The Thai Department of International Trade Promotion (DITP) and the Gem and Jewelry Institute of Thailand (GIT) conducted a Roadshow in Jaipur for the 68th Bangkok Gems & Jewelry Fair to be held from 6-10 September 2023 in Bangkok. The event was followed with an exclusive fashion show with models displaying an array of Thailand’s jewellery to the visitors.
The fair’s timing in September aligns seamlessly with the festive season. Supported by the Thai government, international exhibitors, buyers & importers can enjoy special privileges including complimentary accommodation, transportation, VIP lounge access, and discounts at renowned department stores in Thailand.
India has been a key market for Thailand’s gems and jewellery exports, especially the silver jewellery. India has also been the top visiting country for the Bangkok fair for many years, both in terms of footfalls and trade volumes. The fair is an important trade platform especially for Indian exhibitors. For an Indian buyer or importer, the fair acts as a ready-made platform to access the latest range of designs of gems and jewellery uniquely created by Thailand.
The 68th Bangkok Gems and Jewelry Fair, which will be held at Queen Sirikit National Convention Center (QSNCC), Bangkok, Thailand will display more than 1,100 exhibitors in 2,400 booths. More than 15,000 visitors & 3,000 million baht of revenue is expected from this edition.
Sitthichai Parinyanusorn, Deputy Director (Business), GIT, highlighted Thailand as having a long and rich history of gems and jewellery craftsmanship. In 2022, the Thai gem and jewellery industry generated over $15 billion in revenue and an increase of 49.82% from the same period of 2021. And the industry is expected to grow by 5% in 2023.
Saithong Soiphet, Director of Thai Trade Center, New Delhi, emphasised that India stands as a pivotal market for Thailand’s gem and jewellery exports, particularly valued at over $1,000 million (excluding gold).