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Grand unveiling of GJIIF 2025 in Chennai

Formal inauguration by Pramod Agarwal Derewala

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Gem & Jewellery India International Fair (GJIIF) 2025 was unveiled at Chennai Trade Centre, Chennai. The show was formally inaugurated by Chief Guest Shri. Pramod Agarwal ‘Derewala’, Chairman- Derewala Industries and Chairman- National Gems & Jewellery Council of India in the presence of Jayantilal Challani,  President, The Jewellers And Diamond Traders Association – Madras.

Present at the inauguration were distinguished guests: Sabarinath, President, Tamil Nadu Jewellers Federation, Santha Kumar, Secretary, MJDTA, Yogesh, Treasurer MJDTA, Ravindran, Secretary, TNJF, Manoharan, Treasurer, TNJF, Shantilal, State Chief, Andhra Association, Chetan Kumar Mehta, President, Jewellers Association, Bengaluru, Surendran, AKGSMA.

Distinguished overseas Visitor Partners from Malaysia present were Datuk Abdul Rasull Bin Abdul Razak, President, Malaysia Indian Goldsmith and Jewellers Association, Dato Wira Louis Ng, President, Malaysia Gold Association. Also present was Wan Ahmad Tarmizi, Trade Consul, Malaysian Consulate -Trade Section. Representing United Exhibitions were VK Manoj, Project Director, United Exhibitions, Mohandas, CEO, United Exhibitions

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National News

GJEPC, IFSCA and IIBX Hold Webinar On Gold and Silver Supply Mechanism For Exporters

International Spot Prices Also Strengthened: Spot Gold Climbed Above $4,200/oz

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GJEPC, in collaboration with the International Financial Services Centres Authority (IFSCA) and India International Bullion Exchange (IIBX), organized a webinar on 19 June to explain the newly liberalized framework that enables GJEPC Registration-cum-Membership Certificate (RCMC) holders to access gold and silver directly through IIBX for export purposes. More than 200 industry participants attended the session.

Delivering the special address, Ramakrishnan Padmanabhan, General Manager, IFSCA, spoke about the regulator’s efforts to broaden access to bullion imports and strengthen India’s bullion ecosystem.

Initiative is expected to improve access to precious metals for export manufacturing and provide a major boost to exporters, particularly MSMEs.

The technical session was led by Ashok Kumar Gautam, Managing Director & Chief Executive Officer, India International Bullion Exchange (IIBX). Officials from IFSCA and IIBX presented the operational framework of IIBX, detailing onboarding procedures, trading and settlement mechanisms, depository systems, vault infrastructure and customs processes. Participants were informed that eligible GJEPC RCMC holders can import gold and silver duty-free for export purposes under the prescribed customs framework.

 K.K. Duggal, Senior Director – Policy, GJEPC, highlighted the significance of the recent regulatory change that recognizes all GJEPC RCMC holders as Qualified Jewellers on the IIBX platform.

The webinar concluded with an interactive question-and-answer session, during which queries from participants were addressed by officials from GJEPC, IFSCA and IIBX. Exporters were encouraged to onboard as Qualified Jewellers and leverage the IIBX ecosystem for transparent, efficient and globally competitive bullion sourcing.

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