GJ Town India

  India-KSA Market Set to Nearly Double to USD 8.34 Billion by 2030   The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery [GJ] exhibition in the Kingdom of Saudi Arabia [KSA], was inaugurated at the iconic Jeddah Superdome.   Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate General of India in Jeddah, the Ministry of Investment, Saudi Arabia, the exposition marks a new chapter in bilateral trade and cultural exchange between India and Saudi Arabia.   The show is being held from 11th to 13th September 2025. The show is Powered by IGI and further supported by Jeddah Chamber, Makkah Chamber, The Jeddah Jewellery Association, Dubai Jewellery Group, and Gold Centre, with Arabian Horizon as the official destination management company.    The inaugura...

  India’s major export destination countries are in the state of uncertainty!   According to the recently released India’s exports & Imports Statement, overall gross exports of Gems & Jewellery (GJ) stood at US$ 1986.21 million (Rs.16763.130 crores) in the month of November 2024 is showing a decline of 12.94% (-11.8% in Rs. term) as compared to US$ 2281.4 million (Rs. 19005.46 crores) for the same period previous year.   The overall gross imports of Gems & Jewellery reached at US$ 1364.14 million (Rs. 11512.21 crores) in month of November 2024 is showing a growth of 35.0% (36.75% in Rs. term) as compared to US$ 1010.47 million (Rs. 8418.38 crores) for the same period previous year. For the period of April 2024 to November 2024, India’s overall gross exports of Gems & Jewellery registered at US$ 18720.29 million (Rs.156781.31 crores) is showing a decline of 9.52% (-8.32% in Rs term) as compared to US$ 20688.95 million (Rs. 171016.64 crores) for the ...