Sourcing

India’s GJEPC Elects New Chairman

SourcingAug 31, 2022

India’s GJEPC Elects New Chairman

Vipul Shah will step into the role of chairman and Kirit Bhansali will serve as vice chairman.

20220831_GJEPC.jpg
The GJEPC has elected a new chairman and vice chairman. From left to right, GJEPC Executive Director Sabyasachi Ray, Vice Chairman Kirit Bhansali, Chairman Vipul Shah, and outgoing Chairman Colin Shah.
Mumbai, India—The Gem & Jewellery Export Promotion Council, the governmental body that supports the diamond and jewelry trade in India, has elected a new leadership team.

Vipul Shah, former vice chairman for the 2020-2022 term, will step into the role of chairman, succeeding Colin Shah, who finished serving his two-year term.

Vipul was previously the chairman for the 2012-2015 term, and helped to organize GJEPC’s first World Diamond Conference, which was attended by Hon. Prime Minister Narendra Modi and Finance Minister Smt. Nirmala Sitharaman. 

He also implemented the policy of rotating board members.

“I feel privileged and energized to return to the role of GJEPC chairman in these exciting times,” Vipul said. “There are tremendous opportunities for growth ahead of us.”

The country’s gem and jewelry industry is in a growth phase, he said, and set to reach the government’s export target of $45.7 billion for fiscal 2022-2023.

 Related stories will be right here … 

Kirit Bhansali of Smital Gems was elected to a two-year term as vice chairman of GJEPC.

“I am honored to get the opportunity to serve the industry as vice chairman of this great organization built with years of toil by my predecessors,” said Bhansali.

“The steadfast government support towards infrastructure development projects like the state-of-the-art Mega CFC in SEEPZ and the upcoming world-class India Jewelry Park Mumbai will nurture an export-friendly ecosystem that underpins the industry’s growth ambitions.”

The Santacruz Electronic Export Processing Zone (SEEPZ) is a special economic zone in Mumbai that is currently home to two new projects: the building of a mega common facility center to support the design and manufacturing of gem and jewelry products and the construction of standard design factories, scheduled to be operational by May 2023.

Previously, Bhansali served on the council as the convener of the awards committee, organizing several India Gem & Jewellery Awards. 

He is currently the chairman of the Indian Institute of Gems & Jewellery and India Jewellery Park Mumbai.

As per GJEPC’s rules of succession, Bhansali will step in as chairman in 2024.

Lenore Fedowis the associate editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

The Latest

Cartier Panthère watch
WatchesSep 11, 2024
These Are the Watches Women Want, Says Chrono24

Its “Her-ology” report highlights trends in the women’s luxury watch market, from top brands to movement preferences.

Marrow Fine x Adalina Martini and Tennis Necklace
IndependentsSep 11, 2024
Take a Sip of Marrow Fine x Adalina’s $13K Martini

The smoked heirloom tomato mezcal martini, only available at Adalina in Chicago, is served with a 9-carat diamond tennis necklace.

Lightbox loose lab-grown diamonds
Events & AwardsSep 11, 2024
Lab-Grown, Natural Diamonds to Be Focus of AGS Confluence

Scheduled for Sept. 25, the online-only event will be open to non-AGS members this year, for a fee.

How to Increase Instagram Followers Naturally in 2024 2.0 (1).jpg
Brought to you by
How to Increase Instagram Followers Naturally in 2024

Growing your Instagram following organically is more important than ever in today's technological environment.

Brilliant Earth Showroom Fairfax Virginia
MajorsSep 11, 2024
Brilliant Earth Expands International E-Commerce

Customers in more than 150 countries can now shop at the jewelry retailer’s online store.

Weekly QuizSep 05, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Gems Keep Giving
Policies & IssuesSep 11, 2024
Gems Keep Giving Reorganizes, Taps Hayley Henning as Board Chair

The organization, which was started by the International Colored Gemstone Association, is now a 501(c)(3).

 Jeffrey Lynn High
IndependentsSep 10, 2024
Industry Technology Visionary Jeff High Dies at 60

The Gemvision founder is remembered as a passionate mentor with a deep love for God.

Supplier Spotlight -Recorded-Webinar.png
Brought to you by
Watch: Natural Diamonds: A Great (but Often Untold) Geology Story

Supplier Spotlight Sponsored by GIA.

Foundrae Golden Hour Campaign
CollectionsSep 10, 2024
Foundrae’s Latest Collection Harnesses the Glow of the Golden Hour

The “Golden Hour” collection was designed to “inspire and encourage reflection,” said the brand.

