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IIJS Tritiya 2024 and IGJME Tritiya 2024 inaugurated in Bengaluru

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The power-packed inauguration ceremony was graced by presence of Principal Chief Guest Dr. Selvakumar IAS, Principal Secretary to Govt- Dept of Commerce and Industries, Govt of Karnataka, Chief Guests Dr B Govindan, Chairman -Bhima Jewellery and Vinod Hayagriv, MD – C Krishna Chetty Group.Present at the inaugural ceremony were Dr Chetan Kumar Mehta, President- Jewellers Association, Bengaluru and other dignitaries of the GJ industry.

Representing GJEPC were Vipul Shah Chairman-GJEPC, Kirit Bhansali, Vice Chairman – GJEPC and Nirav Bhansali, Convenor, National Exhibitions –GJEPC, Sabyasachi Ray, ED- GJEPC and other CoA members.

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DiamondBuzz

WFDB has committed  substantial budget for natural diamonds promotion

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The World Federation of Diamond Bourses (WFDB) has committed a substantial budget in 2026 to promote natural diamonds globally, with a strategic focus on Millennials and Gen Z consumers. While the exact allocation remains undisclosed, the initiative builds on last year’s efforts, emphasizing digital and social media engagement. President Yoram Dvash highlighted early signs of recovery in the rough diamond market, including stabilizing prices and renewed demand in certain segments. The move reflects the industry’s intent to prepare for growth, strengthen consumer interest, and position natural diamonds for long-term expansion and relevance.

There are  early signs of a reversal in the rough market following recent price corrections, demand has begun to strengthen, and, in some segments, premiums are again being observed. Industry  also prepares for the opportunities that will follow: positioned for recovery, renewed demand, innovation and expansion into new markets

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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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