The Gem & Jewellery Export Promotion Council (GJEPC) organised the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication among diamantaires and promoting the Make in India diamond business globally. The India Diamond Week further envisages establishing and strengthening the business ties of Indian gems and jewellery exporters with buyers from countries across the world.
The India Diamond Week in Mumbai witnessed participation from 87 prominent buyers including those from Australia, China, Egypt, France, Greece, Hong Kong, Israel, Italy, Lebanon, Russia, the Netherlands, New Zealand, Russia, Saudi Arabia, Sweden, Taiwan, Thailand, the UK, Ukraine, the USA and Uzbekistan among others. The first two days had pre-fixed oneon-one meetings of 30 minutes between the buyer and seller, and the third day was an open exhibition.
Nineteen leading Indian diamantaires showcased their capabilities through various offerings in terms of polished diamond shapes, sizes and cuts. The invited global buyers dealt directly with Indian suppliers to reduce cost of transactions and boost bilateral trade between global importers and Indian exporters.
GJEPC chairman Pramod Kumar Agrawal said, “I take this opportunity to thank international buyers and indigenous manufacturers whose participation have made this show a successful one. Focused Buyer-Seller meets during the India Diamond Week will further promote business ties especially at a time when global trade dynamics are changing and evolving due to multiple factors. Every buyer is taking advantage of this unique platform offered by the GJEPC so that they can concentrate on existing and new customers across the spectrum. India’s expertise and experience can ensure that its exporters can deliver any size, any shape, any quality, anytime, anywhere in the world. All this is made possible by our enterprise, business acumen and massive scale of operations.”