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GJS Diwali ends on a successful note; receive an overwhelming response

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The jewellery industry’s most premium B2B Expo, #HumaraApnaShow, India Gem and Jewellery Show (GJS), was organized by the apex industry body, the All India Gem and Jewellery Domestic Council (GJC), from 30th September 2023 to 3rd October 2023, at the prestigious Jio Convention Centre, Mumbai. The four-day event was inaugurated by the honourable Governor of Maharashtra, Shri Ramesh Bais, and was attended by over 400 exhibitors, with over 800 stalls, 250 international guests, and more than 10,000 visitors. 

The glittering ceremony also coincided with IDT Gemological Laboratories Worldwide presenting the gems and jewellery sector’s most important networking evening, GJS Nite, on 30th September 2023. This event helped provide a platform for professionals and newcomers in the jewellery industry to network and build relationships with established industry leaders and experts. The sparkling GJS Nite also featured several glamorous celebrities like Soha Ali Khan, Saiee Manjrekar, Shazahn Padamse, Ridhima Pandit walking the ramp to showcase leading jewellery brands. The GJS Nite event highlighted trending jewellery items, which remained the topmost attraction of the event.

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In a memorable occasion for innovative jewellers who have truly made a difference in the industry, GJC organized industry’s biggest award show, National Jewellery Awards (NJA) – to honour leaders of all sectors throughout the jewellery value chain. The 12th edition of NJA awarded several jewellery entrepreneurs across all categories to encourage recipients for a better future ahead.

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Shri Saiyam Mehra, Chairman, GJC, and Convener, GJS stated, “With the successful organization of GJS Diwali Edition 2023, we are convinced that it has become the industry’s biggest and widest expo. Our premium B2B expo proudly involves all sectors of the industry and provides a platform to discover new designs and provide better reach to exhibitors and visitors. 

GJS has generated a business of 25 tonnes in gold jewellery and an overall business of Rs 18000 crores which includes Couture, Loose stones, Diamonds, and Machinery section.

We thank all the guests for visiting and exhibiting in our Diwali Edition and we urge the industry players to be a part of our upcoming editions. We also thank our sponsors, partners, delegates, and associates who cooperated with us to make the GJS Diwali Edition such a remarkable event. It was a wonderful experience for all of us.”

Shri Rajesh Rokde, Vice-Chairman, GJC, and Co-Convener, GJS said, “GJS is appreciated and encouraged for its role in stimulating networking and business growth. Nurturing creativity and craftsmanship, and providing networking opportunities,is the core objective of GJS. We heartily thank all our visitors and exhibitors for being a part of and making the GJS Diwali Edition a success.

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TRENDS @ SSI DELHI 3RD EDITION

Tradition and innovation aren’t mutually exclusive — they’re partners

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Marketplace balancing heritage storytelling with the practical demands of a market hungry for lightweight, high-quality pieces.

The silver jewellery and articles industry continues to prove that tradition and innovation aren’t mutually exclusive — they’re partners. At  SSI Delhi 3rd Edition 

it pushes brands to reach new heights in design and craftsmanship, this season’s showcase revealed a marketplace balancing heritage storytelling with the practical demands of a market hungry for lightweight, high-quality pieces.

Shift to Lightweight

High gold prices are driving strong demand for lightweight silver pieces that retain a substantial, premium look without heavy grammage.

Optimistic Retail Sentiment

Retailers are actively acquiring inventory across both heritage temple designs and modern fashion-forward categories in anticipation of positive market momentum.

Hybrid Craftsmanship & Surface Finishes

Brands are blending classical techniques (Kundan, Nakash, Meenakari) with contemporary plating finishes like Black Rhodium and Rose Gold.

Diversification Beyond Jewelry

High-art silverware, sacred sculptures, novelty keepsakes, and men’s/teen wear are creating new, high-margin retail categories.

Threading through every collection was a clear market signal: demand for high-quality, lightweight jewelry is surging, driven largely by rising precious metal prices pushing consumers and retailers alike toward silver as a smart, elegant alternative.

Retailers on the floor were notably willing to pay a premium for innovation and quality — a sign that the market is rewarding craftsmanship rather than just chasing volume.

The mood among buyers was cautiously optimistic. There’s real hope that this season’s positive sentiment isn’t a one-off spike but the start of sustained momentum that carries on till the festive season and beyond. 

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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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