A delegation from the Meerut Bullion Traders Association (MBTA) met Kirit Bhansali, Chairman, GJEPC, and Sabyasachi Ray, Executive Director, GJEPC, on the sidelines of IIJS Bharat Signature 2026 at the Jio World Convention Centre (JWCC), Mumbai, on 11th January 2026, to advance discussions on setting up a Jewellery Park in Meerut.
The delegation included Vijay Anand Agarwal, General Secretary, MBTA; Pradeep Agarwal, President, MBTA; Sandeep Agarwal, Vice President, MBTA; and Deepak Johri, General Secretary, National Institute of Jewellery Technology (NIJT), Meerut. Building on earlier engagements with GJEPC, the association outlined Meerut’s scale as a major bullion and jewellery cluster, supporting an estimated 30,000 artisans and over 5,000 jewellers, wholesalers and allied businesses, largely operating in the unorganised sector.
During the meeting, the association reiterated the need for a structured Jewellery Park to help the cluster transition towards organised manufacturing, modern machinery and compliance-driven growth. The delegation noted that the Meerut Development Authority has identified and reserved around 36,000 square metres of land for the proposed park, though pricing and policy approvals remain key challenges.
The delegation highlighted Meerut’s strategic advantages, including its location within the NCR, proximity to Delhi, access to rapid transport links, and a strong existing tax base. They cited significant GST contributions from the local jewellery trade as evidence of the cluster’s economic weight and growth potential.
GJEPC leadership advised a structured approach, emphasising the importance of an updated feasibility study and a robust Detailed Project Report (DPR) backed by credible agencies. Bhansali and Ray shared insights from the development of Jewellery Parks in Maharashtra, underlining how data-driven planning and coordinated engagement with state governments can accelerate approvals and execution.
The meeting concluded with an understanding that GJEPC would guide the association on next steps, including technical inputs, documentation and engagement frameworks, to strengthen the proposal before it is taken up with the Uttar Pradesh government. The association also sought GJEPC’s support in skill development initiatives for Meerut’s artisan base and greater regional representation at upcoming GJEPC-led trade shows.