Indian trade body launches digitised international jewellery show Posted January 20, 2021 | By Arabella Roden ⢠Editor The Gem & Jewellery Export Promotion Council (GJEPC), India’s trade body for the jewellery industry, launched its virtual International Gem & Jewellery Show (e-IGJS) on 18 January.
Featuring 100 exhibitors from across India, the e-IGJS registered more than 500 buyers from 56 countries, including Australia and New Zealand.
“India has been supplying quality gemstones and jewellery over the years, and the pandemic has forced us to remain physically distant but stay connected in unique ways – like this virtual show
Vipul Shah, GJEPC
Described as an “exclusive export-oriented show”, the four-day digital event runs until 22 January and features diamond jewellery, colour gemstone jewellery, gold, silver, and platinum jewellery, and loose gemstones and diamonds.
500+ International buyers from 56 countries participate at the first ever International Gem & Jewellery Show GJEPC organises the first ever export-oriented show exclusively for International Buyers, e-IGJS By: Diamond World News Service
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The Gem & Jewellery Export Promotion Council (GJEPC), in its endeavour to boost export business and to revive the market sentiments post Covid , inaugurated the first ever International Gem & Jewellery Show (e-IGJS) in the presence of Chief Guest
Mr. Hardeep Singh Puri, Hon’ble Minister of State for Commerce and Industry, and Guest of Honour
Mr. Suresh Kumar, Joint Secretary, Ministry of Commerce & Industry, along with
Mr.Colin Shah, Chairman, GJEPC;
Gem, jewellery sector viewed as thrust area for export promotion: Hardeep Singh Puri
At the inaugural ceremony of 5-day e-IGJS (International Gem and Jewellery Show) organised by Gem Jewellery Export Promotion Council (GJEPC), the minister stated that the trade fair at an ideal time as demand for gems and jewellery from all of the major markets is picking up with the rollout of vaccines against COVID-19, which has already started in India. PTI (Image: Reuters)
India’s gems and jewellery sector has been contributing in a big way to the country’s foreign exchange earnings and the government has viewed this sector as a thrust area for export promotion, Minister of State for Commerce and Industry Hardeep Singh Puri said on Monday.
Gems & Jewellery exports in December grows 6.3% to $2.49 billion
However, the overall gross exports of the sector remained down by 39.98 percent to $16.53 billion during April December 2020 period as compared to $27.54 billion during the same period last year, the official said. PTI (Image: Reuters)
The overall gross export of gems and jewellery remains strong and registered a growth of 6.33per cent to $2.49 billion during December 2020 as compared to $2.35 billion in the corresponding month of 2019, a senior GJEPC official said.
In Rupee terms, the sector grew by 9.2 percent in December 2020 to Rs 18,261 crore.
However, the overall gross exports of the sector remained down by 39.98 percent to $16.53 billion during April December 2020 period as compared to $27.54 billion during the same period last year, the official said.