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  • From left to right, GJEPC executive director Sabyasachi Ray, vice chairman Kirit Bhansali, chairman Vipul Shah, and outgoing chairman Colin Shah.

New Chairman Elected at India’s GJEPC


The Gem & Jewellery Export Promotion Council (GJEPC), the governmental body that supports the diamond and jewellery trade in India, has elected Vipul Shah as the new chairman.


Vipul Shah, GJEPC’s former vice chairman for the 2020-22 term, took charge as the chairman of GJEPC for the tenure of September 2022- September 2024.


He was previously the chairman for the 2012-2015 term, and helped organise GJEPCs first World Diamond Conference. He also implemented the policy of rotating board members.


I feel privileged and energised to return to the role of GJEPC chairman in these exciting times,” said Vipul Shah. “The Indian gem and jewellery industry is at the start of yet another growth phase and is set to achieve the governments export target for our sector, of $45.7 billion in FY 2022-23. There are tremendous opportunities for growth ahead of us.”


Kirit Bhansali of Smital Gems was elected as the new vice chairman of GJEPC. He said: “We have put the turbulent two years behind us, and as we emerge into the new era post the pandemic, GJEPC, through its continued leadership, will help take this industry into a new phase of growth, dynamism, and prosperity.”





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