Connect with us

JB Insights

Grand Opening of PMI Goa 2025 Marks a New Milestone in India’s Jewellery Industry

Published

on

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

JB Insights

The Woman Wearing The Diamond Was Never The One The Ad Was Talking To

Disha Shah, Founder & Designer, DiAi Designs Says That The Brands That Shift From “She Deserves It” to “She Chose It” Won’t Just Win Cultural Relevance – They’ll Own The Future Of Jewellery Marketing.

Published

on

Indian jewellery advertising has always centred the woman. She has been the face of every campaign, draped in gold, luminous at the occasion, receiving the gift with practised grace. What she rarely was, until recently, was the intended audience.

The creative language of the category was built around a genuine economic reality. For decades, the buyer in Indian fine jewellery was the patriarch, the husband, the father, the family elder making a financial decision on behalf of a woman whose purchasing autonomy was limited. Advertising followed the money. The gift reveal, the bridal close-up, the family approval shot: these were not arbitrary creative choices. They reflected who held the purse strings, and they became so embedded in the category’s visual grammar that they outlasted the conditions that created them by an entire generation.

That structural reality has now reversed. Jewellery purchases now extend beyond weddings and festivals to daily wear, driven by financially independent working women. The self-purchasing woman is no longer an emerging segment; she is the category’s fastest-growing buyer, approaching the decision differently from the buyer the industry originally designed itself around. She is not waiting for an occasion. She is not waiting for someone to present a box. She researched the piece, chose it, and bought it because she wanted it.

The advertising, for the most part, has not caught up.

Some brands are beginning to recognise this. CaratLane’s #WearYourWins movement and Tanishq’s sustained push toward the “woman as decision-maker” are meaningful steps. But what makes these campaigns commercially smart is not just cultural alignment. Research from Harvard Business School finds that women systematically provide less favourable assessments of their own performance and potential than equally performing men. This documented self-promotion gap persists even when women know they have outperformed others. Campaigns that actively celebrate female self-recognition are not just filling a creative gap. They are responding to a behavioural reality that has gone largely unaddressed in the category. The brands doing this well are not being progressive for their own sake. They are being accurate about who their buyer is and what she needs to hear.

Look at the Women’s Day 2026 campaigns across the industry. The conversation is clearly starting to pivot. Brands are finally stepping away from the usual gifting tropes and reframing jewellery as a tool for personal milestones and self-expression. But these remain exceptions. The dominant campaign language of Indian jewellery- the gesture, the reveal, the woman being seen rather than deciding- has not structurally changed.

The media mix tells the same story. Titan leaned heavily on television in FY25, with ad volume surging to 77% of its mix, a broadcast medium built for household reach rather than the individual, financially independent woman who now represents the category’s fastest-growing buyer.

Meanwhile, digitally native BlueStone achieved 50% of online jewellery ad volumes on a budget nearly ten times smaller than Titan’s. The channel that reaches the self-purchasing woman directly is delivering outsized results on a fraction of the spend. The implication for where the industry should be directing its creative attention is fairly clear.

Consider what a brief genuinely written for this buyer would look like. No occasion in the shot. No second person in the frame presents anything. The opening line is not “for the woman who deserves to be celebrated.” It is “she saw it, she wanted it, she bought it.” The product earns its place not through sentiment but through desire. The copy does not explain why she is worth it. It assumes she already knows. That is not a tonal adjustment. It is a fundamentally different creative architecture, and very few briefs in this category have been written that way.

The LGD category has a specific opportunity here that established houses do not. Without decades of legacy campaign language to protect, an independent designer in this space can build advertising from a blank page, one written entirely around the woman who is actually making the purchase. The brief does not have to accommodate inherited assumptions about who the buyer is or what she is waiting for. That is not a small advantage. In a category where the dominant creative language was built around a buyer who is no longer the one making the decision, starting without that inheritance may be the most powerful creative position available.

The woman wearing the diamond has always been visible. What is changing now is who gets to decide. The brands that build their creative around that reality will not just be more culturally relevant. They will be better positioned for every year that follows. The advertising has not caught up yet. But the buyer already has.

Continue Reading

Trending

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.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x