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GJEPC leadership meets Hon’ble Finance Minister to discuss industry growth and key issues

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The leadership of the GJEPC met with the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, to discuss pressing issues and the way forward for the gem and jewellery industry. Kirit Bhansali, Chairman, GJEPC, and  Shaunak Parekh, Vice Chairman, GJEPC, along with  Sabyasachi Ray, Executive Director, GJEPC, engaged in a courtesy meeting with the Hon’ble Minister, highlighting key challenges faced by the industry.

The discussions focused on the inclusion of India Jewellery Park, Mumbai in the harmonised infrastructure list to accelerate industry growth. The leadership also extended an invitation to the Hon’ble Minister to visit the Indian Institute of Gems & Jewellery (IIGJ) Udupi, showcasing the industry’s commitment to skill development and employment generation.

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Kirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026

Kirit Bhansali Joins IAGES Board, Bringing Extensive Leadership Experience To Strengthen The Sector’s Growth Vision

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Kirit A. Bhansali, Chairman, GJPEC is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond manufacturing company based in Mumbai. With his extensive experience in the field, he has played a significant role in promoting and developing the Indian gem and jewellery industry. He is a Committee Member of the Bharat Diamond Bourse (BDB).

In the past, he has also served as the Chairman of the Indian Institute of Gems and Jewellery (IIGJ). Apart from his business activities, Bhansali is actively involved in various socio-political and educational initiatives. Through his leadership and vision, Bhansali has contributed significantly to the growth and development of the Indian diamond and jewellery industry.

His vast industry experience, deep understanding of the sector, and visionary leadership will further strengthen and drive the mission and objectives of IAGES forward. IAGES warmly welcomes Bhansali on its Board of Directors and looks forward to his valuable guidance and contribution towards the growth of the association and the industry at large.

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