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JMAIIE 2026: Elevating Indian jewellery machinery to global standards

The 5th edition of the Jewellery Machinery & Allied India International Expo (JMAIIE) has officially concluded at the Bombay Exhibition Centre, marking a historic turning point for the industry.

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This year’s exhibition didn’t just showcase machinery; it signaled to the world that India has transitioned from a primary consumption hub to a global leader in manufacturing innovation.

A Visionary Inauguration

The event was inaugurated by Chief Guest Pramod Kumar Agrawal Chairman, NGJCI & Derewala Industries Ltd., alongside esteemed Guests of Honor: Pankaj Kumar Jagawat, MD, Shanti Gold International Ltd.Milind Barapatre, Director/Head of Office, MSME DFO Mumbai.Michael Chiles, MD, Goodwin Refractory Services India Pvt. Ltd.

The ceremony was hosted by the leadership behind the vision: Naresh Balani Chairman, JMA Forum, Rajesh Patil Vice Chairman, JMA Forum, and Kranti Nagvekar Founder, KNC Services.

Closing the Global Technology Gap

Historically, Italian and German engineering set the gold standard for jewellery machinery. However, JMAIIE 2026 proved that the gap is rapidly narrowing. By empowering MSME players to adopt high-precision technology, the expo has become a primary engine for the “Make in India” initiative.

Key Highlights of the 5th Edition:

  • Domestic Strength: Indian manufacturers across all segments displayed a full-strength presence, showcasing “world-class” capabilities.
  • Global Participation: Over 50 direct international exhibitors participated from high-tech hubs including Italy, Germany, Turkey, China, the USA, and Japan.
  • Economic Impact: The floor saw a high volume of quality visitors and serious buyers, resulting in significant firm orders and high-value transactions.

Kranti Nagvekar Founder, KNC Services was emphatic over the success of the show, she said, “ JMAIIE was a constructive event, critical for jewellery manufacturing hub like India. W e are seeing technology at par with international players, and cost effective. It is heartening to see Indian jewellery machinery exported to GCC, Africa and other regions globally.”

The “Make in India” Momentum

JMAIIE 2026 served as a definitive platform for technology integration and market expansion. The consensus among international attendees was clear: Indian machinery has achieved global standards of quality and is now being actively integrated into international manufacturing lines.

JMAIIE is proudly powered by the JMA Forum and organized by KNC Services. As the curtains close on this edition, the message is resonant: India is no longer just following global benchmarks—it is setting them.

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National News

MCX Gold, Silver Move North On June US Employment Report

MCX Gold Futures Reclaimed the ₹1.48 lakh Mark

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MCX Gold Futures reclaimed the Rs 1.48 lakh mark, hitting an intraday high of Rs 1,48,046 per 10 grams before stabilizing around Rs 1,47,845 (up 1.43%). Spot Gold (Global) surged by 1.5% to trade at $4,185 per ounce, rapidly closing in on the $4,200 level.

MCX Silver Futures zoomed up by Rs 4,457 or 1.91% to trade near Rs 2,37,761 per kg, after touching an intraday high of Rs 2,38,216 per kg. Spot Silver (Global) climbed more than 2.3% to trade comfortably above $62 per ounce.

The primary catalyst behind the bullish reversal was the June US employment report, which indicated a cooling US economy.

Nonfarm Payrolls: The US added just 57,000 jobs in June—the lowest hiring momentum in four months—well below the market expectation of 110,000 jobs.

Unemployment Rate: The rate edged down from 4.3% to 4.2%. However, economists noted that the decline was largely due to a weaker labour force participation rate, which fell to 61.5%, rather than stronger hiring activity.

Sectoral Shifts: Professional and business services (+36,000) and healthcare (+22,000) led job gains, while the leisure and hospitality sector recorded a sharp decline of 61,000 jobs.

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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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