Green Street jewellers to co-host London dinner with India’s GJEPC
March 11, 2010 – British Asian retail jewellers from Green Street in east London will co-host a dinner with India’s Gem & Jewellery Export Promotion Council (GJEPC) on Saturday March 13 to strengthen ties between the two jewellery groups.Some 18 retail jewellers from Green Street have been invited to the event at an Indian restaurant in north London, where Bakul Mehta, Convener of the GJEPC and event director of India’s IIJS trade show, will be the keynote speaker.
“I am very excited that the GJEPC and the Green Street Jewellers’ Association (GSJA) are hosting this event to strengthen trade relations,” said Vijay Lodhia, Treasurer of the GSJA. “We share the same values.”
The GJEPC promotes the Indian gem and jewellery sector abroad. The GSJA is working to brand Green Street as a retail jewellery hub in the London borough of Newham before the 2012 London Olympics, which will take place a short distance from the jewellery quarter.
P.D. Tailor, spokesman for the GJEPC in London, said he hoped that the Green Street jewellers’ group would develop long-term ties with the GJEPC.
“The business opportunities are there. We are looking for a long term relationship with Green Street,” Tailor said.
Green Street jewellers obtain many of their finished manufactured jewellery pieces and gemstones from India, where most of the world’s diamonds are processed.
Mehta will speak about India’s strength as a source of manufactured jewels and gemstones; and he will discuss the IIJS 2010, which took place in Goa in February.
The initiative by Green Street jewellers to brand themselves as a retail hub before the 2012 London Olympics, will create new opportunities for the Indian jewellery sector to boost exports coinciding with a leading sporting event which will attract thousands of people from around the world.
The GSJA will play an active role to raise the profile of Green Street during London Jewellery Week, which will showcase the industry’s skills during a series of events to be held from June 7-13, 2010.
Green Street accounts for about one percent of total UK retail jewellery turnover, Green Street jewellers say.