The accreditation reinforces the brand’s commitment to transparency and accountability
Mumbai: Legacy jewellery house Jagannath Gangaram Pednekar (JGP) Jewellers has strengthened its commitment to transparency, accountability and consumer trust with the Indian Association for Gold Excellence and Standards (IAGES) accreditation received across its 24 stores in Maharashtra and Goa.
As India’s gold industry moves towards formalization, legacy jewellers remain aligned on the need for standardized frameworks and ethical practices across the gold value chain. The IAGES is a Self-Regulatory Organization (SRO) set up by and for the Indian gold industry to bring clarity and accountability among retailers, manufacturers, refiners, bullion traders, assaying and hallmarking centres and digital gold sellers across business practices. The accreditation is awarded after a comprehensive assessment conducted by an independent third-party assessor.
“We’ve successfully built our brand over seven decades on pillars of trust, authenticity and transparency. The IAGES accreditation further reinforces our promise to consumers that they will always be welcomed with the highest values and the promise of ethical sourcing and transparent business practices when they walk into any of our stores. We look forward to working together with our contemporaries to reshape the gold industry into becoming a globally accepted, future-ready reality,” said Anand Pednekar, Director, Jagannath Gangaram Pednekar Jewellers.
The IAGES accreditation is beneficial for both gold businesses and consumers. For jewellers, it reflects verified practices, ethical conduct, operational standards and consumer trust and loyalty, while for consumers, it indicates that their accredited retailer has sourced and manufactured gold after meeting defined standards of authenticity and integrity.
“Our mission with IAGES is to bring greater structure and global alignment to India’s gold industry while addressing the need for formalization within the domestic market. We are pleased to welcome Jagannath Gangaram Pednekar Jewellers to the network. Their accreditation highlights their commitment to industry standards and excellence, reflecting the values of integrity and responsibility that we stand for,” said Kaushlendra Sinha, CEO, IAGES.
IAGES is currently driving awareness through its ‘Before you buy gold, #PehlaCheckIAGES’ campaign, encouraging consumers to check for IAGES accreditation before choosing their gold retailer.
Established in 1950, Jagannath Gangaram Pednekar Jewellers brings over 75 years of craftsmanship and jewellery designs and operates 24 locations across Maharashtra and Goa as of March 2026.
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