The International Gem and Jewellery Show (IGJS) is being held in Dubai from October 8 to 10.
The main objective of IGJS 2024 is to provide exporters with various opportunities to collaborate with buyers in the international market. The exhibition in Dubai features gold, gold-set jewellery, diamonds and precious stones. IGJS 2024 will feature 420 exhibitors and is expected to attract over 12,000 visitors.
The Gem and Jewellery Export Promotion Council (GJEPC) of India expects IGJS to boost exports to the United Arab Emirates (UAE) by 20% during the year. 30 leading Indian jewellery manufacturers have arrived in Dubai.
According to Vice Chairman Kirit Bhansali, “IGJS Dubai has become a cornerstone event for the region, strengthened by the India-UAE CEPA agreement, which has opened doors to deeper partnerships and new growth opportunities.” “In 2023, India’s jewellery exports to the UAE reached USD 8 billion, with plain gold jewellery exports surging by 102% and studded jewellery by 25%,” he said. “We are also witnessing rising demand from key Middle Eastern markets such as Saudi Arabia, Bahrain, Kuwait, and Oman. IGJS Dubai has played a pivotal role in fulfilling the evolving needs of these markets.”
To boost exports to the UAE, GJEPC has set up the India Jewellery Exhibition (IJEX) in Dubai, a dedicated B2B platform that enables GJEPC members to source orders from UAE buyers all year round.
Meanwhile, the global gem and jewellery industry is currently facing challenges due to declining demand in key consumer markets such as the US and China.
Hélène Tarin, Editor-in-Chief of the Asian Bureau, Rough&Polished
