GJC Connect September 2023
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GOLD MELTING MACHINE
250 GM TO 300 GM
3 IN 1 CASTING MACHINE
BAR MAKING MACHINE
CRUCIBLE GRAPHITE
BONDED
BAR CASTING 45 KW
CASTING MACHINE
CRUCIBLE GRAPHITE
GOLD MELTING MACHINE
500 GM TO 2 KG
GOLD MELTING MACHINE
5KG TO 60 KG 3PH
Manufacturer Of Induction melting machine, Casting Machine
& Accessories, 3D Printer and Industrial Heating machine
and Delivering Excellent Service For more than 25 Years.
www.shapet.com
SHAPET INDUCTION COMPANY
Plot No.: 4/Sub Plot No.4B-1, Survey No. 149, Near Parin Furniture,
Gondal Highway 27 B, Vavdi, Rajkot - 360004. Gujarat (India)
+91-281-2331661 +91 98794 61162
sale@shapet.com
tarting as a small company, Shapet
Electric Co grew into Shapet
Induction Company, with clients
from all over the world. The secret
behind Shapet Induction Company’s
success was their commitment to quality,
performance, and customer satisfaction.
Their induction furnaces were not only
efficient but also eco-friendly, making
them the preferred choice for various
industries worldwide. Shapet Induction
Company’s skilled technicians and
engineers worked continuously to
improve their designs and technology,
always staying ahead of their competitors.
Today, Shapet Induction Company is
a global leader in induction furnace
manufacturing, with a reputation for
excellence and innovation. Every furnace
they make is a masterpiece, designed to
meet the unique needs of their clients and
exceed their expectations.
VISION:
With the ever changing trends &
innovation in jewellery & manufacturing
Industries “staying one-step ahead” to
contribute to the success & growth of our
esteemed clients by helping them achieve
their production goals with our state-of-
the-art equipment.
MISSION:
At “Shapet Induction Company” - The
Quality & Prestige are the first is our
mission. Owing to our resources of
Leadership & Expertise, our mission is
to provide efficient, reliable, Zero defect,
Low maintenance cost, high Quality &
Customized “SHAPET” Brand Products
that enable our clients to achieve optimal
melting performance and productivity
as well as services that meets the unique
needs & expectations of customers of
Jewellery & Industrial Sector.
Developed in compliance with the
specifications laid down by our clients,
these machines are offered to our clients
at market leading prices. Further, owing
to our wide distribution network, we
have been able to make timely delivery
of these machines at our clients’ end. We
also provide customized solutions to our
clients so as to meet the specific needs
and demands of our clients. Besides
offering user manual, we also provide
installation training to our clients for
proper operation of the machines. Since
its inception in 1995, our each product
most appreciated worldwide & have a
very wide satisfied clients across the
country & abroad.
“SHAPET” Brand products currently
Exported to many other countries
worldwide like: Malesiya, Ghana,
Bahrain, Singapore, Sharjah (UAE), Iran,
Iraq, Bangladesh, Sri Lanka, South Africa,
Nepal, Pakistan etc.
Our esteemed Satisfied Clients in
Jewellery filed in India are:
Reliance Jewels , C. Krishniah Chetty
& Sons , Khazana Jewellery Pvt. Ltd. ,
Malabar Gold & Diamond, GRT, Indian
Government Mint, MMTC Pump
India Pvt. Ltd., Sanco Gold Jewellery,
Joyalukkas & many more.
To create better future of global
customers & explanations of business
of “Shapet Induction Company” has
made itself easily access for Jewellery &
Manufacturing Industries trough making
present on a Digital Platform, National
-International Exhibitions, Media-Press,
Magazines, regular Visit of foreign
country & and through our various
extraordinary marketing Strategies to
expand our business, where we put all
our effort & force to reach from Gujarat
to Global Market.
We are recently invited by Saudi Arabian
Sponsors Company to take part in
JEWEL OF SAUDI 2023 (allotted Stall
No.: MB-12) Exhibition during above
21st –23rd October 2023, which is
scheduled to take place at Jeddah Centre
for Forums & Events, Jeddah.
Leading
Induction Furnace Manufacturer
At award Ceremony
“PRESTIGIOUS PRIDE OF SAURASTRA”
presented by the Honorable Chief Minister Shri Bhupendrabhai Patel to
the Director of “SHAPET INDUCTION COMPANY” -
Mr. Ashok B. Chikani - Marketing Director & Mrs. Darshi Chikani
(Chief Finance Officer)
FROM THE CHAIRMAN’S DESK
Dear Members,
GJS-India Gem & Jewellery Show, a marquee initiative by the GJC begins
on 30th September 2023, just ahead of the Diwali festival, a peak season for the industry.
