The Gem and Jewellery Export Promotion Council of India (GJEPC) organised the Gem and Jewellery Buyer Seller Meet (BSM) at ITC Grand Maratha, Andheri, Mumbai, on September 29th and 30th, 2023.
This event is specifically designed to cater to international buyers from the US, the UAE, Egypt, Germany, Lebanon, Panama and Saudi Arabia, constituting a total of 30 buyers.
The Indian gem and jewellery manufacturers showcased an extensive array of offerings, which encompassed finished diamond jewellery and loose diamonds among other products.
The BSM hosted a diverse group, including top marquis, large chain retailers, wholesalers, importers, top designers, distributors, and retail jewelers from around the world. This event showcased a comprehensive view of the Indian jewellery industry, covering both the production and supply side, as well as consumer retail business.
Vipul Shah, Chairman of GJEPC, expressing his gratitude to global buyers visiting the BSM, said, "Your presence at this event signifies your confidence in the resilience of our industry. It reinforces our steadfast belief in the prospect of brighter days that lie ahead. The gem and jewellery industry has encountered its fair share of difficulties in recent times, primarily due to decreased demand caused by global economic downturns and geopolitical instability. Nevertheless, we are dedicated to enhancing exports by exploring new markets and hosting such events that allow us to engage with buyers, gaining insights into their current preferences and trends in gems and jewellery in their markets."
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
