SHARJAH, eleventh January, 2023 (WAM) — The Sharjah Airport Worldwide Free Zone (SAIF Zone) has concluded its participation within the fifteenth Version of IIJS Signature Present 2023, the most important B2B gems and jewelry exhibition in India.

The exhibition passed off from fifth to ninth January on the Bombay Exhibition Centre, with the participation of greater than 2,500 exhibitor cubicles and 1,300 exhibiting firms specialising in treasured stones and jewelry.

Throughout the exhibition, Saud Salim Al Mazrouei, Director of SAIF Zone, met with Sabyasachi Ray, Government Director of the Gem Jewelry Export Promotion Council.

The assembly at SAIF Zone’s platform mentioned methods to leverage accessible funding alternatives within the gems and jewelry sector.

Each side additionally mentioned the aggressive benefits supplied by the free zone to buyers, together with state-of-the-art services and infrastructure, in addition to varied funding choices that cater to the wants of businesspeople.

The assembly additionally mentioned the promising funding alternatives accessible in Sharjah’s gold and jewelry business.

Talking on the event, Al Mazrouei mentioned, “The present is the premier occasion of its sort in India, and SAIF Zone’s participation has by no means been extra profitable, leaving a constructive impression amongst guests, notably these from India, one of many world’s largest exporters of treasured stones and jewelry.”

Al Mazrouei highlighted the significance of holding and selling direct conferences with visiting buyers to introduce them to the very important function performed by SAIF Zone, particularly with regards to supporting the gold and jewelry business within the UAE by the Gold, Diamonds and Commodities Park.

He mentioned that the park, with its superior infrastructure, international services, aggressive benefits, and distinctive logistical companies, provides a perfect funding surroundings for all these taken with investing on this business. As well as, the UAE is a significant marketplace for exports of Indian gems and jewelry, accounting for 14 % of India’s complete exports within the fiscal 12 months 2021-2022.

This quantity is predicted to extend following the signing of the great financial partnership settlement between the UAE and India, Al Mazrouei famous.