JB Insights
GJC presents Preferred Manufacturer of India (PMI) ExhibitionIndustry’s favourite business + leisure event
The All India Gem and Jewellery Domestic Council (GJC) presented the much-anticipated Preferred Manufacturer of India (PMI) exhibition, a three-day event, from February 6th to 8th, 2024, at the prestigious Hyatt Regency in Gurugram. The event was inaugurated with great enthusiasm by distinguished guests Vibha Rani, Director & Head BIS, Faridabad, and Shri R Arulanandan Ji, Director of the Ministry of Commerce & Industry.
The exhibition featured a dazzling display of 46 stalls, showcasing their craftsmanship and received a roaring start with approximately 150 leading jewellers from across the country. This congregation of talent and expertise is a testament to the thriving jewellery industry in India and its ability to set global standards. Attendees explored a diverse array of exquisite pieces, ranging from traditional to contemporary styles, all under one roof.

Saiyam Mehra, Chairman (GJC), expressed his excitement about the event, stating, “PMI stands as an exclusive exhibition, not merely a showcase; it embodies a celebration of the rich heritage and craftsmanship that our nation proudly boasts. This platform allows us to unveil the pinnacle of Indian jewellery to the world.”
Rajesh Rokde, Vice Chairman (GJC), echoed this sentiment, adding, “PMI serves as the quintessence of exclusivity, bringing together the industry’s finest minds and talents. It acts as a melting pot of innovation and tradition, laying the foundation for the future of Indian jewellery.”


Madan Kothari, Convenor of PMI, emphasized the significance of the event in promoting India’s reputation as a global hub for quality jewellery manufacturing. He remarked, “PMI brings together the best manufacturers in the country, offering visitors an unparalleled opportunity to witness the richness and diversity of Indian jewellery heritage. During this PMI, we will be honouring the Jewels of the North—acknowledging and celebrating their contributions in the jewellery industry “
Joint Convenor of PMI, Chetan Thadeshwar, highlighted the importance of such platforms in driving innovation and excellence across jewellery craftsmanship. “Events like PMI not only showcase existing talent but also inspire jewellers to push boundaries and explore new avenues of creativity, this time we are excited to present a fashion show – highlighting exclusive designs. Prepare for an evening of unparalleled glamour and style, promising to be unforgettable as part of our PMI.” he remarked.

The PMI exhibition at Hyatt Regency Gurugram captivated jewellery enthusiasts and industry professionals alike with its stunning displays and insightful interactions by making it Industry’s favourite business + leisure event. This exhibition was a journey through the finest creations and innovations, setting the stage for a bright and promising future for the Indian jewellery industry.
JB Insights
India Doesn’t Have Any Jewellery Brands; They Are Marketplaces Masquerading As Brands
Amit Kumar, CEO & Co-founder, QWEEN, speaking to JewelBuzz, said jewellery brands are actually “marketplaces masquerading as brands.” QWEEN disrupts the fragmented diamond industry by replacing “aggregator” models with a 100% natural, Mine-to-Market approach. By sourcing exclusively from Rosy Blue, they maintain a closed-loop supply chain that guarantees a documented, audited journey for every stone. Moving beyond marketing jargon, QWEEN prioritises transparency and ethical integrity through Kimberley Process compliance, transforming the intimidating traditional buying process into a confident, self-discovery experience for the modern woman.
You’ve made a bold claim that most Indian jewellery brands are actually “marketplaces masquerading as brands.” What do you mean by that?
For decades, the industry has operated on an illusion. Most retailers act like aggregators—they source diamonds from a vast web of multiple vendors in various batches. Much like a restaurant sourcing ingredients from different suppliers to save costs, these jewellers prioritise efficiency over consistency. The result is a fragmented supply chain where even the jeweller often cannot tell you the true origin of the stones they are selling. We felt modern luxury deserved better than that ambiguity.
QWEEN calls itself India’s first “100% natural, Mine-to-Market” brand. How does your sourcing model actually differ from the norm?
We chose a path that is intentionally harder and slower. Instead of juggling multiple vendors, we source every single diamond from one revered origin: Rosy Blue. With over 63 years of heritage, they aren’t just a supplier; they are our strategic supply-chain investors. Because they are sightholders with direct access to ethically sourced rough diamonds, we have a documented, audited chain of custody. We don’t just trace a diamond to a country; we trace it through its entire journey.
Ethical sourcing is a popular buzzword. How do you move beyond “marketing narratives” to provide verifiable proof to your customers?
We believe trust is built through structural integrity, not just slogans. Every diamond at QWEEN is Kimberley Process compliant, meaning it is verifiably conflict-free by global standards. Because we don’t deal in “mixed batches,” there is zero room for inconsistency. We intend to prove this transparency directly to our customers within our retail stores, showing them the verifiable truth behind their purchase.
You often mention moving away from “jargon and intimidation” in the buying process. What does the “self-discovery” experience look like for a woman shopping at QWEEN?
Historically, buying diamonds has felt transactional or even intimidating. We want to change that. When a woman understands exactly where her diamond came from, who worked on it, and why it’s graded a certain way, the purchase transforms. It’s no longer about pressure; it’s about ownership and confidence. We want our customers to connect the diamond’s journey to their own identity and values.
What is next for QWEEN, and where can customers experience this new model of luxury?
Our philosophy is coming to life in our upcoming experiential stores in Bangalore and Delhi. These won’t just be retail spaces; they are environments designed for clarity and intent. We aren’t building this brand on the size of our assortment, but on the courage to do things differently.
| Feature | Traditional Marketplaces | QWEEN (Mine-to-Market) |
|---|---|---|
| Sourcing | Fragmented: Diamonds pass through many hands, making it hard to pinpoint origin. | Single Source: Sourced directly through Rosy Blue, ensuring a closed-loop system. |
| Traceability | Opaque: Often impossible to guarantee the exact journey of a specific stone. | Fully Documented: Offers a clear, verifiable chain of custody from the mine to the wearer. |
| Ethical Standards | Inconsistent: Rely heavily on vague marketing or secondary certifications. | Strict Compliance: 100% Kimberley Process compliant with rigorous ethical oversight. |
| Customer Vibe | Transactional: Can feel cold, intimidating, and buried in technical jargon. | Experiential: Focuses on the “story” of the diamond, making it personal and relatable. |
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