India has also initiated SAJEX 2025 (Saudi Arabia Jewellery Exposition), in Jeddah to intensify its trade in jewellery with Saudi Arabia and GCC nations. The event shows off the fact that India is a world leader in gem and jewellery exports and seeks to increase its market share in the Middle East luxury market.
Dates: 11–13 September 2025
Venue: Jeddah Superdome, Saudi Arabia
Organizers:
Gem & Jewellery Export Promotion Council (GJEPC)
Indian Consulate, Jeddah
Indian Embassy, Riyadh
Ministry of Commerce & Industry
Scale:
200+ exhibitors
250 booths
2,000+ international buyers and business visitors
Exhibits Include:
Diamond and coloured gemstone jewellery
Bridal collections
Gold jewellery (18k, 21k, 22k)
Lab-grown diamonds
Jewellery-making technology and innovation
India’s Jewellery Industry
Global Share:
65% of global diamond value (processing over 1 billion diamonds annually)
92% of global diamond trade by volume
Exports FY 2024–25: $32 billion
FDI Growth: 315% surge in FY 2024–25, contributing to $50 billion total FDI inflow
India is a leader in gold, silver, coloured gemstones, and lab-grown diamonds, reinforcing its status as a production and innovation hub.
Saudi Arabia Market Potential
GDP: $1.1 trillion, largest in the Gulf region
Jewellery Market: $4.56B (2024) → $8.34B (2030), CAGR 10.6%
Vision 2030: Focus on luxury, retail, and tourism growth
SAJEX 2025 Objective: Position Saudi Arabia as a regional jewellery hub and reinforce India’s strategic trade role
Fact |
Details |
Event |
SAJEX 2025 |
Location |
Jeddah Superdome, Saudi Arabia |
Dates |
11–13 September 2025 |
Organizers |
GJEPC, Indian Consulate (Jeddah), Indian Embassy (Riyadh), Commerce Ministry |
India’s Exports FY 24–25 |
$32 billion (gems and jewellery) |
Saudi Market Growth |
$4.56B → $8.34B by 2030 (CAGR 10.6%) |
Shows India’s economic diplomacy and trade expansion in the Gulf. Highlights India’s leadership in the global gem and jewellery value chain. Demonstrates alignment with Vision 2030 markets and strategic FDI promotion.