National News
Gem & Jewellery BSM 2025 :Fruitful partnerships and meaningful dialogue
GJEPCs Gem & Jewellery Buyer-Seller Meet 2025 commenced with an air of optimism and global camaraderie, setting the stage for fruitful partnerships and meaningful dialogue between Indian manufacturers and international buyers.
The event was inaugurated with a grand unveiling, paving the way for over 40 international buyers to engage in curated one-on-one business meetings with Indian jewellery manufacturers and exporters. The venue buzzed with activity as new connections were forged and long-standing business relationships were rekindled.
Among the notable international buyers. Lisi Fracchia from Spain, visiting India for the first time, expressed her delight at the overwhelming business prospects. Her experience at the BSM not only introduced her to new business avenues but also gave her the opportunity to reconnect with existing suppliers participating in the show.
Cloyette Harris Stoute, representing Alliyette, USA, is also making her maiden visit to India. Her objective of understanding India’s advanced jewellery manufacturing technology and the comprehensive supply chain process was met with great satisfaction. Deeply impressed by her interactions with exhibitors, she shared her enthusiasm about returning in the future.
On the domestic front, Hitesh Thakar, General Manager at Mohit Diamond Pvt. Ltd, reflected on the invaluable insights gained during his meetings. He noted that conversations with buyers revealed their strategic focus on brand expansion, opening up new opportunities for his company to scale their business and adapt to evolving global demand.
Priyank Shah of Walking Tree, participating as a first-time exhibitor, commended the event’s structured format. The carefully filtered buyer group enabled targeted interactions, resulting in serious inquiries from markets such as the USA, Kazakhstan, Brazil, and beyond—particularly for custom-made jewellery.
The first day concluded on a high note, with an atmosphere rich in collaboration and discovery. The meet not only reflected the strength of India’s jewellery sector but also its growing global appeal.
National News
Jaipur Gem & Jewellery Bourse Set to Transform Global Coloured Gemstone Trade
Bookings and Foundation Stone Ceremony Expected This Month As India’s First Dedicated Coloured Gemstone Bourse Takes Shape In Jaipur.
The Jaipur Gems and Jewellery Bourse (JGJB), a landmark initiative jointly promoted by the Gem & Jewellery Export Promotion Council (GJEPC) and the Jewellers Association Jaipur (JAJ), is entering a new phase of development with the commencement of bookings and the foundation stone laying ceremony expected this month.
The project represents a major step towards strengthening India’s leadership in the global coloured gemstone trade by creating an integrated, world-class business ecosystem for manufacturers, exporters, traders, and international buyers.
Pramod Agrawal (Derewala), Chairman, Jaipur Gem and Jewellery Bourse, said:
“The Jaipur Gems and Jewellery Bourse is more than just an infrastructure project—it is the realization of a dream nurtured by generations of Jaipur’s gemstone community. This world-class facility will strengthen Jaipur’s position as the global hub for coloured gemstones, create new opportunities for exporters and artisans, and provide the industry with the scale, security and connectivity required to compete in the next era of global trade.”
Jaipur has long been recognised as the global centre for coloured gemstones, accounting for a significant share of the world’s cutting and polishing of emeralds, rubies, sapphires, tanzanites, and other precious stones. The city has emerged as a major export hub, with gem and jewellery exports surpassing USD 2 billion in FY 2024-25.
Kirit Bhansali, Chairman, GJEPC, said:
“The Jaipur Gem and Jewellery Bourse marks a defining moment in the evolution of India’s gem and jewellery industry. Jaipur has long been recognised globally as the heart of coloured gemstones, combining centuries-old craftsmanship with world-class manufacturing capabilities. The bourse will provide a modern, secure and internationally benchmarked business ecosystem that will enhance ease of trade, attract global buyers, and strengthen India’s position in the global coloured gemstone value chain. GJEPC is proud to partner in this visionary initiative that will drive exports, generate employment, and unlock new growth opportunities for the sector.”
Spread across 43,828 square metres at Sitapura, the Jaipur Gems and Jewellery Bourse will offer modern trading infrastructure, secure business facilities, and a unified platform for the entire value chain. The project is expected to improve ease of doing business, facilitate greater buyer-seller engagement, and enhance global market access for Indian exporters.
The bourse assumes added significance as global supply chains continue to evolve and international buyers increasingly seek transparent, secure, and professionally managed sourcing destinations. By bringing the industry under one roof, the facility will strengthen Jaipur’s competitiveness and reinforce India’s position in the international gemstone and jewellery marketplace.
The project has already achieved several key milestones, including major regulatory approvals and completion of architectural planning. The Engineering, Procurement and Construction (EPC) tender process is currently in its final stages, with construction expected to commence before Diwali 2026. Phased possession is planned from 2028 onwards.
As the world’s first dedicated bourse for coloured gemstones and gemstone jewellery, JGJB is expected to become a catalyst for exports, investment, employment generation, and international trade engagement, further cementing Jaipur’s reputation as the Global Capital of Colour.
-
JB Insights19 minutes agoNavigating The $1.5 Trillion Diamond Opportunity
-
JB Insights2 hours agoUnique And Original Jewellery Is My Laksh!
-
JB Insights1 hour agoVEDA By GIVA Redefines Jewellery Retail With An Experience-Led Luxury Destination
-
JB Insights49 minutes agoThe New Face Of Tradition: Kala Johare’s Journey From Legacy To Luxury
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.