Piyush Goyal inaugurates the IJEX Centre in Dubai
IJEX,
a Global Business Touch point to source Indian jewellery in Dubai
GJEPC, the apex body of the gem & jewellery trade in India, unveiled the first of its kind The India Jewellery Exposition (IJEX) centre in Dubai. IJEX is a Global Business Touch point especially for GJEPC members to connect with international buyers.
The centre was inaugurated by Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India Piyush Goyal along with Dr Aman Puri, Consul General of India, Dubai; Dr Srikar Reddy, Joint Secretary (WANA) DOC; Colin Shah, Chairman, GJEPC; Lachlan Gyde, Executive Director, Ithra; Vipul Shah, Vice Chairman, GJEPC; Sabyasachi Ray, ED, GJEPC amongst others.
IJEX
is a one-stop destination for the world to source Indian jewellery in Dubai.
The platform will enable GJEPC members to display goods and book orders
throughout the year. The 365-day exhibition will promote specific categories of,
Made in India gems & jewellery, divided into four seasons, each lasting
three months.
On this occasion, GJEPC signed an agreement with Ithra, Dubai, a body under the Ministry of Economy of UAE who has built the New Gold Souk as the extension of existing Gold Souk in Deira, Dubai. IJEX based in Ithra, will house IJEX in Dubai which in future will be an anchor to expand the market to GCC countries.
Congratulating
GJEPC for establishing its first international office in Dubai, Piyush Goyal in
his address said, “IJEX 2022 will probably be the first serious engagement
between UAE and India after the signing of the CEPA, which will be coming into
force on 1st May.
I
am sure that this Centre will play an important role in helping us meet
ambitious targets for the trade relations between UAE and India. The Indian
Government is actively promoting Brand India, and the gem and jewellery is one
of our main focus sectors in our engagement of expanded global outreach.”
Expressing confidence in the Indian gem & jewellery sector, Piyush Goyal further added, “India has the potential to become the global gem and jewellery champion. It should tap new markets, develop incisive marketing tools & create irresistible, contemporary designs for the world market that will help in promoting Brand India.
The Indian gem and jewellery sector can easily achieve the 100 billion target. You have the, will do-spirit and passion. I wish IJEX a huge success and I am sure this will be window for the finest Indian jewellers to the UAE and the world.”
Colin
Shah said, “IJEX by GJEPC is a one-stop destination for the world to source
Indian jewellery in Dubai. This India jewellery enclave now in Dubai will be
the window to the country’s best jewellers and offer a glimpse of India’s
varied manufacturing capabilities. The timely conclusion of the UAE-India CEPA
in the run-up to the IJEX launch, is expected to push India’s gold jewellery
exports to UAE to $10 billion.”
Vipul Shah said “Indian Gem & Jewellery sector will be benefitted the most from the India-UAE CEPA, and this new initiative by GJEPC – IJEX in Dubai will be an ideal launch pad for Indian wholesalers and manufacturers to connect with foreign buyers.
The partnership will also enable Indian independent and chain-store retailers to export jewellery directly to UAE-based consumers.”
Dr Aman Puri, Consul General of India to Dubai said, “Many congratulations to the GJEPC for the launch of their first international centre in Dubai.
Extremely happy that UAE and India are at an inflection point with the joint collaboration and we expect the exports to double in the coming months. Going forward, we will be able to capaitalise on the opportunities that have opened up.”
Lachlan Gyde, Executive Director, Ithra said, “On behalf of Ithra, we take pleasure in welcoming GJEPC to the City of Gold. It’s the Council’s first international office and we look forward to a successful collaboration. The success of this new extended precinct will help traders and industry and community at large.
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