India expands jewellery footprint
India Showcases Jewellery Strength at SAJEX 2025 in Jeddah: India has launched SAJEX 2025 in Jeddah to deepen jewellery trade with Saudi Arabia and the wider GCC region. The initiative is led by the Gem & Jewellery Export Promotion Council (GJEPC) with support from the Indian Consulate in Jeddah, Indian Embassy in Riyadh, and the Ministry of Commerce & Industry.
The expo marks a significant step in enhancing India’s global jewellery presence and leveraging the rising luxury demand in the Middle East.
Event highlights
SAJEX 2025 is being hosted at the Jeddah Superdome from 11–13 September 2025. The exhibition features over 200 exhibitors, 250 booths, and more than 2,000 international buyers.
Exhibits include diamond and coloured gemstone jewellery, bridal collections, gold jewellery in 18k, 21k, and 22k, as well as lab-grown diamonds and advanced jewellery-making technologies.
Static GK fact: The Jeddah Superdome is the world’s largest continuous dome structure, inaugurated in 2021.
India’s jewellery leadership
India exported $32 billion worth of gems and jewellery in FY 2024–25, maintaining its dominance across global segments. The country processes 65% of the world’s diamond value and handles 92% of the diamond trade by volume.
India is also a leader in gold, silver, coloured gemstones, and lab-grown diamonds. The sector attracted a 315% surge in FDI in FY 2024–25, contributing significantly to the nation’s $50 billion FDI inflow.
Static GK Tip: The Gem & Jewellery Export Promotion Council (GJEPC) was established in 1966 under the Ministry of Commerce to promote India’s gem and jewellery exports.
Saudi Arabia under Vision 2030
Saudi Arabia, with a $1.1 trillion GDP, is the Gulf’s largest economy. As part of Vision 2030, its jewellery market is projected to expand from $4.56 billion in 2024 to $8.34 billion by 2030, with a CAGR of 10.6%.
The partnership through SAJEX 2025 strengthens Saudi Arabia’s role as a jewellery hub while boosting India’s influence in the luxury and lifestyle markets of the Gulf.
Strategic importance
The expo highlights India’s ambition to combine manufacturing expertise, design innovation, and global partnerships. By entering deeper into the Saudi market, India ensures long-term trade stability and builds on the India-Saudi bilateral trade relationship, which has expanded across energy, infrastructure, and now luxury sectors.
Static GK fact: Saudi Arabia is India’s fourth-largest trading partner, with bilateral trade crossing $52 billion in 2023–24.
Static Usthadian Current Affairs Table
India Showcases Jewellery Strength at SAJEX 2025 in Jeddah:
Topic | Detail |
Event | Saudi Arabia Jewellery Exposition (SAJEX) 2025 |
Venue | Jeddah Superdome, Saudi Arabia |
Dates | 11–13 September 2025 |
Organizers | GJEPC, Indian Consulate Jeddah, Indian Embassy Riyadh, Ministry of Commerce |
Exhibitors | 200+ exhibitors, 250 booths |
Visitors | 2,000+ international buyers and business delegates |
India’s Export Value | $32 billion in gems and jewellery (FY 2024–25) |
Global Share | 65% of diamond value, 92% of trade volume |
Saudi Jewellery Market | $4.56B in 2024 → $8.34B by 2030 |
Vision 2030 Impact | Strengthens Saudi Arabia as a regional jewellery hub |