
hri Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), was part of the high-powered Indian business delegation led by Shri Piyush Goyal, Honourable Union Minister of Commerce & Industry, during the India–Israel CEO Forum held in Tel Aviv on 20th November 2025. The visit marks the first time in many years that an Indian Commerce Minister has travelled to Israel, signalling a renewed momentum in bilateral cooperation across sectors—particularly gems and jewellery, a cornerstone of India–Israel economic relations. The Forum was inaugurated by Shri Piyush Goyal alongside Israel’s Minister of Economy and Industry, Mr. Nir Barkat, marking what both leaders described as “a new era of friendship and opportunity” between the two nations. Shri Bhansali also met Minister Barkat during the visit and discussed avenues for strengthening cooperation in areas such as responsible diamond sourcing, innovation-led manufacturing, and digital transformation of the supply chain. Reflecting on Minister Goyal’s leadership during the visit, Shri Bhansali said, “Shri Piyush Goyal’s historic visit to Israel has opened new doors for deeper collaboration in trade, technology, and investments. His message of trust, innovation, and shared opportunity resonates strongly with our industry. The gem and jewellery sector is committed to deepening our long-standing partnership with Israel to advance a future-ready, transparent, and technologically advanced supply chain.”




