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GJEPC reinforces India’s diamond leadership at ICC Diamond Conclave 2.0
The Indian Chamber of Commerce (ICC) hosted the Diamond Conclave 2.0, themed “India Shining for the Global Stage,” with GJEPC as co-partner.
The conclave, held in Kolkata on 30th August, brought together industry leaders, policymakers, and trade experts to deliberate on the challenges and opportunities shaping the future of India’s gem and jewellery sector.
In his address, Sabyasachi Ray, Executive Director, GJEPC, underscored India’s commanding position in the global diamond value chain. He noted that India processes nearly 90% of the world’s diamonds, making it the undisputed leader in cutting, polishing, and trading. “India is not only the world’s trusted hub for diamonds but is also expanding its influence across the entire gem and jewellery value chain,” Ray stated.
He highlighted GJEPC’s initiatives to strengthen the sector’s competitiveness, including policy advocacy, global trade shows, mega common facility centres, skill development programmes, and the promotion of “Brand India” in key international markets.
Amit Pratihari, Managing Director of De Beers India, underlined the importance of the US as a destination.”The US is the largest market for polished diamonds. They consume almost 50 per cent of the global production. There will be an impact for sure, but I think it’s more short-term.India is the second-largest diamond jewellery market. There are lots of domestic opportunities,” Pratihari said.
Other keynote speakers included Dr. V. Anantha Nageswaran, Chief Economic Adviser, Government of India; and Ms. Vandana Yadav, Principal Secretary, Government of West Bengal, alongside senior leaders from De Beers, Senco Gold, and other companies.
Discussions centred on sustaining India’s global leadership by addressing U.S. tariffs, ensuring ease of doing business, embracing sustainability, and driving technological innovation. The conclave also explored strategies for expanding domestic consumption, strengthening export markets, and building resilience against geopolitical and trade headwinds.
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Nurturing Talent, Showcasing Excellence – Bangkok Gems Leads the Way
From emerging designers to world-class pearls, the fair reinforces its position as a global hub for innovation, craftsmanship, and industry growth.
Meet the New Waves at the New Faces Zone
The New Faces zone at the 73rd Bangkok Gems & Jewelry Fair is a strategic platform empowering SMEs and emerging jewelry entrepreneurs to step confidently onto the global stage. Designed to support small and medium-sized enterprises, the zone features promising Thai brands with fresh perspectives, precious craftsmanship, and export readiness.
Unveiling Creative Talents at Bangkok Gems
Bangkok Gems & Jewelry Fair continues to affirm its role as more than a global trading platform, serving also as a vital center for knowledge exchange and talent development within the gems and jewelry industry. Under the “Creative Jewelry Sandbox” program, four leading Thai universities — Srinakharinwirot University, Silpakorn University, Burapha University, and Chiang Mai University — presented innovative jewelry works created by students and emerging designers.
Pearls Shine with Global Variety
At the 73rd Bangkok Gems & Jewelry Fair, pearls have garnered outstanding feedback from buyers worldwide, reaffirming Bangkok Gems as a premier sourcing destination for fine pearls.This year’s showcase features exceptional pearls from Thailand’s southern waters alongside renowned varieties from Japan, China, and other leading pearl-producing countries. The enthusiastic response from international buyers highlights the continued global demand for pearls — both in classic fine jewelry and contemporary design.
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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.