Appointment
All India Gem & Jewellery Domestic Council (GJC) Announces New Leadership
All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry, is pleased to announce that Mr. Rajesh Rokde has been elected as the new Chairman and Mr. Avinash Gupta the new Vice Chairman of the council. This is confirmed during the council’s first Board Meeting of the COA 2025 – 26 post completion of their COA elections held in December 2024.
Mr. Rajesh Rokde, from the esteemed Rokde Jewellers in Nagpur, upholds a remarkable legacy of over 100 years in the jewellery industry. Representing the Large Retailers category in GJC, he has distinguished himself through an unwavering dedication to quality, innovation, and customer trust—the hallmarks of his family’s renowned brand. His proactive leadership as Vice Chairman and Legal Committee Convener has significantly benefited the jewellery industry by addressing critical issues such as GST for the Gems and Jewellery sector, import duty, hallmarking, 411, and many other pivotal matters. He has made numerous representations to government officials to resolve these challenges, and his timely actions have consistently brought positive outcomes for the industry. Mr. Rajesh Rokde, a stalwart in the jewellery industry with decades of experience, takes over as the Chairman. Known for his visionary leadership and deep understanding of the challenges and opportunities within the sector, Mr. Rokde aims to drive initiatives that will strengthen the domestic market, promote innovation, and enhance the global competitiveness of Indian jewellery.

Mr. Rajesh Rokde, Chairman GJC, stated: “I am deeply honoured to take on the responsibility of leading GJC at this pivotal time. The Indian gem and jewellery industry stands at the cusp of transformation, and it is our mission to work collectively towards sustainable growth, increased consumer trust, and greater recognition on the global stage. I look forward to collaborating with industry stakeholders to achieve our shared vision.”
Mr Avinash Gupta, based in Hyderabad from Mamraj Mussadilal Jewellers is a renowned personality of the Gems and Jewellery Industry and over many years, he has played a pivotal role in GJC during his tenure 2016-2022.His pro active approach in legal and compliance issues has benefitted industry a lot for example GST for Gems and Jewellery Industry, Import Duty and many other critical matters. Mr Gupta has also played a lead role by representing GJC in delegation to Shanghai ,London and Turkey to study Gold Exchanges to setup IIBX and he has been instrumental in many other prominent initiatives of Industry Mr. Avinash Gupta, a respected name in the industry and a long-standing member of GJC, has been elected as the Vice Chairman. Mr. Gupta brings with him a wealth of experience and a strong commitment to fostering innovation and excellence across the sector.

Expressing his gratitude, Mr. Avinash Gupta said: “It is a privilege to serve as the Vice Chairman of GJC. Together with Mr. Rokde and our dedicated COA team, I am confident that we can address the challenges faced by the industry and pave the way for new opportunities. Our focus will remain on driving ethical practices, embracing technological advancements, and ensuring the growth of small and medium enterprises in this sector.”
Outgoing Chairman, Mr. Saiyam Mehra, who will now take the position as Immediate Past Chairman, also shared his thoughts on the leadership transition, stating: “It has been an incredible journey serving as the Chairman of GJC. I am proud of what we have accomplished together, from championing the interests of the industry to driving initiatives that have strengthened GJC and our community. I extend my heartfelt congratulations to Mr. Rajesh Rokde and Mr. Avinash Gupta, and I am confident that their leadership will take GJC to new heights. I will continue to support the Council and the industry in every possible way.”
The new leadership team aims to focus on key areas such as skill development, promoting ‘Make in India’ initiatives, enhancing consumer confidence through transparency, and addressing the concerns of all stakeholders, including artisans, traders, and retailers.
The All India Gem & Jewellery Domestic Council is committed to its role as a catalyst for growth and a unifying voice for the industry. Under the able leadership of Mr. Rajesh Rokde and Mr. Avinash Gupta, GJC is poised to usher in a new era of progress and innovation.
In December 2024, GJC successfully conducted their COA Elections, wherein the members of the GJC Committee of Administration (COA) for the term 2025-26 are as follows:
- Mr. Rajesh Rokde (Chairman & Zonal Chairman – West) – Large Retailer, West Zone
- Mr. Avinash Gupta (Vice Chairman & Zonal Chairman – South) – Larger Wholesaler, South Zone
- Mr. Saiyam Mehra (Immediate Past Chairman) – Large Wholesaler, West Zone
- Dr. Ravi Kapoor (Zonal Chairman – North) – Large Retailer, North Zone
- Mr. Sunil Poddar (Zonal Chairman – East) – Medium Manufacturer Jewellery, East Zone
- Mr. Amit Jindal (COA Member) – Medium Retailer, North Zone
- Mr. Amit Kumar Soni (COA Member) – Small Manufacturer Jewellery, East Zone
- Mr. Ashok Kumar Jain (COA Member) – Medium Retailer, South Zone
- Mr. Gurjeet Singh (COA Member) – Small Retailer, North Zone
- Mr. HM Sultan Mohideen (COA Member) – Small Retailer, South Zone
- Mr. Madan Kothari (COA Member) – Small Manufacturer Jewellery, West Zone
- Mr. Nilesh S. Shobhawat (COA Member) – Small & Medium Wholesaler, West Zone
- Mr. Ravi Prakash Agarwal (COA Member) – Small Retailer, North Zone
- Mr. Rupesh Tambi (COA Member) – Small & Medium Wholesaler, North Zone
- Mr. Sahil Mehra (COA Member) – Medium Manufacturer Jewellery, West Zone
- Mr. Salim Daginawala (COA Member) – Large Retailer, West Zone
- Mr. Samar Kumar De (COA Member) – Medium Retailer, East Zone
- Mr. Siddharth Sawansukha (COA Member) – Large Manufacturer Jewellery, East Zone
- Mr. Sourav Roy (COA Member) – Small Retailer, East Zone
- Mr. Suyash Agrawal (COA Member) – Small & Medium Manufacturer Silver Jewellery, West Zone
- Mr. Vardhaman Kothari (COA Member) – Small Retailer, West Zone
Appointment
Mehul Shah Elected President World Federation Of Diamond Bourses (WFDB)
Bharat Diamond Bourse Leader Takes The Helm Of The Global Diamond Federation, Marking A Significant Milestone For India’s Natural Diamond Industry.
Mehul Shah, Vice President of Bharat Diamond Bourse (BDB), has been elected President of the World Federation of Diamond Bourses (WFDB). The election took place on Monday, July 12, during the ongoing World Diamond Congress which is currently underway in Singapore. Leaders of the 20 global diamond bourses attending the Congress voted to elect the new office bearers.
Luigi Cosma, President of Borsa Diamanti d’Italia, was elected Vice President of WFDB and Molefi Letsiki, Chairman of the Diamond Dealers Club of South Africa, was elected Treasurer General of WFDB. They have supported his vision for the Federation.
The election of Mehul Shah is an important milestone for the Indian diamond industry and opens a new chapter for the country to play a key role in taking the global diamond industry forward.
Thanking the delegates and Presidents of global diamond bourses, Mehul Shah said:

“I am humbled by this appointment and proud to have represented India and Bharat Diamond Bourse on an international stage. This new responsibility given to me is rooted in my journey of four decades of commitment to the natural diamond industry. He also added, “As the delegates to the Congress deliberate over the way forward in a challenging global market, I am confident that the discussions in Singapore will lead to meaningful outcomes. The new leadership team at WFDB is committed to taking forward the vision of the Congress and building a stronger future for the industry.”
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