The Indian Council for the Promotion of the Export of Gemstones and Jewelry (Gem & Jewelery Export Promotion Council, GJEPC) will organize a seminar in Mumbai on February 25 and 26, titled "Trend Forecasting in the Jewelry Industry" (Trend Jewelery Forecasting Seminar). The two-day seminar aims to familiarize students and members of the jewelery and jewelry industry with the latest trends in the jewelry industry, especially concerning individual markets such as Europe and the USA. The workshop will be conducted by the internationally recognized consulting firm Trend Vision Jewelery + Forecasting, based in Italy and an independent structural unit of the Vicenza Fair.
According to the latest data, Indian exports of precious stones and jewelry in the United States for the calendar year of 2013 amounted to $ 4.793 billion, and exports to Europe reached $ 3.307 billion. This opens great opportunities for business development and determines the need for continuous development and improvement of Indian jewelry design and craftsmanship.
This initiative refers to GJEPC's ongoing efforts to educate and raise awareness of Indian producers about the latest global trends and consumer preferences.
Commenting on this event, GJEPC chairman Vipul Shah said: "Undoubtedly, Indian goods managed to create a special niche for themselves, thanks to a combination of modern design and elements of the traditional style. The US and Europe remain the main markets for Indian exports, so it is important to understand the trends prevailing in these markets. Deep knowledge of the market and attention to the interests of consumers are of great importance for trade, therefore, by organizing this seminar, GJEPC expects to increase the strategic understanding and knowledge of jewelers to further expand their presence in these markets. "