We have 800+ exhibitors displaying a wide range across sections from gold, diamond,
platinum, colour stone and machinery and antique couture jewellery—all under one roof.
Spread across almost 250,000 square feet at the Jio World Convention Centre, it is going
to be a one-stop solution for all the business needs of retailers. The honourable Governor
of Maharashtra Shri Ramesh Bais will inaugurate this much-awaited event.
The expo is indeed going to be a trendsetter in the gem and jewellery industry this
year, as many manufacturers plan to launch new products showcasing the latest trends
and designs. This will empower retailers to elevate their offerings with innovative designs,
creating a compelling shopping experience for their customers during the upcoming
festive and wedding season. This will also help them remain competitive and capture a
larger share of the market while satisfying the evolving preferences of their clientele.
We are expecting over 10000+visitors from within the country and 300 visitors coming
from the Middle East. This year is going to be very exciting for the industry as we have
two Gala Events planned this season—the IJFC Shopping Festival and the National
Jewellery Awards. We also plan to conduct five knowledge-sharing seminars spread across
three days.
GJC Connect, is a platform through which we share market-relevant trends, and stories
to help our members stay abreast of the latest in the industry. In this issue, we explore the
latest trends in jewellery marketing and discuss how online platforms such as Instagram
and Facebook can be used to attract newer customers.
Looking at the industry growth, it is increasing around 5-7% every year. Although
gold prices are increasing so are the demand and gold sales, but what has decreased is
the exports. The domestic demand is at an all-time high—with sales picking up even
in smaller districts, towns and across 6 lakh villages in India. It is a healthy sign for the
industry, and for retailers who want to expand exponentially—sky is the limit!
Best Regards,
Saiyam Mehra
SAIYAM MEHRA
Chairman, GJC
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taying ahead in business means staying updated—embracing the latest
design trends, marketing tools, and technologies to remain relevant in a rapidly evolving
market. In this context, exhibitions such as the Gem & Jewellery Show (GJS) organised
by GJC play a vital role in helping retailers prepare for the busiest business season—
Dusshera, Diwali and the upcoming wedding season—which bring heightened demand
and increased business activity. The upcoming GJS set to take place at the state-of-the-art
Jio World Convention Centre, will empower retailers to curate an inventory that boasts
high-quality and innovative jewellery offerings.
Our exhibitions have been a testament to quality and innovation at the best prices. The
GJC council strives to ensure that all stakeholders—retailers, manufacturers, wholesalers,
and customers—in the gems and jewellery value chain gain the most from these events.
While it is primarily a B2B exhibition, the incubation of design and innovation at
the manufacturing stage, combined with competitive pricing, is sure to resonate with
retailers. This will result in enhanced value for end consumers and thereby serve as a
comprehensive, integrated solution for the entire value chain.
The rise of gold prices is a natural phenomenon and with the rise in demand, it ought
to rise. It is not going to impact the industry in any way, irrespective of the geo-political
scenario. Gold and silver are precious metals that are going to stay in the long run and we
hope that this festive season will be a fruitful one for everyone in the industry.
This issue of GJC Connect brings you several articles that provide relevant insights on
industry best practices. The lab-grown diamond jewellery is steadily becoming a consumer
consideration. Our cover story seeks to explore this sector’s industry growth opportunity
and the trends in this sector. Elsewhere, we discuss the latest trends in jewellery marketing
and discuss some of the newer platforms that retailers and manufacturers could use to
reach their target audience.
The history of jewellery is fascinating—from stone to wood to metals such as silver and
gold. And history holds many valuable lessons that could be valid even today. We trace
the evolution of the ubiquitous gold coin—from being an investment tool to being the
centrepiece of statement jewellery. We also take a page from today’s trends and discuss the
Barbie-Oppenheimer phenomenon in jewellery. Apart from these, we also feature several
standout designer jewel collections.
We look forward to your suggestions and feedback on GJC Connect. These will help us
present content that is most relevant for the industry.
Happy Reading
Suyash Sanjay Agrawal
FROM THE EDITORIAL DESK
Dear Members,
SUYASH SANJAY AGRAWAL
M A N A G E M E N T N O T E
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