GJEPC expects 20 percent rise in exports to UAE with IGJS Dubai 2024

The Gem & Jewellery Export Promotion Council (GJEPC) of India is expecting a 20 percent boost in exports during the calendar year due to the International Gem & Jewellery Show (IGJS) Dubai.

The event features 30 leading jewellery manufacturers from India showcasing their designs to over 300 international buyers from the UAE, Saudi Arabia, Qatar, and Kuwait, UK, USA, Africa, and Russia.

Commenting on the jewellery show, Kirit Bhansali, vice chairman of GJEPC in a statement said, “IGJS Dubai has become a cornerstone event for the region, strengthened by the India-UAE CEPA agreement, which has opened doors to deeper partnerships and new growth opportunities.”

“In 2023, India’s jewellery exports to the UAE reached USD 8 billion, with plain gold jewellery exports surging by 102% and studded jewellery by 25%. We are also witnessing rising demand from key Middle Eastern markets such as Saudi Arabia, Bahrain, Kuwait, and Oman. IGJS Dubai has played a pivotal role in fulfilling the evolving needs of these markets,” he added.

To boost exports to UAE, GJEPC has set up the India Jewellery Exposition (IJEX) in Dubai, a dedicated B2B platform that enables GJEPC members to receive orders from UAE buyers all year round.