(PRESS RELEASE) HONG KONG — India Pavilion, organized by Gem & Jewelry Export Promotion Council (GJEPC) has an impressive presence at the 6th Hong Kong International Diamond, Gem and Pearl show held from 26th February to 2nd March 2019 at AsiaWorld-Expo and at the 35th Hong Kong International Jewelry Show from 28th Feb to 4th March, 2019 at Hong Kong Convention & Exhibition Centre (HKCEC).
India has been adapting and transforming its labor-intensive gem & jewelry industry at a quick pace. And this has been reflected in the quality and wide variety of products that one gets to see at India Pavilion at international shows. At Hong Kong Show, India Pavilion is spread over 1428 square meters with 158 booths with 98 exhibitors. This year India was able to bag a prime location in hall 2 for loose diamonds close to the entrance of the hall. Manufacturers & retailers will be exhibiting a wide range of loose diamonds and gemstones at hall no. 2, 7 and 11 of at Hong Kong International Diamond, Gem and Pearl Show.
Further India Pavilion at Hong Kong Convention & Exhibition Center has been segmented into 3 sections i.e., diamond studded jewelry & mass produced jewelry, gold jewelry & silver jewelry. Hall 2 has a special India product gallery showcasing India’s capabilities in manufacturing world-class jewelry.
Mr. Pramod Kumar Agrawal, chairman, GJEPC said, “Hong Kong is the leading export market for the Indian gems and jewelry. The overall gem & jewelry exports for 2018 accounted for US$ 39461.07 million. Out of which a staggering US $ 11433.10 million export were to Hong Kong; cut and polished diamonds exports accounted for US$ 9825.27 million; gold jewelry at US$ 775.69 million whereas colored gemstones recorded exports worth US$ 215.28 million. The two shows, Hong Kong Diamond, Gem and Pearl Show and Hong Kong International Jewelry Show, have turned out to be a crucial platform to improve our relationship and reach out to new buyers in and around Asia. Every year we make sure to depict our capabilities and skills through the different array of products that cater to different markets.”
India has been upgrading and enhancing its skills by adapting state-of-the-art technologies and tools for jewelry manufacturing and today it caters to any jewelry requirement of the world market.
GJEPC the apex body of the Industry in India, has been putting all its efforts to propagate amongst trade the 17 sustainable development goals of United Nations and have been working towards achieving the same. GJEPC has initiated a group mediclaim scheme for the workers. It has been offering quality education in the field of gem and jewelry by setting up gem and jewelry institutes across the country.
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GJEPC has set up common facility centers where small units and MSMEs can get access to modern machines and tools at affordable prices. Availing these services would definitely enhance the production and quality of products. GJEPC has already set up 4 CFCs in Gujarat and has plans to set up CFCs at all major gem & jewelry clusters across India.
Additionally, the council with the support of Ministry of Commerce & Industry, Govt. of India, will be soon setting up a jewelry park in Mumbai. This dynamic venture will provide effective support to jewelry manufacturers/traders who are interested to expand or invest in India to initiate new business or strengthen their existing business, benchmarking with the jewelry parks created in countries like China. Turkey, Thailand, etc. jewelry park project is estimated to generate direct employment of around 1,00,000 workers.
