National News
Saurabh Gadgil launches JYPL 2025, JYPL Auction at a dazzling evening of celebration and competition
It was an evening of pomp and splendour at The White Resort and Spa Pawna, Lonavala to celebrate the launch of Jewellery Youth Premier League (JYPL) Season 8 and kick off the JYPL Auction. It was made all the more special with an icon of the jewellery industry, Dr. Saurabh Gadgil, CMD, PNG Jewellers, gracing the event with his distinguished presence. His heartfelt address at the launch encouraged and motivated the organizers and participating teams.The JYPL Auction was conducted on par with global sports auctions, providing a large dose of excitement and tension.
JYPL Season 8 will take place from March 5-9, 2025 at Central Railway Ground, Parel, Mumbai. The exciting tournament will see 260 players (all owners representing the jewellery industry) and 300+ companies associated with the industry. Over 2500 attendees are expected to catch all the action.
National News
India’s Consul General To Dubai Visits GJEPC Headquarters
GJEPC briefed CG on the Indian gem and jewellery industry’s scale, global leadership in manufacturing, export outlook and the sector’s roadmap for future growth
Vishnu Vardhan Reddy, Consul General of India to Dubai, visited the GJEPC headquarters in Mumbai on 24th July for an interaction with industry leaders to gain a deeper understanding of the sector and its engagement with the UAE.
The UAE is India’s largest trading partner in gems and jewellery, with bilateral trade reaching US$33.51 billion in FY2025-26.
The Consul General was welcomed by Kirit Bhansali, Chairman, GJEPC, along with Shaunak Parikh, Vice Chairman; Manish Jiwani, Convenor – MSME; Ashish Borda, Convenor – PMBD; Mital Doshi, Convenor – BITC; Bharat Ghori, Co-Convenor – MSME; and Mr. Sabyasachi Ray, Executive Director, GJEPC.
GJEPC briefed Mr. Reddy on the Indian gem and jewellery industry’s scale, global leadership in manufacturing, export outlook and the sector’s roadmap for future growth. Discussions also covered GJEPC’s role in trade promotion, policy advocacy, international exhibitions and infrastructure development to strengthen India’s position as a global jewellery manufacturing and trading hub.
Given Dubai’s strategic importance to the industry, the meeting focused on the India-UAE gem and jewellery trade ecosystem, evolving supply chains, trade and logistics, banking and financing, and opportunities to deepen bilateral cooperation. The delegation also outlined policy initiatives aimed at enhancing India’s competitiveness in global trading and value addition.
Reddy said the visit provided him with valuable insights into the industry’s priorities and challenges, and expressed his willingness to work closely with GJEPC and the trade to strengthen India’s gem and jewellery partnership with Dubai and the wider UAE.
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