ShowBuzz
GJEPC targets Saudi Arabia, a $1.1 tn economy to expand gems & jewellery exports
Successfully launches SAJEX – The Saudi Arabia Jewellery Exposition
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition through two curtain-raiser events in Jeddah on 6th July and Riyadh on 8th July 2025. The twin events witnessed an overwhelming response from over 280 key Saudi stakeholders — including top retailers, wholesalers, and manufacturers.
SAJEX 2025 will take place from 11th to 13th September 2025 at the iconic Jeddah Superdome
As part of its ongoing efforts to diversify export markets and explore untapped opportunities, GJEPC is unlocking the growing potential of Saudi Arabia — the Gulf’s largest economy, with a GDP of USD 1.1 trillion. With its jewellery market projected to nearly double from USD 4.56 billion in 2024 to USD 8.34 billion by 2030, Saudi Arabia is fast emerging as a key destination for contemporary and luxury jewellery. A young, urban population and a dynamic retail environment are driving demand for 18K and 21K plain gold, diamond-studded jewellery, and premium design-led products. Against this backdrop, SAJEX becomes an important strategic step to strengthen India-Saudi Arabia ties and expand India’s jewellery footprint in the Middle East and beyond.
.
SAJEX, positioned as “The World Gem and Jewellery Fair,” marks the beginning of a long-term partnership between India and Saudi Arabia in the jewellery sector. India, as the global hub for jewellery manufacturing, will proudly showcase its exceptional craftsmanship, cutting-edge design, and manufacturing expertise at this platform which will feature over 200 leading exhibitors across 250+ booths from India, Saudi Arabia, UAE, Turkey, Hong Kong, and Lebanon. The event will witness over 2,000 international buyers, and the product showcase will span diamond and coloured gemstone-studded jewellery, 18kt, 21kt, and 22kt plain gold jewellery, platinum jewellery, lab-grown diamond jewellery, in both pret and bridal, gifting collections, along with cutting-edge jewellery technology.
What makes SAJEX truly unique is its long-term vision — to foster enduring partnerships between international manufacturers and Saudi retailers through a focused B2B platform tailored to the Kingdom’s evolving market. At the heart of this effort is the World Jewellery Investment Forum, co-hosted by GJEPC and the Ministry of Investment of Saudi Arabia. This high-level forum will bring together government leaders, global brands, investors, and industry experts to explore strategic opportunities across the jewellery value chain — positioning Saudi Arabia as a future hub for jewellery design, innovation, and investment.
SAJEX curtain raiser at Jeddah was graced by Mr. Fahad Ahmed Khan Suri, Consul General of India in Jeddah; Eng. Raed Ibrahim Almudaiheem, First Vice Chairman, Jeddah Chamber of Commerce; and Mr. Sheikh Ali Batarfi Al Kindi, President, Jeddah Jewellery Association, along with the GJEPC leadership team.
The Riyadh event witnessed the presence of His Excellency Dr. Suhel Ajaz Khan, Ambassador of India to the Kingdom of Saudi Arabia; His Excellency Mr. Ajlan Saad Alajlan, Second Vice Chairman, Riyadh Chamber; Mr. Faleh G. Almutairi, Director of International Relations with Asian Countries; and Ms. Manusmriti, Counsellor (Economic & Commerce), joined by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Nirav Bhansali, Convener – National Exhibitions; and Mr. Sabyasachi Ray, Executive Director, GJEPC.
Speaking about this new GJEPC initiative, Dr Suhel Ajaz Khan, Ambassador of India to the Kingdom of Saudi Arabia said, “India and Saudi Arabia share a strategic and deep-rooted relationship, and SAJEX reflects this evolving bond. It’s not only a celebration of India’s design excellence but also a gateway to deeper commercial cooperation in the luxury segment. This initiative opens new avenues for bilateral partnerships, drives cultural exchange through craftsmanship, and contributes meaningfully to Saudi Arabia’s Vision 2030 goals. It is heartening to see such focused efforts towards strengthening economic ties in high-value sectors like jewellery.”
