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KGK Group won two meritorious titles at JNA Awards 2020

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A more than a century old global conglomerate was bestowed upon with Industry Innovation of the year – Technology and Outstanding Enterprise of the Year – EMEA at JNA Awards, in a hybrid award ceremony.

As one of the pioneers in the gems and jewellery industry, KGK Group is renowned for its passion for artistic excellence and commitment to exceptional quality. KGK’s consistent growth, outlined by innovation, has strengthened its vertically integrated business portfolio ranging from mines to brands.

“We are delighted to have a long-standing association with the JNA Awards. This initiative gives us a valuable opportunity to connect ourselves with various industry partners and associates that demonstrate innovation, creativity, outstanding leadership, sustainability and best business practices.” states Mr. Sanjay Kothari, Vice Chairman, KGK Group.

Going forward with endeavours across the globe, KGK has significantly invested in new product designs, techniques, innovative approaches and efficient online business models to best serve the ever-growing and rapidly changing preferences of its valued patrons. And this is what has resulted in this commendable victory at JNA Awards.

Industry Innovation of the Year – Technology

KGK Diajewels (I) Private Limited shone in this category with its most inventive initiative of developing three state-of-the-art machines under the brand ‘Yantra’, that is focused on diamond manufacturing innovations. These machines were thoughtfully produced after a thorough research in order to provide a range of solutions revolutionising the industry at large. Altogether these have contributed to a 1- 1.5 percent increase in revenues and also minimised the raw material wastage, lessoning the production costs by 10 percent.

“Creativity and innovation are the cornerstones of KGK Group, which play an important role in design and implementation, manufacturing techniques and technological advancements.” conveys Mr. Sanjay Kothari.

Outstanding Enterprise of the Year – EMEA

As a leading representative of a global gems and jewellery enterprise, KGK SA Pty Ltd has achieved significant success in diamond sourcing, manufacturing and distribution in the EMEA region, therefore nothing could stop it from becoming outstanding enterprise of the year.

“Our values and ethics differentiate us from the rest. They empower our people to master their business and technological domains, build meaningful relationships with their colleagues and clients, and design a positive framework.” said Mr. Sandeep Kothari, Managing Director, KGK Group.

KGK Diamonds SA Pty adopted the ‘Just In Time’ technique for more efficient resource management without harming the eco system. Aside from cutting down on costs, this also paved the way for minimising the environmental impact of its facilities.

“The pandemic has elicited a global response unlike anything we have seen before. We are adopting new-age and digital avenues to ensure that our operations continue in a safe and sustainable way.” adds Mr. Sandeep Kothari.

Established by Informa Markets Jewellery in 2012, the JNA Awards honours companies and individuals who uphold excellence, innovation and best business practices in the jewellery industry, regardless of scale, specialisation or geographical location. The JNA Awards, one of the most prestigious awards programmes in the global jewellery and gemstone trade has announced its highly anticipated list of Recipients at its inaugural hybrid ceremony – a live event combining online and physical elements that capped off the first day of the Jewellery & Gem Digital World on a high note. On its ninth edition, the Awards lauded a total of 32 Honourees across seven categories, from which 14 Recipients took home the night’s top gongs.

“KGK has prospered exponentially serving all domains of gemstones, diamonds & jewellery. It is uniquely positioned and believes in steady improvement through latest technological advancements and expansions. Our philosophy to adapt to constant changes always keeps us in the forefront. We are grateful to JNA for considering our relevance and identifying our efforts. This recognition truly motivates us to perform and attain greater heights.” thankfully mentions, Mr. Navrattan Kothari, Patriarch, KGK Group.

 

Courtesy: Retail Jeweller India News Service.

 

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