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GJEPC Seeks New Markets As India Gemstone Week Kicks Off In Jaipur

The India Gemstone Week organised by the Gem & Jewellery Export Promotion Council (GJEPC) got under way in Jaipur on Thursday. The event has 30 coloured gemstone manufacturers from Jaipur showcasing their product to 75 buyers from 19 countries.

GJEPC Chairman Pramod Agarwal commented, “India has been one of the finest cutting centres for coloured gemstones. This industry has been here for more than 300 years now and currently involves 300,000 people directly. India exported $421.73 million in coloured gemstones in 2018 and the GJEPC is constantly working to boost exports by exploring new markets.”

He added, “We are also further developing this sector by providing better infrastructure, upgrading skill and creating opportunities to meet international buyers through platforms like India Gemstone Week.”

He went on to say, “To sustain rough supply for manufacturing, the GJEPC organises buyer-seller meets with mining companies from around the world. Our efforts are to create further employment in the sector and improve its contribution to the economy.”   

GJEPC Convener for International Exhibitions Dilip Shah said, “Today, India is the preferred sourcing destination for quality gems and jewellery. The industry has always followed ethical business practices and exporters here undertake business lawfully adhering to all norms and practices, prescribed very diligently.

The first two days of the event will feature one-on-one buyer-seller meetings, while the third day will see an open exhibition.

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