GJEPC and India International Bullion Exchange (IIBX) conducted two back-to-back outreach programmes on gold bullion procurement in Ratlam and Indore, Madhya Pradesh, in partnership with local Sarafa associations, as part of its ongoing effort to improve sourcing awareness and export readiness among MSME jewellers.
In Ratlam, the session was organised in association with the Ratlam Sarafa Association and attended by around 80 retailers. The programme was graced by Jhamak Bhargat, President; Rambabu Sharma, Secretary; and Sanjay Chajed, Treasurer of the association. Bipin Panchal, AVP, IIBX, explained the process of importing gold bullion through IIBX and outlined the operational and cost advantages available to eligible participants.
The Indore session, organised with the Sarafa Association Indore, saw participation from nearly 50 retailers and manufacturers. Panchal shared detailed insights on bullion imports under the TRQ quota, including eligibility criteria and step-by-step import procedures. The programme was attended by Basant Soni, Secretary; Kamal Kothana, Communications, and Ashok Sharma, Board Member of the association.
Across both sessions, GJEPC officials highlighted the benefits of Council membership and encouraged participants to explore export opportunities through exhibitions and digital channels. Retailers were briefed on participation in IIJS and international buyer platforms such as IJEX Dubai, SAJEX and IGJS Jaipur, alongside e-commerce enablement for market expansion.
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