Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature
The Art of Jewellery|January 2024
Maharashtra's Industries Minister Uday Samant urges GJEPC to develop indigenous gem & jewellery industry in rural India
Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature

Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon.

For the first time ever, the New Year's first top-of-the-line design centric jewellery trade show IIJS Signature (India International Jewellery Show Signature) along with the India Gem & Jewellery Machinery Expo (IGJME) is being held at two venues in Mumbai: Bombay Exhibition Centre, NESCO, Goregaon (5-8 January)and JIO World Convention Centre, BKC (4-7 January).

Dr. Devendra Fadnavis was accompanied by Uday Samant, Minister of Industries, Govt. of Maharashtra at the inauguration ceremony in the presence of Reshma Lakhani, Director General, DGEP; Paul Rowley, Executive Vice President, De Beers; Sunil Nayak, CEO, Reliance Jewels; Vipul Shah Chairman, GJEPC; Kirit Bhansali, Vice Chairman, GJEPC; Nirav Bhansali (Convener, National Exhibitions, GJEPC); Sabyasachi Ray (ED, GJEPC), along with the doyens of international & Indian diamond, gem & jewellery sector.

While speaking at the IIJS Signature, Dr. Fadnavis said, "Prime Minister Narendra Modi ji has set a target of USD 75 bn for gem & jewellery exports by 2030. This will be possible with the pivotal role played by the apex body GJEPC, which has instrumental in making India one of the biggest international players in the global gems & jewellery industry.

This story is from the January 2024 edition of The Art of Jewellery.

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This story is from the January 2024 edition of The Art of Jewellery.

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