The Gem & Jewellery Export Promotion Council (GJEPC) hosts largest contingent from India amongst all Country Pavilions at the Hong Kong Jewellery & Gem Fair from 19th -25th Sept, 2011.
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| Ganpati Exports, Gemco Designs |
India today is an economic powerhouse with strong GDP growth, rising disposable incomes, huge aspirational population, and is the 4th largest economy in the World. The Gem & Jewellery is one of the largest contributors to Indian Foreign Exchange earner for the country with a staggering 13% to its credit. One of India’s leading foreign exchange earning sectors has witnessed a considerable growth in the volume of exports which were pegged at US$ 25047.80 million during period Jan-June 2011 as compared to US$ 18668.93 million same period previous year registering 34.17% increase. Today, Indian Gem & Jewellery industry is a power to reckon with across the globe. With GJEPC’s constant & consistent endeavor to promote Indian treasures around the world, Indian manufactures are provided with opportunities to participate at international platforms around the year.
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| Jaipur Emporium International, Mohit diamonds |
The Hong Kong Jewellery & Gem Fair is one of the finest in the industry that caters to the key markets of Asia. Hong Kong is one of the largest buyers of Gem & Jewellery Products from India after USA and Middle East. Participation at this fair is imperative and is key to India’s penetration in Asian market.
GJEPC has taken India’s participation a step forward by increasing participants with the India Pavilion being held in 2 locations, Hong Kong Convention & Exhibition Centre (HKCEC) at Hall 5F for Finished Jewellery & at Asia World Expo (AWE) at Hall7 for Loose Diamonds & Hall10 for Loose Gemstones thereby resulting in highest representation by Indian jewelers.
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| Patdiam Jewellery, Shri Arihant Mangal Expo |
“While the US still remains a large diamond jewellery consuming centre, there can be no doubt that India and China & HK are the centers of the future for the diamond industry on all fronts – be it manufacturing, trading or consuming. Already Hong Kong is a significant partner for India. In 2008-09, India’s highest exports of polished diamonds were to Hong Kong. In coming years I hope that this relationship between our countries strengthens and develops further through this platform.” said Mr. Rajiv Jain, Chairman, GJEPC speaking about the show.
The two eastern giants are a formidable force, in every way, whether in sheer numbers of population, of skills, as developing economies and as markets. Through this platform, GJEPC looks at unfolding of the future in which the two great nations will take centre stage.
