The second edition of the Indo Euro Jewellery Summit, organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), is being held from until April, 30, 2010. This year’s summit has widened its scope since its first edition last year, and is inviting new segments of the European jewelry retail market, including Scandinavia, Letland, the Czech Republic, France and the Benelux, reports Diamond World.
The Summit was conceptualized to allow European participants gain first hand experience of the potential and versatility of the Indian jewelry manufacturing industry.
Vasant Mehta, Chairman of the GJEPC, welcomed the participants saying, “India is important, Indian jewelry is important and so are the Indian diamantaires and jewelers. With the industry reaching the pinnacle of diamond manufacturing globally, and progressing towards being the fastest growing jewelry market, it is difficult for any associated with the trade to miss this burgeoning destination.”
Commenting on the widened scope, Mehta added, “Whereas the first Summit has seen strong participation from the most important West European countries, we now made a successful effort to attract the major retailers from Northern and Eastern Europe. This will present a major opportunity for some of the 15 participants from India to make major inroads into the European markets. For many retailers, this will be their first exposure to the very best of Indian manufacturing companies, and I am convinced they will be impressed by the design skills, operating efficiency and commercial acumen of modern Indian jewelry manufacturing.”
This year’s Summit is delivering interactive sessions through seminars, presentations, facilitated discussions and targeted factory visits.
“The meet reaffirms our commitment to the global market that the Indian Gems and Jewellery Industry is growing and is more than capable of serving the demands of markets all across the world. This meet also reaffirms key relationships and partnerships between emerging markets such as ours and those looking to us as market leaders and precursors,” concludes Mehta.
