OurBuzz
IIJS Premiere 2023 starts with a bang, sets an optimistic outlook for the future

- The show is held concurrently at JIO World Convention Centre (JWCC) and Bombay Exhibition Centre (BEC)
- 42,000 pre-registered visitors pouring in from across India
- 2,000 visitors from over 65 countries
- 3,250 stalls with 1,850 exhibitors, covering an expansive area of 70,000+ sq. mtrs of Exhibition Area.
National, 3rd August 2023: The much-awaited 39th edition of IIJS Premiere 2023, organized by the Gem & Jewellery Export Promotion Council (GJEPC), kick-starts today in Mumbai. This prestigious event brings together the gems and jewellery industry for an extraordinary showcase of excellence, innovation, and sustainability. IIJS Premiere 2023 promises to be the largest gathering of domestic and international buyers, offering Indian jewellery manufacturers an unparalleled platform to connect with retailers and explore product design and demand trends.
This year the IIJS Premiere is show simultaneously organised at two venues – the Jio World Convention Centre (JWCC) from 3rd to 7th August, and the Bombay Exhibition Centre (BEC) from 4th to 8th August. Combined, these venues will accommodate 3,250 stalls and welcome 1,850 exhibitors, covering an expansive area of 70,000+ sq. mtrs of Exhibition Area.
The grand opening of the show was marked with the gracious presence of Guests of honour Mr. Mike Hankey, Consul General, Consulate General of USA; Dr. Sanjay Mukherjee, IAS, Metropolitan Commissioner, MMRDA; Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group; Mr. G.R. Radhakrishnan, Managing Director, GRT Jewellers India Pvt. Ltd. along with Mr. Vipul Shah, Chairman, GJEPC; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Nirav Bhansali, Convener, National Exhibitions; and Mr. Sabyasachi Ray, Executive Director amongst others.
The response to IIJS Premiere 2023 has been overwhelming, with a record-breaking 42,000 pre-registrations from across India. The event will witness more than 2,000 visitors from over 65 countries, including the USA, UK, UAE, Australia, Canada, New Zealand, Fiji, Saudi Arabia, Qatar, Iran, Muscat, Italy, Bangladesh, Bahrain, Kuwait, Germany, Turkey, Singapore, Thailand, Vietnam, Cambodia, Sri Lanka, and many more. The distinguished guest list includes delegations from 16 nations, elevating the event to an unparalleled international stature.
Mr. Vipul Shah, Chairman, GJEPC, said, “Last year, the show generated business worth ₹50,000 crore, and with the current trend of a 30% increase in visitor footfalls, we are optimistic about achieving at least 30% to 40% growth in business. More exhibitors and visitors translate to more opportunities for business transactions. Additionally, the market conditions are favourable, with stable gold prices and a robust economic growth in India and the surrounding regions like the Middle East. After some initial challenges, the market has stabilised. Considering the positive response we have received so far, I think IIJS Premiere 2023 will break all records of the past in terms of doing business. This will be our most successful show till date.”
Mr. Mike Hankey, Consul General, Consulate General of USA, said, “Like the rest of the world, the United States recognises the staggering potential of the Indian economy to bring prosperity to all of its citizens and to world partners. I congratulate those in the gem and jewellery industry who are doing so much to expand that prosperity to hire and advance those from underserved communities, from women into leadership roles on their staff. The United States understands the considerable importance of the diamond manufacturing industry to India and its immense contribution to employment that I’ve seen personally.”
Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group said, “India was already one of the world’s top markets, but it has also been the fastest growing major market this year. The number of middleclass households is expected to grow 30 million in the next decade alone, something like almost 15 times the population of Botswana today. It’s clear that the landscape in India will be a perfect platform for growth.”
“Two of the most important trends, we see in De Beers are around provenance and lab grown diamonds. In matters of provenance, we’re seeing a growing interest about where diamonds come from, and more importantly, perhaps the impact they have on the people and places on their journey to the consumer.”
“It’s not much of a surprise to see that natural diamonds at LGDS are rapidly diverging from each other. In such an environment of change, once again, the key to analysis to understand how to capture that opportunity.”
Mr. Nirav Bhansali, Convener, National Exhibitions, GJEPC, announced the success of the “One Earth” initiative, “Since the beginning of this year, GJEPC has embarked on a transformative journey towards environmental sustainability with the launch of the ‘One Earth’ initiative. Today, we are proud to announce that the initiative has surpassed all expectations, achieving the target of planting 1 lakh trees. This remarkable accomplishment is not only making a positive impact on the environment but also generating an astonishing Rs. 100 crore for marginal farmers, fostering robust economic growth in rural communities. Moreover, our collective efforts will lead to a reduction of 40,000 tons of Carbon dioxide, and will produce an impressive 67,000 tons of vital oxygen and create 220 acres of lush green cover, nurturing biodiversity.”
Recognizing the labour-intensive nature of this sector, the government on its part has taken several steps to boost exports. Shah said that the new e-commerce policy promises to boost retail exports, opening up exciting avenues for growth, while Strategic Free Trade Agreements (FTAs) with UAE and Australia have facilitated international trade. The Ministry is on the verge of finalising couple of more FTAs with in the near future.
