The ICC Diamond Conclave 2.0, organized by the Indian Chamber of Commerce celebrating its centenary from 1925 to 2025, is a premier event themed “India shining for global stage.” Scheduled for Saturday, August 30, 2025, at The Lalit Great Eastern in Kolkata from 9:45 a.m. to 4:30 p.m., this conclave positions India as a leader in the global diamond and jewellery industry.
India’s Diamond Industry as a Global Beacon
India’s diamond industry stands as a global beacon of craftsmanship, scale, and economic resilience. At the heart of this glittering ecosystem lies Surat, which processes over 85% of the world’s rough diamonds, transforming them into polished stones that grace jewellery counters from New York to Tokyo.
Employment and Export Achievements
The industry employs close to 1.5 million people across India and exported USD 13.2 billion worth of cut and polished natural diamonds in FY 2024-25. Alongside, India’s emergence as a powerhouse in the lab-grown diamond sector is noteworthy, with exports of polished lab-grown diamonds reaching USD 1.26 billion during the same fiscal year, underscoring its growing influence in sustainable and technologically advanced segments of the global market.
Priorities for Artisan Upliftment and Visibility
One of the most pressing priorities is the upliftment and visibility of India’s artisan community, which remains the true engine behind the industry’s success. By investing in upskilling, design education, and digital inclusion for artisans—particularly in CAD and 3D modeling—India can nurture a next-generation workforce that is rooted in tradition yet ready for a tech-enabled future.
Challenges in Marketing and Brand Building
Marketing and brand building remain underdeveloped pillars of India’s diamond trade. While Indian diamond manufacturers dominate global volumes, Indian names remain sparse among premium global jewellery brands. With over 60% of millennial and Gen Z consumers preferring jewellery that tells a story, the potential to build India-origin diamond brands anchored in culture, craftsmanship, and quality is enormous.
Leveraging Timeless Design Heritage
India’s timeless design heritage offers another unique advantage. Global jewellery trends are increasingly shifting toward culture-infused, bespoke, and experiential designs. By fusing India’s intricate artistic traditions with modern aesthetics, there is a tremendous opportunity to create globally appealing yet distinctly Indian design signatures.
Global Jewellery Market Projections
At a time when the world jewellery market is estimated at USD 350 billion, India’s branded jewellery segment is growing at 8-10% CAGR. India must shift from a supply-driven to a story-led, design-rich, and digitally visible approach to capture a larger share.
Event Aim and Vision
The ICC Diamond Conclave 2.0 is envisioned as a landmark platform to explore the current and future landscape of India’s diamond and jewellery sector. It will include special recognitions to honour visionary leaders and global personalities who are shaping the future of Indian brilliance in the gem and jewellery industry.
Key Sessions and Discussions
Key sessions at the conclave include creating a niche for India as a leader in global branding, artisan upliftment, and high-value design; the future of jewellery retail connecting with Gen Z and Millennials; local talent with global appeal; and a fire-side chat with an eminent personality.
Diverse Participant Profile
The participant’s profile encompasses a wide range of professionals, including manufacturers, exporters and traders, retailers and wholesalers, laboratories, jewellery machine manufacturing companies, trade body representatives, gold loan providing companies, banks and exchanges, economists and analysts, policy makers, assayers, corporates, regulators, government industry experts, consumer technology companies, logistic companies, insurance companies, non-banking financial companies, diamond merchants, branding and advertisement firms, and e-commerce companies.
Reasons to Attend the Conclave
Engage with thought leaders as they discuss India’s vision to become a leader in global branding. Stay ahead of the curve by exploring technological advances, innovative practices, latest trends, and creative strategies that can boost the global competitiveness of India’s gems and jewellery industry.
Networking and Business Opportunities
Connect with top professionals, including manufacturers, wholesalers, retailers, financial institutions, policy makers, government officials, and industry leaders to exchange ideas, forge new partnerships, and explore business opportunities among relevant stakeholders in the gems and jewellery sector.
Skill Development and Training Focus
Learn about different skill development programs and training initiatives aimed at artisan upliftment and high-value jewellery designing.
