Editor’s Note
This article highlights a significant development in the global jewellery trade, as India’s renowned craftsmanship takes centre stage at the inaugural SAJEX 2025 in Jeddah. The event underscores the deepening economic ties between India and Saudi Arabia and the Kingdom’s strategic push to become a major hub for the industry.
As Saudi Arabia positions itself as a future hub for global jewellery trade, Indian exporters are seizing the opportunity to strengthen ties with the Kingdom. The inaugural Saudi Arabia Jewellery Exposition (SAJEX 2025), set to be held at Jeddah Superdome from September 11–13, will feature more than 100 Indian exhibitors showcasing the country’s mastery in diamonds, coloured gemstones, gold, platinum, and lab-grown jewellery.
Organised on a large scale for the first time, SAJEX 2025 is expected to attract over 2,000 buyers from Saudi Arabia, the UAE, Hong Kong, and Lebanon. With Saudi Arabia’s jewellery market projected to nearly double from $4.56 billion in 2024 to $8.34 billion by 2030, Indian exporters see the Kingdom’s young, affluent population as a natural growth partner.
said Kirit Bhansali, Chairperson, Gem & Jewellery Export Promotion Council (GJEPC).
For India, which cuts and polishes 14 out of every 15 diamonds in the world, the timing is crucial. While U.S. tariffs have disrupted a major export market, the industry sees Saudi Arabia and other Gulf nations as promising alternatives.
With SAJEX 2025, Indian jewellers are not just showcasing designs but signalling a strategic pivot: from dependence on traditional markets to forging partnerships in West Asia, where opportunity is on the rise.