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Carat Capital · The trade paper of the jewelry world · Est. MMXXVI · Free to read
Diamonds Desk · Mumbai

India's big August show fills up early

GJEPC's IIJS Premiere returns to Mumbai on August 6–10 with pre-registration past 25,000, landing just as June gems-and-jewellery exports jumped 26.5 percent — a confident sourcing season into an uncertain tariff year.

Engraving — CC graphics deskCC/07-28
By the numbers · IIJS Premiere
Aug 6–10
Mumbai show
25,000+
pre-registered
+26.5%
June exports, y/y
+54.5%
gold jewellery exports
10%
new US duty, Jul 24
INDIA'S JUNE EXPORT TAPEGOLD JEWELLERY+54.5%TOTAL EXPORTS+26.5%CUT & POLISHED+8.7%YEAR-ON-YEAR CHANGE, JUNE 2026. GJEPC.
Plate I — Carat Capital graphics desk.  CC/2026/140

§1Voting with their badges.

The Indian trade is voting with its badges. GJEPC's IIJS Premiere, the country's flagship gem-and-jewellery show, returns to Mumbai on August 6–10, and pre-registration has already crossed 25,000 with the first deadline extended to absorb demand. For a domestic industry that spent the spring absorbing tariff shocks, an early sell-out of visitor slots is its own kind of forecast.

The confidence has a number behind it. India's gross gems-and-jewellery exports rose 26.5 percent in June to about $2.21 billion, led by gold jewellery up 54.5 percent and cut-and-polished diamonds up 8.7 percent. The quarter as a whole was flat, and rough imports fell by roughly a third, so the June jump is a restart rather than a boom — but a restart is what the show floor is built to convert into orders.

§2A restart, not a boom.

The backdrop is anything but settled. A new 10 percent US duty on Indian goods took effect on July 24, landing on the single largest market for Surat's polished output, and the European exemption for stones finished in Antwerp gives buyers a reason to route work away from India. A strong domestic show is partly a hedge: if the American door narrows, the Indian counter and Gulf buyers have to carry more of the weight.

For a domestic industry that spent the spring absorbing tariff shocks, an early sell-out of visitor slots is its own kind of forecast.
— The Diamonds Desk

§3A hedge against the duty.

That is why GJEPC has spent the summer courting retailers well beyond Mumbai, from Lucknow to Abu Dhabi, ahead of the doors opening. The show is no longer only an export shop window; it is where India's own fast-growing jewellery retail — the demand behind Titan's 39 percent quarter — meets its supply base under one roof.

The Desk’s ViewDiamonds

Watch the order books, not the footfall. Registrations measure hope;

the tickets written between August 6 and 10, against a live US tariff and a soft rough market, will show whether India's recovery is broad enough to survive the loss of a little American duty-free room.

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