Movado When I Move You Move campaign
MajorsSep 10, 2024
Ludacris, Jessica Alba Star in New Movado Campaign

Movado has named five new brand ambassadors, featuring them in its new “When I Move You Move” campaign.

Carol Woolton
TrendsSep 10, 2024
Carol Woolton To Release New Book

The jewelry historian discusses the history and cultural significance of jewelry throughout time and across the globe.

US Senator Dianne Feinstein
AuctionsSep 09, 2024
US Senator Dianne Feinstein's Jewels Going to Auction

Bonhams will offer more than 70 pieces of the late dignitary’s jewelry next month.

Hearts On Fire Love, Unleashed Campaign
CollectionsSep 09, 2024
Hearts On Fire Debuts New Campaign, Designs

The “Love, Unleashed” campaign is an ode to love, featuring 16 new designs from Hearts On Fire’s “Vela” collection.

Fabergé Beetlejuice Beetlejuice jewelry collection
CollectionsSep 06, 2024
The ‘Fabergé x Beetlejuice Beetlejuice’ Collection is Scary Chic

It’s showtime for these jewels, inspired by the motifs and color palette of the new Tim Burton film.

Movado Connect 2.0 watches
FinancialsSep 06, 2024
Movado Lowers Guidance as Q2 Sales Slip

CEO Efraim Grinberg pointed to a challenging consumer spending environment, particularly in the watch category.

Lizzie Mandler’s Liquid Gold Hoops
CollectionsSep 06, 2024
Piece of the Week: Lizzie Mandler’s ‘Liquid Gold’ Hoops

Inspired by a 19th century sculpture, Mandler transformed gold into liquid for these earrings.

Bella Hadid in Chopard Campaigns
CollectionsSep 05, 2024
Bella Hadid Is Chopard’s New Brand Ambassador

The model and entrepreneur stars in two new Chopard campaigns.

Nordstrom men’s store New York City
MajorsSep 05, 2024
Nordstrom Family Offers to Buy Namesake Retailer for $3.8B

Members of the founding family partnered with Mexican retail company El Puerto de Liverpool to possibly take Nordstrom private.

Tiffany & Co. Elsa Peretti Bone cuff
MajorsSep 05, 2024
Tiffany & Co. Celebrates Elsa Peretti’s Bone Cuff

The iconic design has joined a lineup of notable pieces featured in the jeweler’s “With Love, Since 1837” campaign.

New Cadar CEO Ralph Simons
MajorsSep 05, 2024
Former Chopard, Frederique Constant Executive Tapped to Head Cadar

Ralph Simons is now CEO of the jewelry brand started by fashion designer Michal Kadar and her husband, Avraham Kadar, in 2015.

National Jeweler columnists Duvall O’Steen and Jen Cullen Williams
ColumnistsSep 04, 2024
Creative Connecting: Why ‘Experience Content’ Matters

Jen Cullen Williams and Duvall O’Steen say it’s all about giving your social media feeds a human touch.

 Models Taylor Hill and Soo Joo Park wearing Messika jewelry
TrendsSep 04, 2024
Taylor Hill, Soo Joo Park Star in New Messika Campaign

The models and friends of founder and artistic designer Valérie Messika showcase the brand’s jewelry in the “Back to Icons” campaign.

Bloomingdale’s From Italy, With Love campaign
MajorsSep 04, 2024
Bloomingdale’s to Highlight Italian Jewelry in New Campaign

“From Italy, With Love” will showcase Roberto Coin, Marco Bicego, and other Italian brands.

Zales tennis necklace over Prince tennis racket
CollectionsSep 03, 2024
Zales, Prince Debut US Open-Inspired Collection

The jewelry retailer will also have a diamond-set tennis racket on display at the tournament.

Ylang 23 Flagship
IndependentsSep 03, 2024
Ylang 23 Relocates, Expands Dallas Flagship

The retailer has moved into a 3,200-square-foot space at The Shops of Highland Park.

Suzanne Kalan
TrendsSep 03, 2024
Amanda’s Style File: Sapphires for September

The month’s birthstone is vibrant in every color.

Breitling watches
WatchesAug 30, 2024
Breitling Marks 140 Years With Special Editions of 3 Classic Watches

The special editions of the Premier, Navitimer, and Chronomat are equipped with a new perpetual calendar movement from the brand.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy