Supplier News: Week of Oct. 15

GJEPC’s First-Ever India Silver Jewelry Event Held in New Delhi

The first-ever meeting event for buyers and sellers of Indian silver jewelry was held October 3–5 in New Delhi, as organized by the Gem & Jewellery Export Promotion Council (GJEPC).

The Buyer Seller Meet (BSM) hosted 27 Indian silver jewelry manufacturers and 49 international buyers from 16 countries.

“There is a growing demand for silver jewelry or alternative metal globally,” said GJEPC chairman Pramod Kumar Agrawal, in a press release. “India can capitalize on this, as it has the capability and skills to produce quality silver jewelry matching international standards. The focus of the sector is to garner foreign exchange and increase value addition, thereby generating employment in the sector. We are hopeful that the government would support this sector with trade-friendly policies and, thus, help it to play a bigger role globally.”

With the prices of gold going up, buyers at the event were eager to source more silver jewelry. “It is a fantastic initiative from GJEPC, showcasing the true strengths of jewelry craftsmanship in India,” said Lina Abouhalka, a buyer from Beirut. “The buyer and seller meet is a very promising opportunity to explore fine silver jewelry collections.”

 

Second India Diamond Week to Be Held in Mumbai

The Gem & Jewellery Export Promotion Council (GJEPC) has announced it has organized a second edition of its successful India Diamond Week, to be held in Mumbai October 23–25, at the same time as the World Diamond Council’s annual general meeting (AGM).

“This Diamond Week is distinct, as it would witness key stakeholders of the global diamond trade this year with GJEPC hosting the World Diamond Council’s AGM in Mumbai around the same time,” said GJEPC chairman Pramod Kumar Agrawal, in a press release. “We are overwhelmed with the response in this edition, with over 100 buyers confirmed to visit Mumbai for the Diamond Week from all major key diamond markets of the world.”

Diamond Week is a meeting of buyers and sellers, providing a place to do business face-to-face with people from around the globe, aimed at creating an annual trading platform to promote business globally. The first two days of the event feature pre-appointed meetings, while the third and final day is an open exhibition, no appointments necessary.

For more information on both events, visit gjepc.org.

 

Top: Attendees at the GJEPC’s Buyer Seller Meet held last week in New Delhi