Tag: Suvankar Sen

  • Senco strikes gold with record Rs 1,700 Cr festive sales

    Senco strikes gold with record Rs 1,700 Cr festive sales

    MUMBAI: Talk about glittering results! Senco Gold & Diamonds has struck festive fortune, clocking record-breaking sales of over Rs 1,700 crore in October, the highest in its 85-year history. The sparkle came courtesy of Diwali and Dhanteras, as buyers flocked to stores undeterred by sky-high gold prices.

    The jewellery giant reported a 56 per cent year-on-year jump in sales, with gold value surging 60 per cent and diamonds glittering 32 per cent higher compared to last October. Even as gold touched a record Rs 132,294 per 10 grams on October 31, Senco managed to grow both in volume and value, with a 4 per cent uptick in gold volume, 5 per cent in diamonds, and 8 per cent in silver.

    New design launches, buoyant consumer sentiment, and irresistible festive offers kept cash registers ringing across Senco’s 185 stores in India and online platforms.

    “These record numbers reflect a very positive customer sentiment,” said Senco Gold & Diamonds managing director and CEO Suvankar Sen. “We are geared up to meet the strong demand through the upcoming wedding season and beyond. Our focus remains on new design innovation, operational efficiency, and enhanced returns for our stakeholders.”

    The company also expanded its footprint in October with new showrooms in Etawah, Bikaner, and Dehradun, while maintaining steady growth momentum with a 25 per cent year-on-year retail value increase across Q1, Q2, and October.

    With 185 showrooms in India, two in Dubai, and eight Sennes lifestyle stores, Senco’s festive sparkle shows no sign of dimming. Even as gold prices reach dizzying heights, it’s clear that for Indian shoppers, love for gold never loses its shine.

  • Senco makes gold dreams shine with 9 carat festive launch

    Senco makes gold dreams shine with 9 carat festive launch

    MUMBAI: Senco Gold & Diamonds is striking gold this festive season with the launch of its all-new 9-carat jewellery collection, priced from under Rs 7,000. At a time when soaring gold prices have kept many buyers on the sidelines, Senco’s latest move makes real gold accessible to a wider audience, combining style, sentiment, and affordability.

    The collection caters to everyday wear, festive gifting, and first-time buyers, offering a wide range of designs from pendants, earrings, and rings to deity-inspired pieces, diamond-studded accents, and contemporary geometric styles. Each piece embodies Senco’s hallmark craftsmanship, ensuring beauty and trust remain uncompromised.

    “With Dhanteras and Diwali around the corner, our 9 carat gold collection allows more people to own real gold without stretching their budgets,” said Senco Gold & Diamonds CEO Suvankar Sen. “With hallmarking in place, customers can shop with confidence knowing they’re getting both quality and value.”

    Director Joita Sen added, “Though the karatage is lower, the design, detailing, and craftsmanship remain true to Senco’s heritage. This launch builds on the success of our 18 carat and 14 carat, bridging aspiration with accessibility.”

    The initiative also aligns with the government of India and BIS’s efforts to include lower karatages like 9 carat in the hallmarking framework, ensuring authenticity and quality assurance for budget-conscious buyers.

    With consumer preferences shifting towards lightweight, wearable jewellery, Senco’s 9 carat collection taps into this trend, offering strength, style, and affordability. This festive season, Senco ensures that everyone can celebrate milestones, joy, and tradition with real gold in hand.

  • Senco Gold & Diamonds launches ‘SiyaRam Collection’ for Ram Mandir inauguration celebration

    Senco Gold & Diamonds launches ‘SiyaRam Collection’ for Ram Mandir inauguration celebration

    Mumbai: Senco Gold & Diamonds, the pan India jewellery retailer with a legacy of eight decades, has announced the launch of a special ‘SiyaRam Collection’ in honour of the Ram Mandir inauguration in Ayodha on 22 January. This collection pays tribute to the enduring bond of devotion between Ram, Sita, Lakshman, and Hanuman, and celebrates the upcoming temple, set to be a beacon of cultural, spiritual, and social unity during the sacred “Pran Pratishtha” of Lord Ram.

    The contemporary and meticulously crafted ‘SiyaRam Collection’ comprising beautiful pendants; necklaces; and earrings, pays homage to Ram as the ideal leader, Sita as the ideal wife, Lakshman as the ideal brother, and Hanuman as the ideal worshipper, embodying virtues that transcend time. Its intricate designs perfectly capture the grandeur of Ram Mandir, commemorating the legendary moment of Ram and Sita’s coronation, with their devoted companions Hanuman and Lakshman by their side. This innovative collection aims to celebrate this significant occasion and spread love, peace, and happiness to all who appreciate its beauty.

    The exquisite designs SiyaRam Collection by Senco Gold & Diamonds’ skilled artisans also highlight the use of delicate nakashi craftsmanship, meenakari work, and intricately set diamonds. These features are incorporated to reflect the divine connection between Lord Ram, Sita, Lakshman, and Hanuman. Additionally, the temple designs, adorned with an antique polish, aim to add a sense of grandeur, symbolising the eternal love and strength emanating from the epic story of Ramayana.

    Expressing his excitement about unveiling this thoughtful collection,  Senco Gold & Diamonds MD & CEO Suvankar Sen said, “The atmosphere of devotion to Lord Ram is palpable everywhere in anticipation of the Ram Mandir inauguration. Drawing inspiration from the magnificence of Ram Mandir, Ram Sita coronation, and the Dus Avatars, our SiyaRam Collection captures the essence of exemplary leadership, companionship, and devotion. Our intricately detailed jewelry pieces represent a unique fusion of traditional craftsmanship and symbolism, carrying profound meaning within the allegorical narrative of Ram and Sita. We are dedicated to this majestic embodiment of peace, love, and perfection and are optimistic that our loyal consumers will warmly embrace this collection.”

    Senco Gold & Diamonds director and head of marketing and designs Joita Sen added, “Ram Mandir paves the way for showing dedication of devotees all over the world. Our SiyaRam Collection is a perfect tribute to the personification of love, peace and perfection amongst Ram, Sita, Lakshman, and Hanuman. This collection exudes artistic brilliance and serves as a poignant reminder of the timeless values that shape our lives. We are very excited introducing it to our valued customers.”

  • Senco Gold & Diamonds introduces AI-powered Diwali prayer initiative for Lakshmi devotees

    Senco Gold & Diamonds introduces AI-powered Diwali prayer initiative for Lakshmi devotees

    Mumbai: Senco Gold & Diamonds, India’s leading jewellery retailer having a legacy of over 80 years and with a national footprint of over 150 showrooms, announced the launch of a pioneering AI-powered initiative for Diwali 2023 in partnership with Mindshare India and the cutting-edge voice AI firm, HiVoco Content Tech Studios.

    As part of this ground-breaking initiative, participants have the opportunity to receive a personalised prayer video seeking divine blessings from Goddess Lakshmi for prosperity during Diwali. And keeping with the tradition of purchasing gold during the auspicious days of Dhanteras and Diwali, there is also an opportunity to win a coveted Gold Coin from Senco Gold & Diamonds for people who are participating.

    To participate, one simply needs to register on the website sencocelebrations.com by providing their name and email address. Upon completing the registration, the personalised prayer video by Acharya Shastri of Laxminarayan Mandir, Delhi shall be delivered to the participant’s email.

    Senco Gold & Diamonds MD and CEO Suvankar Sen said, “Senco Gold & Diamonds is at the forefront of marrying tradition with technology. We’re taking a significant leap this festive season to connect with our audience by personalizing their experience with innovative AI solutions.”

    Celebrating the traditional act of prayer and offering during Diwali, users receive personalised prayers for Goddess Lakshmi through synthetic voice videos crafted using their names and personalized Golden Cards are created for each participant as well.

    HiVoco CEO Pritesh Chothani highlighted the transformative power of AI in marketing, stating, “Generative AI is revolutionizing how brands like Senco Gold & Diamonds interact with customers. Our collaboration for this Diwali campaign epitomizes how AI can cater to the individual at scale, making meaningful moments of engagement.

