GJ Town India

  The Show set to drive ₹70,000 crore in business over the next quarter                FTAs Unlocking New Growth Opportunities  for India’s Gem & Jewellery Industry: Kirit Bhansali   The biggest-ever India International Jewellery Show (IIJS), the 41st edition, is the biggest-ever edition of the famous gem & jewellery B2B trade show organised by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC). Showcasing, Brilliant Bharat theme, IIJS 2025 is eyeing big business generation of billions of dollars in exports with several policy initiatives such as the recently concluded India-UK Free Trade Agreement and the much-awaited India-US bilateral trade agreement among others.    Chief Guest Rahul Narvekar, Hon. Speaker, Maharashtra State Legislative Assembly, inaugurated the world’s second largest gem & jewellery B2B show - India International Jewellery Show (IIJS) Premiere 2...

  Till you read, the show will commence!   IIJS Premier 2025 is well set and organiser, the GJEPC is ready to host over about 50K trade buyer and now, the world’s largest number two, Gem & Jewellery [GJ] exhibition is opening in a blink time moment!    With the national tri-colour Flag hoisting and grand inaugural ceremony, the show will spread a fresh breezy business and seasonal sentiment. This is likely to open up the season’s buying attitude and start sourcing from the checklist to cater the better and best to their valued buyer for the season ahead!    IIJS Premier will also accommodate, India Gems & Jewellery Machinery Expo [IGJME] at BEC in a specious & well managed tech-n-techno sourcing full sized exhibition! This is the time to stay updated & source cutting-edge machinery to remain utmost competitive not only within the boundaries of India but also in the globe. In the sync of staying updated, both of the domes will car...

  A curated selection of handcrafted jewellery at the official celebration   British Asian jeweller PureJewels was invited by India’s Gem & Jewellery Export Promotion Council (GJEPC) to present a curated selection of handcrafted jewellery at the official celebration of the signing of the UK–India Free Trade Agreement (FTA).   Held at Chequers, the country residence of the UK Prime Minister, on July 24, 2025, the event brought together Prime Minister Narendra Modi and Prime Minister Sir Keir Starmer to mark a historic moment in strengthening trade and cultural ties between India and the UK. NAJ member PureJewels participated in the GJEPC showcase, presenting its work alongside the six winning designs from India’s prestigious 2025 Artisan Awards.    PureJewels CEO Jayant Raniga said, “The inclusion marked a proud moment for the British Asian jewellery community and reflected the growing recognition of craftsmanship rooted in shared heritage and cultu...

  Celebrates sibling love with Ayush Mehra & Yashaswini Dayama    CaratLane – a Tata product and India’s leading omni-channel jewellery brand – has unveiled its heartwarming Raksha Bandhan campaign featuring internet’s favourite sibling duo, Ayush Mehra and Yashaswini Dayama. Known for their effortless chemistry and playful energy, the duo brings to life the sweet, relatable dynamic that defines countless brother-sister relationships.    The campaign film beautifully captures the essence of Raksha Bandhan—blending humour, nostalgia, and genuine emotion. From quirky sibling banter to touching gestures of care, the film is a tribute to bonds that grow stronger with time. It reminds us that it’s not just the ritual, but the love and effort behind it that makes Rakhi truly special. Shaifali Gautam, Chief Marketing Officer, CaratLane, said, “Raksha Bandhan is a celebration of love, nostalgia, and the bond that only siblings share. With Ayush and Yashaswin...

  Unfolded a series of Awards, Convocations & Recognitions     A series of events unfolded on this day at GJSCI worth sharing.  It was GJSCI’s 13th Foundation Day along with Long Service Award distribution, JOSH Convocation Ceremony and Recognition of Centre of Excellence to IIGJ Delhi.    On this auspicious occasion a ceremony was organized where the Chief Guest at the event were Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ; Ekta Upadhyay, Director, Academic Administration - IIGJ, Mumbai who was our Special Guest along with Executive Director & CEO Rajeev Garg, & General Manager Operations, Kiran Padture who were all seated at the Dais.    Dnyaneshwar B. Patil, IAS, has been a supporter of GJSCI and has made it a point to contribute his precious time to be a part of this ceremony whenever invited.  His presence adds grace to the event and the students feel very privileged to receive their Convoc...

