JB Insights
GJC’s 8th Edition of India Gem & Jewellery Show (GJS2025) Opens Today with Grand Inauguration at Jio World Convention Centre, Mumbai
The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened today with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis Ji, who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry.
Also graced by the presence of Shri Pankaj Bhoyar (Honourable Minister of State for Home (Rural), Housing, School Education, Cooperation and Mining, Government of Maharashtra) and Smt. Chitra Kishor Wagh (Member of the Maharashtra Legislative Council). The ceremony was further attended by key industry leaders including Kirit Bhansali (Chairman, Gem & Jewellery Export Promotion Council – GJEPC), Dr. B. Govindan (Chairman, Bhima Jewellers), and Sandeep Kohli (CEO, Novel Jewels, Aditya Birla Group & Indriya – Aditya Birla Jewellery). Special guests included Rajiv Jain (Secretary, Jaipur Jewellery Show) and Prithviraj Kothari (National President, IBJA – India Bullion and Jewellers Association).
Organised by the All India Gem and Jewellery Domestic Council (GJC), the four-day exhibition runs from 16th to 19th September 2025, GJS2025 brings together 350+ exhibitors, with more than 750 booths, 10,000+ visitors, and 2,000+ hosted buyers from across India, offering unmatched networking and sourcing opportunities.
The GJS2025 Diwali Edition opened with a dazzling showcase of jewellery, ranging from traditional bridal pieces to modern, fashion-forward designs. Themed “Tyohar Bharat Ke, Show Humara Apna”, the exhibition features over 400 exhibitors Visitors can explore exquisite designed and innovative jewellery, perfectly timed for the upcoming festive and wedding season.

Addressing the gathering, the honourable Chief Minister of Maharashtra Shri Devendra Fadnavis ji said, “The gems and jewellery industry is a vital sector for India as a whole, and for Maharashtra in particular. It is not only a significant contributor to our economy but also an important generator of employment. The tradition of gems and jewellery in our culture dates back to the Indus Valley Civilization and even earlier, with a history of over 10,000–12,000 years.
GJC’s efforts to bring more players into the organised sector are truly commendable. The Council invite to work with the government by presenting a comprehensive framework for certification and other key initiatives. GJC to enhance the availability of skilled manpower for the gems and jewellery industry through Skill universities
Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council (GJC)
“It is indeed an honour and a historic moment for GJC. Nine years ago, in 2016, we were privileged to have our industry addressed by the Hon’ble Prime Minister at Vigyan Bhavan, Delhi, and today we feel the same pride. I extend heartfelt thanks to our Hon’ble Chief Minister. With 30 states contributing, Maharashtra alone accounts for nearly 25% of GST collections — truly remarkable.

Over the past 20 years, GJC has built a legacy of pride, becoming a trusted bridge between the government and the trade. Whether it is income tax, hallmarking, import–export, GST, PMLA, or budget recommendations — GJC has always represented the voice of jewellers. Through initiatives like Labham, we continue to empower jewellers with knowledge, education, and awareness. The clarity brought by BNS 317 has been a guiding light for jewellers across Maharashtra. On behalf of GJC, I thank our Hon’ble CM and Shri Pankaj Bhoyar for their continuous support.”

Avinash Gupta, Vice Chairman, GJC, said: “We sincerely thank the Government for its continued support in strengthening business and skill development for our industry. GJC, together with the Government, will form committees to work hand in hand for the sector’s growth. Even with 50% tariff implementation, our industry has the unique ability to turn challenges into opportunities. The next two years will bring even greater achievements for India’s gems and jewellery sector. We stand firmly with the Government in this journey and extend our heartfelt gratitude to the Hon’ble Chief Minister for his vision and support.”
Chitra Kishor Wagh,Member of the Maharashtra Legislative Council
“Earlier, IPC 411 posed several challenges, but with its transition into BNS 317, greater clarity has been achieved. The Hon’ble Chief Minister has assured that instead of a recovery officer, only an investigating officer will handle such matters — a significant relief for our industry. Maharashtra has once again set an example, being the first and only state with 36 districts to witness such a development.

The formation of the Vigilance Committee, under the guidance of Shri Pankaj Bhoyar and with the support of our Hon’ble Chief Minister, is historic. Maharashtra truly stands as a ‘Sonya Sarkkha Soneri Maharashtra’ – a golden state for jewellers.”

Saiyam Mehra – Convenor – GJS – welcoming the CM of Maharashtra as Chief Guest stated “It is an honour to welcome Hon’ble Chief Minister Shri Devendra Fadnavis Ji to the inauguration of GJS2025. His presence reinforces the significance of our industry and the strength of Humara Apna Show. With over 350 exhibitors and thousands of buyers, we anticipate a business turnover of approximately Rs.32,000 crore over the next four days. GJS continues to be a catalyst for growth, innovation, and global recognition of India’s jewellery”


By Invitation
Secured Gold Loans vs. Collateral Free Credit: Which One Truly Offers Peace of Mind?
By Priyank Kothari, Director of Arvog
Life throws curveballs. Whether it’s a medical emergency, a sudden travel plan, or a business cash crunch. when you need money fast, choosing the right kind of loan matters. Should you take a personal loan without any collateral, or borrow money against the gold sitting idle at home?
More people in India are leaning toward gold loans and not without good reason.
What’s the Real Difference?
- Gold Loans (Secured): You give your gold to the lender jewellery, coins, or bars and they lend you a portion of its value, usually 60–75%. Once you repay, your gold comes back to you, just as it was.
- Collateral Free Loans: These don’t need any security, but lenders will look closely at your credit score, income, and repayment history. If you miss payments, it can hurt your credit profile, and collection calls can be stressful.
Why Gold Loans Are Catching On
Let’s look at what the numbers say:
- From Rs1.16 lakh crore to Rs2.51 lakh crore in just one year gold loans grew 115% between May 2024 and May 2025.
- Disbursements jumped by 124% year over year.
- Industry experts predict the gold loan market could touch Rs.15 lakh crore by FY27, with NBFCs driving a big chunk of that growth.
Clearly, this isn’t just a trend it’s becoming a go to financial choice.

What Makes Gold Loans So Attractive?
1. Lower Interest Rates
Since your gold backs the loan, lenders take on less risk. That usually means lower interest rates than a collateral free loan.
2. Quick and Easy Process
Need cash fast? Gold loans are often processed within a few hours with minimal paperwork.
3. Credit Score Not a Dealbreaker
Even if your credit history isn’t perfect, your gold can still help you get the funds you need.
4. Your Gold Is Safe
It’s assessed in your presence, securely packed, stored in top tier vaults, and often insured arguably safer than keeping it at home.
What About Collateral Free Credit?
Personal loans without collateral do offer quick access, but they come with a few caveats:
- Higher interest rates make them costlier over time.
- You need a strong credit profile and steady income to get a good deal.
- A few missed payments can hurt your credit score and stay on your record for years.
- High interest + long tenures = a debt trap if you’re not careful.
So, Which One Gives You Real Peace of Mind?
If you own gold and need money in a hurry, gold loans give you four big wins. lower interest, fast disbursal, less paperwork, and the comfort of knowing your credit score isn’t standing in your way.
In uncertain times, gold loans offer something rare a way to raise money quickly, without losing control or peace of mind.
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