Kirit Bhansali appointed as chairman of GJEPC
Tue Feb 18 2025
GJEPC has appointed Kirit Bhansali as chairman and Shaunak Parikh as vice chairman, aiming to drive transformative growth in India’s gem and jewellery industry. Bhansali emphasized initiatives like the India Jewellery Park, Gem Bourse, and global expansions while setting an ambitious export target of USD 100 billion by 2047.
Gem & Jewellery Export Promotion Council (GJEPC), the country’s apex nodal trade body, has appointed Kirit Bhansali as chairman and Shaunak Parikh as vice chairman and also announced the constitution of the new Committee of Administration (COA) after the completion of the COA Election 2024.
Kirit Bhansali, chairman, GJEPC, said, “Our vision is to drive transformative growth for India’s gem and jewellery industry through strategic initiatives, innovative projects, and collaborative efforts. From advancing flagship projects like the India Jewellery Park in Mumbai and the Gem Bourse in Jaipur to expanding our global footprint with initiatives like Saudijex in Saudi Arabia and IJEX Dubai, we aim to position India as a global leader in technology, design, and manufacturing. Together, we will strive to achieve the ambitious export target of USD 100 billion by 2047, aligning with our Hon’ble Prime Minister’s vision of a Viksit Bharat.”
Bhansali further added, "We aim to sustain India’s global
leadership, capitalize on domestic market potential, and advocate for favorable
policies while continuing to support our artisans. To boost exports from the
sector and support India’s economic growth, GJEPC has identified 17 key
clusters based on their size, potential, and strategic location. By nurturing
these clusters, we aim to develop them into thriving export hubs."
Shaunak Parikh, vice chairman, GJEPC, said, “This
is a crucial time for the industry, and the challenges before us demand bold
vision and decisive action. It is imperative to focus on category promotion
across all verticals, infrastructure development, skill enhancement, and
adopting global standards to ensure our industry remains competitive on the world
stage. The Council will continue to collaborate closely with the government to
shape policies that not only drive growth but also address the pressing
concerns of our exporters in an ever-evolving global market."
Source: https://retail.economictimes.indiatimes.com