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PGI India announces 6th edition of Platinum BSM to drive continued growth for the category
Platinum Guild International-India is excited to announce the highly anticipated 6th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet. The event will be held on 6th and 7th of July 2023 and will bring together official platinum jewellery manufacturers and retailers under the PGI programme to facilitate business growth and networking opportunities.
As platinum jewellery continues its aggressive growth trajectory, PGI India is all set to unlock new opportunities for the metal and further bolster the category at the Platinum Buyer-Seller Meet in 2023. The aim of the meet is to foster collaboration and drive growth for the platinum jewellery industry. Participants will have the opportunity to network with potential partners, exchange ideas, and discuss innovative strategies for advancing the market. Attendees will also have the chance to network with industry leaders, gain valuable insights on industry development and growth, and participate in one-on-one meetings with potential buyers and sellers. This exclusive gathering serves as an annual rendezvous for manufacturers and retailers to also interlude on the latest designs and statement pieces that captivate customers and elevate the allure of this celestial metal.
The event will also celebrate the performance of platinum retailers during its flagship retail initiative “Platinum Season of Love” by recognizing key contributions by partners.
Commenting on the launch of the 6th annual event, Vaishali Banerjee, Managing Director, Platinum Guild International-India said, “We are looking forward to hosting the 6th Platinum Buyer-Seller Meet and provide a platform for businesses to connect and grow with platinum. The preference for platinum jewellery is growing and we continue to support our partners as they meet the growing consumer demand. And this year, we’re all about making it bigger and better. The new collections across all three categories, Platinum Love Bands, Platinum Evara and Men of Platinum are sure to be a big hit. Retailers will have the opportunity to stock up on the best pieces for the upcoming festive season and we are anticipating positive customer reviews.”
Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers “The Platinum Buyer-Seller Meet provides us with a great opportunity to explore new designs and stock up on pieces that will attract our customers. We are witnessing a rise in demand for platinum jewellery among young working women, as they seek a sophisticated and modern look. The contemporary designs of platinum jewellery make it the perfect choice for everyday wear and special occasions.”
Dipu Mehta, Managing Director, ORRA “The Platinum Buyer-Seller Meet has helped us unlock immense business potential by providing access to a network of established industry manufacturers. As we gear up for Q4, we are expecting to witness collections across Platinum Love Bands, Platinum Evara & Men of Platinum as we have seen great interest among our consumers. We expect the positive consumer sentiment to translate to further business growth, on the back of the latest designs.”
John Alukka, Managing Director, Jos Alukkas “Over the years, we have witnessed an increase in consumer demand for platinum jewellery. The Platinum Buyer-Seller Meet has always served as a vital platform for retailers and manufacturers to get together under one roof and discuss the various opportunities pertaining to the growth of platinum jewellery and check out the latest designs. This year too, we look forward to collaborating closely with our partners to identify unique opportunities that fulfil growing consumer demand, especially during the upcoming season.”
Suvankar Sen, CEO & MD, Senco Gold & Diamonds “Attending the Platinum Buyer-Seller Meet has been instrumental in our business growth by providing access to new and contemporary designs in platinum jewellery. We have formed valuable partnerships and expanded our product offerings, leading to increased footfalls and customer satisfaction. This year we are expecting to identify opportunities for bringing in new synergies.”
Avinash Pahuja, Director ORO Precious Metals Pvt Ltd, “In the platinum world, the Buyer-Seller Meet is an unparalleled opportunity that allows the right platform for effective interaction and commerce. As ORO prepares to participate in the upcoming buyer-seller meet, we are filled with excitement for our new product offerings at irresistible value. We eagerly look forward to showcase our luxurious finish men’s & women’s wear to industry professionals, decision-makers, and potential buyers under one roof.”
Colin Shah, Founder & Managing Director, Kama Jewelry, “The Platinum Buyer-Seller Meet is an excellent platform that offers valuable business opportunities during an important purchase season. This event provides an opportunity to expand our business with existing partners and build new partnerships, as we present our innovative product range across three branded categories, complemented by our expertise in auto-replenishment. This year’s event promises to be even more exciting as we highlight our entry-level platinum love bands and a carefully curated selection of bestsellers. These offerings are specifically designed to help retailers in attracting and engaging new consumers.”
