JB Insights
Grand Opening of PMI Goa 2025 Marks a New Milestone in India’s Jewellery Industry
The 7th Edition of the Preferred Manufacturers of India (PMI) Buyer-Seller Networking Meet officially opened today at the Grand Hyatt, Goa, marking the second show of this prestigious series.
The event was inaugurated by Chief Guest Shri. Rohan Khaunte Ji, Honourable Minister of Tourism, IT, Electronics and Communications, Printing and Stationery, Government of Goa, alongside Guest of Honour Shri. Bipin Kumar Upadhyay Ji, Commissioner – CGST. The traditional lamp lighting ceremony was led by the leadership of the All-India Gem and Jewellery Domestic Council (GJC), including Mr. Rajesh Rokde (Chairman), Mr. Avinash Gupta (Vice Chairman), Mr. Chetan Thadeshwar (PMI Convener), Mr. Saiyam Mehra (Joint Convener), Mr. Madan Kothari (Joint Convener), and Mr. Salim Daginawala (Co-Convener).
The event witnessed enthusiastic participation from over 45 distinguished manufacturers and more than 210 premium retailers from across India, underscoring the spirit of collaboration and progress in the Indian gems and jewellery sector.
For the first time, PMI Goa introduced an exclusive Diamond Pavilion, featuring 15 distinguished diamond manufacturers who showcased some of the finest craftsmanship in the industry. This premium addition elevated the overall offering of the event. Meanwhile, the Gold Pavilion displayed a spectacular range of antique, couture, and contemporary jewellery collections, including 18-carat gold, rose gold, and diamond jewellery—all under one roof. Organizers anticipate that over 2,000 kilograms of business will be transacted during the three-day showcase.
A key highlight of the day was the formal launch of the 14th edition of the National Jewellery Awards (NJA), announced by Mr. Sunil Poddar, NJA Convener. The NJA continues to honour creativity, craftsmanship, and excellence across the jewellery value chain. The 2025 edition promises a robust and transparent evaluation process, overseen by global consulting firm Ernst & Young.
Industry leaders shared their enthusiasm for the event:

Mr. Rajesh Rokde, Chairman of GJC, said: “PMI Goa 2025 represents the continued evolution of our industry’s growth story. It is a powerful platform that fosters genuine business relationships and quality interactions, enabling the sector to respond swiftly to market dynamics.”
Mr. Avinash Gupta, Vice Chairman of GJC, added: “Goa has a natural vibrancy, and PMI carries that same spirit. Beyond the dynamic atmosphere, PMI is delivering focused, high-value business opportunities, uniting top manufacturers and premium retailers in a relationship-driven environment.”


Mr. Chetan Thadeshwar, Convener of PMI, said: “The response at PMI Goa has been truly overwhelming. With over 210 premium retailers participating, the energy and enthusiasm have been phenomenal. The introduction of the exclusive Diamond Pavilion has added a new dimension, elevating the overall experience.”
Mr. Saiyam Mehra, Joint Convener of PMI, noted: “PMI Goa is the much-needed boost the industry was waiting for. With more than 60 manufacturers and over 210 buyers under one roof, we expect over 2000 kilos of business in just three days. The entire team’s commitment has brought renewed energy to the sector.”


Mr. Madan Kothari, Joint Convener of PMI, added: “We are proud to see PMI Goa emerge as a benchmark for focused and premium networking. The collective energy, curated interactions, and strategic buyer mix have made Day 1 a resounding success.”
The first day of PMI Goa 2025 has set an upbeat and energetic tone for the days ahead, reaffirming the event’s role as a catalyst for business growth, creativity, and collaboration in India’s evolving jewellery landscape.





Education
The New-Age Jewellery Professional: Why Tech Education for Jewellery Industry is the Biggest Growth Driver
#JbExclusive
The jewellery industry is no longer defined by craftsmanship alone. Today, it sits at the intersection of design, technology, sustainability, finance, branding, and global trade. As consumer expectations evolve and competition intensifies, structured education and continuous skill development are emerging as the most powerful growth catalysts for the sector.
For a dynamic industry like India’s jewellery market, education is not optional — it is strategic.
From Karigar to Knowledge Professional
For decades, the backbone of the industry has been generational craftsmanship. While this legacy remains invaluable, modern jewellery businesses now demand professionals who understand:
- Gemology and diamond grading
- CAD and 3D jewellery design
- Retail management and consumer psychology
- Digital marketing and brand storytelling

- International trade compliance and tariffs
- ESG and sustainability frameworks
Institutions such as the Gemological Institute of America and the Indian Institute of Gems and Jewellery have played a key role in formalising education pathways, helping transform traditional artisans and retailers into globally competitive professionals.
Trend Watch: Rise of Tech-Integrated Learning
One of the strongest education trends shaping the industry is technology integration.
- CAD & CAM Training: Digital prototyping reduces costs and speeds up product development cycles.
- AI in Retail Forecasting: Data-driven inventory planning is replacing intuition-based buying.

- Blockchain Awareness: Traceability in diamonds and coloured gemstones is becoming a compliance requirement rather than a luxury.
- Lab-Grown Diamond Expertise: As lab-grown diamonds gain market share, understanding grading, pricing dynamics, and consumer positioning has become critical.
Educational programs now increasingly blend online modules with hands-on workshops, enabling faster upskilling for working professionals.
The Bridal Economy & Consumer Education
India’s bridal jewellery segment continues to drive demand, but the modern bride is informed and research-oriented. She compares:
- Natural vs lab-grown diamonds
- Hallmarking standards

- Ethical sourcing claims
- Design originality
Retailers who invest in staff education see higher trust conversion rates. Well-trained sales professionals are no longer “salespeople” — they are consultants guiding life-defining purchases.
Financial Literacy in Jewellery
Another emerging area is financial education within the industry itself. With gold functioning as both adornment and asset, professionals must understand:
- Gold monetisation frameworks
- Hedging strategies

- Commodity price cycles
- Working capital management
Structured knowledge helps businesses move from being inventory-heavy traders to strategically managed enterprises.
Sustainability & Responsible Sourcing
Global buyers increasingly demand proof of ethical sourcing and environmental compliance. Education around responsible mining practices, supply-chain transparency, and ESG reporting is becoming central to export competitiveness.
Industry bodies such as the Gem & Jewellery Export Promotion Council regularly conduct seminars and workshops to align Indian exporters with evolving global standards.
The Future: Hybrid Skills Will Win
The next generation jewellery professional will not be defined by a single skill. The future belongs to those who combine:
- Design sensibility
- Technical expertise
- Business acumen

- Digital fluency
- Ethical awareness
For a sector contributing significantly to India’s exports and employment, education is the bridge between heritage and high growth.
Knowledge is the new luxury. As the jewellery industry transitions into a more organised, tech-enabled, and globally integrated ecosystem, continuous learning will determine who leads and who lags. The sparkle of the future will not just come from diamonds — it will come from informed minds shaping the industry.
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