IGJS Dubai 2024 showcases the Future of Jewellery Trade in Dubai

30 leading manufacturers wowed buyers from across the Middle East, Europe, and beyond, showcasing exquisite diamond, gemstone, and gold jewellery.

Oct 12, 2024 - 18:08
IGJS Dubai 2024 showcases the Future of Jewellery Trade in Dubai

India’s Gem & Jewellery industry just wrapped up the dazzling 4th edition of IGJS Dubai 2024! Hosted by the GJEPC, this prestigious event showcased the finest of Indian gems and jewellery to over 300 global buyers.

With a 40% surge in exports to the UAE, hitting 8 billion dollars, India's jewellery trade is booming! And thanks to the India-UAE CEPA agreement, trade ties are stronger than ever.

30 leading manufacturers wowed buyers from across the Middle East, Europe, and beyond, showcasing exquisite diamond, gemstone, and gold jewellery.

The GJEPC aims for a 20% export boost by 2025—driven by Dubai’s strategic position and India’s unmatched craftsmanship.

Did you know India's gem and jewellery sector contributes 7% to the nation’s GDP, 15% to merchandise exports, and employs over 5 million people. India is also the top center for cutting and polishing colored gemstones and the fastest emerging hub for crafting stunning jewellery across all styles, from pret to bridal couture.

But the industry faces challenges—demand in key markets like the US and China is dipping. To address this, India is partnering with De Beers, the Natural Diamond Council, and the World Gold Council to drive demand globally.

With key regional strategies like Saudi Arabia’s Vision 2030 and Qatar’s Tourism Strategy 2030, and strong partnerships between India and the UAE, the future of the gem and jewellery trade is set to shine brighter than ever.

Ronak Kotecha Senior Journalist and seasoned content creator with 18-years-experience at channels like Times Now, NewsX, Zoom and Radio City. Now, Rotten Tomatoes accredited global critic for the Times of India and BBC India Correspondent in Dubai. Talk show host at Talk100.3, listen in weekdays at 11 am on talk1003.ae