Comprehensive List of Esteemed Speakers
The conclave features a distinguished lineup of speakers, including both confirmed agenda participants and invited experts:
- Mr. M. Nagaraju: Secretary (FS), Ministry of Finance, Government of India
- Mr. Sanjeev Sanyal: Member, Economic Advisory Council to the Prime Minister
- Ms. Vandana Yadav, IAS: Principal Secretary, Department of Industry, Commerce & Enterprises, Government of West Bengal; Managing Director, WBIDC
- Mr. B.V.R. Subrahmanyam: CEO, NITI Aayog
- Mr. Siddharth Mahajan: Joint Secretary, Ministry of Commerce and Industry, Government of India
- Mr. Kirit Bhansali: Chairman, GJEPC
- Mr. Rajesh Udeshi: Chairman, Quality
- Mr. Prithviraj Kothari: National President, IBJA
- Mr. Mavjibhai Patel: Managing Director, Kiran Gems
- Mr. Ajoy Chawla: Chief Executive Officer – Jewellery (Tanishq), Titan Company Limited
- Mr. BA Ramesh: Joint Managing Director, Thangamayil
- Mr. Devansh Shah: Partner, Venus Jewels
- Mr. Alok Shah: Director, Star Rays
- Mr. Hitarth Dholakia: Director, HK Exports
- Mr. Vinod Bamalwa: Chairman, ICC National Expert Committee on Jewellery & Lifestyle; Director, Nemichand Bamalwa & Sons
- Mr. Suvankar Sen: Co-Chairman, ICC National Expert Committee on Jewellery & Lifestyle; Managing Director & CEO, Senco Gold Ltd.
- Mr. Saiyam Mehra: Immediate Past Chairman & Board Member, All India Gem & Jewellery Domestic Council (GJC)
- Mr. Sabyasachi Ray: Executive Director, Gem & Jewellery Export Promotion Council (GJEPC)
- Mr. Pramod Agrawal: Chairman, National Gem & Jewellery Council of India (NGJCI)
- Dr. R. Arulanandan, IDAS: Director, Department of Commerce, Ministry of Commerce & Industry, Government of India
- Mr. Amit Pratihari: Managing Director, De Beers India
- Dr. V. Anantha Nageswaran: Chief Economic Adviser to the Government of India
- Mr. Edward Asscher: President of Royal Asscher (retired); 5th generation Asscher family member; World Diamond Council President & Co-founder of the Kimberley Process
- Mr. Sripal Dholakia: Director, Shreekunj AAI Ltd.
- Mr. Manoj Kumar Jha: Managing Director, Kamakhya Jewels
- Mr. Nilanjan Sen: Director, B. C. Sen Jewellers
- Mr. Rakesh Shah: Partner, Chirag Jewellers
- Mr. Amit Soni: Director, KIK Jewells
- Ms. Elle Hill: Founder & CEO, Hill & Co. (virtual address)
- Mr. Jayant Kulkarni: Director – Market Development, GIA India Laboratory Private Limited
- Mr. Chirag Soni: Co-Founder & Director, SGL LABS
- Mr. Gaurav S. Issar: Managing Director, IDT Gemological Laboratories Worldwide Private Limited
- Mr. Yogesh Suryawanshi: Laboratory Manager, HRD Antwerp
- Mr. Hitindra Mistry: Head of Jewellery Lab and Operations, International Gemological Institute
Delegate Participation Details
Participation as a delegate is INR 1000 per person (including GST), with a 25% discount for bulk registration and a 20% discount for ICC members.
Detailed Program Agenda
Welcoming Delegates: From 9:15 AM to 10:00 AM.
Inaugural Session Highlights
Inaugural Session: “India shining for global stage” begins with a lamp-lighting ceremony from 10:00 AM to 10:10 AM.
Welcome and Theme Addresses
10:10 AM – Welcome Address by the Indian Chamber of Commerce. 10:15 AM – Theme Address by Mr. Vinod Bamalwa, Chairman, ICC National Expert Committee on Jewellery & Lifestyle; Director, Nemichand Bamalwa & Sons.