Shah pointed out that the Ministry of Commerce and Industry’s backing has led to the establishment of a Mega Common Facility Center (CFC) in SEEPZ, while the Maharashtra Government’s support has paved the way for a Jewellery Park in Mumbai. The India Jewellery Park Mumbai is set to be a transformative project that propels the gem and jewellery industry in Maharashtra to new heights. Through its integrated approach, state-of-the-art infrastructure, and comprehensive support services, the Park will contribute significantly to the growth and expansion of the Indian jewellery sector. It is estimated to generate 1 lakh jobs in the sector.
These initiatives demonstrate the commitment of both central and state governments to foster the growth of this dynamic industry. With such robust governmental support, our sector shines with renewed vigor, poised for even greater achievements in the future, said Shah.
Shah announced a series of initiatives as GJEPC is hosting the India Show alongside the Hong Kong show in September, providing a valuable platform for Indian gem and jewellery businesses to showcase their offerings to international buyers.
The India Jewellery Exposition (IJEX) Centre in Dubai is yet another initiative by GJEPC, serving as a one-stop destination for the world to source Indian jewellery. This 365-day exhibition platform will promote specific categories of ‘Made in India’ gems & jewellery, reinforcing India’s leadership role in the global market.
USA accounts for 33% of India’s gem & jewellery exports. However, after the termination of India’s GSP (Generalized System of Preferences) designation by the USA, exports of around 45 gem and jewellery commodities, which were previously enjoying duty-free benefits, are now attracting duties in the USA. Shah requested the US Counsel General to look into this matter, and hoped to foster an environment that will facilitate a mutually beneficial trade relationship between the two nations.
In the presence of Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group, Shah said that there is a need to further boost the generic promotion of diamonds. De Beers and GJEPC share a common vision of enhancing the overall appeal and desirability of diamonds. By joining forces, we can leverage our collective expertise and resources to create impactful marketing campaigns that resonate with consumers globally, nurturing a deeper appreciation for diamonds as cherished symbols of love, beauty, and enduring value, he added.
IIJS Premiere 2023 is all set to make history as it goes completely paperless. Embracing sustainability and convenience, attendees can now enjoy the ease of fully digital badges, taking a giant leap towards eco-consciousness.
IIJS is introducing an initiative, Innov8 Global, for the first time, facilitating tailored product-specific matchmaking between international buyers and manufacturers. This innovative platform aims to enhance business interactions and foster productive partnerships like never before.
Retailers, get ready to experience the “Prime” Visitor Package, offering VIP access to the show! With priority access, a high-speed WiFi zone, a dedicated Prime Lounge, and a special Help Desk, this package promises to elevate your experience to the next level.
As the curtains rise on IIJS Premiere 2023, the gems and jewelry industry gears up for an unparalleled event, showcasing exquisite craftsmanship, cutting-edge designs, and a commitment to environmental sustainability. We look forward to welcoming you to this exceptional extravaganza!
At the Jio World Convention Centre (JWCC), prepare to be dazzled by an extraordinary showcase of 500 exhibitors occupying 700 booths, presenting a stunning array of diamond, gemstone, and studded jewellery, including gold and gold CZ studded jewellery. In addition, JWCC features exclusive sections dedicated to loose diamonds, lab-grown diamonds in both loose and jewellery forms, laboratories, and education for diamonds and loose stones.
In line with its commitment to sustainability and convenience, IIJS Premiere 2023 has taken a giant leap towards eco-consciousness by going completely paperless. Attendees now enjoy the ease of fully digital badges, making their participation seamless and environmentally friendly.
The organizers have gone the extra mile to ensure the comfort and convenience of exhibitors and visitors alike, securing an astounding 10,000 room nights across 25 hotels.
Among the show-stopping features lined up, attendees can look forward to the highly anticipated innov8 talks at both venues – JWCC and BEC, offering insightful discussions on the industry’s latest trends and innovations. Moreover, IIJS Premiere 2023 is celebrating the future leaders in the industry with its “40 under 40” program, acknowledging outstanding talent and recognizing the best of the best.
Highlighting the achievements and contributions of the industry, IIJS celebrated leading retailers and industry icons at the IIJS Celebration Night, paying tribute to the true shining stars of the gems and jewellery world.
Retailers are in for a treat with the exclusive “Prime” Package, which grants VIP access to the show, offering priority entry, access to a high-speed WiFi zone, a dedicated Prime Lounge, and a special Help Desk, elevating the overall experience to the next level.
IIJS Premiere 2023 continues to impress with its remarkable statistics and impressive offerings, bringing together the world’s gems and jewellery industry in a dazzling extravaganza that showcases the very best in craftsmanship, innovation, and global connections.

