India-Thailand Strengthen Gem & Jewellery Trade with Key MoUs at Bangkok Gem and Jewelry Fair 2025
Landmark MoUs Signed at Bangkok Gem and Jewelry Fair 2025
The most significant highlight of the delegation was the signing of three Memorandum of Understanding (MoUs) on the opening day of the Bangkok Gem and Jewelry Fair (BGJF) on 22nd February 2025. These landmark agreements were signed in a grand ceremony in the presence of key Thai industry stalwarts and highlighted the commitment of both countries to fostering long-term cooperation in the gems and jewellery sector.
Details of the MoUs
- GJEPC’s Indian Institute of Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) with GIT Thailand.
- Jewellers Association Jaipur with Chanthaburi Gem and Jewellery Traders Association.
- Sitapura Gems and Jewellery Industry Association (SGJIA) with Thai Silver Exporter Association (TSEA).
Significance of the MoU Between IIGJ-RLC and GIT Thailand
Talking about the MoU between GJEPC’s Indian Institute of Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) with GIT Thailand, Dr. Nawal Agarwal, Chairman, IIGJ Jaipur & Director, IIGJ-RLC, said, “The MoU between IIGJ-RLC and GIT marks a significant step toward harmonizing gemstone standardization, fostering joint research, and enhancing knowledge exchange. By working together, India and Thailand are ensuring higher levels of trust, transparency, and excellence in the global gem and jewellery industry.” – Dr. Nawal Agarwal, Chairman, IIGJ Jaipur & Director, IIGJ-RLC.
Dr. Agarwal also invited Thai associations to participate in the upcoming International Gem & Jewellery Show in Jeddah (Saudijex) this September, proposing a dedicated Thai Pavilion to further strengthen trade ties and foster new avenues of collaboration between India and Thailand.
Strengthening Coloured Gemstone Trade
Commenting on the MoU between Jewellers Association Jaipur and Chanthaburi Gem & Jewelry Traders Association, Mr. Alok Sonkhia, President, Jewellers Association Jaipur, said, “The MoU between Jewellers Association Jaipur and Chanthaburi Gem & Jewelry Traders Association will strengthen the coloured gemstone trade between India and Thailand. Through knowledge exchange, expanded trade opportunities, and joint participation in global events, this partnership will enhance market reach, support industry growth, and solidify both nations’ roles as key players in the international gemstone sector.”
Boosting Silver Jewellery Trade
Speaking about the MoU between Sitapura Gems and Jewellery Industry Association and Thai Silver Exporters Association, Mr. Arvind Gupta, President, Sitapura Gems and Jewellery Industry Association, said, “The collaboration between Sitapura Gems and Jewellery Industry Association and Thai Silver Exporters Association will boost the silver jewellery trade by fostering innovation, design excellence, and market expansion. This partnership paves the way for greater global recognition of silver jewellery while creating new business opportunities for artisans and exporters in both India and Thailand.”
Focus on Long-Term Industry Ties
The delegation focused on establishing long-term ties across multiple areas, including laboratories, institutes, trade, manufacturing, and more. Delegates engaged in a series of productive meetings and site visits aimed at building synergies between the two nations’ gem and jewellery industries.
Key Meetings with Thai Institutions
Key meetings were held with leading Thai institutions, including the Gem and Jewelry Institute of Thailand (GIT), a public organization under Thailand’s Ministry of Commerce. Discussions with GIT centered on streamlining laboratory processes on both sides, achieving mutual recognition of certifications, developing joint skilling courses, and facilitating student and faculty exchange programs. These steps aim to enhance the skill sets of professionals in both countries and promote international standards.
Further, the delegation met with the Thai Gem and Jewellery Traders Association (TGJTA) to discuss creating gemstone sourcing platforms, promoting the coloured gemstone trade, and building technological connections to bridge trade between both nations. The collaboration also extended to the Thai Silver Exporters Association (TSEA), where key discussions focused on joint manufacturing ventures, technology sharing, and design innovation. Meetings with the Chanthaburi Gem and Jewellery Traders Association (CGTA) explored the possibility of creating a joint conglomerate for coloured gemstones, enhancing collaboration in the global market.
Mutual Participation in Trade Shows
Another significant aspect of the visit was the mutual interest in participating in each other’s trade shows. The delegation extended an invitation to Thailand to hold a pavilion at key Indian events such as the IIJS Mumbai, JAS, and JAGS Jaipur, while also inviting a buyer delegation from Thailand to participate in these shows in India.
Strengthening Global Trade Ties
This visit comes on the heels of a high-level delegation from Thailand, led by GIT, visiting Jaipur in November 2024. The India-Thailand collaboration is now poised to shape the future of the global gems and jewellery industry, unlocking vast opportunities for mutual growth, technological exchange, and the promotion of Indian and Thai gems and jewellery products worldwide.
About Gem & Jewellery Export Promotion Council (GJEPC):
The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government to boost the country’s export thrust when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status.
The GJEPC is the apex body of the gems & jewellery industry and today represents 10,600+ members in the sector. With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat, and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.
About SVAR Media Network:
SVAR Media Network, India’s Best Magazine & Media in Jewellery, stands as the Most Followed Jewellery Magazine & Media House in India. Recognized as Asia’s one of the Best Media in Jewellery & one of the World’s Best Jewellery Media, SVAR Media Network sets Unparalleled Standards in the Gems & Jewellery industry. Proudly holding the prestigious ISO 9001:2015 Certification, SVAR Media is the First Media Brand in the Gems & Jewellery industry to achieve this milestone, showcasing its commitment to operational excellence.
Pioneering innovations include the launch of the World’s First AI Anchor in Fashion, Gems & Jewellery with SVARA AI, India’s One of the First Gems & Jewellery Podcast, Asia’s First Meta Verified Media, the World’s Second, India’s 1st Meta Verified Media in the industry. SVAR Media Network is India’s No 1 Digital Media & continues to be the Leading Jewellery Magazine & a Global Leader in Jewellery Media
SVAR Media Network offers a diverse range of services, including: Monthly Magazines, Digital Newsletters, Al-Driven News Bulletins, Social Media Promotions, Website Blogs and Articles, WhatsApp Updates, Podcasts & more…
