{"id":30863,"date":"2025-04-07T14:56:29","date_gmt":"2025-04-07T09:26:29","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=30863"},"modified":"2025-04-07T14:57:04","modified_gmt":"2025-04-07T09:27:04","slug":"igjs-jaipur-2025-strengthens-global-connections","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/igjs-jaipur-2025-strengthens-global-connections\/","title":{"rendered":"IGJS Jaipur 2025 Strengthens Global Connections"},"content":{"rendered":"

The International Gem & Jewellery Show (IGJS) Jaipur<\/strong>, held from 3rd<\/sup> to 5th<\/sup> April 2025, once again transformed Jaipur into a global hub for the gem and jewellery trade. Organised by the GJEPC, the event drew 50 of India\u2019s leading gem and jewellery exporters and more than 180 buyers from 28 countries spread across the world, showcasing Jaipur\u2019s craftsmanship amidst evolving market dynamics. <\/em><\/p>\n

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Exhibitors at IGJS Jaipur 2025 reported a spectrum of experiences, with increased footfall and business often juxtaposed against uncertainties about a post-US tariff world. Krishna Behari Goyal of Dwarka Gems described a busier show than last year, crediting better-curated buyer profiles and heightened market interest. Specialising in silver and studded gold jewellery, Goyal noted buyers opting for broader selections with post-purchase modifications. On US tariffs, he sees India\u2019s competitive edge\u2014lower than China and Thailand\u2014softening the blow, with costs likely split between consumers and exporters.<\/p>\n

Ramsaran Tambi, Director of Emerald Mines praised its buyer-supplier interaction potential but urged more focus on attracting larger retail chain buyers. Evergreen demand for emeralds and rubies persists, with inquiries from Spain and Uzbekistan, though he noted many attendees are small-scale, one-time buyers. Similarly, Digant Toshniwal of Brasilgo Jewels Pvt. Ltd., in his third outing, highlighted repeat leads from the US and Canada converting into orders. His tariff workaround was for a robust shipping overhaul, potentially via GJEPC partnerships with DHL or India Post.<\/p>\n

Exhibitor Harsh Bhatia, Business Development Manager, Derewala Industries Ltd. enjoyed strong interest from Uzbekistan and France for brass, silver, and gold-plated mid-ticket jewellery, while Ajay Lodha, Director of GIE Jewels, targeting multi-chain stores, remained cautiously optimistic despite unclear buyer seriousness. Exporting to the US and UK, Lodha anticipates consumers absorbing tariff costs due to precious metal price floors.<\/p>\n

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Samridhi Jain, Creative Director of Pukhraj Gems Exports, a second-time exhibitor, was thrilled with the response, particularly for brass and sterling silver jewellery with natural gemstones. Seeing demand from the UK, US, Brazil, and South America, Jain emphasised their one-stop solution\u2014cutting and crafting in-house\u2014as a draw. On tariffs, she noted varied buyer reactions, with optimistic clients unfazed due to strong clientele. Parul Dhonda, Sales & Marketing Officer of SKSM Diamonds Impex Limited, specialising in natural yellow and pink diamonds, reported a familial reunion with last year\u2019s clients alongside new interest, primarily from the US and Europe. Despite a slower market, demand exceeded expectations, with Dubai and Saudi Arabia eyed as tariff buffers.<\/p>\n

Rahul Jain, Marketing Executive, Kaypee Exports (Lunawat Gems), in his debut, saw robust inquiries for silver jewellery and Arizona\u2019s \u201csleeping beauty\u201d turquoise, especially from the US and Australia. With a factory employing 1,000 and advanced CNC technology, Rahul Jain\u2019s one-stop model mirrors Samridhi Jain\u2019s, targeting buyers seeking seamless stone-to-jewellery solutions. He views the India-Australia free trade agreement as a boon, boosting duty-free growth, while US tariff strategies remain fluid pending buyer negotiations.<\/p>\n

Buyers lauded IGJS Jaipur\u2019s intimate scale but sought broader offerings. Suzanne Eid, GJEPC\u2019s Middle East Coordinator, brought 25 delegates from Saudi Arabia, UAE, Kuwait, Lebanon, Jordan, and Egypt, reporting satisfaction among retailers, wholesalers, and manufacturers. Limited gemstone variety\u2014e.g., rubies\u2014prompted calls for more exhibitors.<\/p>\n

