The first edition of the India Gemstone Week, an initiative of the Gem & Jewellery Export Promotion Council (GJEPC) that is a combination of a buyer-seller meet and an open exhibition, was inaugurated in Jaipur on Sunday by Indian Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution C.R. Chaudhary.
The three-day event, which features scheduled one-on-one meetings for the first two days and an open exhibition on the third, has 36 Indian gemstone manufacturers and over 89 international buyers from 22 countries including Algeria, Armenia, China, Egypt, Germany, Italy, Jordan, Kazakhstan, Lebanon, Qatar, Russia, Saudi Arabia, Spain, Taiwan, UAE, UK, and Uzbekistan, participating.
The Minister observed, “I am happy to add that this industry is helping the economy in terms of employment and skill development initiative by providing over two lakh (200,000) jobs, in line with the Prime Minister’s emphasis on skill development.”
GJEPC Chairman Pramod Agarwal noted, “The GJEPC has always endeavoured to create avenues that help promote trade from India and showcase the country’s potential in diamonds, gemstones and jewellery.” He added, “Coloured gemstone exports today stand at around $420 million and India’s gem and jewellery industry overall employs five million people. The GJEPC is constantly working towards delivering on the honourable Prime Minister’s vision of creating greater employment.”