develop the<br />

detailed designs, first for the structure so that<br />

we would be ready with what we call ‘good<br />

for tendering’ drawings that we can issue to<br />

the structural design team who detail the<br />

RCC and steel of the structure. This process<br />

is also very intense. There is much back and<br />

forth between the structural designer and our<br />

team to ensure that we have a sound structure<br />

which in completely in sync with our design,<br />

both complementing each other to achieve<br />

the common aesthetic goal. We also work<br />

aggressively to ensure a light design so that<br />

there are no unnecessarily bulky beams and<br />

columns, for aesthetics and technicalities such<br />

as services as well as cost of construction.<br />

In due course, the structural design is<br />

signed off by us and we tweak our drawings<br />

to accommodate any changes that may be<br />

required. This done, we are ready to issue the<br />

‘good for tendering’ docket of drawings and<br />

specifications along with a Bill of Quantities<br />

(BoQ) which is an itemised document of all<br />

the work along with the anticipated quantities<br />

leaving the rates to be filled by the contending<br />

contractor. This docket is then released to the<br />

shortlisted contractors from our database and<br />

the client’s reference so that they may bid for<br />

the work.<br />

Typically, a contending contractor would<br />

visit the location to get an idea of ground<br />

realities. They would then need to meet<br />

our team for clarifications and a few days<br />

are allowed for this process once the tender<br />

docket had been issued. After this, on a<br />

predetermined date the bidders submit their<br />

offers. We go through these and call the<br />

The evaluation we<br />

put together for the<br />

client is by way of a<br />

comparative analysis of<br />

individual item rates of<br />

the entire bid as well as<br />

an understanding of the<br />

lowest to highest bidder<br />

contractors for clarifications or guidance in<br />

case we feel that there is something amiss.<br />

Having given the contractors an opportunity<br />

to correct or re-evaluate their submission, we<br />

receive these offers and start the process of<br />

evaluation. The evaluation we put together for<br />

the client is by way of a comparative analysis<br />

of individual item rates of the entire bid as<br />

well as an understanding of the lowest to<br />

highest bidder.<br />

The bidders are then invited for a<br />

negotiation to give them an opportunity to<br />

offer a more competitive bid. From these<br />

offers, the client along with us decides on<br />

two to three teams with whom to hold a<br />

final round of negotiations. At the end of this<br />

process a winning bid is identified and the<br />

contract awarded after finalising terms, both<br />

commercial and technical.<br />

In this duration, the demolition of the old<br />

structure is complete and the site is cleared,<br />

ready to break ground for the new structure.<br />

A date is fixed at the time of award of the<br />

contract allowing reasonable time for the<br />

contractor to mobilise their manpower and<br />

other resources to site. The muhurat ceremony<br />

is held and the contractor starts work on site!<br />

In the next part of these chronicles we<br />

will delve into the construction process and<br />

the work set out for our team at V-Design<br />

Architectural Solutions Pvt Ltd the onward.<br />

126 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Guest column<br />

Branding<br />

The Power of SToryTelling<br />

Powerful brands have powerful stories behind them,<br />

though the reverse may not always be true.<br />

Anil Prabhakar talks about the power of storytelling and<br />

making its magic work for brand building<br />

Stories appeal<br />

to the emotional<br />

side of the brain.<br />

Facts, on the other<br />

hand appeal to<br />

the rational side.<br />

Both are important.<br />

Storytelling with<br />

numbers has<br />

therefore assumed<br />

great significance<br />

during the last few<br />

years<br />

All of us have grown up listening to<br />

stories since childhood. We have heard<br />

stories from our grandparents, parents,<br />

teachers as well as friends.<br />

As we grow up, we begin to tell stories to<br />

our friends, nephews and our children. All of<br />

us remember the stories such as the hare and<br />

the tortoise, the monkeys and the capseller that<br />

we heard during our school days. However,<br />

