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From Golconda to Mumbai: The Changing Geography of Fine Jewellery

By Martina Casandra · 06 August 2026
From Golconda to Mumbai: The Changing Geography of Fine Jewellery

In 1665, Jean-Baptiste Tavernier, the French gem merchant, returned from India with the 112-carat French Blue diamond. That stone, cut from a Golconda mine, was the stuff of legend. Three and a half centuries later, the relationship between European jewellers and India endures, though the routes have changed. Today, the Jio World Convention Centre in Mumbai hosts the 42nd IIJS Bharat Premiere, and the talk is no longer of single stones but of trade agreements, tax reforms and the quiet reassembly of the world's jewellery map.

Why This Year's Fair Matters Beyond Mumbai

For those of us who make fine jewellery, India's ascent as a sourcing hub is not an abstract headline. The diamonds and sapphires we set in our workshop often begin their journey as rough stones sent to Surat or Mumbai for cutting. The gold we work bears the influence of techniques refined over centuries in Indian workshops. When the industry gathers at IIJS Premiere, it is a reminder that every polished stone, every carefully closed claw, carries a supply chain as intricate as the jewellery itself.

The new free trade agreements and tax reforms discussed at IIJS Bharat Premiere are not merely bureaucratic footnotes. They change how easily we can bring in stones that have been cut ethically and competitively. For a house like ours, that means shorter lead times, better traceability and the chance to work with gemstones whose provenance we can confidently share with our clients. It also means Indian manufacturers can respond more nimbly to Western tastes, whether that be understated bridal jewellery or architectural, contemporary pieces.

The Ripple Effect on Your Jewellery Box

When India has stronger market access, the effects reach all the way to our own showcase. The price of a fine emerald, the availability of a particular cut of diamond, even the craftsmanship behind a hand-forged gold band – all are touched by the decisions made in Mumbai's convention halls. Global demand is shifting, too. Buyers increasingly want evidence of origin, proof of fair wages, and designs that feel personal. India, with its deep reserves of skill and its willingness to modernise, is well placed to meet that demand.

Perhaps Tavernier would not recognise the technology, but he would recognise the impulse: to travel to the source, to understand the stone, and to bring something of the exotic back to an eager audience. Our jewellery is still that journey, albeit compressed into something you can hold in your hand. The IIJS Bharat Premiere may be a trade fair, but for us it is also a reminder that the oldest trade routes are never truly old; they simply find new ways to shine. So the next time you admire a diamond's fire, consider the distance it has travelled – and the hands that made its journey possible.

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