India and Thailand sign key MoUs to enhance jewellery trade ties at Bangkok Gem and Jewelry Fair

The MoUs aim to enable joint research, enhance knowledge exchange and foster new avenues of collaboration between India and Thailand

Bangkok: A high-level delegation from India comprising representatives of the Gem and Jewellery Export Promotion Council (GJEPC), Jewellers Association Jaipur and Sitapura Gems and Jewellery Industry Association, visited the Bangkok Gem and Jewelry Fair (BGJF) from February 22 to 24, 2025 to explore joint avenues of work in the jewellery sector, and foster long-term industry collaboration. Three Memorandums of Understanding (MoUs) were signed by the delegation with players in the Thai jewellery industry at a ceremony on the opening day of the BGJF.

The MoUs signed were between GJEPC’s Indian Institute of Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) and GIT Thailand; Jewellers Association Jaipur and Chanthaburi Gem and Jewellery Traders Association; and Sitapura Gems and Jewellery Industry Association (SGJIA) and Thai Silver Exporters Association (TSEA).

Talking about the MoU between IIGJ-RLC and 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 Agarwal also invited Thai associations to participate in the upcoming International Gem & Jewellery Show in Jeddah (Saudijex) this September, proposing a dedicated Thai Pavilion.

Commenting on the MoU between Jewellers Association Jaipur and Chanthaburi Gem & Jewelry Traders Association, 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.”

Speaking about the MoU between Sitapura Gems and Jewellery Industry Association and Thai Silver Exporters Association, 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.”

In a meeting with the Gem and Jewelry Institute of Thailand (GIT), a public organization under Thailand’s Ministry of Commerce, discussions centred around streamlining laboratory processes on both sides, achieving mutual recognition of certifications, developing joint skilling courses, and facilitating student and faculty exchange programmes.

The delegation also 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. With the Thai Silver Exporters Association (TSEA), 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.

The delegates from India extended an invitation to Thailand to participate in key jewellery shows such as the IIJS Mumbai, JAS and JAGS Jaipur, while also inviting a buyer delegation from Thailand to participate in these shows in India.

Retail Jeweller India News