IIJS Bharat – Signature 2026 wraps up with estimated ₹75,000 crore in revenue

Jan 15, 2026

IMG 2The 18th edition of IIJS Bharat – Signature 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC), concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised over the next three months.

The show attracted over 25,000 trade buyers from more than 800 Indian cities, signalling robust domestic demand. Its growing international stature was reinforced by the participation of 1,400 international buyers from 40 countries, along with 12 high-level international delegations, highlighting sustained global interest in Indian-crafted gold, diamond, silver, and lab-grown jewellery.

The inauguration of IIJS Bharat – Signature 2026 was held across both venues in Mumbai. The inaugural ceremony at the Jio World Convention Centre (JWCC) on 8 January was graced by Chief Guest Ms. Sandrine Conseiller, CEO, De Beers Brands and Chair, Natural Diamond Council, along with Guests of Honour Ms. Harsha Bangari, Managing Director, EXIM Bank, and Mr. Saumen Bhaumik, Managing Director, CaratLane. The ceremonial ceremony at the Bombay Exhibition Centre (NESCO) on 9th January was marked by the presence of Guests of Honour Mr. Neeraj Agarwal, Ambassador-Designate of India to Mauritania (West Africa), and Mr. Arun Narayan, CEO – Jewellery Division, Tanishq, alongside the senior leadership of the Gem & Jewellery Export Promotion Council (GJEPC).

Commenting on the successful conclusion, Shri Kirit Bhansali, Chairman, GJEPC, said, “IIJS Bharat – Signature 2026 has sent a clear and confident signal for the year ahead. The estimated ₹75,000 crore in business expected to be generated from this edition underscores the scale, credibility, and momentum of India’s gem and jewellery industry. As the first major B2B jewellery show of the year, IIJS continues to set the direction for the global trade calendar. With sustained demand across gold, diamonds, coloured gemstones, silver, and lab-grown jewellery, we remain firmly on course towards our long-term vision of achieving USD 100 billion in exports by 2047—driven by innovation and global partnerships.”

A key highlight of the IIJS Bharat – Signature 2026 was the launch of ‘JewelStart’, a new GJEPC initiative designed to mentor startups and emerging entrepreneurs in the jewellery sector, ensuring a strong pipeline of innovation and future-ready talent.

The Crafts Pavilion at IIJS Bharat – Signature 2026 received strong interest from buyers and designers, with visitors engaging closely with National Award-winning artisans and traditional craft techniques. Several participants also initiated discussions to seek artisan support and explore the integration of heritage craftsmanship into contemporary jewellery collections.

Further expanding the scale and scope of the event, IGJME Bharat – Signature 2026 was inaugurated alongside IIJS Bharat – Signature in Mumbai. The dedicated machinery and technology showcase brought together cutting-edge manufacturing solutions, advanced equipment, and allied services, offering a comprehensive view of the latest innovations shaping jewellery production. Seamlessly complementing the jewellery exhibitions at the Bombay Exhibition Centre, IGJME created a truly end-to-end sourcing and manufacturing platform for the global gem and jewellery industry.

This year’s exhibition highlighted a strong market preference for jewellery priced below ₹5 lakh, driven by a consumer shift toward classic minimalism and “no-clutter” designs built for longevity. While diamond bridal sales saw slight moderation, fancy-cut diamonds—specifically pear-shaped and marquise stones—delivered standout performances. Additionally, organic gems are seeing a resurgence, with pearls positioned for a significant market comeback.

Rising metal costs have forced an industry-wide transition in gold purity and manufacturing. There is a notable shift toward 18-karat gold, even in regional markets that traditionally preferred 22–23-karat purity. While 14-karat and 9-karat options face limited acceptance in Tier III and IV towns due to cultural value concerns, technology has successfully reduced metal weight by 15% in many collections. Furthermore, 3D manufacturing has expanded into the bridal segment, achieving weight reductions of up to 40% compared to traditional handmade designs.

The colored gemstone category is experiencing robust growth, with tanzanite emerging as the primary alternative to blue sapphire. Demand was strongest for stones ranging from 1 to 10 carats, with price points spanning $50 to $200 per carat depending on quality. This surge in blue stones complements the consistent demand for emeralds and rubies, as consumers increasingly seek to complete a full color palette in their high-end jewellery collections.

As the curtains fall on this landmark edition, IIJS Bharat – Signature 2026 has firmly reinforced India’s position at the centre of the global jewellery trade, setting the stage for sustained growth and export momentum in the year ahead.

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