Friday, April 12, 2024

GJEPC Unveils Exclusive Gem & Jewellery Show in Jaipur for International Buyers

GEM AND JEWELLERY EXPORT PROMOTION COUNCIL

GJEPC Unveils Exclusive Gem & Jewellery Show in Jaipur for International Buyers


  • IGJS 2024 witnessed 250 international buyers from 27 countries
  • 54 jewellery manufacturers and exporters showcased an array of diamonds, Loose Gemstones, Gemstone & Diamond Studded Jewellery, and Silver Jewellery.

 

Jaipur, 12th April 2024: The apex body of the gem and jewellery industry in India, GJEPC hosted the 3rd edition of International Gem & Jewellery Show (IGJS) in Jaipur. The event, powered by Gemfields, is being held from 12th to 14th April at Novotel Jaipur Convention Centre, Jaipur.

IGJS Jaipur is a curated event, showcasing the best of Indian craftsmanship, featuring over 54 jewellery manufacturers and exporters presenting an array of Diamonds, Loose Gemstones, Gemstone & Diamond Studded Jewellery, and Silver Jewellery.

 

IGJS 2024 witnessed 250 international buyers from 27 countries, spanning Algeria, Argentina, Australia, Brazil, Canada, Egypt, Greece, Iran, Italy, Jordan, Kazakhstan, Kenya, Lebanon, Mexico, Russian Federation, Saudi Arabia, South Africa, Spain, Switzerland, Thailand, Turkey, UAE, Ukraine, United Kingdom, USA, and Uzbekistan.

 

Vipul Shah, Chairman, GJEPC said, "India's gem and jewellery industry holds a prominent position as a global leader, with substantial contributions to the world market. Our annual exports amounting to USD 40 billion underscore our strength and expertise in this sector, supporting employment for over 5 million individuals. We remain steadfast in nurturing robust international trade relationships between India and global markets. This commitment is demonstrated through initiatives such as IGJS Shows and by actively enabling opportunities for our exporters through participation in international events.”

 

Shah further added, "GJEPC is actively working with the government to facilitate favourable policies in FTAs for the sector. We have already witnessed the positive impact of the India-UAE CEPA, and we anticipate similar advantages for the industry in the forthcoming FTAs with GCC, Canada, UK, and EU.”


 

Shri Nilesh Kothari, Convener, International Exhibitions, GJEPC said, “IGJS Jaipur, an exclusive show for international buyers is a testament of India's jewellery manufacturing capability to serve the global market. This format of shows has been highly successful, attracting a tremendous response from buyers all over the world. The Indian gem & jewellery industry has a deep understanding of the international market and is dedicated to serving the needs and preferences of customers around the world. The industry's commitment to quality and innovation has been a driving force behind its success.”

 

Heather Mayantis, Senior Buyer, Reeds Jewelers comments, “The eCommerce trend has exploded among consumers, and while yellow gold remains highly sought-after, gemstones are having a moment!”


Judith Fisher, Merchandising Officer, Reeds Jewelers 
said, “Our success is based on partnerships and relationships with vendors and buyers, and when we find that synergy and that kind of perfect marriage, there's no place to go but up. We are very excited to be here (in India) and happy to connect with vendors; the design and finishing in terms of polishing have exceeded all of our expectations.”

 

Conceived with the aim of showcasing the best of India to the world, the International Gem & Jewellery Show (IGJS) is held each year in Dubai and Jaipur exclusively for the global audience. The show is a curated gathering of India's top gem and jewellery manufacturers and exporters. It reinforces GJEPC's vision to make India the preferred source for world-class gems and jewellery.


About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today over 10,000 members in the sector.  With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

Facebook: www.facebook.com/GJEPC
Instagram: www.instagram.com/gjepcindia
Youtube: www.youtube.com/gjepcindia
Twitter: www.twitter.com/GJEPCIndia 

 

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Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face value of ₹10 each Fresh Issue Size - Up to 98,97,000 Equity Shares OFS size - Up to 13,50,000 Equity Shares Total Size - ₹ 150.71 Crore (At Upper Price Band) Price Band - ₹ 126 - ₹ 134 per share Lot Size – 111 Equity Shares Mumbai, September 21, 2026 - Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to raise ₹ 150.71 Crores (At Upper Price Band), with shares to be listed on the BSE & NSE. 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The anchor bidding is on Tuesday, September 22, 2026. The offer will open on Wednesday, September 23, 2026 and will close on Friday, September 25, 2026. The Book Running Lead Manager to the Offer is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. Mr. Saurabh Sangla, Chairman and Managing Director of Adroit Industries (India) Limited “expressed, The upcoming IPO marks a new phase for the Company. Over the years we have built vertically integrated capabilities spanning forging, precision machining, heat treatment, assembly, balancing and testing, and expanded our portfolio to over 5,000 SKUs of driveline components supplied to customers in more than 32 countries. Going forward, our focus will be on strengthening capacity across our manufacturing facilities, improving operational efficiency, deepening engagement with the Distributors, OEMs and Tier-1 customers across our export and domestic markets and broadening our automotive and non-automotive applications. The IPO will support our plans as we continue to strengthen the business and pursue long-term growth.” Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Adroit Industries (India) Limited has built an export-led driveline business over four decades, with vertically integrated manufacturing and a diversified customer base across automotive and non-automotive applications. The upcoming IPO marks an important step in the Company’s journey as it enters the public markets. We believe the Company’s integrated manufacturing capabilities, long-standing customer relationships and expanding product portfolio provide a foundation for its next phase of growth. We are pleased to be associated with Adroit Industries (India) Limited as it takes this step towards becoming a publicly listed company.” About Adroit Industries (India) Limited Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts – also known as drive shafts or cardan shafts – and related torque-transmission components. Its portfolio spans over 5,000 SKUs of driveline components, including propeller shaft assemblies, yokes, shafts, companion flanges, universal joints and accessories, supplied to automotive applications, largely commercial vehicles and SUVs, and to non-automotive applications spanning defence and emergency services, heavy equipment and off-highway machinery and industrial equipment. The Company operates three manufacturing facilities in Madhya Pradesh – Dewas Facility i.e for die making and forging processes, Pithampur Facility for machining and assembly, operated by its subsidiary Adroit Driveshafts Private Limited, and Sanwer Road Facility for certain finishing operations– with end-to-end in-house capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. The facility is certified under IATF 16949, ISO 9001, ISO 14001 and ISO 45001. With operations commencing in 1966, the Company has evolved into an export-led driveline components manufacturer, with 95.39% of Fiscal 2026 product sales derived from outside India across more than 32 countries, supported by a Canadian subsidiary for North American customer engagement, and serving 185 customers in Fiscal 2026 through distributors, Tier-1 driveline component suppliers and OEMs. In FY26, The Company achieved a Revenue from operations of ₹1,399.43 million, EBITDA of ₹387.10 million & PAT of ₹261.58 million. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face valu...