JB Insights
IIJS SIGNATURE 2024
Top-of-the-line design centric jewellery trade show is an overwhelming success
IIJS established as a truly unparalleled platform within the global GJ industry
2024’s first top-of-the-line design centric jewellery trade show IIJS SIGNATURE 2024 was held at two venues in Mumbai: JIO World Convention Centre, BKC (4-7 January) & Bombay Exhibition Centre, NESCO (5-8 January).
Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, inaugurated the show at Bombay Exhibition Centre, NESCO (5-8 January along with Guests of Honour Uday Samant, Hon. Minister of Industries, Govt. of Maharashtra , Paul Rowley, Executive VP, De Beers and Sunil Nayak, CEO, Reliance Jewels , Reshma Lakhani, DGEP along with doyens of international & Indian diamond, gem & jewellery sector.


Along with IIJS Signature, the India Gem and Jewellery Machinery Expo (IGJME 2024) is held simultaneously at BEC, featuring over 100 companies and 150+ stalls. This edition promises an enhanced experience, presenting a wider array of compelling business opportunities.
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles, Govt. of India,Shri Piyush Goyal inaugurated the show at JIO World Convention Centre with Guests of Honour Joy Alukkas, Chairperson, Joyalukkas along with doyens of international & Indian diamond, gem & jewellery sector.
Representing GJEPC were Chairman Vipul Shah, Vice Chairman Kirit Bhansali, Convenor National Exhibitions Nirav Bhansali and Executive Director Sabyasachi Ray.
Piyush Goyal speaking at the inauguration said “Under Prime Minister Narendra Modi’s guidance India can become the global epicentre of the gem & jewellery industry with a holistic ecosystem encompassing all diverse constituents and elements. Jewellery design should become our next big export. India has the potential to become the world’s largest gem jeweller, proficient lab grown diamond maker, impeccable design centre and technologically advanced machinery manufacturer all under one platform.”

Speaking at the IIJS Signature, Dr. Fadnavis said, “Prime Minister Shri Narendra Modi ji has set a target of USD 75 bn for gem & jewellery exports by 2030. This will be possible with the pivotal role played by the apex body GJEPC, which has instrumental in making India one of the biggest international players in the global gems & jewellery industry. And whenever GJEPC wishes to create any new ecosystem, the natural and first choice has to be Maharashtra.”
Vipul Shah, Chairman, GJEPC, said, “India is today a powerhouse of jewellery manufacturing and the domestic gem & jewellery market, which is currently valued at USD 44 billion will grow to USD 134 billion by the year 2030 with CAGR of 17.35%. The Indian gem & jewellery industry shares our beloved Prime Minister’s dream of becoming a USD 5 trillion economy by 2030 and a first world nation by 2047.”


Nirav Bhansali, Convener-National Exhibitions, GJEPC, said, “The IIJS Signature show alone is set to enable a staggering Rs. 35,000 crore worth of business. When considering the collective impact of all three IIJS shows, the total business generated will amount to an impressive Rs. 1.25 lakh crore. This establishes the IIJS as a truly unparalleled platform within the global gems and jewellery industry.”
IIJS Signature is strategically positioned in the beginning of the year. Following a phenomenal festive season that witnessed double-digit sales growth for retailers, this platform gives buyers to stock up inventory for the weeding and festivities placed in the first half of the year.”
Over 32,000 visitors attended two-venue IIJS SIGNATURE 2024 in Mumbai. The current 16th IIJS Signature has attracted buyers from 800 Indian cities and 60 countries. The show boasts over 1,500 exhibitors and 3,000 stalls across a sprawling 1.25 lakh sq. mt. of exhibition area.
“The Select CLUB” exclusively for Couture Jewellery manufacturers at IIJS Signature 2024 was introduced by GJEPC. Prime Plus Lounge for Prime Plus exhibitors and visitors at both venues was a feature that added to the premium standing of the show. Innov8 Talks (Seminars) enlightened attendees with industry insights.



GJEPC has successfully enlisted the IIJS Signature 2024 Exhibition under the “Procurement and Marketing Support” scheme of the Ministry of MSME. The scheme provides financial assistance to micro and small enterprises for participating in domestic and international trade fairs and exhibitions.
JB Insights
The Woman Wearing The Diamond Was Never The One The Ad Was Talking To
Disha Shah, Founder & Designer, DiAi Designs Says That The Brands That Shift From “She Deserves It” to “She Chose It” Won’t Just Win Cultural Relevance – They’ll Own The Future Of Jewellery Marketing.
Indian jewellery advertising has always centred the woman. She has been the face of every campaign, draped in gold, luminous at the occasion, receiving the gift with practised grace. What she rarely was, until recently, was the intended audience.
The creative language of the category was built around a genuine economic reality. For decades, the buyer in Indian fine jewellery was the patriarch, the husband, the father, the family elder making a financial decision on behalf of a woman whose purchasing autonomy was limited. Advertising followed the money. The gift reveal, the bridal close-up, the family approval shot: these were not arbitrary creative choices. They reflected who held the purse strings, and they became so embedded in the category’s visual grammar that they outlasted the conditions that created them by an entire generation.
That structural reality has now reversed. Jewellery purchases now extend beyond weddings and festivals to daily wear, driven by financially independent working women. The self-purchasing woman is no longer an emerging segment; she is the category’s fastest-growing buyer, approaching the decision differently from the buyer the industry originally designed itself around. She is not waiting for an occasion. She is not waiting for someone to present a box. She researched the piece, chose it, and bought it because she wanted it.
The advertising, for the most part, has not caught up.
Some brands are beginning to recognise this. CaratLane’s #WearYourWins movement and Tanishq’s sustained push toward the “woman as decision-maker” are meaningful steps. But what makes these campaigns commercially smart is not just cultural alignment. Research from Harvard Business School finds that women systematically provide less favourable assessments of their own performance and potential than equally performing men. This documented self-promotion gap persists even when women know they have outperformed others. Campaigns that actively celebrate female self-recognition are not just filling a creative gap. They are responding to a behavioural reality that has gone largely unaddressed in the category. The brands doing this well are not being progressive for their own sake. They are being accurate about who their buyer is and what she needs to hear.
Look at the Women’s Day 2026 campaigns across the industry. The conversation is clearly starting to pivot. Brands are finally stepping away from the usual gifting tropes and reframing jewellery as a tool for personal milestones and self-expression. But these remain exceptions. The dominant campaign language of Indian jewellery- the gesture, the reveal, the woman being seen rather than deciding- has not structurally changed.
The media mix tells the same story. Titan leaned heavily on television in FY25, with ad volume surging to 77% of its mix, a broadcast medium built for household reach rather than the individual, financially independent woman who now represents the category’s fastest-growing buyer.
Meanwhile, digitally native BlueStone achieved 50% of online jewellery ad volumes on a budget nearly ten times smaller than Titan’s. The channel that reaches the self-purchasing woman directly is delivering outsized results on a fraction of the spend. The implication for where the industry should be directing its creative attention is fairly clear.
Consider what a brief genuinely written for this buyer would look like. No occasion in the shot. No second person in the frame presents anything. The opening line is not “for the woman who deserves to be celebrated.” It is “she saw it, she wanted it, she bought it.” The product earns its place not through sentiment but through desire. The copy does not explain why she is worth it. It assumes she already knows. That is not a tonal adjustment. It is a fundamentally different creative architecture, and very few briefs in this category have been written that way.
The LGD category has a specific opportunity here that established houses do not. Without decades of legacy campaign language to protect, an independent designer in this space can build advertising from a blank page, one written entirely around the woman who is actually making the purchase. The brief does not have to accommodate inherited assumptions about who the buyer is or what she is waiting for. That is not a small advantage. In a category where the dominant creative language was built around a buyer who is no longer the one making the decision, starting without that inheritance may be the most powerful creative position available.
The woman wearing the diamond has always been visible. What is changing now is who gets to decide. The brands that build their creative around that reality will not just be more culturally relevant. They will be better positioned for every year that follows. The advertising has not caught up yet. But the buyer already has.
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