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IIJS Bharat – Signature 2026 Wraps Up with Estimated ₹75,000 Crore in Revenue 

Strong global buyer participation, startup mentorship through JewelStart, and a sharp focus on exports, sustainability, and retail growth shape the industry roadmap

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  • 25,000+ domestic trade buyers and 1,400 international buyers from 40 countries underline global demand 
  • Launch of ‘JewelStart’ to mentor startups and nurture the next generation of jewellery entrepreneurs 
  • Focus on exports, FTAs, responsible sourcing, sustainability, and retail expansion

The 18th edition of IIJS Bharat – Signature 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC), concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated Rs.75,000 crore in business expected to be realised over the next three months. 

The show attracted over 25,000 trade buyers from more than 800 Indian cities, signalling robust domestic demand. Its growing international stature was reinforced by the participation of 1,400 international buyers from 40 countries, along with 12 high-level international delegations, highlighting sustained global interest in Indian-crafted gold, diamond, silver, and lab-grown jewellery. 

The inauguration of IIJS Bharat – Signature 2026 was held across both venues in Mumbai. The inaugural ceremony at the Jio World Convention Centre (JWCC) on 8 January was graced by Chief Guest Sandrine Conseiller, CEO – De Beers Brands and Chairperson, Natural Diamond Council, along with Guests of Honour Harsha Bangari, Managing Director, EXIM Bank, and Saumen Bhaumik, Managing Director, CaratLane. The ceremonial ceremony at the Bombay Exhibition Centre (NESCO) on 9th January was marked by the presence of Guests of Honour Neeraj Agarwal, Ambassador-Designate of India to Mauritania (West Africa), and Arun Narayan, CEO – Jewellery Division, Tanishq, alongside the senior leadership of the Gem & Jewellery Export Promotion Council (GJEPC)

Kirit bhansali

Commenting on the successful conclusion, Kirit Bhansali, Chairman, GJEPC, said,“IIJS Bharat – Signature 2026 has sent a clear and confident signal for the year ahead. The estimated Rs.75,000 crore in business expected to be generated from this edition underscores the scale, credibility, and momentum of India’s gem and jewellery industry. As the first major B2B jewellery show of the year, IIJS continues to set the direction for the global trade calendar.

With sustained demand across gold, diamonds, coloured gemstones, silver, and lab-grown jewellery, we remain firmly on course towards our long-term vision of achieving USD 100 billion in exports by 2047—driven by innovation and global partnerships.”

The Chief Guest, Sandrine Conseiller, CEO, De Beers, inaugurated the show and highlighted, “there is no better place to talk about the future of jewellery than India. From being the birthplace of the world’s diamond story to emerging as one of the fastest-growing markets today, India continues to be a pillar of stability and opportunity for the global gems and jewellery industry. Platforms like IIJS Signature play a critical role in strengthening trust, partnerships and confidence across the ecosystem, while reinforcing India’s position at the heart of the global jewellery trade.”

Saumen Bhaumik, Managing Director, CaratLane said, “As our industry grows, every stakeholder has benefited, but continued investment in skills and craftsmanship will be key to sustaining this momentum. With the industry expected to grow significantly in the
coming years, the availability of skilled hands will become critical. Making artisans a priority is not charity, it is business prudence. If we want to be global leaders, dignity, pride and security for craftsmanship must sit at the centre of our growth story.”

Shaunak Parikh, Vice Chairman, GJEPC said, “IIJS Bharat – Signature 2026 represents India’s commanding position in the global gem and jewellery industry, spanning manufacturing excellence, design innovation, and a rapidly growing domestic market. As the first major international jewellery trade fair of the year, it is where the global industry turns to India for direction and opportunity. The scale of participation,
growing international presence, and strong entry of new enterprises reflect the confidence of the trade—making IIJS Bharat – Signature the definitive platform where the global jewellery business year truly begins.”

A key highlight of the IIJS Bharat – Signature 2026 was the launch of ‘JewelStart’, a new GJEPC initiative designed to mentor startups and emerging entrepreneurs in the jewellery sector, ensuring a strong pipeline of innovation and future-ready talent. 

The Crafts Pavilion at IIJS Bharat – Signature 2026 received strong interest from buyers and designers, with visitors engaging closely with National Award-winning artisans and traditional craft techniques. Several participants also initiated discussions to seek artisan support and explore the integration of heritage craftsmanship into contemporary jewellery collections.

