India’s Gem and jewellery exports to cross $100 bn. soon says Mukesh Ambani

He was speaking at the the Gem & Jewellery Export Promotion Council’s (GJEPC) 50th India Gem & Jewellery Awards (IGJA) held here.

 “Evolving remark­ably over the years, the industry has emerged as a lead­ing player in the global lux­ury mar­ket, and as a pivotal con­trib­utor to India’s export eco­nomy. It has also become a major gen­er­ator of large-scale employ­ment oppor­tun­it­ies,” Mr. Ambani said. “As a res­ult, the industry is poised to achieve exports of $100 bil­lion in the com­ing years from $40 bil­lion cur­rently.”

Mr. Vipul Shah, Chair­man, Gem & Jew­ellery Export Pro­mo­tion Coun­cil, said,.

“We must empower our artis­ans, invest in research and devel­op­ment, and lever­age tech­no­logy to unlock new hori­zons of growth. As we mark the 50th India Gem & Jew­ellery Awards (IGJA), we not only applaud the remark­able achieve­ments of indi­vidual export­ers but also acknow­ledge the col­lect­ive endeav­ours of the industry at large,” he added.