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

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  • 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.

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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. 

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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.

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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.” 

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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.”

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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.

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DiamondBuzz

888.88-Carat Infinity Diamond Unveiled At Dubai Diamond Conference 2026

An Extraordinary Fancy Black Natural Diamond, Fashioned From A 1,138-Carat Rough Stone Discovered In The Democratic Republic Of The Congo, Highlights The Enduring Importance Of Rarity, Provenance and Craftsmanship In The Natural Diamond Industry.

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The Dubai Diamond Conference 2026 featured the unveiling of the Infinity diamond, an exceptional 888.88-carat fancy black natural diamond presented by Diamond Trading NV. The remarkable stone brought together a compelling history spanning five decades, exceptional natural characteristics and an intricate transformation from a 1,138-carat rough diamond into a finished gemstone of extraordinary scale.

Originating from the Democratic Republic of the Congo (DRC), the diamond’s story dates back to 1975, when Andrew Coxon acquired the rough stone on behalf of De Beers. Its journey from acquisition to finished diamond reflects the combination of geological rarity, specialist assessment and the technical expertise required to work with an exceptional natural stone.

From a 1,138-Carat Rough to an Extraordinary Finished Diamond

The Infinity diamond’s origins distinguish it from conventional diamond discoveries and commercial cutting projects. Weighing 1,138 carats in its rough form, the stone represented a significant natural specimen even before the transformation that would ultimately give it its present identity.

In 2013, the rough diamond was examined by the Gemological Institute of America (GIA). At that time, the institute documented it as the largest single-crystal natural diamond it had examined and reported on. The assessment added an important gemological dimension to the stone’s history, establishing a documented reference point for its exceptional size and natural origin.

The diamond subsequently underwent an extensive transformation between 2022 and 2024, culminating in the finished 888.88-carat Infinity diamond. Converting a rough diamond of this magnitude into a finished gemstone requires careful evaluation of its natural structure, the distribution of material within the stone and the desired final form. Every decision must balance the preservation of the diamond’s distinctive characteristics with the technical requirements of shaping and finishing it.

The difference between its original weight of 1,138 carats and its finished weight of 888.88 carats reflects the material removed during the transformation process. However, the significance of such a project extends beyond weight retention: the objective is to reveal and preserve the qualities that make an exceptional natural diamond distinctive.

The Significance of Its Fancy Black Colour

The Infinity diamond’s designation as a fancy black natural diamond adds another dimension to its appeal. Unlike the colourless diamonds that traditionally dominate discussions of high-value diamond grading, fancy black diamonds occupy a distinctive position within the broader natural diamond market.

Their appearance, visual character and rarity offer a different aesthetic from the brilliance and transparency commonly associated with colourless diamonds. Black diamonds can appeal to collectors, designers and luxury consumers seeking stones that make a strong visual statement while offering an alternative to conventional diamond jewellery.

For an exceptionally large natural diamond, colour and character become integral to its identity. The Infinity diamond’s scale, black appearance and documented history combine to distinguish it from more familiar categories of high-value diamonds.

Its presentation also illustrates the breadth of the natural diamond category, which encompasses stones with widely differing colours, structures, sizes and visual properties. Such diversity can create opportunities for specialist collectors and luxury brands to explore new interpretations of exclusivity and design.

Provenance: A Defining Element of Natural Diamond Value

The Infinity diamond’s history demonstrates why provenance has become an important consideration in the natural diamond business. Its documented journey—from the Democratic Republic of the Congo and its acquisition in 1975 to its examination by GIA in 2013 and transformation between 2022 and 2024—provides a historical narrative that extends well beyond the finished gemstone.

In the premium diamond market, provenance can contribute to a stone’s identity by connecting its geological origin with its ownership, assessment and subsequent development. For exceptional stones, this historical record can distinguish an individual diamond from others with similar physical characteristics.

Craftsmanship Behind the Transformation

Transforming a rough diamond weighing more than 1,100 carats into a finished stone weighing 888.88 carats is an undertaking that calls for specialised technical knowledge and careful planning.

Large natural diamonds present challenges that differ considerably from those encountered in the cutting of more conventional stones. Their internal structure, natural features and overall form influence the decisions involved in processing them. The scale of the material increases the importance of understanding how each stage of the transformation may affect the finished diamond.

The Infinity diamond’s development over the 2022–2024 period highlights the time and expertise that can be involved in bringing an exceptional rough stone to its finished form. Its presentation at the Dubai Diamond Conference offered an opportunity to appreciate the result of that process and the relationship between a diamond’s natural formation and the human skill involved in shaping it.

For the wider diamond industry, such projects also reinforce the importance of specialist expertise in handling rare stones. While technology continues to influence diamond evaluation, planning and manufacturing, the transformation of exceptional natural diamonds remains a highly specialised discipline.

Dubai’s Role in the Global Diamond Industry

The unveiling at the Dubai Diamond Conference 2026 placed the Infinity diamond before an international audience in one of the world’s important diamond trading centres.

Dubai has developed a prominent role in the global diamond trade, connecting producers, manufacturers, dealers, retailers and other market participants across established and emerging trading corridors. Its position as an international commercial hub provides a setting in which exceptional stones can be presented to industry stakeholders and discussed in the context of wider market developments.

The display of a diamond of this scale also offers an opportunity to highlight the diversity of the natural diamond business. Alongside the large volumes of rough and polished diamonds that move through global trading centres, exceptional individual stones attract attention because of their rarity, distinctive characteristics and historical significance.

For Dubai, presentations of this nature contribute to the city’s profile as a venue for industry engagement, commercial networking and the showcasing of significant diamonds. They also provide a platform for conversations about the role of natural diamonds in the luxury economy and the factors that shape their long-term appeal.

Reinforcing the Appeal of Natural Diamonds

The Infinity diamond’s unveiling comes against a backdrop in which the diamond industry continues to address changing consumer preferences, evolving product categories and the need to communicate the distinctive attributes of natural diamonds.

Its story offers a different perspective on the value proposition of natural stones. Rather than focusing exclusively on size, price or conventional grading characteristics, the diamond brings together several elements: an exceptional rough weight, a documented historical record, a distinctive fancy black appearance and a transformation extending across several years.

These attributes underline how individual natural diamonds can develop identities of their own. For collectors and luxury consumers, the appeal of a rare stone may lie not only in its physical properties but also in its geological origins, documented history and the craftsmanship involved in its transformation.

At the same time, an individual unveiling should not be interpreted as evidence of broader market-price movements or changing consumer demand. The Infinity diamond is a singular example of an exceptional natural stone, and its significance is best understood through its specific characteristics and history.

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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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