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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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BrandBuzz

Gargi Launches Bliss Collection: Minimal Silver Jewellery, Thoughtfully Bottled for Gifting

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Gargi by P. N. Gadgil & Sons, one of India’s fastest-growing fashion jewellery brands, has announced the launch of its latest offering, the Bliss Collection. Made entirely of 925 sterling silver, this collection features a range of themed charms presented in distinctive, bottled packaging, designed for both self-gifting and creating memorable moments with loved ones.

Bliss marks a new direction in how Gargi approaches emotional gifting. Every piece in the collection has been created to carry a message, whether of affection, appreciation, or individuality. With motifs ranging from stars and hearts to notes and nature-inspired icons, the collection is designed to reflect a range of sentiments. Its compact packaging in glass bottles adds a layer of charm to the experience, making each piece feel like a keepsake.

The Bliss Collection is available only at Gargi’s physical retail outlets across India. Customers can walk into any of the brand’s 16 stores to explore the full collection in person.

Speaking about the launch, Aditya Modak, co-founder of Gargi by P N Gadgil & Sons, said, “Jewellery is often a silent communicator. With Bliss, we wanted to make that communication a little more intentional and special. Whether you are gifting yourself or someone close to you, these pieces are designed to say something without having to say much.”

This new launch builds on Gargi’s strong performance over the past year. The brand closed FY 2024-25 with ₹128.4 crore in revenue, growing significantly from ₹51.1 crore the previous year. Net profit stood at ₹28.8 crore. Gargi also expanded its retail presence, opened new franchise outlets, and entered the quick commerce space with a curated collection now available on Blinkit in Mumbai.

Bliss is a continuation of the brand’s focus on accessible silver jewellery with a personal edge. It brings together minimal design, everyday affordability, and thoughtful presentation, all while encouraging customers to buy with emotion, not just occasion.

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DiamondBuzz

Angola’s Endiama and Sodiam Join Natural Diamond Council with $8M Pledge to Boost Global Campaign

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Angola’s state-owned diamond giants, ENDIAMA E.P. and SODIAM E.P., have officially announced their joint membership in the Natural Diamond Council (NDC), effective July 1, 2025. Their entry comes with a significant $8 million funding commitment aimed at supporting the NDC’s global marketing efforts during the critical second half of the year.

This move underscores Angola’s expanding influence in the international diamond trade. As the world’s third-largest producer of natural diamonds and a key region for future exploration, Angola is positioning itself as a responsible and proactive leader in promoting the value and integrity of natural diamonds.

“Promoting the values and socioeconomic benefits of our diamond industry is a national priority,” said Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil and Gas. “By joining the Natural Diamond Council, Endiama and Sodiam are reinforcing our long-term commitment to transparency, sustainability, and global consumer engagement.”

David Kellie, CEO of the NDC, welcomed the partnership, noting, “Endiama and Sodiam’s participation comes at a transformative moment for the industry. Their support will help amplify our message about the natural diamond’s rarity, authenticity, and lasting positive impact.”

Richa Singh, Managing Director of NDC India & Middle East, added, “Diamonds represent deep emotional and cultural significance. With Endiama and Sodiam on board, we are better positioned to educate consumers and share the inspiring stories behind each natural diamond.”

De Beers, a founding NDC member, responded to Angola’s $8 million contribution by pledging a matching amount for 2025, further strengthening the Council’s ability to run impactful global campaigns.

With their membership, Endiama and Sodiam join a prestigious lineup of NDC contributors, including De Beers, Rio Tinto, Petra Diamonds, Murowa, and the Okavango Diamond Company. Together, they aim to promote the enduring value, ethical sourcing, and community benefits of natural diamonds on the global stage.

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DiamondBuzz

Alrosa and Sber Forge AI Partnership to Revolutionize Diamond Mining Operations

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Alrosa, one of the world’s largest diamond producers, has entered into a strategic partnership with Sber, Russia’s leading financial and technology services group, to implement artificial intelligence (AI) across its mining operations. The agreement was signed during the XXVIII St. Petersburg International Economic Forum by Alrosa CEO Pavel Marinychev and Sberbank Deputy Chairman Anatoly Popov.

This collaboration aims to integrate advanced AI tools such as computer vision, image recognition, and video analytics to enhance safety, improve quality control, and enable real-time monitoring across Alrosa’s production sites. The technologies are expected to minimize human error and optimize equipment diagnostics, logistics, and on-site road safety.

A major component of the initiative is the incorporation of large language models (LLMs) into Alrosa’s daily operations. These AI-powered assistants will accelerate document preparation, automate data analysis, and provide instant access to geological records through Retrieval-Augmented Generation (RAG) systems, delivering precise insights from tens of thousands of technical reports in seconds.

In addition to deployment, the partnership will focus on co-developing algorithms, building training datasets, and sharing machine learning expertise. These joint efforts are geared toward increasing efficiency, lowering operational costs, and supporting Alrosa’s broader digital transformation goals.

“Digitalisation is a strategic direction for Alrosa. Our ambitious AI roadmap, in partnership with Sber, marks a new chapter in operational innovation and sustainability,” said Alrosa CEO Pavel Marinychev.

Sberbank’s Anatoly Popov emphasized the significance of the alliance: “Alrosa produces over a quarter of the world’s diamonds, making it a vital partner. AI technologies like computer vision and LLMs will unlock unprecedented gains in productivity and product quality. This partnership cements our commitment to co-develop cutting-edge solutions that position Alrosa at the forefront of global diamond mining.”

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