The International Colored Gemstone Association’s (ICA’s) biennial Congress held its 17th edition in the Pink City, from October 21st to 24th, the second time that India has hosted the ICA event since 2003.
Jaipur is one of the most important gems and jewellery exporting cities in the world, and it has been our honour and privilege to host the ICA Congress here,” stated Rajiv Jain, chairman of the Jaipur ICA Congress.
More than 275 participants came from 25 countries, including 100 attendees from India. Speakers included world-renowned gemmologists, miners, cutters, jewellery designers, business experts and authorities on sustainability and transparency. The traditional poster competition also showcased creative graphic design related to gemstones.
The Congress kicked off with a welcome speech by GJEPC chairman, Praveenshankar Pandya, who stated that GJEPC is ready to support generic marketing of coloured gemstones. He also touched on the various laws affecting gem trading in India, such as the Goods & Services Tax (GST) and demonetisation, stressing the need for local dealers to be compliant and transparent in adopting these new rules.
Transparency, along with corporate social responsibility (CSR) and sustainability were themes evoked by a number of speakers at the Congress. First among them was Sean Gilbertson, CEO of Gemfields. After a few minutes dispelling negative rumours concerning the recent takeover of Gemfields by Pallinghurst, he talked about Gemfields’ focus on Africa and the large-scale miner’s goal of providing a consistent and reliable supply of gems. He also discussed the importance of building trust and transparency and briefly mentioned the company’s CSR policies. In terms of marketing, he said that Gemfields spends more than $50 million to get the word out about its emeralds and rubies, and that this promotion benefits the industry as a whole.
This story is from the November 2017 edition of Solitaire International.
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This story is from the November 2017 edition of Solitaire International.
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