  Kirit Bhansali witnessed the FTA signing with a 20-member delegation    Hon’ble Prime Minister Shri Narendra Modi and UK Prime Minister Keir Starmer signed the landmark India-UK Free Trade Agreement (FTA) today-24th July 2025 at Chequers, the official country residence of the British Prime Minister. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was present at the ceremony as part of a special 20-member business delegation led by Hon’ble PM to UK.  The FTA is set to transform bilateral trade between the two nations, with nearly 99% of Indian exports gaining zero-duty access to the UK market. The pact is expected to significantly boost Indian gem exports across key sectors, especially plain gold and gemstone studded jewellery.     In 2024, India exported gem and jewellery (GJ) worth US$ 941 million to the UK, while imports from there stood at $2.7 billion, bringing bilateral trade in the sector to UK$ 3.6 billion. Under t...

  Fused H1 price sunk by 5%, reflected impact of a 14% cut in RPI   DeBeers said, rough diamond trading conditions remained challenged in the first half of 2025. Improved industry sentiment at the end of the first quarter led to stabilisation of polished diamond prices. But uncertainty surrounding U.S. tariffs announced in April subsequently slowed polished trading. In contrast to the ongoing challenging trading conditions, consumer demand for diamond jewellery remained broadly stable in the first half of the year.   According to DeBeers, rough diamond sales from three Sights in Q2 2025 totalled 7.6 million carats, benefitting from stock rebalancing initiatives with specific assortments being sold at lower margins (6.8 million carats on a consolidated basis), generating consolidated rough diamond sales revenue of $1,185 million.   This compared with three Sights in Q2 2024 of 7.8 million carats (7.3 million carats on a consolidated basis), generating con...

  Beheld India’s legacy of Craftsmanship, unveils Gem of a Partnership   Both PMs meet with Indian and UK business leaders Update 1: Prime Minister Shri Narendra Modi and the Prime Minister of the United Kingdom, Keir Starmer met with business leaders from India and the UK following the signing of the historic India - UK Comprehensive Economic and Trade Agreement [CETA].    Leading Industry captains from both sides from the health, pharmaceuticals, gems and jewellery, automobiles, energy, manufacturing, telecom, technology, IT, logistics, textiles and financial services sectors were present in the meeting. These sectors contribute significantly to employment generation and inclusive economic development in both countries.    During the visit at the gems & jewellery pavilion themed, India Crafts Reimagined - Kirit Bhansali, Chairman-GJEPC hosted both, India & UK’s Prime Ministers. They informed and explained about India’s legacy of Craftsmanship by...

  Unlocking the full potential of a revitalised partnership    The Prime Ministers of India and the United Kingdom, during their meeting on 24 July 2025 in London endorsed the new India-UK Vision 2035 that reaffirms their shared commitment to unlocking the full potential of a revitalised partnership. This ambitious and future-focused agreement underscores the two nations’ resolve to work together for mutual growth, prosperity and to shape a prosperous, secure, and sustainable world in a time of rapid global change.    Increased ambition: Since elevating the relationship to a Comprehensive Strategic Partnership, India and the UK have catalysed significant partnerships and growth across all sectors. The new vision builds on this momentum, setting ambitious goals to deepen and diversify bilateral cooperation.    Strategic Vision: By 2035, flagship partnerships will redefine the India-UK relationship delivering transformative opportunities and tangible b...

  Unlocks India’s export opportunity, including gem and jewellery   India and the United Kingdom have taken a major step in building a stronger economic partnership with the signing of the Comprehensive Economic and Trade Agreement (CETA) under the visionary leadership of Prime Minister Shri Narendra Modi.   In the presence of Prime Minister Shri Narendra Modi, UK Prime Minister Keir Starmer, the agreement was signed by Commerce and Industry Minister, Piyush Goyal and Secretary of State for Business and Trade, Jonathan Reynolds. Dr. S. Jaishankar, Minister of External Affairs and Rachel Reeves, Chancellor of the Exchequer were also present.   This FTA marks a significant milestone in India’s engagement with major developed economies and reflects a shared commitment to strengthening economic integration. As the world’s fourth and sixth largest economies respectively, India and the UK’s bilateral engagement holds global economic significance. The signing of...

  The prolonged period of lower demand; the key reason!   Rough diamond production in Q2 2025 decreased by 36% to 4.1 million carats, reflecting a planned production response to the prolonged period of lower demand.   In Botswana, production decreased by 44% to 2.7 million carats, as a result of extended maintenance at Orapa  as well as actions to lower production, which included putting the Letlhakane Tailings Treatment Plant on care and maintenance. Jwaneng production was broadly consistent with the prior period.   Production in Namibia decreased by 5% to 0.5 million carats, as a result of planned actions to lower production at Debmarine Namibia. Following a fleet optimisation study, the Coral Sea vessel was retired and the Grand Banks vessel has been taken out of service, pending a decision on potential decommissioning or sale. This was partially offset by planned mining of higher-grade areas at Namdeb.    In South Africa, the output fro...