Dallas Prince of Dallas Prince Designs (USA) vowed to maintain Indian sourcing despite tariffs, advocating a shared cost model to preserve quality. First-timer Andrew Hinds of UK-based jewellery retail chain F.Hinds with 130 stores, praised the curated supplier mix and proximity to factories, enhancing his coloured stone sourcing.<\/p>\n

Jim Zulick of MBI Inc. (Danbury Mint, USA) found the smaller venue conducive to productive supplier meetings, eyeing India\u2019s growing role. Mahdi K. of Khosronezhad Jewellery Gallery (Iran), a second-time attendee, valued networking for his diamond and gold designs, while Bahareh E. of Avisha Jewellery (Iran), a first-timer representing stores in Iran, Turkey, and Dubai, marvelled at unique designs and pearls. Stephen Adair of Combined Jewellery Services Pty Ltd (Australia), a loose gemstone wholesaler, appreciated the variety, sourcing semi-precious and precious stones. The India-Australia ECTA trade agreement eased business, though rising prices remain a challenge; he hopes for a larger 2026 show.<\/p>\n

Tariffs and Beyond: Navigating a Shifting Landscape<\/strong><\/p>\n

US tariffs dominated discussions, with India\u2019s 26-27% rate (versus Thailand\u2019s 34% and China\u2019s 37%) offering a competitive edge. Strategies range from Dallas Prince\u2019s burden-sharing and Samridhi Jain\u2019s tariff-agnostic optimism. Exhibitors like Dhonda see emerging markets like Dubai as gap-fillers, while Rahul Jain leverages Australia\u2019s duty-free access. Logistical hurdles, particularly shipping, emerged as a bottleneck, with calls for streamlined systems echoing across interviews.<\/p>\n

Dallas Prince remarked, \u201cRegarding sourcing from India, I will adapt to some of the tariff situation. I\u2019m not going to drop any business because of it. I think there are ways to make the best out of the numbers you have. I\u2019m not one to cut back on quality\u2014that\u2019s why I\u2019m here. The same quality is there, and if there\u2019s a higher price to pay for that, I\u2019m willing to do it to stay working with India.<\/p>\n

\u201cAs for who will pay that higher price\u2014whether it\u2019s the US consumer, the exporter, or the retailer\u2014there\u2019s a little bit of a split between all of those things. If we all work together, then we can all succeed in the end. I don\u2019t think any one person has to take the entire tariff burden to begin with, so hopefully that\u2019ll work out.\u201d<\/p>\n

IGJS Jaipur 2025 reaffirmed Jaipur\u2019s status as a gem and jewellery powerhouse, blending heritage with adaptability. Exhibitors seek refined buyer vetting\u2014e.g., Lodha\u2019s post-show conversion tracking and Toshniwal\u2019s appointment system\u2014while Suzanne Eid pushes for expanded exhibitor diversity.<\/p>\n

GJEPC plans to scale up next year\u2019s event (9th<\/sup> to 11th<\/sup> April) by hosting 500+ buyers and showcasing 150+ exhibitors, aiming to elevate IGJS\u2019s global stature. Amid tariffs and shifting demands, the show highlighted resilience, collaboration, and innovation as the industry\u2019s cornerstones, setting the stage for a dynamic future.<\/p>\n","protected":false},"excerpt":{"rendered":"

The International Gem & Jewellery Show (IGJS) Jaipur, held from 3rd to 5th April 2025, once again transformed Jaipur into a global hub for the gem and jewellery trade. Organised by the GJEPC, the event drew 50 of India\u2019s leading gem and jewellery exporters and more than 180 buyers from 28 countries spread across the…<\/p>\n","protected":false},"author":2,"featured_media":30864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91,112],"tags":[],"thb-sponsors":[],"class_list":["post-30863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-international"],"acf":[],"yoast_head":"\nIGJS Jaipur 2025 Strengthens Global Connections - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/igjs-jaipur-2025-strengthens-global-connections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IGJS Jaipur 2025 Strengthens Global Connections - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"The International Gem & Jewellery Show (IGJS) Jaipur, held from 3rd to 5th April 2025, once again transformed Jaipur into a global hub for the gem and jewellery trade. 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