Surat will host India’s Gems and Jewellery Machinery Expo (IGJME) showcasing the latest in technological developments in the diamond industry. The expo is being organized by Gems and Jewellery Export Promotion Council (GJEPC) in affiliation with Surat Diamond Association (SDA).
The Surat diamond industry processes around 85 percent of the $11 billion worth of rough diamonds imported in the country per annum. This event also is in the backdrop of the industry opening after the Diwali break with the cloud of synthetic diamonds floating over its head.
"Gems and jewellery constitute one of India's foremost business sectors comprising burgeoning exports and humongous vibrant domestic market with a value on par with the export trade. It is an industry of such mammoth proportions that perhaps no other country sees greater demand for gems & jewellery machinery, equipment and technology as India does," told Vipul Shah, chairman, GJEPC to TOI.
Leading international and domestic manufacturers and suppliers of machinery, technology, allied products and services such as packaging, IT and software etc. will participate in the expo, the paper reported.
President, SDA, Dinesh Navadia said, "The expo will also focus on synthetic diamond identification techniques and technical sessions for the diamantaires"
Jewellery manufacturing has been growing at the rate of nearly 15-20 per cent annually over the last decade boasting of the highest standards of quality through the integration of machinery and technology and design development.
Surat will also host the two day 69th All India textile annual conference, starting from December 21.