very few of us remember the Pythagoras<br />

theorem or the Archimedes principle that we<br />

had learnt by heart during our childhood.<br />

Stories appeal to the emotional side of the<br />

brain. Facts, on the other hand appeal to the<br />

rational side. Both are important. Storytelling<br />

with numbers has therefore assumed great<br />

significance during the last few years.<br />

Successful financial analysts understand<br />

that if a company has a story, it does better.<br />

Aswath Damodaran, author, professor at New<br />

York University and an expert on valuation<br />

has written a book, ‘Narrative and Numbers’<br />

in which he states the importance of a story.<br />

According to him in the corporate sector,<br />

there are number crunchers and there are<br />

story tellers. While numbers may be forgotten,<br />

the story is remembered.<br />

Jeff Bezos of Amazon is a great story teller.<br />

Investors and stock markets love stories. None<br />

of the unicorns such as Zomato, Uber or Tesla<br />

have made money. However, investors have<br />

believed in their stories. They hope that one<br />

day the start-ups will make money. In the<br />

jewellery industry online brands like Melorra,<br />

CaratLane, BlueStone have successfully sold<br />

their stories to raise funds.<br />

In the branding perspective, every strong<br />

brand has a powerful story. Every story<br />

however, does not become a strong brand.<br />

When you are launching a brand in an<br />

existing category, you need to do market<br />

research and need data and numbers. You<br />

then need to come up with a story that will<br />

differentiate your brand. But when you create<br />

a demand by launching a brand in a new<br />

category you need a compelling story and<br />

then the data.<br />

Tanishq has been successful due to its<br />

stories. They call it New Tales of Tradition.<br />

Today, consumers are bombarded with<br />

numerous messages through multiple screens<br />

(TV, mobile, laptops, tablets etc.) and it’s<br />

a challenge for marketers to cut through<br />

the clutter and build an emotional connect<br />

with consumers. Storytelling is an age-old<br />

technique to build an emotional connect with<br />

consumers and pull at their wallet, by pulling<br />

at their heart strings.<br />

The Tata Group recently analysed TVCs<br />

using the Nielsen neuroscience approach –<br />

this technique captures the non-conscious<br />

responses of consumers measured through<br />

medical-grade EEG (electroencephalogram)<br />

system consisting of 32 sensors that track<br />

neurological activity.<br />

TVCs that used storytelling approach had<br />

a 20 per cent greater brand cut through as<br />

compared to TVCs without a storytelling<br />

narrative. Storytelling TVCs also had a<br />

significantly higher emotional connect, than<br />

non-storytelling TVCs, resulting in a higher<br />

positive disposition and motivation towards<br />

the brand and its message were five times<br />

more believable. <br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 127


Q & A<br />

Rajesh Neelakanta, ED &CEO, BVC Logistics<br />

FAQs from BVC Logistics<br />

NuaNces of<br />

logistics for<br />

precious goods<br />

Your precious goods need a safe and secure<br />

way of transportation. Though we seek<br />

the help of a logistics company, we are not<br />

thorough about the minor details that make up<br />

a transaction. Rajesh Neelakanta, ED &CEO,<br />

BVC Logistics answers queries regarding<br />

payment, insurance, paperwork and more…<br />

The nature of<br />

cargo being<br />

precious and<br />

valuable, it is<br />

best to use<br />

air transport,<br />

wherever feasible.<br />

This ensures a<br />

swift and safe<br />

movement<br />

avoiding the<br />

travails of road<br />

transportation<br />

pitfalls like traffic<br />

jams, vehicle<br />

breakdown, civil<br />

disturbances,<br />

physical attacks<br />

etc<br />

Q: What kind of boxes and packing<br />

materials are used for precious cargo?<br />

A: For safe and secure transportation of<br />

precious cargo, primary packing is best done<br />

in metal boxes, at the shipper’s end. At the<br />

intermediary end, over-boxing of these<br />

individual customer metal boxes should<br />

be ideally done again in metal boxes. This<br />

unitisation of cargo for carriage helps in<br />

secure transportation.<br />

Q: Who is a contract partner?<br />

A: Any contract will have at least two parties<br />

as signatories to the agreement / contract.<br />

