First Ever Virtual Buyer Seller Meet for Loose Diamonds Commences

  • The meet hosted by the Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery exports, gave opportunity for buyers and exhibitors to connect and talk business over the virtual platform.
  • The key features of the VBSM are unique proprietary technology used for product profiling; augmented reality to enhance product experience and parallel viewing of the product catalogue — all these features will create a life-like simulation and ensure that communication between buyers and sellers will be through servers and therefore secure.

       Some of the salient features of this Virtual Buyer Seller Meet are:

  • Cloud storage for secure online trading; buyer-seller matching
  • Optimal choice for buyers and sellers to choose gamut of options exhibited by the exhibitors
  • Life-like experience simulation
  • Since the format is virtual, no physical contact and conduct business from home or office
  • Watertight parameters for trustworthiness
  • Enhance networking opportunity
  • GJEPC will assist in creating product catalogues or directories of high-resolution images for exhibitors on the Council’s VBSM website
  • Buyers will be able to search specific product types to find the exact merchandise they need
  • The GJEPC website will make it easy for the buyer to view online product directory, even during live video meetings
  • For the live one-on-one meetings between the buyer and seller, GJEPC will provide high-end cameras for product viewing during the interaction from the exhibitor’s office.
  • Gem & Jewellery Export Promotion Council (GJEPC) is an organisation set up by the Government of India (GOI) with aim to promote the Indian gem and jewellery industry and its products.
  • The GJEPC was established in 1966 by the Ministry of Commerce and Industry (India), it was one of several Export Promotion Councils started by the Government.
  • It has its headquarters in Mumbai and Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur.
  • The GJEPC was granted an autonomous status in 1998, it is the apex body for the gems and jewellery industry of India and represents almost 7,000 exporters.
  • The Council presents issues to the Government and recommends policy intervention.