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CARATS 2025 Glitters with Glamour, Grandeur, and Global Appeal

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Surat Diamond Expo, organized by Surat Diamond Association (SDA) from July 11 to 13, 2025, at the prestigious Avadh Utopia, concluded on an exceptionally high note. The event witnessed remarkable participation and enthusiasm from industry stakeholders, culminating in trade transactions surpassing INR 100 crore. This impressive milestone reaffirmed the expo’s growing stature as a premier B2B platform for diamonds in India.

Amid a challenging international market environment, the event stood out for its robust participation and vibrant energy. A total of 73 exhibitors, mainly from Surat and Mumbai, presented an extensive range of offerings, from loose polished diamonds (both natural and lab-grown) to diamond-studded jewellery and the latest in gem-cutting technology.

The event drew a global audience, with overseas visitors flying in from the USA, Russia, Ukraine, Dubai, and other regions, while domestic buyers came from key cities including Jaipur, Mumbai, Kolkata, Chandigarh, Amritsar, Delhi, Ahmedabad, Bengaluru, Thrissur, Telangana, Chennai, Hyderabad and Kochi. The expo welcomed more than 30 foreign buyers and saw footfalls cross 6500 visitors over a period of the 3 days, setting a new benchmark for B2B engagement in the sector.

The exhibition was inaugurated by the Hon’ble Mayor of Surat, Daxesh Mavani, in the esteemed presence of Chairman of Surat Diamond Bourse, Govindbhai Dholakia. Both dignitaries commended Surat’s pivotal role in the global diamond trade and lauded its immense potential to emerge as an international hub for the diamond industry. They deeply appreciated the thoughtfully designed booth, taking keen interest in the wide array of diamonds showcased.

The following two days witnessed the esteemed presence of Hon’ble Home Minister of Gujarat, Harsh Sanghavi, along with prominent diamantaires Nagjibhai Sakariya, Vice President of Surat Diamond Bourse, and Laljibhai Patel, Vice Chairman of Surat Diamond Bourse along with Ghanshyambhai Shankar, owner of Shivam Jewels and the esteemed title sponsor of the event. The quality, craftsmanship, and presentation left a lasting impression on them, and they commended the exhibitors for their dedication to excellence and innovation in the diamond industry. Their encouraging words served as a great motivation for all participants, further validating the efforts put into curating a world-class display.

Surat City Police Commissioner, Anupam Singh Gehlot, and District Collector, Dr. Sourabh Pardhi, graced the event with their esteemed presence, lending prestige and importance to the occasion. Their visit not only reflected the administration’s strong support for the diamond industry but also underscored Surat’s progressive approach to fostering collaboration between governance and trade. It highlighted a shared commitment to economic growth, ethical practices, and strengthening the city’s global standing in the diamond sector.

Also in attendance was Arvindbhai Dhanera, Director of Dhanera Diamonds India Private Limited, a distinguished and influential figure in the diamond sector. With decades of contribution to the trade, particularly in Surat and Mumbai, his presence underscored the exhibition’s credibility and its relevance to industry leaders.

The Convener of the show, Vinod Dabhi, expressed immense happiness and satisfaction over the resounding success of the event, acknowledging the overwhelming response from exhibitors, buyers, and dignitaries alike. He emphasized that the collective efforts of the team had truly borne fruit.

Co-Conveners, Chandrakant Tejani, Jayesh Patel, Damjibhai Mavani and Natubhai Jasani also shared their pride and joy, stating that the months of hard work, planning, and coordination had culminated in a highly impactful and well-received exhibition.

 Jagdish Khunt, President of SDA, Vice-President Gourav Sethi, Secretary Dhirubhai Savani, Treasurer Shantibhai Dhanani, and Joint Secretary Jasmatbhai Vaghani expressed their satisfaction with the event’s turnout and commercial success. They shared that exhibitor response was overwhelmingly positive and hinted at the possibility of expanding the event to a biannual format, driven by strong demand and industry enthusiasm.

