Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Gitanjali Inaugurates Gold & Jewelry Vending Machine at Temple

April 24, 12 by IDEX Online Staff Reporter

 
Former Miss India Ankita Shorey inaugurates the
vending machine
(IDEX Online News) - DTC Sightholder Gitanjali Group on Tuesday inaugurated a gold and jewelry vending machine at Mumbai’s most noted temple for Lord Ganesha – the Shree Siddhivinayak temple. This is Gitanjali’s second such vending machine.
 

Gold-buying has religious connotations in India and the launch on the day of the festival of Akshay Trithya, considered auspicious for the buying of gold, taps into this deep-rooted gold and jewelry sales driver.

 

Set up in collaboration with the temple’s governing trust, the machine dispenses gold- and diamond jewelry, as well as gold- and silver bars and coins. It stores between 300 and 400 products in up to 18 different designs and denominations. It dispenses certificates of authenticity along with the products. Payments can be made by cash, credit card or via net-banking.

 

Gitanjali Chairman Mehul Choksi, said at the inauguration, “We got an overwhelming response from consumers after the launch of the first vending machine and thus were keen to give Mumbai city another.” He noted that positioning the machine at the temple gave consumers the option of either taking home an auspiciously bought piece of jewelry or making a special temple offering with it.

Diamond Index
Related Articles

Gitanjali Offers Free Silver for Gold Purchases

April 17, 12 by IDEX Online Staff Reporter

Read More...

Gitanjali Group Introduces New Jewelry Savings Plans

April 11, 12 by IDEX Online Staff Reporter

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter