Bollywood Stars Anupam Kher and Sonali Bendre Present The 48th Edition of India Gem & Jewellery Awards, Organised By GJEPC in Mumbai

  • A total of 35 awards were given away at IGJA 2021  
  • Mr. Praveenshankar Pandya, the director of Revashankar and former chairman of GJEPC, received the Lifetime Achievement Award 
  • Upcoming Exporter of the Year, Global Retailer of the Year, Export to Highest Number of International Clients & Importing Countries, and Best E-Commerce platform are the 4 new categories added this year

The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 48th edition of India Gem and Jewellery Awards (IGJA), in association with World Gold Council, powered by GIA and co-partner Gold Star. A total of 35 awards were given away at IGJA 2021, one of the foremost recognition platforms for the jewellery sector in India, encouraging exports and award excellence in manufacturing, finance and innovation. The awards were presented by Bollywood stars Mr. Anupam Kher and Sonali Bendre along with Mr. Colin Shah, Chairman GJEPC; Mr. Sriram Natarajan, MD, GIA; Mr. Mansukh Kothari, Convener, Events, GJEPC; and Mr. Sabyasachi Ray, Executive Director, GJEPC amongst others. The event was organized on 3rd August in Mumbai.

In alignment with the evolving business scenario, the 48th edition of IGJA had new award categories such as Upcoming Exporter of the Year, Global Retailer of the Year, Export to Highest Number of International Clients & Importing Countries, and Best E-Commerce platform. 

Speaking on the occasion, GJEPC Chairman, Mr. Colin Shah said, “Tonight, GJEPC salutes the entrepreneurial spirit of the Indian industry by honouring the top performers at the India Gem & Jewellery Awards 2021.The awards tell a story about how Indian companies and individuals not only navigated through one of the toughest periods but also recovered exports to pre-covid levels by overcoming challenges and seizing opportunities.  

“Going ahead, the newly implemented trade agreements with the UAE and Australia are a game changer. And in addition to boosting export growth, they will also motivate MSMEs to access overseas markets by creating a favourable business environment.” 

“While we applaud the entrepreneurial spirit exhibited by the Indian business community, our scale of expansion would not have been possible without the substantial assistance provided by the Government in the form of policies that promote trade and that foster a favourable business climate through ongoing communication.”

Mr. Anupam Kher said, “The Gem and Jewellery sector contributes immensely to the economy, and these awards are a way to appreciate the performance of players in the industry. The IGJA helps so many small enterprises and business owners in the sector that it boosts industry morale. My sincere congratulations go out to the IGJA 2021 award recipients. I wish the Council and the sector every success and hope they keep up the fantastic work they’re doing to promote the industry.”

Iconic actress Sonali Bedre said, “I am so welled up to see entrepreneurs who are relentlessly working towards this collective dream of contributing more and more to the exports of the country. Congratulations to all the award winners and wish GJEPC all the very best for their future endeavors.”

Mr. Vipul Shah, Vice Chairman, GJEPC said, “The resilience of India’s recent growth demonstrates the potential of the gem and jewellery industry. Last year, the gem and jewellery industry contributed a tenth to the India’s overall export target of USD 400 billion. I am sure the industry is all set to achieve its new target of USD 45.7 billion in exports for the year2022-23.”

Mr. Mansukh Kothari, Convener, Events, GJEPC, said, “The rapid change being witnessed in the industry is demonstrated in the awards too, as some older categories make way for new ones. The large number of nominations received are a testament to the sense of pride and competition that the IGJA fosters among trade members.”

IGJA provides a platform for recognising and rewarding top performance in the industry. The awards support the MSME sector and celebrate successful women in order to motivate many more to achieve success. Companies from all over the nation, representing various sizes and product categories, are progressively participating in IGJA. The prizes are separated into three sizes: large, small, and medium. Outstanding performers in each size category are appropriately honoured.

The Winners of IGJA 2021:

Sr. No. Award Categories Name of the Award Type of Winner Name of Winner
1 Industry Performance Awards Precious Metal Jewellery – Plain (Large)
Exports Above Rs. 250 crore
Winner Hasmukh Parekh Jewellers
2   Precious Metal Jewellery – Plain (Medium)
Exports Above Rs. 100 crore upto Rs. 250 crore
Winner Zenith International
3   Precious Metal Jewellery – Studded (Large)
Exports Above Rs. 500 crore & above
Winner Gold Star Jewellery Private Limited
4   Precious Metal Jewellery – Studded (Medium)
Exports Above Rs. 100 crore upto Rs. 500 crore
Winner Jewel One
5   Precious Metal Jewellery – Plain & Studded (SME)
Exports Below Rs. 100 crore
Winner Shish Jewels
6   Precious Metal Jewellery – Plain & Studded (SME)
Exports Below Rs. 100 crore
First Runner-up Shree Momai Krupa Jewellers
7   Cut & Polished Diamonds (Large)
Exports Rs. 1000 Crore & above
Winner Kiran Gems
8   Cut & Polished Diamonds (Medium)
Exports Above Rs. 250 crore upto Rs. 1000 crore
Winner Dhanera Diamonds
9   Cut & Polished Diamonds (Small)
Exports Below Rs. 250 crore
Winner Oopal Diamond
10   Silver Jewellery Winner Renaissance Global Limited
11   Cut & Polished Colored Gemstones Winner RMC Gems India Limited
12   Cut & Polished Colored Gemstones First Runner-up Ashok Jewellers
13   Costume/ Fashion Jewellery Winner Derewala Industries Limited
14   Cut & Polished Synthetic Stones Winner RMC Gems India Limited
15 Special Recognition Awards Award for Best Innovation in Digital Marketing Winner Fortuna Retail Private Limited
16   Woman Entrepreneur of the year Winner Ms. Renu Sharma from Rajwarah Jewellers Pvt Ltd
17   Most Socially Responsible Company (CSR) Winner Laxmi Diamond Private Limited
18   Award for Innovation in Manufacturing Winner Kiran Gems
19 Other Awards Highest Employment on the Company Rolls Winner Malabar Jewellers
20   Highest Taxpayer Company Winner Kiran Gems
21   Global Retailer of the year Winner Malabar Jewellers
22   Upcoming Exporter of the year Winner Shivam Jewels
23   Highest Turnover Winner Kiran Gems
24   Best E-Commerce Platform in Gems & Jewellery Sector Winner Fortuna Retail Private Limited
25 Felicitation Awards Lifetime Achievement Award Winner Mr. Praveenshankar Pandya
26   Highest Gems & Jewellery Sales (Importer) Winner Kiran Exports (Hong Kong) Limited
27   Highest Gems & Jewellery Sales (Importer) First Runner-up Kiran Exports (Nv)
28   Highest Gems & Jewellery Sales (Importer) Second Runner-up Unique Design Inc
29   Export to highest number of international clients and importing countries Winner Fortuna Retail Private Limited
30 Banks and Agencies Supporting the Gems and Jewellery Industry Awards Best Bank Financing the Industry (Highest number of clients) Winner State Bank Of India
31   Best Bank Financing the Industry (Highest Growth of limit sanctioned with Minimum base of Rs 500 crore) Winner IndusInd Bank Ltd

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