Gems And Jewellery: "The UAE imports a total of USD 10.48 billion worth of jewellery from around the world, and a significant portion, approximately 30 per cent is sourced from India," Vipul Shah, the Chairman of Gem and Jewellery Export Promotion Council (GJEPC), has said.
The battle in West Asia in itself would not have worried Indias diamond cutting and polishing units. But it is a blow to an industry already hit by the Russia-Ukraine conflict and falling global demand.
This premier event is set to captivate audiences from October 10th to 12th, 2023, at the Intercontinental Festival City Dubai. A record-breaking 500 buyers from 32 different countries are expected to attend the IGJS show this year
The delegation visited Mumbai and Surat to learn more about the Indian gem and jewellery industry to explore ways of helping it meet G7 sanctions requirements with minimal or no disruption to the sector