News
IGJS Jaipur 2025 bolsters global connections amidst mounting trade challenges
Against a backdrop of mounting trade challenges, India’s gem and jewellery exporters gathered in Jaipur for the International Gem & Jewellery Show (IGJS) 2025, an exclusive export-focused event organized by the Gem & Jewellery Export Promotion Council (GJEPC). Held from April 3 to 5, the show drew 50 of India’s leading exporters and more than 180 international buyers from 28 countries, reinforcing Jaipur’s status as a pivotal hub in the global jewellery trade.
The show, hosted at the Novotel Jaipur Exhibition and Convention Centre, spotlighted the city’s long-standing reputation for integrated craftsmanship — where stone-cutting and jewellery manufacturing coexist within the same business ecosystem. For many international buyers, this “one-stop-shop” model remains a key draw.
Still, the atmosphere wasn’t without tension. The recent imposition of U.S. tariffs — ranging between 26% and 27% on Indian jewellery exports — loomed large over business discussions. Exporters expressed concern over the long-term implications for price-sensitive markets like the United States, which has traditionally been a top destination for Indian jewellery.
“Tariffs were the biggest talking point on the floor,” said one Jaipur-based exporter. “We’re now discussing cost-sharing models with our U.S. partners, looking to absorb the blow across the supply chain — from exporters to retailers to end consumers.”
Repeat buyers remained a bright spot, with several exhibitors reporting continued interest and steady orders from long-standing clients. But many acknowledged a pressing need to attract larger retail chain buyers, particularly as global trade routes shift.
In response to the evolving trade landscape, exporters are eyeing alternative markets such as Dubai and Saudi Arabia, regions with strong demand and more favorable trade terms. Industry stakeholders also pointed to the India-Australia Economic Cooperation and Trade Agreement (ECTA) as a promising channel for diversifying export destinations.
Despite challenges, the sentiment remained broadly optimistic. The GJEPC announced plans to significantly scale the show in 2026, targeting over 500 global buyers and more than 150 exhibitors, a move intended to elevate the show’s global standing and deepen its influence in the international marketplace.
At its core, IGJS Jaipur 2025 underscored themes of resilience, adaptability, and strategic collaboration — with industry players focused on navigating shifting trade dynamics while continuing to showcase the strength of Indian craftsmanship.
New Premises
Keemti Strengthens Indore Presence With Second Store At Scheme No. 140
Following The Success Of Its MG Road Outlet, The Lab-Grown Diamond Jewellery Brand Expands Its Indore Footprint With A Second Store At Scheme No. 140.
Keemti, the modern lab grown diamond jewellery brand founded by Armaan Kothari and backed by the Kothari Group and entrepreneur Nikhil Kamath, is strengthening its retail footprint in Indore with the launch of its second store at Scheme No. 140. Following an encouraging response to its MG Road store, the new location marks another milestone in Keemti’s retail expansion and reinforces Indore’s importance in the brand’s growth journey.
Keemti’s expansion into Scheme No. 140 comes in response to growing consumer interest in the city for fine jewellery that combines modern design, certified lab grown diamonds, quality craftsmanship, and competitive pricing. With two strategically located stores, Keemti is expanding its reach across Indore and bringing its retail experience closer to a wider base of consumers.
Indore’s evolving luxury landscape, growing community of young professionals and entrepreneurs, and increasing openness to new-age jewellery formats make it an important market for Keemti. Since entering the city, the brand has seen growing interest from consumers looking for jewellery that reflects their individuality and lifestyle, while offering the quality and trust traditionally associated with fine jewellery.
The new Scheme No. 140 store will feature a diverse range of jewellery across 14K gold and 925 sterling silver, including both studded and non-studded collections. The assortment spans everyday jewellery, workwear, rings, earrings, pendants, bracelets, mangalsutras, and occasion wear, offering something for the many facets of modern life. Designed with Keemti’s philosophy of intentional design and accessible luxury, the collection brings together modern aesthetics, exceptional craftsmanship, and the brilliance of certified lab grown diamonds. Customers will also have access to Keemti’s promises on buyback and exchange on eligible jewellery, reinforcing the brand’s commitment to long-term value and consumer trust.
A key differentiator for Keemti is its access to the Kothari Group’s extensive manufacturing expertise across the USA, Europe, and the Middle East. With strong in-house manufacturing capabilities and a factory-direct approach, Keemti eliminates multiple layers of intermediaries across the traditional jewellery supply chain, enabling the brand to offer thoughtfully designed jewellery at highly competitive prices. This direct-to-consumer model gives Keemti greater control over quality, craftsmanship, and pricing, allowing consumers to access exceptional fine jewellery at compelling value without compromising on design or finish.
Speaking about the brand’s expansion, Sunil Kothari, Chairman, Keemti, said:“Indore has emerged as an important market for Keemti, and the response to our MG Road store has given us strong confidence in the city’s potential. The launch of our second store at Scheme No. 140 allows us to take the Keemti experience to more consumers across Indore and strengthen our relationship with the city. Our focus is to offer thoughtfully designed jewellery, exceptional craftsmanship, and factory-direct value, while building a retail experience rooted in quality, transparency, and trust.”
Sharing his vision, Armaan Kothari, Founder, Keemti, added:
“Keemti was created for a new generation of Indian consumers who see jewellery as an expression of individuality, ambition, and personal milestones. Indore’s young and evolving consumer base strongly resonates with this vision, and the response to our first store has reinforced the opportunity we see in the market. With our second store, we are making the Keemti experience more accessible while continuing to offer modern design, certified lab grown diamonds, and compelling value through our manufacturing advantage.”

The expansion in Indore forms part of Keemti’s broader strategy to build a strong retail and omnichannel presence across India. Alongside its flagship store in Andheri, Mumbai, and its growing presence in Pune, the brand has established retail operations in Indore and Delhi, with additional store launches planned across key markets. Through its expanding network of stores, e-commerce, and marketplace presence, Keemti aims to make lab grown diamond jewellery more accessible while establishing a new standard for modern fine jewellery through intentional design, exceptional craftsmanship, and factory-direct pricing.
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