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GDGJE Returned from a Rewarding Purchasing Journey to India

2017-08-30 Source:GuangDong Gems & Jade Exchange

The 34th India International Jewellery Show (IIJS) – one of the biggest jewellery exhibitions in the world – was held in Mumbai on July 27-30. At the cordial invitation of The Gem & Jewellery Export Promotion Council of India (GJEPC), the event organizer, member enterprises from both Guangdong Gems & Jade Exchange(GDGJE) and Guangzhou Diamond Exchange (GZDE) jointly formed a delegation to embark on the purchasing journey to India, which opened a new chapter for the development and cooperation of the gemstone and diamond industries in both China and India.

This purchasing journey to India gathered buyers with strong purchasing powers from Guangzhou, Shenzhen, Shanghai, Hong Kong and Taiwan, including GDGJE Comprehensive Trading Members, as well as the participation and support of representatives from business associations including Shanghai Jewelry Design Association, Hong Kong Jewellery & Jade Manufacturers Association, and Hong Kong Gemstone Manufacturers’ Association. 
Taking the opportunity of last year’s India International Jewellery Show, GDGJE signed a Memorandum of Understanding with GJEPC on the site and devoted itself to pushing forward and serving the exchange of the diamond industries in both countries.
GJEPC created the first overseas Chinese delegation, attached great importance to members enterprises from Two Exchanges with great support and considerate services. Meanwhile, GDGJE also provided member enterprises with an innovative service package of full process support, including traveling, visits to the exhibition, procurement, translation and other such services. It created sound conditions for strengthening international business exchange, expanding channels of diamond purchasing and so on, thus giving member enterprises unprecedented and rich experience.
Members Delegation: Grand Disclosure of a Wonderful Journey
On the morning of July 27, the Chinese delegation was invited to attend and make a group appearance at the opening ceremony of IIJS. They received warm reception and arrangements and had a friendly exchange with the organizer GJEPC.

The Scene of the Opening Ceremony of IIJS
Members Delegation Took a Group Photo with the Organizer GJEPC 
IIJS integrated more than 1,200 exhibitors from India’s gem and jewellery industry and attracted visitors from more than 80 countries and 800 cities to gather around at Bombay Exhibition Center, thus providing an ideal exchange platform for retailers, wholesalers, and distributors to make purchase and stock up. 
The Sites of Jewellery and Gemstone Exhibition Areas Were Very Popular
The exhibition areas of dazzling diamonds, color gemstones, and unmounted gemstones satisfied the multidirectional purchasing requirements of Chinese delegation. The exhibition areas of labs and scientific research education displayed cutting-edge industry technologies, design trends, and knowledge sharing. The haute couture and jewellery areas showed India’s local fashion jewellery and wedding jewellery, giving out a sense of rich national color. Visitors could also witness colorful and sophisticated techniques of gold jewellery making, with skillful craftsmanship.

Simultaneously, IIJS also held an exhibition of mechanical equipment at Lalit Hotel where visitors jostled one another on the way. Diamond processing, jewellery production and casting machines, and other such equipment all showed India’s existing exquisite techniques, designs, and manufacturing level. According to GJEPC, 14 out of 15 diamonds set in jewellery worldwide are cut & polished in India. India’s diamond and jewellery trade has enjoyed an annual increase of nearly 15% to 20% on average during the past decade, which has made India the fastest growing jewellery exporter in the world. The strength of its jewellery manufacturing industry cannot be underestimated.
Members Delegation:Digging Deep into the Frontline of Gemstone Trade
On July 28, Members Delegation visited NGTC-India, the first overseas lab of China’s National Gemstone Testing Center (NGTC). They witnessed and understood NGTC lab’s inspection equipment and technology strength in India. Adjacent to Bharat Diamond Bourse (BDB), one of the biggest diamond bourses in the world, NGTC protects enterprises when they purchase gemstone and diamonds in India, and provides authoritative testing and guarantee services.

Members Delegation: Meeting between GJEPC and GDGJE

GJEPC Executive Chairman Shri Praveenshankar Pandya, Executive Director Shri Sabyasachi Ray, Diamond Convener Sanjay Shah and other high-level officials from the Council met with representatives from the two Exchanges and member enterprises. Those officials cared for and understood the progress of their guests’ schedule for the exhibition, and both sides held joint discussions to find a sound strategy for promoting bilateral trade of the jewellery and diamond industry.
During the meeting, GJEPC and GDGJE reached an agreement on holding a buyer-seller gemstone meeting in December in Guangzhou. At that time, GDGJE will organized India's primary source of goods to Guangzhou, which provides great convenience for China enterprises.

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