Mr Kothari further added that, “US has long been India's largest trading partner in gems and jewellery - about 19 percent by value (55 percent by volume) of US diamond imports and 27 percent of its jewellery imports are supplied by India. The total exports to the USA for the period January 2007 to August 2007 is USD 3510”.
He further added “Indian jewelry manufacturers, with their state-of-the art factories, trained work force and pro-business import/export laws, now have the prerequisite desire, skills and infrastructure to be more than the world's leading source of value-priced jewelry.”
The first two days will be a series of panel discussions and seminars on industry issues facing American and Indian jewelry businesses, Foreign Direct Investment (FDI) initiatives, joint venture opportunities and Indian banking & finance options for North American businesses.
Retailers and Indian Exporters are paired-up during this “Best-of-the Best” conference, based on a screening process that pre-identifies common interests, skills, abilities and perceived needs.
Retailers will also have the chance to tour manufacturing facilities and have on-site meetings with the principals of the factories.
The event, organized by the GJEPC in collaboration with R&B Partners, LLP promises to mix Business with Pleasure. The meet that begins in Mumbai on October 1st will then move on the fourth day to tour the colorful Agra market and see a magical sunrise at the Taj Mahal, one of the “Seven Wonders of the World” before returning to North America via New Delhi.
Gem & Jewellery Export Promotion Council
marketing@alchempro.com
