International jewellers participate in India’s first Buyer-Seller Meet

By

Maverick Martins

Published
Dec 6, 2018

International jewellers from various countries participated in the first jewellery buyer-seller meet organised by the Gem and Jewellery Export Promotion Council (GJEPC) in Kolkata.
 

The initiative was aimed at exploring market potentials in other countries by fostering bilateral investment and trade opportunities.
 
The two-day meet saw leading jewelers from participating countries like Bangladesh, Bahrain, Kuwait, Malaysia, Singapore, UAE, UK, and USA. More than 24 Indian Jewellery manufacturers showcased their jewellery collections at the event.

Commenting on the initiative, Pramod Agrawal, Chairman, GJEPC in a statement said, “In the recent past the Government has taken major steps for ease of doing business, which is helping the industry to grow. GJEPC is organizing this kind of buyer-seller meets at various states, thus giving our MSMEs players a platform where they can interact with international buyers.
 
“We have 24 Indian exhibitors showcasing trendy and latest plain gold crafted jewellery and studded jewellery to 30 international buyers from eight countries - Bangladesh, Bahrain, Kuwait, Malaysia, Singapore, UAE, UK, USA,” he added.
 
With initiatives like these, GJEPC has managed to boost the gold jewellery exports from India which had registered a growth of 11 percent in the financial year 2017-18, as compared to the gold jewellery export in the financial year 2016-17. Currently, India is the fourth largest exporter of gold jewellery in the world.