Editor’s Note
This article highlights a strategic move to strengthen India’s gem and jewellery exports through new partnerships with Thailand, a key market.
To boost gem and jewellery exports from India, Indian gem and jewellery industry bodies have signed Memorandums of Understanding (MoUs) with Thailand’s jewellery trade associations to strengthen trade ties between the two countries. Gem and jewellery exports from India to Thailand constitute 15% of the total export target for the Southeast Asian nation. Thailand is among the top 10 importers of gems and jewellery products from India.
India’s overall gross exports of gems and jewellery stood at US$ 23,188.12 million in the first ten months of FY 25, showing a decline of 12.11% compared to the same period of the previous year.
The Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) signed a memorandum of understanding (MoU) with the Gem & Jewelry Institute of Thailand (GIT), a public organization under Thailand’s Ministry of Commerce. The second MoU was signed between the Jewellers Association Jaipur and the Chanthaburi Gem and Jewellery Traders Association. The third MoU is between the Sitapura Gems and Jewellery Industry Association (SGJIA) and the Thai Silver Exporter Association (TSEA).
Commenting on the MoU between GJEPC’s Indian Institute of Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) and GIT Thailand, Nawal Agarwal, Chairman of IIGJ Jaipur & Director of IIGJ-RLC, said:
Commenting on the MoU between Jewellers Association Jaipur and Chanthaburi Gem & Jewelry Traders Association, Alok Sonkhia, President of Jewellers Association Jaipur, said:
Speaking about the MoU between Sitapura Gems and Jewellery Industry Association and Thai Silver Exporters Association, Arvind Gupta, President of Sitapura Gems and Jewellery Industry Association, said:
