JB Insights
INHORGENTA 2025 More international than ever, strong business and growth
INHORGENTA 2025, Europe’s leading platform for jewelry, watches, and gemstones, set new standards once again from February 21 to 24, 2025. The four days were filled with inspiration, captivating worlds of jewelry, watches, and gemstones, and many exciting highlights. With international growth and groundbreaking partnerships, INHORGENTA provided momentum for the industry in challenging times.
The exhibition halls were filled with energy, innovation, and surprises. INHORGENTA 2025 set the stage for another successful year for the industry. With 1,334 brands from 38 countries, it grew by 3.4% compared to the previous year, after the 2024 edition had already seen a 9% increase. This continued strong growth is primarily due to the high level of international participation—more than half of the exhibitors came from abroad. The proportion of visitors interested in high-priced products starting at 5,000 euros increased from 11% to 24% in the jewelry sector and from 14% to 24% in the watch sector.
INHORGENTA enjoys exceptionally high customer satisfaction. 98% of visitors rated INHORGENTA 2025 as “good” to “excellent ,” a 2-percentage point increase. Particularly praised were the international diversity of exhibitors, the atmosphere, and the security at the fair.
INHORGENTA is now more international than ever. Italian exhibitors occupied the largest space, the Francéclat pavilion expanded its area, as more French watch brands joined each year. INHORGENTA’s international growth is driven by two key factors: On one hand, by industry-specific events such as the international TRENDFACTORY. On the other hand, by the strong global presence of Messe München, one of the largest exhibition organizers in the world.
India is Partner Country at INHORGENTA 2025
India proudly takes on the role of official partner country at INHORGENTA 2025, marking a pivotal moment in the global gem and jewellery industry. The show, taking place from 21st to 24th February, was inaugurated at the India Pavilion by Shatrughna Sinha, IFS, Consul General of India, Munich; Kirit Bhansali, Chairman, GJEPC; Stefan Rummel, CEO of Messe München; and. Stefanie Maendlein, Exhibition Director of INHORGENTA.
Curated by the GJEPC, the India Pavilion is showcasing a stunning array of diamond jewellery, gold and platinum pieces, fine jewellery, and loose gemstones. These collections highlight India’s ability to blend traditional craftsmanship with contemporary design, offering global buyers unmatched quality and artistry. Additionally, the Brand India Gallery displays masterpieces from the Artisan Jewellery Design Awards, demonstrating India’s exceptional talent and creative excellence.
Kirit Bhansali, Chairman, GJPEC said, “India has long been a trusted global partner, renowned for its manufacturing excellence and now emerging as a hub for technology and design in the jewellery industry. With a rich legacy of artistry, USD 32 billion in exports to key markets like the USA, Europe, the Middle East, and China, and a strong focus on skill development, innovation, infrastructure, and global standards, India is shaping the future of the industry. Our partnership with INHORGENTA fosters collaborations that will drive growth and elevate the global gem and jewellery sector together.”
JB Insights
India’s ₹361 Lakh Crore Gold Reserve Lies Idle; PM Modi Calls For Recycling To Cut Imports
With An Estimated 32,000 Tonnes Of Gold Sitting Unused In Homes and Temples, The Government Sees A Massive Opportunity To Reduce Imports, Strengthen The Economy, and Build A More Sustainable Gold Ecosystem.
India is sitting on one of the world’s largest untapped gold reserves, with 30,000–32,000 tonnes of gold held by households and temple trusts across the country. Valued at nearly $3.8 trillion (around Rs. 361 lakh crore), much of this gold remains locked away in cupboards, lockers, and vaults, generating little economic value.
Highlighting the importance of this dormant asset, Prime Minister Narendra Modi recently encouraged citizens to consider recycling idle gold rather than relying solely on newly imported supplies. The initiative aims to bring existing gold back into circulation and make better use of resources already available within the country.
The appeal comes at a time when India continues to depend heavily on imported gold to meet domestic demand. During 2025-26, the country spent approximately $72.4 billion (Rs. 6.88 lakh crore) on gold imports, making the precious metal one of the largest contributors to the import bill.
According to experts, increasing gold recycling could deliver significant economic benefits. Every gram of recycled gold reduces the need for an equivalent amount of imports, helping ease pressure on foreign exchange reserves while also supporting efforts to narrow the country’s current account deficit.
Even a small shift could have a substantial impact. Industry estimates suggest that if just 1% of the gold held by households and temples is recycled each year, India’s gold imports could decline by approximately 25% to 30%.
The vast stockpile of idle gold is rooted in India’s longstanding cultural and financial relationship with the metal. For generations, gold has served as a store of wealth, a safeguard during emergencies, and a symbol of family security and prosperity. As a result, many families continue to hold jewellery that is rarely used but seldom sold.
Viewed from a broader perspective, the government sees this dormant gold stock as a valuable domestic resource. Bringing a greater share of it into the formal economy could help reduce dependence on imports, enhance economic stability, and create a more sustainable gold supply chain for the future.
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