Further expanding the scale and scope of the event, IGJME Bharat – Signature 2026 was inaugurated alongside IIJS Bharat – Signature in Mumbai. The dedicated machinery and technology showcase brought together cutting-edge manufacturing solutions, advanced equipment, and allied services, offering a comprehensive view of the latest innovations shaping jewellery production. Seamlessly complementing the jewellery exhibitions at the Bombay Exhibition Centre, IGJME created a truly end-to-end sourcing and manufacturing platform for the global gem and jewellery industry.

This year’s exhibition highlighted a strong market preference for jewellery. The same priced below Rs.5 lakh, driven by a consumer shift toward classic minimalism and “no-clutter” designs built for longevity. While diamond bridal sales saw slight moderation, fancy-cut diamonds—specifically pear-shaped and marquise stones—delivered standout performances. Additionally, organic gems are seeing a resurgence, with pearls positioned for a significant market comeback.

Rising metal costs have forced an industry-wide transition in gold purity and manufacturing. There is a notable shift toward 18-karat gold, even in regional markets that traditionally preferred 22–23-karat purity. While 14-karat and 9-karat options face limited acceptance in Tier III and IV towns due to cultural value concerns, technology has successfully reduced metal weight by 15% in many collections. Furthermore, 3D manufacturing has expanded into the bridal segment, achieving weight reductions of up to 40% compared to traditional handmade designs.

The colored gemstone category is experiencing robust growth, with tanzanite emerging as the primary alternative to blue sapphire. Demand was strongest for stones ranging from 1 to 10 carats, with price points spanning $50 to $200 per carat depending on quality. This surge in blue stones complements the consistent demand for emeralds and rubies, as consumers increasingly seek to complete a full color palette in their high-end jewellery collections.

As the curtains fall on this landmark edition, IIJS Bharat – Signature 2026 has firmly reinforced India’s position at the centre of the global jewellery trade, setting the stage for sustained growth and export momentum in the year ahead.

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Abaran Timeless Jewellery Champions Heritage Conservation To Safeguard Traditional Craftsmanship

Support For Hastashilpa Heritage Village Reflects A Commitment To Preserving India’s Architectural and Artisanal Legacy For Future Generations.

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As India’s historic buildings continue to face mounting pressure from urbanisation, redevelopment, and changing lifestyles, concerns are growing not only about the loss of architectural landmarks but also the disappearance of the traditional skills and craftsmanship that created them. Recognising this challenge, Abaran Timeless Jewellery has extended its support to Hastashilpa Heritage Village, reinforcing the importance of preserving cultural heritage and artisanal knowledge.

Through the Abaran Foundation, the philanthropic arm of the Bengaluru-based jewellery house, the company supports a range of initiatives spanning education, healthcare, community welfare, arts, and heritage conservation. Its association with Hastashilpa Heritage Village reflects a deeper commitment to protecting India’s rich cultural legacy beyond the jewellery industry.

Located in Manipal, Hastashilpa Heritage Village is regarded as one of India’s most significant heritage conservation projects. Founded by conservationist Vijaynath Shenoy, the village has successfully rescued and reconstructed traditional homes from across coastal Karnataka, preserving architectural styles and craftsmanship that may otherwise have been lost to neglect or redevelopment.

The conservation process shares many similarities with the art of jewellery making. Every carved beam, decorative element, and handcrafted detail requires meticulous documentation, restoration, and respect for traditional techniques. Much like restoring an heirloom jewel, preserving heritage architecture demands both technical expertise and cultural sensitivity.

For Pratap Kamath, Managing Director of Abaran Timeless Jewellery, the initiative holds personal significance. He noted that the heritage village is located in Udupi, where Abaran was originally founded by his grandfather, Sri Sadanand Kamath. According to Pratap Kamath, the company was inspired by the efforts to preserve heritage homes that might otherwise have vanished as younger generations moved away in search of new opportunities.

His observations reflect a wider concern within the luxury and craft sectors. Whether restoring a centuries-old structure or creating a handcrafted jewel, both disciplines depend on knowledge and expertise that cannot be easily replicated through mass production. Once lost, such skills are extremely difficult to recover.

At the same time, consumers are increasingly drawn to brands that demonstrate authenticity, cultural relevance, and a commitment to preserving heritage. As a result, heritage conservation is evolving from a philanthropic activity into an important reflection of a brand’s values and identity.

Initiatives such as Hastashilpa Heritage Village serve as an important reminder that heritage extends beyond products—it also includes the ecosystems of craft, culture, knowledge, and tradition that make those creations possible.

As India’s architectural treasures and jewellery traditions navigate similar challenges, efforts to preserve one may ultimately help protect the other, ensuring that valuable skills and cultural legacies continue to inspire future generations.

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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.

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