Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local economy. This initiative aligns with Saudi Arabia’s Vision 2030 and India’s Viksit Bharat Vision 2047, fostering growth and collaboration between our two nations.
SAJEX 2025 reinforces India’s prominent role in the global gem and jewellery industry. With strong backing from the Ministry of Commerce and Industry, the Embassy of India in Riyadh, and support from Saudi Arabian government bodies, this event promises to reach new heights.
The ecosystem is brought closer to home by SAJEX, fostering creativity and collaboration. The youth are recognised as incredibly talented, dedicated, and full of potential, but the right support—educational, industrial, and more—is needed to unlock it. India’s deep expertise and experience in this industry are regarded as the ideal resources to help build that infrastructure. Together, we can create new opportunities, open pathways, and empower a new generation of designers to achieve their dreams.
RETAIL & MANUFACTURING: Co-creating the Future of Jewellery for the GCC Consumer:
• Saudi Arabia is transforming rapidly under Vision 2030, with a young population driving change and new opportunities in the jewellery market.
• Culture and tradition are central. Success for Indian retailers in Saudi depends on respecting local preferences in design, size, motifs, and cultural nuances.
• With women’s empowerment and social reforms, the market is evolving fast. Saudi Arabia’s jewellery market could reach US$8 billion within five years, provided strong partnerships are built beyond simple B2B transactions.
• Trust is critical. Indian retailers entering Saudi must build it from the ground up through transparency, cultural sensitivity, and tailored product offerings.
• Saudi Arabia offers a full spectrum of market segments — from affordable jewellery for worker communities to premium collections on the lines of Italian luxury brands catering to the well-heeled.
• The Kingdom’s exposure to global luxury and adoption of technology make it poised to become the region’s next great jewellery hub, much like Dubai’s rise 25–30 years ago.
• Manufacturing presents a strong opportunity for India to collaborate, as Saudi Arabia is already the largest jewellery market in the Gulf.
• To succeed, companies must understand Saudi regulations, licensing, and compliance requirements, while patiently adapting to Arabic styles and consumer expectations.
