India Launches SAJEX 2025 in Jeddah to Boost Jewellery Trade

In a landmark move to deepen bilateral trade and expand India’s global presence in the jewellery sector, the Gem & Jewellery Export Promotion Council (GJEPC) has launched the Saudi Arabia Jewellery Exposition (SAJEX) 2025 in Jeddah. The event, organized with support from the Consulate General of India in Jeddah, the Indian Embassy in Riyadh, and the Ministry of Commerce & Industry, marks a major initiative to strengthen India’s jewellery exports to Saudi Arabia and the wider GCC.

Event Details and Scope

SAJEX 2025 is being held at the Jeddah Superdome from September 11–13. The event boasts,

  • 200+ exhibitors
  • 250 booths
  • 2,000+ international buyers and business visitors

Exhibitors will showcase a wide array of offerings, including,

  • Diamond and coloured gemstone jewellery
  • Bridal collections
  • Gold jewellery in 18k, 21k, and 22k
  • Lab-grown diamonds
  • Jewellery-making technology and innovation

This diversity reflects India’s status as a global leader in gem processing and design, as well as its ambition to expand influence in the luxury and lifestyle markets of the Middle East.

India’s Jewellery Industry: A Global Powerhouse

India exported $32 billion worth of gems and jewellery in FY 2024–25, maintaining its global leadership across multiple segments,

  • 65% of global diamond value, processing over 1 billion diamonds annually
  • 92% of diamond trade by volume
  • Leading exporter of gold, silver, coloured gemstones, and lab-grown diamonds
  • The sector attracted a 315% surge in FDI in FY 2024–25, contributing to India’s $50 billion total FDI inflow. This growth reinforces India’s appeal as both a production base and innovation hub in the jewellery value chain.

Saudi Arabia: A Growing Market Under Vision 2030

  • With a $1.1 trillion GDP, Saudi Arabia is the Gulf’s largest economy and an increasingly important player in luxury, retail, and tourism. Under Vision 2030, its diamond and gold jewellery market is projected to grow from $4.56 billion in 2024 to $8.34 billion by 2030, at a CAGR of 10.6%.
  • SAJEX 2025 aims to tap into this momentum, helping position Saudi Arabia as a regional jewellery hub while reinforcing India’s strategic trade role.

Key Takeaways

  • Event: SAJEX 2025
  • Location: Jeddah Superdome, Saudi Arabia
  • Dates: 11–13 September 2025
  • Organizers: GJEPC, Indian Consulate (Jeddah), Embassy (Riyadh), Commerce Ministry
  • India’s Exports (FY 2024–25): $32 billion in gems and jewellery
  • Saudi Jewellery Market Growth: $4.56B (2024) → $8.34B (2030), CAGR 10.6%
Shivam

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