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IGJS Jaipur 2025 bolsters global connections amidst mounting trade challenges

Published

1 year ago

April 7, 2025

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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.

Related Topics:2025 gjepc IGJS nationalnews tradeevents

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New Premises

P. N. Gadgil & Sons Expands in Pune with New Store at Tribeca Highstreet; Launches 9KT Collection

The Gifting Edition Across All PNGS Showrooms

Published

9 hours ago

April 7, 2026

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The iconic jewellery house deepens its presence in Pune with a premium new address. It broadens its offering with a collection designed to make gold gifting effortless and everyday — while staying rooted in the traditional craftsmanship that has defined the brand for nearly two centuries.

P. N. Gadgil & Sons (PNGS), one of India’s most trusted jewellery retailers with a legacy spanning nearly two centuries, has unveiled its latest showroom at Tribeca Highstreet, Pune. Alongside this, the brand announces the pan-India launch of its 9KT Collection – The Gifting Edition, now available across all PNGS showrooms — a new chapter in the brand’s range that sits alongside, not in place of, the traditional jewellery that generations of customers have come to cherish.

Built on Tradition, Expanding with Intent

PNGS has long been synonymous with jewellery that marks life’s most significant moments — intricate gold sets rooted in Maharashtrian craft traditions, bridal collections steeped in heritage, and heirloom pieces designed to be passed down through families. That identity remains at the core of everything the brand does.

What is changing is the breadth of what PNGS now offers. Recognising that its customers span multiple generations, occasions, and sensibilities, the brand is thoughtfully expanding its range — introducing collections that speak to contemporary lifestyles and everyday moments. At the same time, the traditional jewellery that has defined PNGS for nearly 200 years continues to hold its rightful place at the centre.

The new showroom at Tribeca Highstreet reflects this dual commitment. In this space, customers can find timeless gold pieces rooted in PNGS’s heritage, as well as contemporary 9KT designs crafted for everyday wear and effortless gifting.

A New Address in Pune’s Evolving Retail Landscape

Tribeca Highstreet adds a significant new chapter to PNGS’s deep-rooted presence in its home city. The showroom brings the brand’s full spectrum to a new generation of Pune consumers — from its signature traditional jewellery, hallmarked for purity and crafted with generations of precision, to its newest contemporary offerings.

With this opening, PNGS now operates 34 showrooms across 23 cities in 3 states — a network built steadily and deliberately, reflecting the trust the brand has earned with customers across Maharashtra, Karnataka, and Gujarat. This growth has also seen PNGS climb from rank 471 to 280 on the 2024 Fortune 500 India list, a marker of the brand’s expanding scale and consumer confidence.

Introducing the 9KT Collection – The Gifting Edition

The newest addition to the PNGS range is the 9KT Collection – The Gifting Edition — conceptualised around accessible luxury and effortless gifting. Featuring versatile, contemporary designs for the modern consumer, it is crafted to celebrate everyday moments and make gold more approachable, easy to choose, and perfect for thoughtful gifting.

This is not a departure from what PNGS is. It is an expansion of what PNGS can be — for a customer who may already own the brand’s traditional pieces for weddings and festivals. Still, it now wants gold that works for a Tuesday birthday, a colleague’s farewell, or a quiet personal purchase. The 9KT format brings fine jewellery within reach for a wider set of moments, without compromising on the design integrity or purity assurance that is non-negotiable for PNGS.

Aditya Modak, COO & CFO, P. N. Gadgil & Sons

“Our traditional jewellery is not going anywhere. The craftsmanship, the heritage designs, the gold pieces that have been part of Maharashtra’s most precious family moments — that will always be the heart of PNGS. What we are doing now is ensuring that the brand also has something meaningful to offer in between those big moments. The 9KT Collection – The Gifting Edition is for the customer who loves gold but wants to engage with it more often, more freely, and without the weight — literal or otherwise — of occasion-driven buying. Tribeca Highstreet, as a location, speaks to exactly this: a customer who respects tradition but lives a modern life. We want PNGS to be present across every chapter of her journey — not just the milestone ones.”

Available now across all 34 PNGS showrooms, the collection spans contemporary, wearable forms suited to the modern recipient — across birthdays, anniversaries, festivals, and occasions that need no label at all.