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IGJS Jaipur 2025 opens;welcomes over 180 international buyers from 28 countries
Amid the evolving global trade landscape, the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the International Gem & Jewellery Show (IGJS) Jaipur 2025 today, reinforcing India’s commitment to strengthening its gem and jewellery industry as it navigates the recent announcement of a 27% reciprocal tariff by the US administration on Indian exports.
The 4th edition of IGJS Jaipur, organized by GJEPC, is being held from 3rd to 5th April 2025 at Novotel, Jaipur Exhibition and Convention Centre (JECC), Jaipur. SECURE is the logistics partner for IGJS 2025. The show serves as a premier B2B platform for fostering trade collaborations and expanding India’s footprint in key global markets.
The event was inaugurated by esteemed dignitaries, including Retired Major General Anuj Mathur; Mrs. Shilpi R Purohit, Joint Commissioner, District Industries Centre, Government of Rajasthan; Mr. Gaurav Joshi, Joint Director & HOO, MSME – Development Institute, Ministry of MSME Jaipur; Mr. Shaunak Parikh, Vice Chairman, GJEPC; Mr. Yogendra Garg, Regional Chairman (Rajasthan), GJEPC; Mr. D.P. Khandelwal, Convener, Coloured Gemstone Panel, GJEPC; Mr. Krishna Behari Goyal, Convener, Silver Panel, GJEPC; Mr. Arvind Gupta, Convener, SEZ Panel, GJEPC; and Mr. Siddhartha H, COO, GJEPC.
Over 50 companies exhibiting at 62 booths, presented a stunning collection of loose gemstones, dazzling diamonds, gemstone-studded masterpieces, and exquisite silver jewellery.
Talking about the show, Shaunak Parikh, Vice Chairman, GJEPC, said, “IGJS Jaipur 2025 offers an unparalleled platform to strengthen partnerships and expand global connections. This year, we are proud to host over 50 companies across 62 booths, welcoming more than 180 international buyers from 28 countries, including the USA, UK, Europe, Oceania, MENA, Russia, and the CIS regions. As a premier business-to-business show, IGJS Jaipur fosters collaboration, drives trade, and unlocks new opportunities in the world of fine jewellery.
Jaipur has long been renowned for its exceptional craftsmanship, and IGJS Jaipur 2025 continues to be the go-to destination for international buyers seeking high-quality jewellery from India. The event showcases the finest gemstone and jewellery collections from leading manufacturers, reinforcing Jaipur’s position as a global hub for innovation and excellence in jewellery.”
On this occasion, Shaunak also addressed concerns regarding the recently imposed 27% tariff by the US administration on India which will have a significant impact gem and jewellery exports. He reiterated GJEPC’s stance, urging the US to uphold the spirit of the longstanding trade partnership between India and the USA, built on mutual respect and shared economic interests.
“The tariff presents both challenges and opportunities. In the short term, we anticipate difficulties in sustaining India’s current export volume of USD 10 billion to the US market. In the long term, this could reshape global supply chains,” said Parikh. He further added, “We urge the Government of India to progress the Bilateral Trade Agreement between India and the US, as it would be crucial in navigating the tariff issues and securing long term interest of the sector.”
GJEPC is actively engaging with stakeholders to address the potential risks and explore solutions that ensure continued access to the US market. The Council remains committed to working with the Government of India to progress discussions on trade negotiations that protect the industry’s growth trajectory.
Talking about the Jaipur gem and Jewellery sector Shaunak Parikh said, “GJEPC is committed to taking Jaipur’s gem and jewellery industry to the next level, ensuring its growth as a global hub. GJEPC is also working closely with the government to establish a Special Notified Zone (SNZ) in Jaipur, allowing direct sourcing of rough gemstones from miners, replicating the successful models of SNZs in Bharat Diamond Bourse and Surat Diamond Bourse. Additionally, Initiatives like the India Rough Gemstone Sourcing Show (IRGSS)—scheduled from 11th to 30th April 2025—are crucial in maintaining a steady supply of rough gemstones for manufacturers. These strategic efforts will further strengthen Jaipur’s position as a leading centre for gemstone manufacturing and jewellery exports.”
Yogendra Garg, Regional Chairman (Rajasthan), GJEPC, said, “Gem Bourse in Jaipur, developed by GJEPC in collaboration with the Jewellers Association, Jaipur, and with the visionary support of the Rajasthan Government. Spread across 43,828 square meters, this world-class facility will not only boost exports but also create 60,000 jobs, transforming Jaipur into a global hub for gems and jewellery.”
