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Indian Jeweller (IJ) June - July 2020

Every kind of Manpower issue Covid is causing, and how jewellers are finding solutions | The case of 5 Epic sales jewellers made during & after lockdown | The Futurist - Top manufacturers predict design trends that will rule the roost and much more..

Every kind of Manpower issue Covid is causing, and how jewellers are finding solutions | The case of 5 Epic sales jewellers made during & after lockdown | The Futurist - Top manufacturers predict design trends that will rule the roost and much more..

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Special SpecIal Feature<br />

Image & <strong>Jeweller</strong>y courtesy:<br />

Raniwala 1881<br />

Bangle & earrings: Rosentiques<br />

Design Decree<br />

How tHe pandemic<br />

is cHanging tHe<br />

Language of design<br />

From using less gold to focusing on pieces that are rich in tradition<br />

and craftsmanship, to embracing old-world techniques and<br />

exploring Nature as an inspiration even more, here’s how India’s top<br />

manufacturers are getting ready for the world ahead<br />

The gems and jewellery industry has<br />

been the closest to Nature, whether<br />

it was mining for her treasures or<br />

polishing it to match the natural shine<br />

of the sun and stars. Nature has always<br />

bestowed its best on artisans of this<br />

industry.<br />

<strong>Jeweller</strong>y manufacturers from every<br />

part of the country and all over the world<br />

work in sync with the glories of Nature,<br />

capturing it in their designs.<br />

The pandemic-induced economic<br />

decline has set a New Normal for one<br />

and all, so also when it comes to design<br />

elements. There’s a fine balancing act,<br />

which manufacturers need to strike,<br />

especially since gold prices are at an alltime<br />

high; demand is low and there’s<br />

less scope for experimentation. They<br />

have to bring in new designs, which are<br />

affordable, cost efficient and irresistible at<br />

the same time.<br />

<strong>Jeweller</strong>y that is high on trust &<br />

emotional quotient<br />

Says Abhishek Raniwala of Raniwala<br />

1881, “People are inclined to buy jewellery<br />

from the brand they trust.They are<br />

looking for security of their investment;<br />

if it can give them good returns on<br />

investment. Emotional quotient will play<br />

an important role in buying of jewellery<br />

in the post pandemic world.” Gold prices<br />

are reaching a new high. Most G & J<br />

retailers are trying to assure customers<br />

that they are getting the best buy at the<br />

current prices. They are getting value for<br />

money. Customers want to buy believable<br />

jewellery. They may not choose to do a<br />

casual purchase. Adds Abhishek, “We are<br />

trying to bring in better aesthetics and we<br />

have improved our customer relations and<br />

provide best prices and best service to our<br />

customers.”<br />

14k gold for the win<br />

Interestingly, as gold prices increase,<br />

demand for gold has not reduced, unlike<br />

the trend that is generally observed<br />

for other goods. “We manufacture<br />

bridal jewellery and polki in particular.<br />

Weddings are going to happen,<br />

irrespective of the pandemic. So we will<br />

not make dramatic changes in the timetested<br />

bridal jewellery designs. In a post<br />

pandemic world, these typical pieces of<br />

jewellery will be of great value ,” informs<br />

Amish Kothari, Rosentiques. Most<br />

manufacturers are striving to make more<br />

of 14 carat jewellery – and are using more<br />

studded gems and diamonds, primarily<br />

because gold has become expensive, so<br />

People are inclined to<br />

buy jewellery from the<br />

brand they trust.They are<br />

looking for security of their<br />

investment. Emotional<br />

quotient will play an<br />

important role in buying<br />

of jewellery in the post<br />

pandemic world<br />

Abhishek Raniwala,<br />

Raniwala 1881<br />

Weddings are going to<br />

happen, irrespective of the<br />

pandemic. So we will not<br />

make dramatic changes<br />

in the time-tested bridal<br />

jewellery designs. In a post<br />

pandemic world, these<br />

typical pieces of jewellery<br />

will be of great value<br />

Amish Kothari,<br />

Rosentiques<br />

38 | june-july <strong>2020</strong> | INDIAN JEWELLER<br />

INDIAN JEWELLER | june-july <strong>2020</strong> | 39

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