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GJC successfully concludes the 7th edition of the Indian Gem and Jewellery Show (GJS April) 2025

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The All India Gem and Jewellery Domestic Council (GJC) proudly concluded the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), held from 4th to 7th April, 2025 at the prestigious Jio World Convention Centre, Mumbai. Branded as #HamaraApnaShow, GJS April 2025 which brought together industry leaders, renowned jewellers, and stakeholders from across the globe to celebrate and showcase the best of India’s gems and jewellery sector.

The grand opening ceremony of GJS April 2025 event was inaugurated by Pankaj Bhoyar, Hon’ble Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New and Renewable Energy, as the Chief Guest. His presence marked the greater significance of the gems and jewellery industry in the region which contributes significantly to the state economy.

Several distinguished guests and dignitaries were present on the occasion, including Guests of Honour Varghese Alukkas, Managing Director, Jos Alukkas Group; Paul Alukkas, Managing Director, Jos Alukkas Group; and Mallika Manoj Grandhi, Chairperson and Managing Director, Manoj Vaibhav Gems ‘N’ Jewellers Ltd, among others. Special Guests included Aksha Mohit Kamboj, National Vice President, IBJA, and  Rajiv Jain, Secretary, JJS. GJC officials present on the occasion were  Rajesh Rokde, Chairman, GJC;  Avinash Gupta, Vice Chairman, GJC; and  Saiyam Mehra, Convener, GJS.

The GJS April 2025 show was timed strategically to support jewellery demand ahead of Akshaya Tritiya and following Gudi Padwa, coinciding with the wedding season. The show hosted over 600 exhibitors across 700+ booths, attracted 15,000 visitors, and accommodated more than 2,500 room-nights for hosted buyers. Retailers benefitted from a streamlined process to procure jewellery from a wide range of manufacturers and wholesalers, all under one roof.

 Pralhad Joshi, Hon’ble Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New and Renewable Energy, announced the launch of the National Hackathon — a joint initiative by the Bureau of Indian Standards (BIS) and the All India Gem and Jewellery Domestic Council (GJC). The National Hackathon aims to create a dynamic platform that invites bright, young minds to develop scalable, cost-effective technological solutions for the jewellery industry.

As part of GJS 2025, the Mindspeak Sessions brought together industry leaders, innovators, and policy influencers for a series of high-impact discussions. From navigating global trends to leveraging new-age technologies, these sessions offered game-changing insights that are shaping the future of the jewellery business

In a proud moment for the industry, Bhima Jewellers marked its 100-year milestone with the launch of a commemorative book chronicling its remarkable journey. The publication celebrates a century of craftsmanship, trust, and excellence, and stands as a testament to the legacy of one of India’s most iconic jewellery brands.

Capping off the festivities, the much-awaited GJC Nite provided a glamorous platform for industry stakeholders to unwind, connect, and celebrate their shared passion for excellence. From strategic networking to entertainment and camaraderie, GJC Nite truly reflected the vibrant spirit of the Indian gem and jewellery industry.

 Rajesh Rokde, Chairman, GJC, stated, “GJS has once again demonstrated the immense potential of India’s gems and jewellery sector on the regional stage. With every edition, we aim to strengthen the industry’s growth trajectory by fostering innovation, trade collaborations, and skill development. We are delighted with the overwhelming response to GJS 2025 and are committed to making the next edition even more impactful.”

 Avinash Gupta, Vice Chairman, GJC, remarked, “As India continues to be a leader in the global gems and jewellery market, GJS serves as a vital catalyst for innovation, sustainability, and business excellence. GJC looks forward to welcoming participants to the 8th edition of GJS, promising an even grander showcase of India’s rich heritage and modern advancements.”

 Saiyam Mehra, Convenor, GJS, said “The GJS April 2025 Show offers an excellent platform for jewellery manufacturers, traders, wholesalers, retailers, artisans, and others in the value chain to connect with emerging talents and creative minds. The GJS April 2025 Show, the 7th edition of #HamaraApnaShow, will be a premier platform for sourcing new designs and trends, catering to jewellers of all sizes. Highlights include a state-of-the-art showcase of innovative jewellery, the Gala Evening GJC Nite featuring a fashion show with top creations and celebrities, and a Mind Speak seminar.”

GJC is organising the next edition of GJS (Diwali) edition from 16th – 19th September, 2025.

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US Holiday Sales Will See 5.5% Growth For 2026 : Mastercard Economics Institute

This Resilience Reflects A Robust Labor Market, Rising Household Wealth, and Broad-Based Consumer Demand Across Income Cohorts. Overall, The 2026 Holiday Season Showcases An Adaptable U.S. Consumer Using Digital and AI Tools To Maximize Value While Continuing To Drive Broader Economic Momentum.

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The Mastercard Economics Institute (MEI) forecasts a strong 2026 U.S. holiday shopping season (November 1–December 24), projecting retail sales excluding gas and autos to grow 5.5% year-over-year (YoY). This resilience reflects a robust labor market, rising household wealth, and broad-based consumer demand across income cohorts.

Key Drivers and Growth Channels

  • Channel Performance: E-commerce continues to lead with an expected 11% YoY growth, but in-store sales are set to grow 3.6%—their strongest pace since 2022. This highlights the critical role of omnichannel strategies.
  • Inflation Dynamics: Inflation accounts for 2.8 percentage points of the total 5.5% growth. Unlike last year’s tariff pressures, current price increases are driven by elevated energy/diesel costs and the massive AI infrastructure buildout.
  • Calendar Shifts: A late Thanksgiving compresses the shopping window, pushing retailers toward early promotions. Additionally, Cyber Monday falling in November will shift significant online volume into the month.

The Role of Artificial Intelligence

AI is reshaping both prices and consumer behavior:

  • Tech Inflation: High demand for memory chips and data infrastructure components has driven a 12.2% YoY increase in prices for info-processing equipment. Consequently, the consumer electronics category is projected to post outsized nominal sales growth (+10.7% YoY).
  • AI Power Users: Consumers with paid AI subscriptions demonstrate distinct “optimization” habits. Data shows these users plan early, shop across a wider variety of boutique and specialty merchants, and aggressively target promotions during Thanksgiving weekend before transitioning to experience and hospitality spending in December.

Last-Minute Shopping Behavior

The final rush to Christmas offers key operational insights for retailers:

  • In-Person and Malls: The final week before Christmas sees heavy physical store foot traffic, especially in enclosed shopping malls where consumers can complete multi-category purchases. Climate also plays a role: warmer-state residents (e.g., Florida, Nevada) are far more likely to make last-minute in-store runs than those in colder states.
  • Transaction Value Trends: Average order values for children’s items peak near Black Friday, while premium categories—such as jewelry, cosmetics, luxury handbags, and department stores—see transaction values climb steadily from December 15, peaking on Christmas Eve as procrastinating shoppers pay a premium for convenience.

AI tools lower search costs for consumers, making price transparency higher than ever. Retailers must capture early November demand through targeted promotions before comparison tools push shoppers toward alternative or boutique brands.

Last-minute shoppers are price-inelastic and seeking speed. Malls and physical stores should maximize inventory for high-margin, rush-gift items (jewelry, cosmetics, designer goods, gift cards) in the final 10 days, leveraging store availability over promotional discounting.

Overall, the 2026 holiday season showcases an adaptable U.S. consumer using digital and AI tools to maximize value while continuing to drive broader economic momentum.

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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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