3rd India SAARC ME BSM concludes!
Update 2: In an effort to develop new trust and understanding at a cultural, business & professional level and to explore future business opportunities, GJEPC organised the 3rd edition of India SAARC-Middle East (ME) Buyer-Seller Meet (BSM) during the 29th April & up to 1st May, 2018 at Hyderabad.
The product profile for the BSM remained a Plain Gold & Diamond Studded jewellery & Precious stone studded jewellery. GJEPC Chairman, Pramod Agrawal said, “GJEPC has always endeavoured to promote trade from India to showcase their best potential in the category they represent, be it Diamonds, Gemstones or Jewellery. India SAARC ME BSM is one such initiative in that direction where we have invited potential international buyers from across the world.
GJEPC has constantly promoted the Indian gems and jewellery worldwide through its several initiatives, and today it is a dynamic US Dollar 42 billion industry. We have always created an ecosystem favorable for the growth of this industry as per the changing business scenario.”
About 92 international buyers visited from 15 countries that includes Algeria, Bahrain, Bangladesh, Iran, Jordan, KSA, Kuwait, Lebanon, Malaysia, Oman, Singapore, Sri Lanka, UAE, UK & USA. They visited the dome that had accommodated about 50 exhibitors from various cities in India such as Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Rajkot, Surat et al.
GJEPC Vice-Chairman Colin Shah said, “India has today, mastered the art of Diamond processing and Jewellery Making over generations, nurturing the skill through ages, making it a shining example of “Make in India”. Plain and studded Jewellery Exports from India has been on a growth path for over the last decade with total exports recorded at USD 9 billion in the last fiscal, witnessing a growth of 11%. GJEPC is the apex body of trade in India and represents many verticals such as Diamonds, Gold Jewellery, Silver Jewellery, Coloured Gemstones, Pearls, Synthetic Stones, Costume and Fashion Jewellery. The association is committed to promote exports across all verticals.”
The India SAARC ME BSM remained a blend of a BSM format and of an open exhibition. Pre-fixed One-2-One meeting of approximately 30 minutes was scheduled between the buyer and seller on the first 2 days. While open exhibition managed on the 3rd day of the event.
