During an event organized by the Gems and Jewellery Exports Promotion Council (GJEPC), Mukesh Ambani, Chairman of Reliance Industries Ltd, emphasized the role of the business community in building a stronger and more inclusive India. He expressed confidence in the industry’s potential to achieve USD 100 billion in exports in the coming decades.
Ambani commended the gems and diamonds industry for its significant contribution, reaching USD 40 billion in exports and generating over 5 million jobs in the country. He acknowledged the industry’s journey from humble beginnings to remarkable success, particularly praising the efforts of individuals from Palanpur.
Highlighting the collaboration possibilities between Kathiawadis and Palanpuris, Ambani emphasized the importance of expanding opportunities. He also mentioned the connection with Rosyblue through his daughter-in-law, Shloka Mehta, and praised her warmth and wisdom.
At the event, Russell Mehta of Rosy Blue India was honored with the Lifetime Achievement Award. Ambani urged the gems and jewellery sector to champion the ‘Make in India’ initiative, emphasizing the industry’s potential to showcase Indian talent and design to the world.
Despite challenges, including a 4.6% drop in exports in 2022-23, Ambani remains optimistic about the industry’s future growth. He underscored the importance of collaborative efforts to enhance India’s position as a global leader in the gems and jewellery sector.
Established in 1966, the GJEPC plays a pivotal role in promoting exports in the gems and jewellery industry, boasting around 9,600 members.
