ShowBuzz
India-GCC jewellery design collaboration kicks off in Mumbai ahead of SAJEX 2025
GJEPC hosted the inaugural session of the Exporter and GCC Designers’ Workshop at the Bharat Ratnam Mega CFC, SEEPZ in Mumbai on 17th July.
The event marks a key milestone in the lead-up to SAJEX (Saudi Arabia Jewellery Exposition), GJEPC’s first-ever show in Saudi Arabia, scheduled from 11th to 13th September 2025 at the Jeddah Superdome.
The workshop was inaugurated by Milan Chokshi, Co-convener PMBD, and Sabyasachi Ray, Executive Director, GJEPC, along with distinguished designers and industry stakeholders. A special welcome was extended to Ms. Mahima Varma and. Tarun Jain, Founders of the World Academy of Design, Dubai, who partnered with the Council to bring six leading GCC-based designers to collaborate with Indian manufacturers.

Delivering the keynote address, Sabyasachi Ray expressed his optimism about the initiative: “This design workshop marks a crucial step in deepening India’s engagement with the fast-evolving Saudi jewellery market. With Saudi’s jewellery imports expected to grow from $4.5 billion to $8.5 billion by 2030, this is a timely initiative. The collaboration between Indian manufacturers and GCC-based designers will help create region-specific collections that reflect Saudi sensibilities while showcasing India’s manufacturing strength. SAJEX 2025 is not just an India show; it’s envisioned as a world jewellery show, and this workshop lays the foundation for its long-term success. This is a young, affluent, and globally minded audience looking for style and substance — and India is perfectly poised to meet that demand.”
Adding to the sentiment, Milan Chokshi highlighted the broader design evolution taking place. “This initiative has the potential to spark something truly exciting in design. Indian jewellery design has evolved from referencing catalogues to creating original, contemporary pieces rooted in Indian heritage but made for the world. Today, as the Middle East undergoes its own transformation, this is a chance for GCC designers to draw from their own cultural identity and collaborate with Indian manufacturers to build something unique and globally relevant. The future belongs to original design — and this is where it begins.”

with this initiative, GJEPC is laying the groundwork for stronger ties between India and the Gulf. By bringing together design talent from both regions, the workshop is encouraging fresh ideas, meaningful partnerships, and jewellery that resonates with today’s global consumer. It’s a step towards building collections that not only reflect local tastes but also stand out on the international stage — just in time for the Council’s much-anticipated debut in Saudi Arabia with SAJEX 2025.
National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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