GJPEC leads Indian participation in Jewellery Arabia 2012
Mumbai, September, 2012 – The Gem and Jewellery Export Promotion Council (GJEPC) is participating in the Jewellery Arabia exhibition in Bahrain from 16 – 20th October 2012, represented by 54 leading names from the Indian gems and jewellery industry.
Spread over 703 sq. m., the Indian Pavilion this year will once again showcase Indian craftsmanship and jewellery collections comprising high-end diamond jewellery, gold and platinum jewellery, and fine jewellery.
Rajiv Jain, Chairman, GJEPC
Also on display will be designer handmade jewellery, high end diamond and bridal jewellery and a few exclusive pieces.
For the Middle Eastern market, Indian participants will focus on jewellery with colour stones, sapphires, emeralds and rubies along with huge solitaire diamonds.
Rajiv Jain, Chairman of the GJEPC, said, “The Middle East accounts for nearly 51 percent of the gem and jewellery trade with India – a phenomenon that continues to grow at a steady pace despite fluctuation in oil prices, escalating gold prices and the sluggishness in the international economic scenario.
“This phenomenon is an encouraging sign that trade relations between the Middle East and India have held for centuries despite downturns and the fact that the world continues to recognize the quality and uniqueness of Indian gems and jewellery products.”
Indian trade with the Middle East continues to grow steadily. Exports to the UAE for 2011 stood at $22.441 billion, of which gold jewellery accounted for over 50 percent of the total export figure.
Imports from the UAE were valued at $15.22 billion in the same period.
Jewellery Arabia gives impetus to the growing trade relations between the two regions.
Jewellery Arabia is the largest jewellery exhibition in the Middle East and since its inception in 1992 has provided international jewellery houses with unrivalled direct access to trade buyers and private collectors from the Middle East.
Jewellery Arabia consistently attracts over 600 exhibitors from 30 nations, whose exhibits range from finished jewellery to luxury time pieces, to precious stones of every size, shape and cut.
Leading names such as BNA enterprises, Diagems, Dialmaz, Livingstones, and Motilal Jewellers will be present in the Indian pavilion.
National pavilions from leading jewellery export countries including Brazil, Greece, Hong Kong, India, Thailand and Turkey will take part in this edition.