Mr. Fahad Ahmed Khan Suri, Consul General of India in Jeddah said, “SAJEX 2025 is more than just an exhibition — it is a symbol of the growing partnership between India and Saudi Arabia. With India’s legacy of jewellery craftsmanship and Saudi Arabia’s rising global influence in luxury retail, this platform sets the stage for a vibrant and collaborative jewellery ecosystem. The Consulate is proud to support this initiative that not only deepens bilateral trade but also showcases the power of cultural and commercial synergy.”
Kirit Bhansali, Chairman, GJEPC, said, “Amidst a dynamic global trade environment, SAJEX is a proactive step towards expanding India’s jewellery exports to high-potential markets like Saudi Arabia. The Kingdom, with its evolving luxury retail ecosystem, young consumers, and strong appetite for design-led gold and diamond jewellery, presents an exciting frontier for Indian manufacturers. SAJEX marks the beginning of a shared journey between India and Saudi Arabia — positioning the two nations as a formidable force. With India as a leading global supplier of gems and jewellery, exporting USD 32 billion annually, and Saudi Arabia’s jewellery market projected to nearly double to USD 8.34 billion by 2030, this partnership is set to reshape the industry and set new benchmarks for collaboration, innovation, and growth across the region and beyond.”
SAJEX 2025 Highlights:
- Date & Venue: 11th to 13th September 2025, Jeddah Superdome
- Participants: Over 200 leading exhibitors across 250+ booths
- Representation: Saudi Arabia, India, UAE, Turkey, Hong Kong, Lebanon
- Buyers: More than 2,000 international trade buyers expected
- Product Range: Diamond and coloured gemstone-studded jewellery, 18kt, 21kt, and 22kt plain gold jewellery, platinum jewellery, lab-grown diamond jewellery, in both pret and bridal, gifting collections, and jewellery technology
- Features: Knowledge Talks, Design Atelier, Curated Networking, Strategic Tie-ups, World Jewellery Investment Forum
SAJEX is expected to be a game-changer — not just as a trade platform, but as a catalyst for transforming the Kingdom’s gem and jewellery industry through global collaboration, innovation, and investment.
ShowBuzz
230+ International Buyers Visit IGJS Jaipur 2026 Amid Evolving Global Geopolitical Scenario
Strong Global Turnout Reinforces India’s Position As A Trusted Sourcing Hub Despite Ongoing Trade Uncertainties
The International Gem & Jewellery Show (IGJS) Jaipur 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof.
Recognised as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination for the global gem and jewellery trade.
This edition of IGJS Jaipur features 85 companies across 110 booths, with participation from over 230 international buyers representing 30 countries, including the USA, UK, Europe, Latin America, Oceania, MENA, Russia, and the CIS region.
The show was inaugurated by Sanjay Gupta, Chief Commissioner of Customs, Customs Preventive, New Delhi, in the presence of distinguished dignitaries, including R. K. Chandan, Commissioner of Customs, Jaipur; Shaunak Parikh, Vice Chairman, GJEPC; Yogendra Garg, Regional Chairman (Rajasthan), GJEPC; Vijay Mangukiya, Convener – International Exhibitions, GJEPC; and Sabyasachi Ray, Executive Director, GJEPC.
Speaking on the occasion, Sanjay Gupta, Chief Commissioner of Customs, Customs Preventive, New Delhi, said,
“I am happy to see that GJEPC is playing a pivotal role in strengthening Brand India on the global stage. Platforms like IGJS not only showcase the depth of India’s manufacturing capabilities but also build confidence among international buyers. As Customs, our commitment is clear—we will continue to facilitate trade, simplify processes, and support the industry in its growth journey.”
R. K. Chandan, Commissioner of Customs, Jaipur, Said, “Customs is not only a regulator—we are also facilitators of trade. Our focus is on enabling ease of doing business and supporting the growth of the industry. We appreciate GJEPC’s efforts in organising IGJS, which brings global buyers and Indian manufacturers together on a strong platform.”
Speaking on the occasion, Shaunak Parikh, Vice Chairman, GJEPC, Said:
“At a time when the global trade environment is impacted by geopolitical uncertainties, the strong participation of over 230 international buyers reflects the continued trust in India as a reliable sourcing partner. IGJS is a focused platform that brings together the strength of Indian manufacturing and the confidence of global buyers, helping build resilient supply chains and long-term business relationships.”
