Dubai set for debut Indian gems fair
Dubai, February 5, 2014
Dubai Multi Commodities Centre (DMCC) has joined hands with the Gem & Jewellery Export Promotion Council (GJEPC) India, to host the inaugural Global Gem & Jewellery Fair (GGJF) in Dubai next month.
With over 130 exhibitors participating from India and the GCC, the Global Gem & Jewellery Fair kicks off on March 20 at Atlantis, The Palm providing an ideal platform for international buyers and sellers as they seek to trade top quality gems and couture jewellery.
Visitors from across the globe including GCC, KSA, Egypt, Lebanon, Bangladesh, Singapore, Eastern Europe, Russia, South Africa, Sri Lanka, Turkey, Pakistan and Malaysia are expected to flock the venue during the three-day event.
Annoucing the event, DMCC executive chairman Ahmed Bin Sulayem said: "It is vital to continuously create new opportunities to nurture international relations with strong trading partners such as India. That is why we are collaborating with the GJEPC to introduce the inaugural ‘Global Gem & Jewellery Fair’ to the region and the GCC market."
"We are proud to host this event and to welcome industry participants from across the globe to Dubai," he added.
Dubai, he stated, has quickly emerged as one of the leading global centres for trade of gold, diamonds and precious stones.
"Combine that strength with the Emirate’s ideal location between the producing and consuming nations along the ‘New Silk Route’ and its unrivalled infrastructure including world-class cargo facilities, ports and airports that connect to over 220 destinations – the Emirate is all set to host the GGJF 2014," he remarked.
GJEPC vice-chairman Pankaj Parekh said: "India’s central role as the sourcing centre for diamonds and precious stones jewellery is renowned world-wide. For years traders and visitors to India have enjoyed the craftsmanship, quality, design and cost efficiency – now it’s time we return the gesture and bring the source to Dubai - the most promising destination for the gemstones and jewellery trade in recent times."
He said the gems council was pleased to collaborate with DMCC which has established itself as the largest free zone in the UAE and the international leader for commodities trade and enterprise in just over a decade.
"It is DMCC’s unrivalled track record combined with the determination to succeed that secured Dubai the inaugural Global Gem & Jewellery Fair 2014," he added.
India is the world leader in production of cut and polished diamonds, emeralds and tanzanites and with 14 out of 15 the world’s diamonds cut and polished in India, products of the highest quality including loose diamonds, loose coloured gemstones, plain gold jewellery as well as diamond and coloured stone studded jewellery, is expected on display at the GGJF 2014.
Saunak Parikh, the international exhibitions convener, GJEPC, said the jewellery fair presents a great opportunity to consolidate India’s exemplary gem and jewellery manufacturing expertise with Dubai’s status as the premier gold, diamond and precious stones jewellery hub to foster and further promote global trade.
"Spread over 3,100 sq/m and with over 170 booths, around 130 exhibitors will showcase the very best in diamond, gold and colour stones. Being a premier invitation-only international trade fair, some 500 select buyers from across the globe will no doubt liaise with exemplary manufacturers and establish ample business opportunities," he added.-TradeArabia News Service