Addresses by Special Guests
10:20 AM – Address by Special Guest Mr. Saiyam Mehra, Immediate Past Chairman & Board Member, All India Gem & Jewellery Domestic Council (GJC). 10:30 AM – Address by Special Guest Mr. Sabyasachi Ray, Executive Director, Gem & Jewellery Export Promotion Council (GJEPC).
Additional Special Guest Addresses
10:40 AM – Address by Special Guest Mr. Pramod Agrawal, Chairman, National Gem & Jewellery Council of India (NGJCI). 10:50 AM – Address by Special Guest Dr. R. Arulanandan, IDAS, Director, Department of Commerce, Ministry of Commerce & Industry, Government of India.
Principal Partner Presentation
11:05 AM – Presentation by Principal Partner: Mr. Amit Pratihari, Managing Director, De Beers India.
Guest of Honour Address
11:15 AM – Address by Guest of Honour Ms. Vandana Yadav, IAS, Principal Secretary, Department of Industry, Commerce & Enterprises and Managing Director, WBIDC, Government of West Bengal.
Vote of Thanks
11:30 AM – Vote of Thanks by Mr. Suvankar Sen, Co-Chairman, ICC National Expert Committee on Jewellery & Lifestyle; Managing Director & CEO, Senco Gold Ltd.
Refreshment Break
Tea / Coffee Break: 11:30 AM to 11:45 AM.
Special Virtual Keynote Session
12:00 PM to 12:30 PM – Special Virtual Session Keynote Address: “Global economic trends and the domestic economic resilience and the efforts of the Government of India to encourage the stakeholders and protect their interest” by Dr. V. Anantha Nageswaran, Chief Economic Adviser to the Government of India, followed by Question & Answers.
Special Virtual Address Session
12:35 PM to 12:55 PM – Special Virtual Address by Mr. Edward Asscher, President of Royal Asscher (retired), 5th generation Asscher family member, World Diamond Council President & Co-founder of the Kimberley Process, followed by Q&A Sessions.
Panel Discussion I Details
1:00 PM to 2:00 PM – Panel Discussion I: Invigorating the Diamond Industry – Enhancing Trust & Consumer Demand. Session Moderator: Mr. Sripal Dholakia, Director, Shreekunj AAI Ltd. Panelists include Mr. Devansh Shah, Partner, Venus Jewels; Mr. Manoj Kumar Jha, Managing Director, Kamakhya Jewels; Mr. Nilanjan Sen, Director, B. C. Sen Jewellers; Mr. Rakesh Shah, Partner, Chirag Jewellers; Mr. Amit Soni, Director, KIK Jewells; Ms. Elle Hill, Founder & CEO, Hill & Co. (Virtual Address). Followed by Q&A.
Networking Lunch
Networking Lunch Break: 2:00 PM to 3:00 PM.
Honouring Industry Contributors
3:00 PM to 3:30 PM – The Indian Chamber of Commerce will be honouring the ‘Diamonds of Kolkata’ for their outstanding contribution to the Gem and Jewellery Industry through a Felicitation Ceremony.
Panel Discussion II Details
3:30 PM to 4:30 PM – Panel Discussion II: Standardization on Diamond Grading. Session Moderators: Mr. Vinod Bamalwa, Chairman, and Mr. Suvankar Sen, Co-Chairman, ICC National Expert Committee on Jewellery & Lifestyle. Panelists include Mr. Jayant Kulkarni, Director – Market Development, GIA India Laboratory Private Limited; Mr. Chirag Soni, Co-Founder & Director, SGL LABS; Mr. Gaurav S. Issar, Managing Director, IDT Gemological Laboratories Worldwide Private Limited; Mr. Yogesh Suryawanshi, Laboratory Manager, HRD Antwerp; Mr. Hitindra Misttry, Head of Jewellery Lab and Operations, International Gemological Institute. Followed by Q&A.
Conference Conclusion
End of Conference at 4:30 PM.
Focused Topics Covered
Focused topics include global economic trends and the domestic economic resilience and the efforts of the Government of India to encourage the stakeholders and protect their interest; invigorating the diamond industry – enhancing trust & consumer demand; and standardization on diamond grading.
Tentative Nature of Agenda
*Tentative Agenda; Speakers & Topics are subject to confirmation.
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