National News
Exploring new horizons at SAJEX 2025
The Indian gem and jewellery industry is gearing up for SAJEX 2025 being held by GJEPC at the Jeddah Superdome in Saudi Arabia, a high-potential market with deep cultural ties to gold and diamond jewellery.
The Saudi Arabia Jewellery Expo (SAJEX) 2025, organised by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to be a landmark event for Indian jewellery manufacturers looking to tap into the lucrative and largely untapped Saudi Arabian market. With a focus on strengthening trade relations between India and Saudi Arabia, SAJEX offers a unique platform for exhibitors to showcase their craftsmanship, connect with global buyers, and explore a market brimming with potential. Industry leaders share their insights on why SAJEX is a golden opportunity for growth and diversification.
Saudi Arabia stands out as a promising market in the Middle Eastern region, characterised by a high per capita income and a deep cultural affinity for gold and diamond jewellery.
Nirav Bhansali, Convener – National Exhibitions, GJEPC and CEO of exhibiting firm Prism Jewellery, describes the Saudi Arabia market as a “gold mine”. He observed that local wholesalers hold massive inventories—some up to 500 kilos—but only a small fraction of 22-karat gold comes from India. The majority, primarily 21-karat, is sourced from Turkey or produced locally. Bhansali sees immense potential for Indian manufacturers to capture this market by adapting to local design preferences, predicting that a focused effort over the next few years could yield significant returns.
National News
GJEPC Conducts Intensive Training for Customs Officials in Kolkata to Strengthen Gem & Jewellery Appraisal
Four-day programme enhances officers’ expertise in gemstone identification, metal purity testing, and valuation to support smoother export operations.
The Gem & Jewellery Export Promotion Council (GJEPC) Kolkata Regional Office successfully conducted a four-day Gold Appraiser and Valuer Training Programme from 1st to 4th December 2025 at the Kolkata Customs Air Cargo Commissionerate. The initiative aimed to enhance the technical capabilities of customs officers involved in handling gems, precious stones, gold, and jewellery shipments.
Led by Koushik SV, Head of Skill Development, GJEPC, the sessions covered critical areas including gemstone and diamond identification, precious metal purity testing using XRF technology, and essential assaying and valuation methodologies. The training was designed to equip officers with practical, hands-on skills to ensure accurate assessment and faster clearances.
Pankaj Parekh, Regional Chairman – East, GJEPC, emphasised that efficient export facilitation depends on knowledgeable and well-trained customs officers. He noted that capacity-building programmes like this significantly contribute to the industry’s ease of doing business.
The programme concluded with a certificate distribution ceremony graced by Chief Guest R. Srinivasa Naik, IRS, Chief Commissioner of Customs, and Guest of Honour Shri Shivaji Dange, IRS, Principal Commissioner of Customs (Airport & ACC). Joint Commissioner Shilpi Srivastava and senior officials were also present. In his remarks, Srinivasa Naik commended GJEPC for organising the initiative and encouraged more such training efforts to enhance operational efficiency at the cargo shed.
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