Gems and jewellery have always been an integral part of Indian culture and tradition. India is one of the largest consumers and exporters of gold and gems, contributing significantly to the country's economy. The gems and jewellery industry in India is a vast and diverse sector, comprising manufacturers, retailers, designers, and entrepreneurs, among others. The industry has witnessed tremendous growth and transformation over the years, with new players entering the market and established companies adopting innovative approaches to stay ahead of the competition.
Goldsikka Limited is one such company that has been at the forefront of the Indian gems and jewellery industry, providing high-quality gold coins and bars to customers across India. The company has been recognised for its innovative approach and commitment to customer satisfaction, winning the 49th India Gems and Jewellery Award (IGJA) 2022 for "Woman Entrepreneur of the Year". The award was presented to Ms Ambika Burman, Director of Goldsikka Limited, by Shri Piyush Goyal, Hon'ble Union Minister of Commerce and Industry, Consumer Affair, Food & Public Distribution, and Textiles, Govt. of India, at a prestigious event held on April 23, 2023, in Mumbai at the Grand Hyatt.
The award was presented to Ms Burman in recognition of her innovative launch of India's First and the World's First Real-Time GOLD ATM, which has revolutionised the way people purchase gold in India. The Real-Time GOLD ATM is a unique concept that allows customers to buy gold in the form of coins and bars through a vending machine that operates on a real-time basis, making the entire process fast and convenient.
The Real-Time GOLD ATM is a unique and innovative concept that has transformed the way people purchase gold in India. It is the world's first vending machine that dispenses gold coins and bars in real-time, making the entire process fast, convenient and hassle-free. The vending machine operates on a real-time basis, which means that customers can buy gold coins and bars at any time of the day, seven days a week, without having to worry about the availability of staff or the opening and closing times of the store.
The Real-Time GOLD ATM is designed to cater to the needs of customers who want to buy gold but do not have the time to visit a store or prefer the convenience of online shopping. The vending machine is easy to use, and customers can choose from a range of gold coins and bars of different weights and denominations. The prices of the gold coins and bars are updated in real-time based on the prevailing market rates, ensuring that customers get the best prices for their purchases.
The Real-Time GOLD ATM has been a game-changer in the Indian gems and jewellery industry, with customers appreciating the convenience and innovation it offers. The vending machine has been installed in various locations across India, including airports, malls, and other public places, making it accessible to a wider audience.
The India Gems and Jewellery Award (IGJA) is one of the most prestigious awards in the Indian gems and jewellery industry, organised by the Gem and Jewellery Export Promotion Council (GJEPC) and powered by the Gemological Institute of America (GIA), with Ernst & Young (EY) as the knowledge partner and Export Credit Guarantee Corporation (ECGC) LTD as a co-partner. The award recognises and honours excellence, innovation, and leadership in various categories, including Manufacturing, Retail, Export, Design, Innovation, and Entrepreneurship.