India and Australia will hold their first jewellery conclave from May 21 to 22 in Sydney, the Gems &Jewellery Export Promotion Council (GJEPC) announced recently.
Organised by the GJEPC, the event aims to establish business ties between a select group of Indian jewellery manufacturers and leading jewellery retailers and buying groups across Australia, New Zealand and the Fiji islands.
“This is the first-ever Buyer-Seller meet of its kind between the two countries that is designed to facilitate one-on-one meetings and networking opportunities, which will give Australian buyers deeper insights into India’s manufacturing [capabilities], design prowess and supply chain,” according to GJEPC Chairman Vipul Shah. “GJEPC has, over the years, held successful meets with China, Europe, the US and Russia/CIS, [and these have led] to substantial growth of trade with these countries. We are encouraged to replicate this in Australia.”
The 12 participating jewellery manufacturers from India have been carefully selected and shortlisted by GJEPC based on their capabilities to cater to the specific needs of the Australian market in terms of cutting edge design, quality and service, the council said in a press release.
Arun Kumar Goel, consul-general of India in Australia, added, “There is an immense potential and a need for relationship-building between the two industries and we are happy to offer support to GJEPC in such ventures.”
Sheba Nandkeolar, president of the Australia India Business Council in NSW, noted, “The conclave presents a tremendous opportunity for many of the attendees who may be looking towards India as a sourcing hub for the first time and will enable them to obtain a first-hand understanding of the advanced technologies being used to produce finished jewellery in India.”
With confirmation of 12 leading names across Australia, New Zealand and Fiji, the attendance for the event is expected to go up to 15 participants. The 12 members of the Indian contingent will be represented by Asian Star Jewels, Core Jewellery, Creation Jewellery, Fine Jewellery, Gold Star Jewellery, Inter Gold India, KBS Creations, Kiran Jewels India, PatdiamJewellery, Priority Jewels, Stellar Jewellery and Uni-Design Jewellery.