    This innovative campaign not only underscores Senco Gold & Diamonds’ commitment to innovation but also showcases the immense potential of generative AI in revolutionizing customer-brand interactions. It stands as a testament to how modern technology can be harnessed to provide a personalized touch to festive traditions.”

  • Senco Gold & Diamonds launches ‘PRIDECollection’

    Senco Gold & Diamonds launches ‘PRIDECollection’

    MUMBAI: Senco Gold & Diamonds, one of the largest jewellery retail chains of India, launched a special ‘PRIDE Collection’ as a gesture of support for the LGBTQ community.

    A unique fashion show titled “Sphulingo – Freedom of Expression” with a group of transgender men and women led by well-known professor (college principal) & LGBT activist Dr Manabi Bandyopadhyay dressed as mythological characters from Indian epics, sashayed down the ramp at Senco Gold & Diamonds’ Mega Shop on CIT Road in Kolkata. 

    Senco Gold & Diamonds executive director Suvankar Sen said, “We have launched our Pride Collection in honour of the LGBT community, especially the transgender women on the occasion of Pride month. Many of these women have striven hard to achieve what they have in our society despite the odds stacked against them. We salute them and their indomitable spirits through this fashion show. The Pride collection, immaculately crafted and designed, would appeal to all sections of buyers we cater to with different varieties that we offer from our stable.”

    The Pride Collection consists of uniquely designed gold and silver pendants named Trans Hearty, G-Rex and Less More.  

  • Senco Gold & Diamonds showcases Karigari with Vidya Balan

    Senco Gold & Diamonds showcases Karigari with Vidya Balan

    MUMBAI: In its new campaign, Senco Gold & Diamonds, the jewellery brand from Bengal, puts a different lens on craftsmanship.

    Karigari finds its significance and relevance through the stories of four different women from four different parts of the country – women who find a reflection of their identity in the jewellery they choose to wear. Real, everyday women. With real stories. It is set to play up the fact that women, the karigars of life, are as unique as the pieces of adornment they choose for themselves.

    The multi-faceted and multi-talented Balan has masterfully essayed these diverse characters. Suresh Triveni – the director of Tumhari Sullu, teams up with Vidya and the crew that created Sullu, to tell these stories and bring them alive in his characteristic style.

    Each of the four films narrates the way a woman finds herself, her life and her identity intertwined with the piece of jewellery that she wears. It traces the story of a Bengali woman who discovers that the time taking art of filigree is similar to the time and patience that she needs to invest in making a relationship blossom. How she enjoys perfecting the relationship just like a karigar enjoys perfecting filigree work for a set of bangles.

    The second story is told in the modest voice of a housewife in Delhi. She acknowledges the importance of little indulgences and discovers her dazzle in the karigari of diamonds.

    The third story finds its protagonist in a South Indian woman. Someone who discovers that karigari can combine traditional values and modern outlook just the way she has never lost touch of her roots.

    And the last film helps a modern working woman, who believes in simplicity, find her match in the minimalistic and intricate karigari of lightweight jewellery.

    Ogilvy Kolkata managing partner creative Sujoy Roy says, “The task was to take Senco’s strength of craftsmanship to every corner of India as the brand extends its footprint across the nation. With this campaign we will help women, the karigars of life, discover another karigar in Senco. The story of karigari finds its role in the lives of these four women. And depicts how different forms of karigari helps reflect the true identity of every woman. Only an actor as versatile as Vidya Balan could do justice to these roles. Unlike other jewellery campaigns, this campaign doesn’t over-promise or create an eclectic space for jewellery. It is set in the real space. And it finds its voice through the stories of four relatable characters across the country.

    Senco Gold & Diamonds executive director Suvankar Sen adds, “Each time a client praises our intricate designs, it is a credit to our craftsmen. We are fortunate to have them with us for years. In fact, some of the karigars have been with us for generations so they know everything when it comes to jewellery, modern or old; traditional or futuristic. This campaign is a tribute to the karigars who work untiringly to craft jewellery by their hands”