Bhansali emphasized a forward-looking vision for the sector, focusing on strategic initiatives such as the India Jewellery Park in Mumbai and the Gem Bourse in Jaipur. He highlighted plans to expand India's global footprint through international platforms like Saudijex in Saudi Arabia and IJEX Dubai, aligning efforts with the nation’s goal of achieving USD 100 billion in exports by 2047.

Parikh expressed his gratitude for the opportunity, underlining the importance of infrastructure growth, skill development, and adherence to global standards. He reaffirmed GJEPC’s commitment to collaborating with the government to foster policies that bolster industry growth and enhance global competitiveness.

The newly appointed Committee of Administration includes key industry leaders:

• Kirit Bhansali – Chairman

• Shaunak Parikh – Vice Chairman

• Khushboo Ranawat – Regional Chairperson (Western)

• Pankaj Parekh – Regional Chairperson (Eastern)

• Antar Pal Singh – Regional Chairperson (Northern)

• Jayantibhai N. Savaliya – Regional Chairperson (Gujarat)

• Mahendra Kumar Tayal – Regional Chairperson (Southern)

• Plus additional COA members and Govt. Nominee: Siddharth Mahajan (Ministry of Commerce & Industry)

Bhansali, a partner at Smital Gems, brings extensive experience in industry leadership, having previously served as chairman of the Indian Institute of Gems and Jewellery (IIGJ). Parikh, a director at Mahendra Brothers Group, has played a pivotal role in shaping the industry’s financial and strategic landscape, with notable contributions in banking, taxation, and international exhibitions.

With this leadership transition, GJEPC aims to strengthen India’s standing as a global hub for gem and jewellery exports while driving industry-wide innovation and sustainable growth.