India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing its 7th Virtual Buyer Seller Meeting (VBSM) for Diamond studded Jewellery, being held from 17th to 19th March 2021. This will be followed by a Loose Diamond VBSM (to be held from 24th – 26th March 2021) and later by a Platinum Jewellery VBSM.
The Diamond Studded Jewellery VBSM has 13 diamond jewellery manufacturers from India and 29 international buyers from the USA, UK, Saudi Arabia, Lebanon and Algeria.
Suresh Kumar, Joint Secretary, MoC&I, Govt. of India, said, “The Virtual Buyer-Seller Meeting format has been very successful during this pandemic. This initiative has unlocked opportunities by reaching out to buyers, from not only the traditionally strong export markets like the USA, UK, Europe, ME and Hong Kong/China, but also non-traditional ones such as Latin America, Eastern Europe, and many more.”
Colin Shah, Chairman, GJEPC, said, “The demand for diamond jewellery over Christmas, Chinese New Year and Valentine’s Day was better than expected. And I believe the upward trend will get further traction in the coming months as there is an easing in the Covid crisis.”