Thai Gem and Jewelry Traders Association (TGJTA) is advancing its "Gemports" quarterly colored gemstone market report onto the global stage. Recently, Mr. Atul Jogani, Vice President of the TGJTA, led efforts to build understanding and seek partnerships in the Indian market, positioning Gemports as a key tool for establishing standards and transparency within the industry.
On Saturday, November 8, 2025, a primary meeting to introduce the "Gemports" project was held at the office of The India Bullion and Jewellers Association (IBJA). Mr. Atul Jogani, Vice President of the TGJTA, representing leading Thai organizations, effectively led the meeting, presenting the vision and benefits of Gemports to Indian traders.
"Gemports" is not merely a list of gem prices; it is a sophisticated, data-driven framework. By systematically collecting and analyzing price data, Gemports provides a clear and accessible benchmark for the value of colored gemstones based on their specific characteristics.
The meeting was met with an excellent reception. Mr. Kanhaiya Kumar, Treasurer of IBJA and a prominent Indian colored stone trader, strongly advocated for Indian traders and provided valuable perspectives. Furthermore, colored gemstone traders from Mumbai actively participated and showed their strong support for the Gemports project.
To build confidence and address inquiries directly, the meeting was also attended remotely by Mr. Somchai Phornchindarak, President of The Gem Jewelry and Precious Metal Association Confederation of Thailand, and Mr. Chomphol Phornchindarak, President of the Thai Gem and Jewelry Traders Association (TGJTA). They joined the session to answer questions and assure the Indian traders.
This initiative to promote Gemports in the Indian market marks a significant step for Thailand in establishing global standards and transparency in the colored gemstone trade, which is expected to enhance the credibility and stability of the entire industry.
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