IBJA, GJEPC, GJC: India's Jewellery Bodies & Why Membership Matters

22 June 2026 · HisaabScore Team

IBJA, GJEPC and GJC are the main trade bodies of India's gem & jewellery industry. IBJA (India Bullion & Jewellers Association) represents bullion dealers and jewellers and publishes daily gold/silver rates; GJEPC (Gem & Jewellery Export Promotion Council) is the export body under the Ministry of Commerce and runs the IIJS expo; GJC (All India Gem & Jewellery Domestic Council) represents the domestic trade. Verified membership of any of them is a credibility signal.

Who's who

  • IBJA — bullion & jewellers; sets reference gold/silver rates.
  • GJEPC — exporters; runs IIJS and trade-KYC initiatives.
  • GJC — domestic gem & jewellery trade and member welfare.

Why membership matters on a reputation profile

A verified membership tells a counterparty the business is a recognised, accountable part of the trade. On HisaabScore, companies can show a verified membership badge next to their payment reputation — combining "they're a real, recognised business" with "and here's how they pay". Membership is a credibility signal, not a payment guarantee — always read the reputation too.

Frequently asked questions