By bringing together global buyers and Indian exporters, IGJS Jaipur plays a pivotal role in strengthening India’s position as a trusted sourcing hub, even as the industry navigates complex trade dynamics. GJEPC remains optimistic that initiatives like IGJS will bolster trade relations and open new avenues for growth in emerging markets.
Jeremy Keight, GJEPC Coordinator, Asia Pacific, Oceania, UK, Africa, US & Europe, said: “We’re in an ever-changing jewellery industry where designs and demands evolve, and that only happens through collaboration between the buyers and the suppliers. I encourage you to be open with exhibitors, explore possibilities, and dive into design—that’s how we grow as an industry.”
Ali Pastorini, GJEPC Coordinator, Latin America, commented, “I’m proud to bring delegations to this high-quality event. In these challenging times, unity is crucial, and this is a prime opportunity for buyers and sellers to connect and do great business. We must keep pushing forward. India’s exports must not depend solely on the USA—explore untapped markets like Latin America to open new doors. Visitors, take advantage of the incredible companies here; I visited factories yesterday, and you won’t be disappointed.”
Exhibitors were bustling with activity right from the inaugural day of the show. Jinesh Mehta, Founder of Kaamya Jewels, a high-design jewellery brand, remarked that they had been so engaged with clients that they hadn’t even found time for a lunch break.
- Event marks 42 years of Incorporation and 16 years of Operations
- Recently-appointed Consul-General’s first visit to the Bourse helps strengthen a century-old bond
- Long service awards presented to outstanding employees
Bharat Diamond Bourse today marked 42 years of incorporation and 16 years since the commencement of operations at the BDB Complex in BKC with a special programme graced by H. E. Pierre Stverlynck – Consul General of Belgium in Mumbai as Chief Guest and a number of leading diamantaires.
The function was organised to celebrate the crucial roles played both by the visionaries who conceptualised the need for a centralised infrastructure to boost the diamond trade over four decades ago, and the employees who have run the daily operations in a highly efficient and professional manner.
In his Welcome Address, BDB Vice President, Mehul Shah explained the significance of celebrating twin milestones – 42 years of incorporation and 16 years of operations. He said:
“BDB began with a vision and is now the world’s largest operational bourse, and a symbol of India’s leadership in the diamond world and excellence in every aspect of operations.”
He added, “It is significant that the Consul General of Belgium is with us on this special occasion. Antwerp and Mumbai have a very close relationship, going back more than 100 years. Today the two cities have bonds based on trust, trade and friendship. We are committed to strengthening this bond over the next century as well.”
Congratulating the awardees he said that members may be the owners, but it is the staff who run the complex and have helped build it as the “best of the best” centres for diamonds. “Personal integrity combined with hi-tech surveillance have made BDB one of the safest places in the world,” he explained, and urged all present never to forget that “it is the soldiers who fight and win the wars.” Mr Shah offered compliments to all the awardees and congratulated Team BDB.
Speaking on the occasion, Anoop Mehta, President BDB, welcomed Mr Stverlynck who has recently assumed charge as Consul General of Belgium in Mumbai.
“We are sure that this will be the first of many visits to our Bourse,” he said, noting that the Consulate is the nearest neighbour of the complex.
“The BDB leadership has always enjoyed a very special relationship with the Belgian consulate,” he added, “built on the longstanding bonds between the diamond industry in our two countries.”
Mr Mehta said it was heartening that so many employees had remained loyal to the BDB for multiple years, and urged all gathered to reach out through their department heads to put forward suggestions for further changes and improvements
Mr Stverlynck, who was on his first visit to the Bourse after assuming charge as Consul General, said he was extremely impressed with the facilities available for exporters within the complex. Assuring the trade of cooperation and support, he said he was happy to be personally present to celebrate such a remarkable institution as BDB that has become a key pillar of the India diamond industry.
Congratulating the leadership for its role in steering the bourse, as well as those employees who had received long service awards, Mr. Stverlynck said:
“The consolidated knowledge and experience of so many from those at the top to a number of others who contributed in various ways, is an asset to the industry.”
Special long service awards were presented to employees who completed special milestones during the year. These included 30-year, 25-, 15-, 10- and 5-year service awards to a few employees.
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