Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Nir Barkat, Minister of Economy and Industry, Israel.

In his address, Bhansali underlined the long-standing and deeply connected partnership between India and Israel, built on decades of collaboration in the global diamond trade. He highlighted Israel’s historic and influential role as a pillar of the international diamond industry, and emphasised that this leadership remains essential for global stability and growth. He also expressed confidence that Israel will continue to play a strong and proactive role within the Kimberley Process (KP), supporting ethical, transparent, and responsible trade.

He shared encouraging trends in gem and jewellery bilateral trade, noting that imports from Israel rose by over 60% during April–September 2025, while India’s gold jewellery exports to Israel surged by more than 200%, indicating diversification beyond diamonds and improving trade stability.

Looking ahead, Bhansali noted immense potential for deeper cooperation in digital traceability, cybersecurity, advanced manufacturing, design innovation, and lab-grown diamond technology. He reaffirmed that the combined strengths of both nations—*India’s scale and craftsmanship with Israel’s innovation and precision—will shape a more resilient and future-ready gem and jewellery ecosystem.

Courtesy : AOJ Desk News