The 51st India Gem & Jewellery Awards (IGJA), hosted by the Gem & Jewellery Export Promotion Council (GJEPC) in Jaipur, celebrated outstanding contributions to India's gem and jewellery sector. The event honored 24 awardees across categories, including 14 Industry Performance Awards, 7 Special Recognition Awards, 2 Felicitation Awards, and 1 award for a bank supporting the industry.
Shri Gautam Adani, Chairman of the Adani Group, attended as the Presiding Guest. Industry leaders, including Shri Vipul Shah (Chairman, GJEPC), Shri Kirit Bhansali (Vice Chairman, GJEPC), and other prominent figures, participated in the grand celebration.
In his keynote address, Shri Gautam Adani emphasized the importance of technology and sustainability, stating, “Technology and sustainability are the twin pillars of our future. By empowering artisans with digital tools and fostering innovation, we can propel our jewellery heritage to new heights and ensure India's global leadership in this industry.”
Shri Vipul Shah highlighted transformative projects like the India Jewellery Park in Mumbai and Jaipur’s Gem Bourse. “With robust retail growth and visionary government policies, the gem and jewellery sector is poised for unprecedented success,” he said.
The Vice Chairman, Shri Kirit Bhansali, reflected on the industry’s resilience, noting, “Achieving $32 billion in exports last year amidst challenges demonstrates the unwavering commitment and innovation of our industry.”
Recognizing the next decade as pivotal for India, Shri Sachin Jain, Regional CEO – India, World Gold Council, said, “This is our time. Our industry’s vision aligns with the goal of ‘Viksit Bharat 2047,’ contributing to India’s transformation into a developed nation.”
The event also awarded Shri Pramod Agrawal of Derewala Industries Ltd. with the prestigious Lifetime Achievement Award.
IGJA, established in 1973, has become a symbol of excellence, honoring entrepreneurial innovation and fostering healthy competition. It acknowledges not just industry players but also institutions like banks that contribute significantly to the sector's growth. The awards continue to evolve, including categories like social responsibility and innovation, reflecting the dynamic nature of the industry.
This year, the selection criteria were designed to reflect the multifaceted contributions of businesses to the gems and jewelry sector. These criteria encompassed export performance, value addition, employment generation, and investment in research and development, among other key parameters. Aimed at celebrating companies that exemplify business excellence and significantly contribute to bolstering the global reputation of 'Brand India,' the Gem and Jewellery Export Promotion Council (GJEPC) goes beyond just honoring industry players for their outstanding achievements. It also extends its recognition to pivotal entities like banks, acknowledging their critical role in fostering growth and innovation within the sector.
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