India’s GJEPC Elects New Chairman
Vipul Shah will step into the role of chairman and Kirit Bhansali will serve as vice chairman.
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.
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.
The Latest
The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
The miner’s March auction generated $19 million.
Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.
“Chopard x Julia Roberts” showcases the first gems cut from the 6,000-carat-plus “Insofu Emerald."