OurBuzz
IIJS Premiere 2023:world’s second largest GJ show
Nearly 45,000 visitors expected, 1,850+ exhibitors,
The world’s second largest gem & jewellery fair, IIJS Premiere 2023 will be held concurrently at JIO World Convention Centre (JWCC) Bandra Kurla Complex from 3rd to 7th August 2023 (Thursday-Monday); and at Bombay Exhibition Centre, NESCO, Goregaon East from 4th to 8th August 2023 (Friday-Tuesday) in Mumbai.
IIJS Premiere 2023 will witness the GJ industry’s biggest gathering of domestic and international buyers, and serve as the primary platform for Indian jewellery manufacturers to network with retailers, enabling both segments to gain insight into product design and demand trends.
As of 31 July, 42,000 visitors including international visitors (including global buyers) from 80+ countries and 800+ cities of India visiting the 39th edition of IIJS Premiere.
IIJS Premiere 2023 will have 1,850+ exhibitors, 3,250+ stalls spread over 70,000+ sq. mtrs of exhibition area.
DiamondBuzz
Russia Dominates 2025 Diamond Production Value For Third Consecutive Year
Recovers 31.5 Million Carats Valued At $2.72 Billion (Averaging $86 Per Carat).
Russia maintained its lead in global rough diamond production value for the third year in a row in 2025, recovering 31.5 million carats valued at $2.72 billion (averaging $86 per carat).
Meanwhile, production in Botswana fell due to operational shutdowns at the Jwaneng and Orapa mines, resulting in 15.5 million carats worth $1.98 billion, though it achieved a higher average price of $128 per carat. Globally, the rough diamond market saw a contraction: overall output dropped 3% in value to $9.23 billion and 8% in volume to 98.8 million carats, driven by significant export declines from Russia, Canada, Zimbabwe, and Lesotho.
Global rough output fell 3% year on year to $9.23 billion. By volume, production dropped 8% to 98.8 million carats. Total imports slipped 8% by volume, while global exports declined 7%.
The dip in exports reflects a 1.8% slump in the number of carats exported from Russia, and a slide of 10% from Canada, 41% from Zimbabwe and 63% from Lesotho.
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