(PRESS RELEASE) MUMBAI — GJEPC will hold its first export-oriented show only for international buyers: the International Gem & Jewellery Show (e-IGJS), which will be offered in a virtual format. The show is scheduled for Jan. 18-22.
Colin Shah, chairman of GJEPC, said, “Looking at the positive developments in global markets, the recovery in retail jewelry demand and the distribution of an effective vaccine, GJEPC felt that the time was right to organise e-IGJS, a show exclusively meant for foreign buyers to source high quality products in a variety of exquisite designs. Global markets like the US, Europe, China and other Asian countries are witnessing increasing demand for gems and jewelry. The Thanksgiving Day spending in the US rose by nearly 22% year-over-year to $5.1 billion, hitting a new record, with a 37% jump in online sales in Q3 of FY2021.
“We are expecting Indian Government to announce a comprehensive e-commerce policy for the gem and jewelry sector which will encompass ease in processes, hassle-free returns, seamless payments, speed of delivery, minimal cost, etc. I am sure this will help in further boosting exports from this sector.”
Vipul Shah, vice chairman, GJEPC, said, “GJEPC’s virtual trading platforms have been redefining the way we do business. And the best part is, the industry has adapted quickly to this convenient and time-saving method of analysing and comparing products without having to travel. By offering an enhanced customer experience, e-IGJS will bring together all Indian gem and jewelry exporters on a single platform to showcase their skills and capabilities in manufacturing top quality gems and jewelry, catering to different markets.”
Dilip Shah, convener, International Exhibition, GJEPC, said, “GJEPC’s product-specific Buyer Seller Meet has been a successful format where Indian manufacturers connected with international buyers during this pandemic. By organising e-IGJS, we have created a larger platform for our manufacturers where they will get to meet around 600+ international buyers consisting of wholesalers, retailers, importers and exporters from all sectors of the jewelry industry worldwide.”
Merchandisers representing major and independent retailers, design houses, jewelry manufacturers sourcing diamonds and gemstones, importers, exporters and independent retailers will be part of the show.
Buyers are expected from countries such as Algeria, Australia, Bahrain, Bangladesh, Canada, China, CIS, Egypt, Indonesia, Iran, Japan, Jordan, Kenya, Korea, Kurdistan, Kuwait, Latin America, Lebanon, Malaysia, Morocco, Myanmar, Nepal, New Zealand, Nigeria, Oman, Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, Sri Lanka, Tanzania, Thailand, Turkey, UAE, UK /Europe, the U.S. and Vietnam.
The e-IGJS will see participation from over 200 exhibitors.