DiamondBuzz
Lucapa Reports 36% Revenue Growth and Stronger Diamond Prices in Q1 2025

Lucapa Diamond Company delivered a strong financial performance in the first quarter of 2025, reporting a 36% year-on-year increase in revenue. The company earned $12.8 million from three run-of-mine diamond sales and one tender of goods from its Lulo mine in Angola during the quarter ending March 31.
The average diamond price per carat rose by 42% to $1,523, reflecting improved market conditions and a focus on higher-grade mining zones. Lucapa recovered 6,027 carats in Q1, up 6% from the same period in 2024. A 74% rise in the grade of ore mined helped offset the impact of a temporary production halt caused by a community-led blockade.

Managing Director Alex Kidman attributed the strong start to continued operations in the higher-grade lezirias (floodplain areas) during the wet season, noting that the performance represents a marked improvement over the same period last year.
Despite the positive trends in pricing and production, Lucapa flagged potential risks ahead due to recently introduced U.S. import tariffs. Although the tariffs came into effect after the quarter closed, the company said market uncertainty remains, with some buyers pausing purchases amid ongoing trade tensions.
BrandBuzz
Met Gala 2025: Diamonds of Legacy and Luxury Shine on Fashion’s Grandest Stage

The Met Gala 2025 dazzled once again, with natural diamonds taking center stage as symbols of heritage, elegance, and individuality. Aligned with this year’s theme, “Tailored for You”, and the exhibit “Superfine: Tailoring Black Style”, the red carpet became a celebration of self-expression through couture and craftsmanship — elevated by timeless diamond artistry. From heirloom inspirations to bold, modern creations, the night shimmered with history, sentiment, and star power. Here’s how some of the most talked-about names lit up the Met steps with brilliance and intention.

Priyanka Chopra in Bvlgari
At the heart of Priyanka Chopra’s old Hollywood-inspired look was a show-stopping Bvlgari necklace, crafted with natural diamonds and the 241-carat Magnus Emerald — the largest emerald ever set by the maison. The high jewellery piece debuted from Bvlgari’s Polychroma collection, celebrating colour and expert craftsmanship. Paired with a classic, vintage-style ensemble, Chopra’s look radiated opulence and elegance.
Nick Jonas complemented her in a custom-tailored ensemble, exuding refined sophistication. Together, the couple delivered a cinematic tribute to timeless glamour.

