Solitaire International - July 2017

In this issue

The industry is eagerly awaiting the 34th edition of the India International Jewellery Show (IIJS) which has become one of the most important events for the trade. The Indian industry is just about shaking off the effects of the past twelve months, including excise, demonetisation and sluggish demand, and the period of wait and watch now seems to be over. The optimism of manufacturers is also shining through in their fresh and innovative offerings that will be on display at IIJS.
The IIJS comes barely a month after the rolling out of GST, which is pegged at 3% on gold jewellery, a move that has been unanimously welcomed by the industry. However, the 0.25% GST on rough diamonds – which were hitherto untaxed – has received sharp criticism, owing to the tedious process of refunds.
Bullion analyst Sanjiv Arole in the Cover Story studies the impact of GST on the various segments of the industry. He notes that while the intention of the government is laudable, the implementation could have been better.

Brilliant 2018 At The Heart Of Antwerp Diamond Year

The ninth edition of BrilliAnt – the Antwerp Diamond Trade Fair will be of the highlights of Antwerp’s Diamond Year 20172018.

1 min

De Beers Diamond Jewellers Revamps Harrods Store

De Beers is proud to continue its legacy as the ‘Home Of Diamonds Since 1888’ with a refined new store in the Fine Jewellery Room at Harrods. 

1 min

JJS Gears Up For December Show

The Jaipur Jewellery Show (JJS), the country’s largest combined business-to-business (B2B) and business-to consumer (B2C) jewellery show, will be held from December 22nd to 25th at the Jaipur Exhibition and Convention Centre (JECC) in Sitapura.

1 min

HK's 4,455+ Employees Take Part On International Yoga Day

Hari Krishna Group organised a yoga programme on 21st June 2017, International Yoga Day in its factory premises in Surat, and sales offices at BKC and SEEPZ, Mumbai.

1 min

Signet Confirmed For 4 Consecutive Years As 'Conflict Free'

Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, recently submitted its fourth consecutive Conflict Minerals Report to the SEC in accordance with Section 1502 of the Dodd-Frank Act. 

2 mins

Business In The GST Era

Bullion analyst Sanjiv Arole evaluates the pros and cons of the recently implemented Goods & Services Tax (GST).

10 mins

Riding The Silver Wave

Silver jewellery consumption has rapidly grown in the last ten years but there are very few players in the organised silver jewellery space. Shanoo Bijlani and Aliya Ladhabhoy interviewed silver jewellery brands and jewellery designers to gain a deeper insight into the white metal.

5 mins

GJEPC To Set Up IIGJ Centre In Udupi

The Gem & Jewellery Export Promotion Council (GJEPC) laid the foundation stone for a premier gem and jewellery training institute in Udupi, Karnataka, on June 16th.

2 mins

US Diamond Jewellery Demand Reaches $41 Bn

Total diamond jewellery demand from US consumers increased 4.4% in 2016 to exceed $40 billion for the first time, according to industry insight data published by De Beers. 

2 mins

Congo's Bad Year Is About To Get Worse

For a country that has witnessed millions of deaths, brutal colonial rule, and devastating dictatorship, the past year in the Democratic Republic of Congo still stands out as a bleak one.

7 mins

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Solitaire International Magazine Description:

Solitaire International is India’s leading B2B magazine on the gem and jewellery trade. With more than 20 years behind it, the monthly publication is today recognised in India and the world over as a quality publication in trade journalism. The magazine is referred to by the global trade sector for information on India and its industry.