The Gem and Jewellery Export Promotion Council (GJEPC) has announced that it will organise its first “export-oriented” International Gem & Jewellery Show (e-IGJS) for international buyers online from 18 to 22 January 2021.
The council said that merchandisers representing major and independent retailers, design houses, jewellery manufacturers, importers, exporters and independent retailers will be part of the show.
Some of the key benefits for exhibitors at the upcoming show will include over 6,000 meeting opportunities with “leading” international buyers, as well as a chance to receive meeting requests from buyers.
Additionally, exhibitors will be able to search registered buyers and send meeting requests as well as “priority listing” for exhibitors who book a space early with an option for a three booth package.
The council is expecting buyers from countries like UAE, UK, USA, Algeria, Australia, Sri Lanka, Tanzania, Thailand, Turkey as well as many others.
The e-IGJS said it will see participation from over 200 exhibitors, who will be showcasing a variety of jewellery, loose diamonds, gemstones and fashion jewellery at the event.
Colin Shah, chairman of GJEPC said, “Looking at the positive developments in global markets, the recovery in retail jewellery demand and the distribution of an effective vaccine, GJEPC felt that the time was right to organise e-IGJS, a show exclusively meant for foreign buyers to source high quality products in a variety of exquisite designs.
“Global markets like the US, Europe, China and other Asian countries are witnessing increasing demand for gems and jewellery. The Thanksgiving Day spending in the US rose by nearly 22% year-over-year to $5.1bn (£3.7bn), hitting a new record, with a 37% jump in online sales in Q3 of FY2021.”
He added: “We are expecting Indian Government to announce a comprehensive e-commerce policy for the gem and jewellery sector which will encompass ease in processes, hassle-free returns, seamless payments, speed of delivery, minimal cost, etc. I am sure this will help in further boosting exports from this sector.”