GJEPC urges Indian jewellers to explore UK market for growth

The Gem and Jewellery Export Promotion Council gathered together over 130 jewellery industry entrepreneurs to promote the UK as a destination to explore for growth opportunities to work towards the Indian government’s target of reaching $1 trillion in exports by 2030.

The GJEPC’s Research Division’s recent industry webinar took place as part of its Global Market Insights series and featured a talk by GJEPC economist Rashmi Arora who stressed both the importance of tapping into the UK market for growth and of meeting the government’s ambitious export targets. The high level of participation illustrated the growing interest in exporting jewellery to the UK market, the GJEPC announced on its website.
 
Consumers in the UK have strong demand for luxury goods, unique designs, and ethically sourced goods which are categories many Indian export businesses fulfil. Pure Jewels’ CEO Jayant Raniga and Jewellery Show’s co-founder and event director Lennox Addo shared insights on the shift in UK consumer demand towards sustainable and ethical sourcing and transparency, urging participants to tailor their offering to these preferences to maximise growth.
 
“The webinar concluded by offering a roadmap for Indian gem and jewellery exporters looking to expand into the UK market,” announced the GJEPC on its website. “By understanding the unique characteristics of the UK market, adapting to new trade realities, and embracing technology and sustainability, Indian businesses can significantly enhance their presence.”