The first ever Indo-Australia Jewellery Conclave will be held in Sydney later this month.
Organised by India’s Gem & Jewellery Export Promotion Council, the two-day conclave will provide 12 visiting Indian jewellery manufacturers with the chance to network or meet “one on one” with selected retailers and buying groups from Australia, New Zealand and Fiji.
GJEPC chairman Vipul Shah said that although the event was “the first buyer-seller meet of its kind between the two countries”, the council has previously held successful meets with regions such as China, Europe, the US and Russia that had resulted in substantial trade growth.
He said the council aims to “replicate” that success in Australia.
The 12 members of the Indian contingent are Asian Star Jewels, Core Jewellery, Creation Jewellery, Fine Jewellery, Gold Star Jewellery, Inter Gold India, KBS Creations, Kiran Jewels India, Patdiam Jewellery, Priority Jewels, Stellar Jewellery and Uni-Design Jewellery.
Shah said the jewellery manufacturers have been carefully selected “based on their excellent capabilities to cater to specific needs of the Australian market in terms of cutting edge design, quality and service.”
Australia India Business Council NSW president Sheba Nandkeolar said the conclave presents a tremendous opportunity for attendees who are looking towards India as a sourcing hub for the first time as it “will enable them to obtain a first-hand understanding of the advanced technologies being used to produce finished jewellery in India”.
The Indo-Australia Jewellery Conclave will be held at the Sheraton on the Park hotel on May 21-23.
According to GJEPC, India is the fastest growing gem and jewellery industry in the world – its gem and jewellery exports increased 45.9 percent from US$29.35 billion in the 2009-2010 financial year to US$43 billion in the 2011-2012 financial year.