We Communicate Your Leadership Thoughts
We Communicate Your Leadership Thoughts
Ashish Shah , Managing Director, Gold Star Jewellery
"Hardships often prepare ordinary people for an extraordinary destiny". Quoted by the renowned British writer, C.S Lewis, the connotation of these words intrinsically reflects on the fact that the path to success is decked with the toughest hurdles. A tragedy in his life the demise of his father was the catalyst that eventually propelled Ashish Shah, the Managing Director of Gold Star Jewellery, towards the jewellery business as a formal mode of earning. From starting his journey as a diamond assorter, Ashish while moving forward learned about everything from rough uncut diamonds to grading and bagging. In 1991, when Gold Star entered the jewellery market, it was an almost mint market that didn't have a lot of players. The hunger to learn more kept Ashish going and he also envisioned establishing a hold over the market. He soon started acquiring all the traits and skills required to manufacture jewellery. The desire to excel pushed him to test his limits. It paid off, as Ashish soon became the MD of the firm and subsequently helped the organization grow much more prolifically.
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Top 10 Leaders in Gems & Jewellery - 2021
The art of jewelry making has a long history dating back to the age of Indus Valley civilization. The country also has abundance reserves of these exorbitant minerals and high skilled craftsman capable of shaping them into fine art. This makes India one of the biggest exporters of jewelry and gold. After a slump induced by pandemic and lockdown, India's gold export rebounded in 2021. Commerce and Industry ministry has stated that the export of gems and jewellery doubled in the first seven months of the financial year 2021-2022 compared to same period last year. According to data published in the website GJEPC, barring 2020, the value of Indian gems and jewellery exports has hovered around an annual figure of $35-40 billion over the past four years. They stood at approximately $40.9 billion in 2017-18, $39.7 billion in 2018-19, $35.5 billion in 2019-20 and $25.6 billion in 2020-21.
US is the biggest importers of jewellery and steadily growing market of Indian diamonds. But Indian gold and diamond jewellery is facing strict competition from Chinese counterparts. Even in India, we are using imported jewels from China and Hong Kong due to their high product quality made using state-of -the-art technology. India lags behind in using technology in jewelry making. Still, we are dependent on traditional methods for crafting jewels, which is a main drawback for the sector in our country.
In this issue of CEO Insights, we bring you a list of 'Top 10 Leaders in Gems & Jewellery - 2021' who have contributed to the economic development of the country. The list has been crafted by a team of CEOs, VCs and the CEO Insights editorial board, thus delivering inspiring stories of their journey and the contributions & roles played by them in the creation and empowerment of a powerful nation.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Leaders in Gems & Jewellery - 2021" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Ashish Shah,Managing Director | Gold Star Jewellery | Having helped Gold Star grow from Rs.55 crore to Rs.1100 crore, Ashish today is seamlessly engaged in keeping his firm at the pinnacle |
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Dinesh Kankaria Kumar,Managing Director | PMJ Gems & Jewellers | A creative entrepreneur who leads an exceptionally talented team of craftsmen and promises to deliver best quality jewelry handcrafted with rarest of precious gems |
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Gaurav singh kushwaha,Chief Executive Officer and Founder | BlueStone | His entrepreneurial journey spans more than half a decade, carving out short term and long term strategies that contribute to the brand's growth and its consolidation in the jewellery e-Commerce market |
 |
Lachhman Karamchandani,Founder | Gemsstar Jewelers | A keen networker with a talent for Sales and Operations Management, he has been instrumental in the business's success and is an inspiration to all the members of the organization |
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Mehul Oswal,Director | Mahendra Jewellers | Has played a key role in uplifting the brand of Mahendra Jewellers and establishing it as one of the front runners in the Indian jewelry domain |
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Moosa Raza,Chairman | Adyan Gems & Jewellery | An industry professional with profound knowledge of various aspects of the jewellery industry |
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Navneet Patel,CEO | Patel Jewellers | Believes in a customer centric approach and strongly believes in the values instilled by Maganbhai Patel that revolves around modesty, customer friendliness, honesty, and timeless customer relationships |
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Sheetal Bamalwa,Co-owner | Nemichand Bamalwa & Sons | Sheetal has prolific skills in jewelry essentials. She completed Bachelor Engineering in Computer Engineering and has certifications in Metal and Jewelry Arts (associate's degree). With her licenses and certifications in Colored Stone Essentials, Diamond Essentials and Jewelry Essentials, Sheetal gained exciting new skills with which she is contributing to the development of the company. |
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Shricharran Rangarajan,Founder & CEO | Sri Vasavi Thangamaligai | Seasoned business development professional with an Engineering Degree and Management Degree in Marketing of Luxury goods in offline stores and e-Commerce platforms |
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Srinivasan K,Owner | Emerald Jewel Industry | An industry stalwart who is well-established in the industry, he is leveraging his immense experience and has been able to take Emerald Jewel Industry towards greater heights in the industry |
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