Shah Rukh Khan in Sabyasachi Fine Jewellery
The King of Bollywood made a quiet yet powerful statement in Sabyasachi Fine Jewellery. His look, called the Dandy Stack, featured 18k gold pieces set with old mine cut and brilliant cut natural diamonds. A diamond star brooch pinned to his lapel completed the ensemble — subtle, yet striking in its storytelling.

Diljit Dosanjh in Golecha Jewels
Diljit Dosanjh embodied regal elegance in a look inspired by royal Indian heritage. The centrepiece: a multi-layered real diamond necklace by Golecha Jewels, echoing the grandeur of Maharaja Bhupinder Singh’s iconic Patiala necklace by Cartier. A jewelled turban adorned with a bold brooch sealed his presence in true princely style.

Kiara Advani in Kantilal Chhotalal
Kiara Advani made history as the first Indian actor to attend the Met Gala while expecting — and did so with strength, grace, and radiant style. Styled by Anaita Shroff Adajania, she wore a sculptural custom gown by Gaurav Gupta, featuring a breastplate adorned with ghungroos and crystals.
Her jewellery — by Kantilal Chhotalal — included a 17-carat pear-shaped diamond piece and 5-carat heart-shaped diamond earrings. Additional accessories by Outhouse Jewellery and WrapGame India, including gold rings and a dramatic ear cuff, added to the bold yet emotive look. The ensemble was a moving tribute to motherhood, tradition, and modern femininity.

Isha M. Ambani in Her Personal Collection
Isha M. Ambani brought legacy and sentiment to the Met Gala in a necklace of over 481 carats of diamonds from her personal collection. The piece was inspired by Cartier’s famed Toussaint Necklace, as seen in Ocean’s 8, and reflected timeless elegance and familial heritage.
The jewellery, drawn from Nita Ambani’s collection, was paired with rings by Tiffany & Co. and exquisite hair jewels by Moi Vibe. Her ethereal ensemble — rich in gems, pearls, and ornate embellishments — seamlessly blended traditional artistry with modern couture, telling a deeply personal story of grace, strength, and quiet power.
As the cameras flashed and the world watched, the Met Gala 2025 became more than a parade of couture — it was a masterclass in storytelling through sparkle. From ancestral tributes to bold declarations of identity, natural diamonds weren’t just worn; they were lived in, loved, and layered with meaning. Each look wasn’t merely styled — it was sculpted, a blend of craftsmanship and character.
In a night that fused fashion, heritage, and heart, one thing was clear: trends may come and go, but the allure of natural diamonds — eternal, expressive, and deeply personal — remains forever en vogue.
BrandBuzz
CaratLane launches ‘Born of Her’ — a diamond-studded tribute to motherhood

CaratLane, India’s leading omnichannel jewellery brand, has unveiled Born of Her — a heartfelt Mother’s Day campaign and special edition pendant collection celebrating the love, strength, and quiet heroism of mothers. Timed with Mother’s Day, this launch reimagines gifting as a deeply personal tribute to the woman who shaped our beginnings. Crafted in gold and diamonds, the three limited-edition pendants feature an elegant depiction of a mother carrying her child — a timeless gesture of care and connection, now immortalised in precious jewellery. Designed to sit close to the heart, each piece is more than a gift; it is a keepsake of unconditional love, meant to be passed down through generations.

Born of Her is more than a campaign — it’s an emotional invitation to honour the person who gave us everything. As part of the campaign, CaratLane will also release a special Mother’s Day song, conceptualised by BBH India—encouraging people to celebrate their bond by posting cherished photos and memories with their moms, set to this exclusive track on social media. Shaifali Gautam, Chief Marketing Officer at CaratLane, shared her personal perspective: “The love of a mother often goes unspoken — it’s in the everyday, the quiet gestures, and the unseen sacrifices. With Born of Her, we’re inviting people to Khul Ke Karo Express — to celebrate that love more openly and meaningfully.
The collection features three specially crafted pendants, each symbolising the tender bond between a mother and child. It’s our way of turning that eternal connection into something tangible — a piece she can wear close to her heart.” The Born of Her campaign will be amplified across digital platforms, social media, and retail stores nationwide. This campaign reinforces CaratLane’s mission to transform jewellery into a meaningful expression of life’s most important relationships — not just a gift, but a memory made tangible.
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