GJEPC: The Gem and Jewellery Export Promotion Council (GJEPC) organized a delegation visit to Latin America from May 21st to May 29th, 2024. Led by Mr. Kirit Bhansali, Vice Chairman of GJEPC, the delegation toured Brazil, Colombia, and Panama to explore markets, boost India’s exports, and build stronger economic ties in the Latin American and Caribbean (LAC) region.
The GJEPC delegation included Mr. Anish Birawat, Managing Director of Chain N Chains Jewels Ltd.; Mr. Shailesh Sangani, Founder of Priority Jewels; Mr. Anilkumar B. Virani, Director of M/s Karp Impex Limited and Partner at M/s Ethereal Green Diamond LLP; and Mr. Yash Shah, Partner at The Lalit Gems Co. & President of The Dia Box Inc (US subsidiary of The Lalit Gems Co.).
Mr. Vipul Shah, Chairman of GJEPC, expressed pride in the achievements of the visit, stating, “I am immensely proud of the strides we have made during our recent delegation visit to Latin America. Our engagements in Brazil, Colombia, and Panama have not only showcased the unparalleled craftsmanship and diversity of India’s gems and jewellery sector but also paved the way for enduring partnerships. We are committed to expanding India’s footprint in the global market, and this tour has been a significant step towards strengthening our economic ties with the Latin American and Caribbean region. The future is bright, and we look forward to a flourishing exchange of culture, commerce, and trading of gems & jewellery in these vibrant and dynamic regions.”
Mr. Kirit Bhansali echoed these sentiments, emphasizing the fruitful and inspiring engagements in Brazil, Colombia, and Panama. He noted the potential for mutually beneficial partnerships, the warm hospitality received, and the collaborative spirit experienced during the tour. “Our engagements in these vibrant Latin American countries have been both fruitful and inspiring.
The rich histories, cultural wealth, and economic potential of Brazil, Colombia, and Panama provide a strong foundation for mutually beneficial partnerships. I extend my heartfelt gratitude to the retailers and people of Brazil, Colombia, and Panama for their warm hospitality and invaluable support. The camaraderie and collaborative spirit experienced during this tour have set the stage for a brighter, more prosperous future for the gem and jewellery sectors of India and these esteemed nations. Together, we are poised to achieve remarkable milestones that will benefit our industries and peoples. We look forward to continuing this journey of shared growth and enduring partnership.”
Key highlights of the visit included:
Brazil: Meetings with industry leaders such as Mr. Ecio Morais, Director of IBGM, discussions with Monte Carlo group, and interactions with the CEO of SAUER Group and representatives from ESMEBRAS, exploring market expansion and potential collaborations.
Colombia: Networking with the Indian Ambassador to Colombia, Mr. Vanlalhuma, touring local jewellery markets, and discussions facilitated by Ms. Ali Pastorini, President of Mubri, to promote Indian jewellery in the Colombian market.
Panama: Strengthening ties with the Indian Ambassador to Panama, Costa Rica & Nicaragua, Dr. Sumit Seth, and exploring trade enhancement opportunities with Panamanian companies at a networking dinner.
Through these strategic engagements in Brazil, Colombia, and Panama, the GJEPC delegation aims to bolster India’s gems and jewellery exports, fostering stronger economic ties and facilitating collaborative opportunities in Latin America, thereby driving growth in the Indian gems and jewellery sector.
