‘Contributing to the vision of a Viksit Bharat’
What initiatives have GJEPC taken to increase exports?
The Indian gem & jewellery market, valued at $85 billion, is poised for rapid growth and projected to reach $130 billion by 2030. GJEPC’s slew of initiatives include organising its inaugural exhibition in Saudi Arabia, which is set to take place in the vibrant city of Jeddah during 11-13 September 2025. This landmark event aims to serve as a gateway for strengthening bilateral trade between India and the GCC region, unlocking unparalleled opportunities for collaboration and growth. This will serve as a gateway to boost bilateral trade between India and the GCC region.
Additionally, in a move to boost gem and jewellery exports via e-commerce, GJEPC signed an MoU with DHL Express, the global leader in international express services, to facilitate the efficient shipping of India-crafted jewellery worldwide. GJEPC has invested Rs150 crore in the global generic promotion of diamonds till date. To strengthen this effort, GJEPC has partnered with De Beers to promote diamonds through Retail Alliance in India, with a formal MoU being signed at a special event on 7 January.
Tell us more about the De Beers collaboration?
De Beers group, the world’s leading diamond company, and GJEPC have announced the commencement of a strategic collaboration to strengthen the natural diamond narrative within the Indian gem & jewellery trade. Titled INDRA (Indian Natural Diamond Retailer Alliance), the collaboration will focus on supporting independent retailers in India, with tools that go beyond the conventional. For example, leveraging Artificial Intelligence to create customised retailer campaigns. From multilingual marketing assets to immersive storytelling and superior customer experiences, as well as in-depth natural diamond jewellery training in local languages, it will support India’s jewellery retailers with the tools they need to make sure that natural diamonds resonate deeply with every consumer.
How was the response to IIJS Signature, the first of 2025?
GJEPC organised the first B2B trade show IIJS Signature 2025, which has grown exponentially, featuring over 1,500 exhibitors across 3,000 stalls, covering 125,000 sq m of exhibition space across two venues – Jio World Convention Centre and Bombay Exhibition Centre (BEC), NESCO, Goregaon, Mumbai. The show is set to welcome 25,000+ trade visitors, including retailers from 800+ Indian cities and over 1,000 international visitors from 60+ countries. Business of about R35,000 crore has been generated.
How are you working with states, such as Maharashtra?
GJEPC and the state government of Maharashtra are collaborating on skill development and certifications to strengthen the future workforce. By integrating skill development with cutting-edge technology, we are not only transforming the Indian gem & jewellery industry but also fostering innovation, sustainability and trust. Our commitment to nurturing talent, advancing infrastructure and promoting transparency ensures that India remains a global leader in this dynamic sector.
What is your outlook for 2025?
On the export front, we remain optimistic about 2025. With American President Donald Trump’s return to the White House, there is hope for renewed stability in the geopolitical landscape, revitalised trade and stronger supply chains, driving global demand for gems & jewellery. However, GJEPC is continuously exploring new markets, while strengthening its presence in existing ones.
What do the Indian jewelers have to offer to the world?
India’s gem & jewellery business has two strengths: for one, it has quality in design & aesthetics; but it also has the smart-tech for jewellery manufacturing, as well as knowledge. The knowledge has to penetrate deeper, so that India can become the ‘knowledge and skill’ hub of the global gem & jewellery trade. With unparalleled capacity, advanced technology, skilled artisans and talented designers, we are prepared to excel on the global stage. Together, we will contribute to the Prime Minister’s vision of a Viksit Bharat.