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Event to Network Indian Manufacturers, Russian Retailers

October 23, 12 by IDEX Online Staff Reporter

(IDEX Online News) – India’s Gem & Jewellery Export Promotion Council (GJEPC) and the Moscow Diamond Bourse are organizing the second Indo-Russian Jewelry summit in Mumbai. The event is slated to run October 29-30 followed by another two days of factory visits.

 

The event is a networking platform for Indian jewelry manufacturers and Russian wholesalers and retailers. This year’s summit has 15 Indian jewelry manufacturers and 12 Russian wholesalers and retailers who together own, control or have access to 5,000 outlets in Russia and former Soviet bloc states, the so-called Confederation of Independent States (CIS).

 

GJEPC Chairman Vipul Shah observed that the GJEPC has held successful meets with China, European nations and the U.S. as well. He commented, “The successful Indo-Russian jewelry summit held last year as well as the diamond summit held earlier this year have had a favorable impact on India’s trade relations with Russia.”

 

Moscow Diamond Bourse chairman Alex Popov noted, “These meets have widened the sourcing opportunities for Russians since the first edition held last year.”
 

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