Picture this: India’s jewelry bazaar, worth $85-90 billion now, ballooning to $130-150 billion by 2030. What’s powering this? Wedding frenzy, love for high-end bling, retail giants spreading wings, and consumers feeling flush.
The excitement peaked at the launch of ‘DJGF Signature 2026’ Edition 2 in New Delhi’s India Mandapam, hosted by Informa Markets. North Indian jewelers are already reaping early dividends from the vibrant showcase.
GJC’s Avinash Gupta, Vice Chairman, celebrated the crowd pull as a sign of solid sentiment and ecosystem evolution. ‘Our new normal includes 3% gold premiums, 5% on silver, quick stock flips, and trade shows every couple weeks for low-risk ops,’ he explained.
But growth demands adaptation: Expect HUID transparency via BIS, silver hallmarking, and AI for PMLA oversight. These steps will fortify the sector.
Economically vital, gems and jewelry fuel 7-8% GDP, 12-14% exports, and jobs for 5 million+. India dominates diamond cutting (90% global) and gold demand, anchoring world supply lines.
Yogesh Mudras of Informa Markets called it a shift to organized expansion, thanks to holidays, nuptials, and formalization aiming for $130 billion. DBJA’s Ram Avtar Verma marveled at the event’s buzz, proof of progress. India’s jewelry story is just heating up.