MUMBAI, Jan 4 (The CONNECT) – Jewellery design should become the country’s next big export.
Stating this, Union Commerce Minister Piyush Goyal said the young, talented and skilled workforce and help the country merge fashion and jewellery into an unbeatable and desirable combination.
“The emphasis has to be on making India the design destination of the world for fashion and jewellery,” he said after inaugurating the 16th Gem & Jewellery Export Promotion Council (GJEPC).
The fashion+jewellery combination can make India a coveted and preferred wedding destination for the world, Goyal observed.
For the first time ever, the top-of-the-line design centric jewellery trade show along with the India Gem & Jewellery Machinery Expo (IGJME) is being held at two venues in Mumbai: JIO World Convention Centre, BKC (4-7 January) & Bombay Exhibition Centre, NESCO, Goregaon (5-8 January).
This expansion aims to offer exhibitors and visitors more space, fostering a relaxed environment conducive to productive business interactions.
Goyal said, “Under Prime Minister Narendra Modi’s guidance India can become the global epicentre of the gem and jewellery industry with a holistic ecosystem encompassing all diverse constituents and elements.”
Massive investments are being made to create a world-class infrastructure including the 20-acre India Jewellery Park in Navi Mumbai and a common facility centre in SEEPZ Mumbai with most modern machinery and equipment. The infrastructure impetus can empower MSMEs in the gem & jewellery industry to build global competitiveness and expand their business in a very modern and efficient environment, he said.
Vipul Shah, Chairman, GJEPC, said, the Indian gem & jewellery industry shares Prime Minister’s dream of becoming a USD 5 trillion economy by 2030 and the number one nation by 2047.
Nirav Bhansali, Convener-National Exhibitions, GJEPC, said, ” As the first show of the year, IIJS Signature plays a crucial role in gauging demand from both domestic and global buyers. It also offers vital insights into the trends in different markets as per the buying behaviours. These insights, particularly at the year’s outset, prove invaluable for manufacturers. The dual-venue expansion is intended to provide exhibitors and visitors with additional space, creating a conducive and spacious atmosphere for productive business interactions.”
