The Gem & Jewellery Export Promotion Council (GJEPC) has unveiled the first of its kind India Jewellery Exposition (IJEX) centre in Dubai.
IJEX is a Global Business Touchpoint especially for GJEPC members to connect with international buyers.
The centre was inaugurated by India’s Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal along with Dr. Aman Puri, Consul General of India, Dubai; Dr. Srikar Reddy, Joint Secretary (WANA) DOC; Mr. Colin Shah, Chairman, GJEPC; Mr. Lachlan Gyde, Executive Director, Ithara; Mr. Vipul Shah, Vice Chairman, GJEPC; Sabyasachi Ray, ED, GJEPC amongst others.
IJEX is a one-stop destination for the world to source Indian jewellery in Dubai. The platform will enable GJEPC members to display goods and book orders throughout the year. The 365-day exhibition will promote specific categories of ‘Made in India’ gems & jewellery, divided into four seasons, each lasting three months.
On this occasion, GJEPC signed an agreement with ITHRA, Dubai, a body under the Ministry of Economy of the UAE which has built the New Gold Souk as the extension of the existing Gold Souk in Deira, Dubai. IJEX based in ITHRA, will house IJEX in Dubai which will be an anchor to expand the market to GCC countries.
Congratulating GJEPC for establishing its first international office in Dubai, Piyush Goyal said, “IJEX 2022 will probably be the first serious engagement between the UAE and India after the signing of the CEPA, which will be coming into force on 1st May.
“I am sure that this Centre will play an important role in helping us meet ambitious targets for the trade relations between the UAE and India. The Indian Government is actively promoting Brand India, and the gem and jewellery is one of our main focus sectors in our engagement of expanded global outreach.”
Expressing confidence in the Indian gem and jewellery sector, Piyush Goyal added, “India has the potential to become the global gem and jewellery champion. It should tap new markets, develop incisive marketing tools, create irresistible, contemporary designs for the world market that will help in promoting Brand India. The Indian gem and jewellery sector can easily achieve the 100 billion target. You have the “will do” spirit and passion. I wish IJEX a huge success and I am sure this will be window for the finest Indian jewellers to the UAE and the world.”
Colin Shah, Chairman, GJEPC said, “IJEX by GJEPC is a one-stop destination for the world to source Indian jewellery in Dubai. This India jewellery enclave now in Dubai will be the window to the country’s best jewellers and offer a glimpse of India’s varied manufacturing capabilities. The timely conclusion of the UAE-India CEPA in the run-up to the IJEX launch, is expected to push India’s gold jewellery exports to UAE to $10 billion.”