This year’s JCK Las Vegas show has 38 Indian firms in the India Pavilion organised by the Gem & Jewellery Export Promotion Council (GJEPC). With an across-the-board participation of loose-diamond, coloured gemstone and jewellery manufacturing firms, the pavilion, which is in its 15th edition, is spread across 63 booths.
GJEPC Chairman Pramod Agrawal said, “India’s exports to the US accounted for a staggering $8.9 billion in 2017. In fact, around 16 percent of the gem and jewellery imports into the US are from India. The JCK Las Vegas show is an important platform for India to further strengthen its network and improve its exports to the US. It is also an opportunity for Indian exporters to understand the trends in the market, enabling them to come back every year with wide varieties of products for the buyers in the US.”
India’s gem and jewellery industry recorded $42 billion in exports in calendar 2017, with cut and polished diamonds accounting for $23.1 billion of the total, gold jewellery $8.7 billion and coloured gemstones $421.7 million.