28 Jan 2023
DiamondWorld Directory
Home |
GJEPC plans developing newer markets
It is looking at opportunities in China, Russia and Middle East
By: Diamond World News Service
Jan 6 2010 12:03PM
Reference: 4508  


The Gems and Jewellery Export Promotion Council (GJEPC) is considering building business opportunities for the Indian gem and jewellery industry, in new markets like China, Middle East and Russia. The Council has sent two delegates to China and expects the India-China jewellery sale contribution to the world to increase from the present 15 percent to 30 percent within five years.

India’s total gems and jewellery exports from the period April to November valued at $17 billion, and the Council is hopeful the figure would rise and so would sale of diamond and diamond jewellery, reports add. GJEPC had established the Anant diamond jewellery campaign, to promote single-line diamond jewellery in the country, which it is keen on taking to the Middle-East markets in some time. The campaign would be a strong platform for the Council to establish India’s mark in the global gem and jewellery market.

Post the economic slowdown, the U.S. market which accounts for 50 percent of the global jewellery sales, offers a lesser attractive market today, but opportunities seem to be rising in the new emerging markets.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32385
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10044
GJEPC Chairman Interview
Views: 28477
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39932
Promo for IJ Awards 2012 at NDTV Profit
Views: 57518
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69127
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22153
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51325
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53633
Member of:
Supporter of: