The Gem & Jewellery Export Promotion Council (GJEPC) held the India Silver & Fashion Jewellery Buyer-Seller Meet (BSM) in Jaipur, Rajasthan, from June 12th-14th. The event included an open meeting day between invited buyers and exhibitors.
Over 20 silver jewellery manufacturing companies showcased their manufacturing skills to 39 international buyers consisting of silver jewellery wholesalers, retailers, traders and chain stores from the targeted regions, namely, Algeria, Australia, Egypt, England, Ireland, Jordan, UAE, USA, Spain, Kuwait and Thailand.
The event was inaugurated by GJEPC chairman Pramod Agrawal, regional chairman Nirmal Bardiya, and silver panel convener Ram Babu Gupta along with international buyers and exhibitors from India.
Speaking at the inauguration, Agrawal said, “The BSM has been organised with an objective to meet the current business needs of the silver jewellery industry and to further establish and strengthen new business opportunities and promote business globally. The three-day business matching programme will be an ideal opportunity to showcase India’s strength and capabilities in manufacturing silver jewellery, which is in demand due to its exclusivity and craftsmanship, whether it’s machine-made or handmade.
“Made in India silver jewellery has gradually made a mark in international markets with remarkably good designs, bold use of diamonds and coloured gemstones, thereby adding more value addition. I am sure buyers saw a range of innovative and trendy jewellery as per their needs and requirements.”
India’s gross exports of silver jewellery for the period April 2018 to March 2019 were $837.81 million.
According to the Council, the event was an opportunity for the buyers to understand the Indian silver sector better for their sourcing needs, including the supply chain, business practices and culture. “I am sure the buyers and sellers made the most out of this platform to further establish and strengthen new sourcing relationships and promote business globally,” added Agrawal.