Under the MoU, Alrosa and GJEPC will share information about the growth of the Indian and Russian diamond industries, including overviews of the diamond market situation, the Indian and Russian trade figures, and data on Indian diamond market research.
The partnership between Alrosa and GJEPC will improve our cooperation with Indian diamond market.
GJEPC, an autonomous body under the Indian commerce ministry, jointly with the Consulate General of India hosted the event.
The envoy hoped that the Saudi businessmen would harness the opportunity the GJEPC was offering them to attend the event for mutual benefits.
We look forward to hosting buyers and sellers from all across the globe as well as showcasing the finest in diamonds, jewellery and gemstones in collaboration with the GJEPC.
GJEPC is pleased to collaborate with DMCC and we look forward to further strengthen international trading relations here at the GGJF 2014.
That is why we are collaborating with the GJEPC to introduce the inaugural 'Global Gem & Jewellery Fair' to the region and the GCC market.
For years traders and visitors to India have enjoyed the craftsmanship, quality, design and cost efficiency -- now it's time we return the gesture and bring the source to Dubai -- the most promising destination for the gemstones and jewellery trade in recent times," said Pankaj Parekh, vice-chairman, GJEPC.
The Middle East accounts for nearly 51 per cent of the gem and jewellery trade with India," said GJEPC
chairman Rajiv Jain.
For the following three years the GJEPC
would likely allocate around $10 million on diamond jewelry promotion to consumers within India, said Sanjay Kothari, vice chairman of the GJEPC
, during the International Indian Jewellery Show.
Chandrakant Sanghvi, the Regional Chairman of GJEPC
in Surat, said that India took the decision to impose the ban after the global community and various organizations received reports of human rights violations in Zimbabwe.
Summary: The India International Jewellery Show 2013, flagship trade event of the Gem & Jewellery Export Promotion Council, or GJEPC
, will be held from August 8 to 12 at the Bombay Exhibition Centre in Mumbai.