Both the parties are referred to as Contract<br />

Partners.<br />

Q: What is the most suitable mode of<br />

transport for precious goods?<br />

A: The nature of cargo being precious<br />

and valuable, it is best to use air transport,<br />

wherever feasible. This ensures a swift and<br />

safe movement avoiding the travails of road<br />

transportation pitfalls like traffic jams, vehicle<br />

breakdown, civil disturbances, physical attacks<br />

etc.<br />

Q: What is LCL & FCL?<br />

A: LCL is an acronym for Less than<br />

Container Load. Similarly, FCL stands for Full<br />

Container Load.<br />

Q: What is Drayage?<br />

A: Drayage is typically used to describe the<br />

trucking service from an ocean port to a rail<br />

ramp, warehouse, or other destination, on a<br />

short haul basis.<br />

Q: What are accessorial charges?<br />

A: These are charges levied in addition to<br />

freight. Typically, container detention charges,<br />

port / CFS demurrage charges, weighment<br />

charges, hazardous goods handling charges,<br />

multiple delivery charges etc constitute<br />

accessorial charges.<br />

Q: What is Airway Bill?<br />

A: Airway Bill (for air cargo) / Bill of Lading<br />

(for ocean cargo) is a document issued by a<br />

Freight Forwarder and / or a Carrier (Airline<br />

/ Shipping Line respectively) recording<br />

the names and addresses of the Sender of<br />

the cargo (Shipper / Consignor) and the<br />

Receiver of the cargo (Consignee), shipment<br />

value, No. of pieces, description of the goods,<br />

port of lading (origin port / airport) and<br />

port of discharge (destination port / airport),<br />

Carriage terms (INCO terms), special<br />

instructions, if any, Date of shipment etc. In<br />

a way, this is also an acknowledgement of<br />

receipt of cargo for carriage from shipper.<br />

Q: What is subrogation waiver? Why is it<br />

being asked for exhibitions?<br />

A: Waiver of subrogation means the waiver of<br />

right to claim losses / damage. <br />

For more queries related to logistics, please<br />

email ask@bvclogistics.com<br />

128 | february-march 2020 | INDIAN www.indianjeweller.in<br />

JEWELLER


Citrine<br />

From yellow to brownish or reddish orange and everything<br />

in between, citrine comes in an assortment of warm colours,<br />

making it a great autumn birthstone. This variety of quartz has<br />

been used in jewellery for centuries, although most historical<br />

citrine jewellery dates from the Victorian era. Often available in<br />

large sizes and with high clarity, it has become a popular and<br />

affordable choice for everyday jewellery. This stone symbolizes<br />

energy, confidence and success.<br />

Colour<br />

Citrine is traditionally known for its yellow colour. That is<br />

why its name means “lemon-coloured” in French and Latin.<br />

The most valuable citrine is a saturated yellow to reddish<br />

orange without any brown tints. Contemporary jewellery,<br />

however, often features brownish or reddish orange citrine<br />

marketed under delectable names such as “butterscotch”<br />

or “whiskey” citrine.<br />

Sources<br />

The top sources for natural citrine are Bolivia, Spain,<br />

Madagascar, Mexico and Uruguay. However, the majority of<br />

citrine on the market today is heat-treated amethyst from<br />

Brazil. Bolivia is the only commercial producer of ametrine.<br />

To learn more about citrine and other popular gemstones,<br />

visit GIA.edu/gem-encyclopedia<br />

Citrine and amethyst can occur in the same crystal. The<br />

unusual, bi-coloured gem that results is called ametrine.<br />

Clarity<br />

Citrine is known for its clarity and does not typically contain<br />

eye-visible inclusions. Inclusions lower its value.<br />

Treatments<br />

Naturally-coloured citrine is rare; most citrine is amethyst<br />

or smoky quartz that has been heat-treated to change its<br />

colour to yellow.<br />

This article is provided by GIA (Gemological Institute of America ® ).<br />

GIA.edu<br />

Learn More About GIA Education Programmes and Laboratory Services in India<br />

GIAindia.in Email: labindia@gia.edu Email: eduindia@gia.edu<br />

©GIA 2020. GIA® and Gemological Institute of America® are registered trademarks of Gemological Institute of America, Inc.<br />

Images Courtesy of: Arya Esha<br />

ADT190136_India_Advertorial_Citrine_Single_v1.indd 1<br />

INDIAN www.indianjeweller.in<br />

JEWELLER | february-march 2020 | 129<br />

1/29/20 11:47 AM


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