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PMI Chennai opens with a dazzling celebration of India’s exquisite jewellery artistry
The All India Gem and Jewellery Domestic Council (GJC) today inaugurated the third show of the 7th Edition of the Preferred Manufacturers of India (PMI) Buyer–Seller Networking Meet at the ITC Grand Chola, Chennai. Scheduled from 21st to 23rd November 2025, the three-day event brings together the finest names in the industry under one roof, setting the stage for an unparalleled celebration of craftsmanship, innovation, and trade excellence.
The distinguished leadership of GJC graced the opening, setting an inspiring tone for what promises to be one of the country’s most exclusive jewellery sourcing platforms. Their presence underscored the significance of PMI as a premier destination for fostering meaningful connections and advancing the jewellery trade in India.
PMI Chennai 2025 commenced with a spectacular high-luxury showcase featuring 43 eminent participants across generic gold, antique gold jewellery, couture, and gemstone segments. Adding brilliance to the occasion, 15 leading diamond manufacturers are presenting their latest creations in the Diamond Pavilion, powered by IDT Gemological Laboratories Worldwide, along with 1 exhibitor in the Allied & Machinery segment. Together, these 60 exhibitors are unveiling exclusive collections to more than 200 hosted retailers, making this edition one of the most anticipated and meticulously curated gatherings in the industry.
Beyond the showcase, PMI continues to create a premium environment that fosters personalized, one-on-one interactions, enabling buyers and sellers to engage in meaningful dialogue and build lasting business relationships. Enhancing the exclusivity of the event, PMI Chennai will also host an elegant Networking Dinner, offering a relaxed yet sophisticated setting for deeper discussions and stronger collaborations within the jewellery fraternity.

Rajesh Rokde – Chairman, GJC “In the last two quarters, the jewellery market has seen a clear shift: retailers are stocking faster, leaning towards lighter, design-led collections, and planning their wedding-season inventory well in advance. PMI Chennai fits precisely into this cycle. The platform brings top manufacturers—across gold, diamonds, and lightweight daily-wear—face-to-face with serious buyers in a highly efficient format. It enables faster discovery, faster negotiation, and faster business conversion, which is exactly what the industry needs in the current demand curve.”
Avinash Gupta – Vice Chairman, GJC “Retailers today are operating in a market where consumer expectations are shaped by fresh designs and transparent value. PMI Chennai addresses this need directly by presenting exclusive, market-ready collections that match regional and pan-India demand patterns. It allows retailers to evaluate craftsmanship, pricing, delivery timelines, and trend alignment in a focused setting—making inventory planning sharper, cleaner, and more profitable ahead of the peak buying season.”


Chetan Thadeshwar – Convener, PMI
“PMI Chennai is designed as a precision-driven buying platform, bringing together 43 premium Gold stalls, 15 exhibitors in the Diamond Pavilion powered by IDT, and 1 exhibitor in the Allied & Machinery segment—making a total of 60 leading manufacturers under one roof. This edition features some of the industry’s most recognised diamantaires and gold jewellery manufacturers, offering retailers exclusive access to high-quality, design-led collections. PMI continues to raise the bar in focused sourcing, premium networking, and outcome-oriented business engagement, connecting over 200 hosted retailers with the best the industry has to offer.”
Saiyam Mehra – IPC, GJC & Joint Convener, PMI “The next 3–4 months are extremely crucial for retailers, with wedding orders rising and discretionary jewellery spending improving steadily. In this environment, access to differentiated, fast-moving collections becomes a competitive advantage. PMI Chennai ensures retailers can source intelligently—whether it’s high-demand bridal gold, innovative diamond collections, or commercially strong lightweight lines. It strengthens the retail value chain by giving buyers clarity, choice, and confidence when demand is peaking.”


Madan Kothari – Joint Convener, PMI “PMI Chennai exemplifies the essence of a curated, precision-led sourcing platform. With trusted gold manufacturers, the high-value Diamond Pavilion, and a format designed for meaningful, outcome-oriented conversations, retailers can plan their season with clarity and confidence. PMI’s strength lies in its disciplined, relationship-driven ecosystem—critical in a high-demand market. As Joint Convener, I believe this edition will enable retailers and exhibitors to unlock real, measurable business growth.”





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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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