(PRESS RELEASE) JAIPUR — The apex body of the gem and jewelry industry in India, GJEPC hosted the 3rd edition of International Gem & Jewellery Show (IGJS) in Jaipur. The event, powered by Gemfields, was held from 12th to 14th April at Novotel Jaipur Convention Centre, Jaipur.
IGJS Jaipur is a curated event, showcasing the best of Indian craftsmanship, featuring over 54 jewelry manufacturers and exporters presenting an array of Diamonds, Loose Gemstones, Gemstone & Diamond Studded Jewelry, and Silver Jewelry.
IGJS 2024 witnessed 250 international buyers from 27 countries, spanning Algeria, Argentina, Australia, Brazil, Canada, Egypt, Greece, Iran, Italy, Jordan, Kazakhstan, Kenya, Lebanon, Mexico, Russian Federation, Saudi Arabia, South Africa, Spain, Switzerland, Thailand, Turkey, UAE, Ukraine, United Kingdom, USA, and Uzbekistan.
Vipul Shah, chairman, GJEPC said, “India’s gem and jewellery industry holds a prominent position as a global leader, with substantial contributions to the world market. Our annual exports amounting to USD 40 billion underscore our strength and expertise in this sector, supporting employment for over 5 million individuals. We remain steadfast in nurturing robust international trade relationships between India and global markets. This commitment is demonstrated through initiatives such as IGJS Shows and by actively enabling opportunities for our exporters through participation in international events.”
Shah further added, “GJEPC is actively working with the government to facilitate favorable policies in FTAs for the sector. We have already witnessed the positive impact of the India-UAE CEPA, and we anticipate similar advantages for the industry in the forthcoming FTAs with GCC, Canada, UK, and EU.”
Shri Nilesh Kothari, convener, International Exhibitions, GJEPC said, “IGJS Jaipur, an exclusive show for international buyers is a testament of India’s jewelry manufacturing capability to serve the global market. This format of shows has been highly successful, attracting a tremendous response from buyers all over the world. The Indian gem & jewelry industry has a deep understanding of the international market and is dedicated to serving the needs and preferences of customers around the world. The industry’s commitment to quality and innovation has been a driving force behind its success.”
Heather Mayantis, senior buyer, Reeds Jewelers comments, “The eCommerce trend has exploded among consumers, and while yellow gold remains highly sought-after, gemstones are having a moment!”
Judith Fisher, merchandising officer, Reeds Jewelers said, “Our success is based on partnerships and relationships with vendors and buyers, and when we find that synergy and that kind of perfect marriage, there’s no place to go but up. We are very excited to be here (in India) and happy to connect with vendors; the design and finishing in terms of polishing have exceeded all of our expectations.”
Conceived with the aim of showcasing the best of India to the world, the International Gem & Jewellery Show (IGJS) is held each year in Dubai and Jaipur exclusively for the global audience. The show is a curated gathering of India’s top gem and jewelry manufacturers and exporters. It reinforces GJEPC’s vision to make India the preferred source for world-class gems and jewelry.