The fifth edition, held in 2022, received an outstanding response and saw participation from 10 manufacturers who showcased a diverse portfolio including some of the most spectacular pieces in platinum jewellery with differentiated designs in core categories like Platinum Love Bands, Platinum Evara and Men’s platinum jewellery.
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India’s Jewellery Exports Targeted At USD 100 Billion: WGC
Over The Next 5 To 7 Years, Nearly 20 To 25% Of India’s Gold Consumption Could Come From Domestic Mines.
The 14th edition of the Delhi Jewellery & Gem Fair (DJGF) 2026, organised by Informa Markets in India, concluded at Bharat Mandapam, New Delhi, brought together 650+ exhibitors, 3,000+ jewellery brands and 150,000+ designs under one roof. The three-day B2B exhibition, held from September 26–28, 2026, witnessed participation from jewellery manufacturers, wholesalers, retailers, distributors, exporters and allied industry professionals from across India.
The grand expo was inaugurated by esteemed dignitaries including Chief Guest, Shri Praveen Khandelwal, Member of Parliament, Lok Sabha; Pramod Derawala, Chairman, NJGCI ; Sachin Jain, Regional CEO-India, World Gold Council; Ramavtar Verma, Chairman, TBJA; Naveen Kumar Jindal, Senior Chairman, TBJA; Pankaj Arora, National President, AIJGF; David Lynn, CEO, inD; alongside Yogesh Mudras, Managing Director, Informa Markets in India; and Pallavi Mehra, Senior Group Director, Informa Markets in India.
Addressing the need to strengthen the competitiveness and export potential of the jewellery industry, Shri Praveen Khandelwal, Member of Parliament, Lok Sabha, said:
“India’s gems and jewellery sector exports approximately Rs 2.5 lakh crore worth of goods against imports of around Rs 1.65 lakh crore, reflecting its strong export orientation and contribution to the country’s trade. As we work towards the government’s 2030 export ambitions, the industry must strengthen the journey from ‘Vocal for Local’ to ‘Local to Global’ through investment, skill development and greater value addition.
Equally important is recognising and upskilling our artisans, whose craftsmanship directly contributes to product quality and global competitiveness. Building their capabilities will help Indian jewellery become more competitive and strengthen its presence across international markets.”
Highlighting the growth opportunities for India’s jewellery sector and the need to strengthen the value chain, Pramod Derawala, Chairman, National Jewellery & Gemstone Council of India (NJGCI), said:
“India’s jewellery sector has significant growth potential across manufacturing and exports, supported by government initiatives and greater market access through FTAs. Countries with which India has signed FTAs import nearly USD 55 billion worth of jewellery, while India’s share is around USD 8 billion, indicating considerable scope for expansion. Rising gold prices are also shifting consumer preferences towards lightweight jewellery, while over 90% of high-value jewellery purchases continue through physical retail.
As the industry adapts and grows, strengthening value addition and ensuring better livelihoods and social security for skilled workers must remain a priority. Platforms such as the Delhi Jewellery and Gems Fair help bring the industry together to strengthen the ecosystem and support sustainable growth.”
Sachin Jain, Regional CEO, India, World Gold Council said:
“India’s gold and jewellery industry has significant opportunities ahead as the country progresses towards Viksit Bharat 2047, with the economy expected to grow from USD 4.5 trillion to USD 30 trillion. India is already the world’s leading gold jewellery market, and the Swarnim Udaan 2047 roadmap outlines the industry’s growth potential. Over the next 5 to 7 years, nearly 20 to 25% of India’s gold consumption could come from domestic mines, while jewellery exports are targeted at USD 100 billion. With nearly 31,000 tonnes of gold held by Indian households and a median age of 28 years, financialization, innovation and evolving consumer demand can unlock greater economic value.
Platforms such as the Delhi Jewellery and Gems Fair encourage industry collaboration and knowledge exchange, helping strengthen India’s capabilities to serve and shape the global jewellery market.”