With over 700,000 skilled artisans employed across 5,000+ units, Surat continues to reinforce its stature as the world’s foremost hub for diamond cutting and polishing. As market dynamics shift and evolve events like CARATS remain crucial in fostering trade relationships, encouraging innovation, and supporting industry resilience.

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JB Insights

The Woman Wearing The Diamond Was Never The One The Ad Was Talking To

Disha Shah, Founder & Designer, DiAi Designs Says That The Brands That Shift From “She Deserves It” to “She Chose It” Won’t Just Win Cultural Relevance – They’ll Own The Future Of Jewellery Marketing.

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Indian jewellery advertising has always centred the woman. She has been the face of every campaign, draped in gold, luminous at the occasion, receiving the gift with practised grace. What she rarely was, until recently, was the intended audience.

The creative language of the category was built around a genuine economic reality. For decades, the buyer in Indian fine jewellery was the patriarch, the husband, the father, the family elder making a financial decision on behalf of a woman whose purchasing autonomy was limited. Advertising followed the money. The gift reveal, the bridal close-up, the family approval shot: these were not arbitrary creative choices. They reflected who held the purse strings, and they became so embedded in the category’s visual grammar that they outlasted the conditions that created them by an entire generation.

That structural reality has now reversed. Jewellery purchases now extend beyond weddings and festivals to daily wear, driven by financially independent working women. The self-purchasing woman is no longer an emerging segment; she is the category’s fastest-growing buyer, approaching the decision differently from the buyer the industry originally designed itself around. She is not waiting for an occasion. She is not waiting for someone to present a box. She researched the piece, chose it, and bought it because she wanted it.

The advertising, for the most part, has not caught up.

Some brands are beginning to recognise this. CaratLane’s #WearYourWins movement and Tanishq’s sustained push toward the “woman as decision-maker” are meaningful steps. But what makes these campaigns commercially smart is not just cultural alignment. Research from Harvard Business School finds that women systematically provide less favourable assessments of their own performance and potential than equally performing men. This documented self-promotion gap persists even when women know they have outperformed others. Campaigns that actively celebrate female self-recognition are not just filling a creative gap. They are responding to a behavioural reality that has gone largely unaddressed in the category. The brands doing this well are not being progressive for their own sake. They are being accurate about who their buyer is and what she needs to hear.

Look at the Women’s Day 2026 campaigns across the industry. The conversation is clearly starting to pivot. Brands are finally stepping away from the usual gifting tropes and reframing jewellery as a tool for personal milestones and self-expression. But these remain exceptions. The dominant campaign language of Indian jewellery- the gesture, the reveal, the woman being seen rather than deciding- has not structurally changed.

The media mix tells the same story. Titan leaned heavily on television in FY25, with ad volume surging to 77% of its mix, a broadcast medium built for household reach rather than the individual, financially independent woman who now represents the category’s fastest-growing buyer.

Meanwhile, digitally native BlueStone achieved 50% of online jewellery ad volumes on a budget nearly ten times smaller than Titan’s. The channel that reaches the self-purchasing woman directly is delivering outsized results on a fraction of the spend. The implication for where the industry should be directing its creative attention is fairly clear.

Consider what a brief genuinely written for this buyer would look like. No occasion in the shot. No second person in the frame presents anything. The opening line is not “for the woman who deserves to be celebrated.” It is “she saw it, she wanted it, she bought it.” The product earns its place not through sentiment but through desire. The copy does not explain why she is worth it. It assumes she already knows. That is not a tonal adjustment. It is a fundamentally different creative architecture, and very few briefs in this category have been written that way.

The LGD category has a specific opportunity here that established houses do not. Without decades of legacy campaign language to protect, an independent designer in this space can build advertising from a blank page, one written entirely around the woman who is actually making the purchase. The brief does not have to accommodate inherited assumptions about who the buyer is or what she is waiting for. That is not a small advantage. In a category where the dominant creative language was built around a buyer who is no longer the one making the decision, starting without that inheritance may be the most powerful creative position available.

The woman wearing the diamond has always been visible. What is changing now is who gets to decide. The brands that build their creative around that reality will not just be more culturally relevant. They will be better positioned for every year that follows. The advertising has not caught up yet. But the buyer already has.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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