By Avi Krawitz www.diamonds.net
India’s Gem & Jewellery Export Promotion Council (GJEPC) kicks off its fifth Indo-China diamond buyer-seller meet in Beijing on Monday as it seeks to further penetrate the Chinese market.
“China is efficient in Jewelry manufacturing and India is leader in diamond manufacturing, hence such focused events are designed to help both countries to come together in the goal to achieve global supremacy in the gem and jewelry sector by complimenting each other’s competencies,” GJEPC spokespersons explained. “This initiative of the GJEPC hopes to fuel exports and facilitate enhanced trade opportunities and business transactions between the two countries.”
The meeting will see 28 Indian companies interact with manufacturers, jewelry wholesalers and retailers in China over three days. The buyer-seller meetings between the two countries have enabled more than 50 Indian diamond manufacturing businesses to establish partnerships with jewelry manufacturers from mainland China since the meetings were first initiated in 2007. GJEPC chairman Rajiv Jain noted that approximately 23 percent of India’s total gem and jewelry exports go to Hong Kong and China.
Participating Indian companies include Ankit Gems, Asian Star Company Ltd, Bhavani Gems, D Navinchandra Gems Pvt. Ltd, H Dipak, Interjewel Pvt Ltd, Jewelex India Pvt Ltd,K P Sanghvi,Kapu Gems, Karp Impex, Ketan Brothers Diamondz Exports, M Suresh Co Pvt Ltd, Padma Gems,R Kantilal & Co,Rare Jewels, Rays Diamonds, Revashanker Gems Ltd.,S Narendra,Sheetal Mfg. Co. Ltd, Shital Diam, Star Rays,Sun Rays,Supergems (India) Pvt. Ltd,Sur Gems, Siddhi Diamonds, Monarch Gems, J B and Brothers Pvt Ltd, Kama-Schachter Jewellery Pvt Ltd.