Highlighting the business opportunities emerging from the platform, Ramavtar Verma, Chairman, The Bullion & Jewellers Association (TBJA), said:
“With nearly 600 to 650 exhibitors bringing together gold, diamond, silver and specialised jewellery alongside technology and industry solutions, DJGF reflects the scale and diversity of India’s jewellery trade. Such platforms are increasingly important for generating business opportunities, strengthening sourcing and trade networks, and connecting manufacturers, retailers, craftsmen and brands. The integration of design, technology and craftsmanship will be critical as the industry responds to changing consumer preferences and builds new avenues for growth.”
Speaking about the structure and business realities of India’s jewellery sector, Naveen Kumar Jindal, Senior Chairman, The Bullion & Jewellers Association (TBJA), said:
“India’s jewellery industry has a substantial unorganised base, with Delhi alone having nearly 45,000 to 50,000 people working in this segment, while the gold artisan workforce across the country is estimated at around 5 lakh. With margins in the volume business as low as 1.5 to 2%, jewellers need to continuously focus on design, craftsmanship, affordability and operational efficiency. Exhibitions such as DJGF, with participation from India and overseas, provide access to new designs, products and ideas that can help businesses remain competitive and identify new growth opportunities.”
Focusing on greater representation for small and medium-sized jewellers, Pankaj Arora, National President, All India Jewellers & Goldsmith Federation (AIJGF), said:
“Over the past five years, we have worked consistently to bring the concerns and business realities of small and medium-sized jewellers to the forefront. It is important that their challenges are adequately represented in discussions with the government and reflected in the policy ecosystem. Platforms such as DJGF further strengthen industry dialogue by bringing stakeholders together and giving businesses an opportunity to collectively discuss issues that affect their growth.”
Speaking on India’s growing role in the global jewellery market, David Lynn, CEO, inD, said:
“India combines strong consumer demand, manufacturing depth and craftsmanship with an increasingly global outlook. The country exported USD 27.7 billion of gems and jewellery in 2025-26, with the UAE alone accounting for USD 8.7 billion, while studded gold jewellery exports grew 60% and silver jewellery exports by more than 50%. As high gold prices shift demand towards lightweight, studded and design-led jewellery, the opportunity lies in creating greater value through design, technology, craftsmanship and stronger brands. With international buyers from 14 countries participating at DJGF, the platform is helping connect India’s manufacturing capabilities with new buyers, markets and business opportunities globally.”
Speaking on the occasion, Yogesh Mudras, Managing Director, Informa Markets in India, said:
DJGF 2026 reflects these evolving market dynamics by bringing together a diverse jewellery and allied industry ecosystem, creating opportunities for businesses to discover new collections, explore technology and manufacturing solutions and engage with potential partners. With its focus on sourcing, retail, innovation and knowledge exchange, the exhibition provides a platform for the industry to respond to changing demand while identifying new avenues for business growth and collaboration.”
Commenting on changing consumer preferences amid sustained high gold prices, Atul Jain, General Secretary, Delhi Jewellers Association, said:
“Consumers have largely absorbed the higher gold prices, but buying behaviour has clearly evolved, with more than 50% of retail business now coming through old gold jewellery exchange. Demand is shifting towards lightweight designs with lower gold weight or caratage, while coloured gemstones are seeing wider acceptance and design remains central to purchase decisions.
Gen Y and Gen Z are increasingly gravitating towards minimalistic jewellery, while global fashion trends are reaching markets such as India, China and New York almost simultaneously through digital influence. Indian manufacturing today is at par with the best globally, and we expect DJGF to reflect the same standards of design, innovation and craftsmanship seen at leading international jewellery shows.”
Carrying forward its 14-year legacy as the region’s quintessential B2B market platform, DJGF 2026 has reaffirmed its iconic status as the “Apna Delhi Wala Show.” Perfectly timed ahead of the upcoming festive and wedding buying rush, this year’s edition delivers an expanded buyer program and unprecedented product diversity to empower Northern India’s retail ecosystem.
DJGF 2026 continues to receive strong support from leading regional and national trade associations, including The Bullion & Jewellers Association Delhi (TBJA), Karol Bagh Jewellers Association, Delhi Jewellers Association, Mumbai Wholesale Gold Jewellers Association, Maliwara Jewellers Association, Dariba Jewellers Association, All India Jewellers & Goldsmith Federation (AIJGF), and Gurugram Jewellers Association, further reinforcing its credibility and trade reach across the ecosystem.
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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.