Highlighting Jaipur’s importance, Yogendra Garg, Regional Chairman (Rajasthan), GJEPC, said,
“Jaipur offers a unique and integrated ecosystem for the gem and jewellery industry—from sourcing and manufacturing to certification and trade—all within close proximity. IGJS Jaipur reflects this strength and presents an opportunity for global buyers to engage deeply with India’s capabilities.”
Simon Benney, CEO & Owner, House of Benney and Royal Warrant holder as Goldsmith to His Majesty King Charles, said:
“Bringing the industry together under the India-UK FTA framework, with zero tariffs, creates a clear advantage for both sides. It removes a key cost barrier and encourages wider participation across manufacturers, cutters and polishers. What stands out here is the exceptional level of Indian craftsmanship, particularly the precision in settings, the quality of finishing, and the high standard of enamel work. The attention to detail is consistently strong, even on close inspection. Overall, highly impressive and a strong signal for increased bilateral trade in jewellery.”
Esmarie Du Plooy of Eco Chic Jewellery, South Africa, said:
“India offers far more than expected. I’ve discovered designers experimenting with new materials, metals and surface finishes, and creating fastening mechanisms that feel original and fresh. There is strong potential to collaborate, combining my design approach with Indian craftsmanship to develop something distinctive. I am particularly interested in sourcing gemstones and working with partners here. My design philosophy centres on merging old and new, upcycling heirloom pieces with contemporary elements to create something meaningful and unique.”
In FY 2024–25, India’s gem and jewellery sector remained a key contributor to the economy, with exports of $28.7 billion, accounting for nearly 7% of India’s merchandise exports.
IGJS Jaipur offers international buyers a comprehensive sourcing platform across categories, including diamond and studded jewellery, gold, silver, coloured gemstones, and lab-grown diamonds – enabling direct interaction with India’s leading manufacturers.
At a time when global trade is navigating shifts in supply chains and consumer demand, IGJS provides a reliable and efficient platform to build partnerships and explore new opportunities.
Beyond flagship initiatives like IGJS, GJEPC continues to drive India’s global outreach through a wide spectrum of domestic and international platforms. The Council hosts its marquee IIJS exhibitions – IIJS Premiere, IIJS Signature, and IIJS Tritiya – which are among the largest jewellery shows in the world, attracting buyers from across key global markets. Internationally, GJEPC actively promotes Indian manufacturers through India Pavilions at leading trade shows such as JCK Las Vegas, Vicenzaoro, and major exhibitions across Hong Kong and the Middle East, while also organising focused Buyer-Seller Meets (BSMs) in emerging and high-potential markets. Strategic initiatives like IJEX in Dubai provide a year-round sourcing platform for global buyers, while new ventures such as SAJEX in Saudi Arabia are opening fresh opportunities in the rapidly growing Middle East region. Through these sustained efforts, GJEPC continues to expand market access, strengthen trade relationships, and position India as a trusted global hub for gem and jewellery sourcing.
De Beers Unveils ‘Love From Dad’ Collection with Intimate Second-Piercing Diamond Designs
Raj Diamonds Launches Akshaya Tritiya Campaign Spotlighting “Ruby Splendour” and “Ancient Splendour”
WGC India Gold Market Update April 2026: The Indian Gold Market In Early 2026 Was Characterized By A Resilient Recovery
Akshaya Tritiya Sparkle: 5 Diamond Investment Pieces To Buy From Golubhai Badalia Diamond
Shringar House of Mangalsutra Unveils 3,000+ Designs, Targets Emerging Markets Ahead of Akshaya Tritiya
De Beers Unveils ‘Love From Dad’ Collection with Intimate Second-Piercing Diamond Designs
-
National News2 days agoAkshaya Tritiya Sparkle: 5 Diamond Investment Pieces To Buy From Golubhai Badalia Diamond
-
National News5 days agoShringar House of Mangalsutra Unveils 3,000+ Designs, Targets Emerging Markets Ahead of Akshaya Tritiya
-
National News2 days agoDe Beers Unveils ‘Love From Dad’ Collection with Intimate Second-Piercing Diamond Designs
-
National News2 days agoAshth Jewellery Celebrates Akshaya Tritiya With A Modern and Conscious Approach
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.