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SAJEX 2025: Opening new horizons in Saudi Arabia’s jewellery market

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The inaugural Saudi Arabia Jewellery Exposition (SAJEX) organised by GJEPC at the Jeddah Superdome marked more than just another trade show—it represented a watershed moment in India-Saudi relations and the birth of what promises to become a landmark event for the global gems and jewellery industry.

From 11th to 13th September 2025, over 100 exhibitors across 200 booths showcased the finest in jewellery craftsmanship, while more than 1,500 unique international trade buyers explored opportunities in a market set to nearly double to US$8.34 billion by 2030.

The timing couldn’t have been better. With India-Saudi total bilateral trade touching US$42 billion in FY 2024-25, and India’s gem and jewellery exports to the Kingdom rising 45% to US$151.5 million, SAJEX arrived as both a celebration of existing ties and a catalyst for future growth. The 55% jump to $129.31 million in studded gold jewellery exports alone signals the appetite Saudi consumers have for Indian craftsmanship.

Kirit bhansali

Kirit Bhansali, Chairman, GJEPC, noted, “SAJEX represents a significant step towards deepening India-Saudi collaboration, creating new opportunities for trade, innovation, and industry leadership.” The success of this inaugural edition has laid the foundation for what promises to be a transformative partnership between two nations with complementary strengths and shared aspirations.

Her Royal Highness Princess Nourah Al-Faisal – Designer, Entrepreneur, and Industry Leader, noted, “I’m especially delighted to be with our partners from India, who have stood by me in business for over 30 years—we are truly fortunate to have you. It makes perfect sense to build an ecosystem closer to home that fosters creativity and collaboration. Our youth are incredibly talented, dedicated, and full of potential, but they need the right support—educational, industrial, and more—to unlock it. India’s deep expertise and experience in this industry make it the ideal partner to help us build that infrastructure. Together, we can create new opportunities, open pathways, and empower a new generation of designers to achieve their dreams.”

SAJEX 2025 highlighted the immense potential of the Saudi jewellery market, which spans mass to luxury segments, creating opportunities for Indian manufacturers across the spectrum. While high customs duties and VAT remain challenges, Saudi Arabia’s Vision 2030 reforms and structured government engagement are paving the way for smoother trade.

The exhibition underscored the role of technology in shaping retail, manufacturing, and consumer experiences, with younger Saudis seeking seamless online-to-offline integration. Joint manufacturing ventures emerged as a key opportunity, positioning Saudi Arabia as both a consumption hub and a future production base for the GCC and MENA regions.

Panel discussions, moderated by CNBC-TV18’s Manisha Gupta, reinforced synergies between Saudi’s natural resources and India’s expertise. Together, Vision 2030 and India@2047 point toward a collaborative future.

For Indian jewellers, the message was clear: act decisively now to capture a share of Saudi’s projected US$8–10 billion jewellery market by 2030.

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JB Insights

SILVER SHOW OF INDIA: A Revolutionary Platform Empowering India’s Silver Manufacturing and Retail Ecosystem

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Historically, India’s silver jewellery manufacturers operated on the periphery of the major trade exhibition circuit. Despite their rich craftsmanship, they lacked a dedicated, high-profile national stage. To bridge this gap, GES India Incorporated launched the Silver Show of India (SSI) in June 2022. Designed as a structured response to a long-standing industry demand, SSI has rapidly evolved from a foundational spark into one of the country’s most consequential specialized jewellery trade exhibitions.

 From Regional Roots to a Pan-India Powerhouse

The trajectory of SSI reflects a story of deliberate, strategic scaling:

  • The Bangalore Beginnings : The inaugural show drew 74 participants, a number that nearly doubled to 133 by the second edition in December 2022, signaling growing trade acceptance.
  • The Mumbai Strategic Pivot : Moving the exhibition to the premium Jio World Convention Centre in Mumbai was a deliberate move to elevate silver to the same status as fine gold and diamond jewellery. The June 2023 edition validated this choice, drawing 173 companies, 435 stalls, and a record 10,800 trade visitors, transforming SSI into a truly pan-India platform.
  • SSI Mumbai 4th  Edition at JWCC features over 495 exhibiting companies across 1400 stalls, spanning 150,000 sq ft.

 Institutional Backing and Strategic Alliances

SSI’s industry credibility is heavily reinforced by partnerships with premier trade bodies. The IBJA  has been a steadfast national partner in elevating the Mumbai show’s stature. Crucially, SSI has secured the formal alignment of major trade associations from Agra , Rajkot and major silver hubs—bringing invaluable community networks, authenticity, and trade clout to the platform.

Extensive Marketing and Global Footprint

The organizers executed an aggressive, door-to-door outreach campaign encompassing over 500 districts across India, targeting markets frequently overlooked by larger trade bodies. This is supported by deep digital engagement across LinkedIn, WhatsApp, and specialized trade networks. Internationally, the show is drawing buyers from Nepal, Malaysia, Thailand, and the USA. To cater to a premium audience, the organizers have integrated a curated buyer-engagement model, hosting buyers with 1,000 room nights at luxury hotels like Sofitel and Trident.

Market Impact and Future Outlook

The success of SSI correlates directly with a measurable revitalization of the silver sector:

  • Logistics partners report a massive 300% increase in the volume of silver goods transported over the past two years.
  • Corporate retail groups are actively expanding their dedicated silver floor space, with a Southeast-based corporate establishing exclusive silver showrooms.
  • High-end designs typically reserved for gold and diamonds are increasingly being reinterpreted in silver.

Looking ahead, SSI is implementing a robust three-city architecture: Mumbai will anchor the pan-India edition, Bangalore will serve the South Indian market, and a new Delhi edition will capture the North Indian market.

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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.

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