GJEPC’s SEZ Conclave spotlights Technology, Branding & Investment to boost G&J Exports

The Gem & Jewellery Export Promotion Council (GJEPC) organised the 2nd SEZ Gem & Jewellery Conclave 2025 at Bharat Ratnam Mega CFC, SEEPZ on 12th March. Held under the theme ‘SEZ: The Future of Indian Exports,’ the conclave brought together industry leaders and experts, to explore strategies for boosting exports and attracting investments. The Conclave was inaugurated by Dr P Anbalagan, IAS, Secretary, Industries Department, Government of Maharashtra, in the presence of Shri Kirit Bhansali, Chairman, GJEPC; Shri Shaunak Parikh, Vice Chairman, GJEPC and other G&J industry members.

Dr P Anbalagan, IAS, Secretary, Industries Department, Government of Maharashtra, said, “As the leading recipient of FDI, Maharashtra is on track to achieve a USD 1 trillion economy. The employment-intensive gem and jewellery industry is a key pillar of Maharashtra’s economic growth, contributing 47% of India’s jewellery exports, amounting to USD 15 billion in 2023 via JNPT. With the right policies and industry collaboration, this sector holds the potential to reach USD 70 billion in overall gem and Jewellery exports in the next 4-5 years, further cementing Maharashtra’s position as a global leader in jewellery manufacturing and exports.”

In his welcome address, Shri Kirit Bhansali, Chairman, GJEPC said,“India’s gem and jewellery industry holds an immense export potential of US$70 billion, with nearly US$35 billion yet to be tapped. SEZs can play a pivotal role in unlocking this growth by leveraging their advanced manufacturing capabilities, supportive ecosystem, and skilled workforce. Currently contributing around US$8 billion—20% of the sector’s exports—SEZs have the potential to double their share if they swiftly adapt to the rapid transformations in the global market.”

The 2nd SEZ Gem & Jewellery Conclave 2025 set the stage for a collaborative industry approach, focusing on leveraging SEZs for export growth, embracing new-age technologies, and strengthening India’s global brand positioning. With continued support from the Government of India and Maharashtra, GJEPC is committed to driving innovation, investment, and sustainable growth in the sector.