Available Exclusively for the eBay Seller Community in India

eBay India Partners with IGI to Boost Trust and Authenticity in Global Jewelry Exports

(Mumbai, August 5th, 2020): In a significant move to strengthen India’s position in the global gems and jewelry market, eBay India has announced a strategic partnership with the International Gemological Institute (IGI). This collaboration introduces the exclusive Gems and Jewelry Certification Program (GJCP) for eBay’s Indian seller community, aiming to elevate trust and authenticity for fine jewelry products exported worldwide. IGI, globally recognized as the largest organization of its kind, is a highly respected authority renowned for certifying the widest array of gemstones and jewelry with unparalleled precision and integrity.

Driving Precedence in India’s Jewelry Exports

The newly launched Gems and Jewelry Certification Program (GJCP) is meticulously designed to empower India’s vibrant jewelry industry. By facilitating the certification of fine jewelry products, eBay aims to solidify its platform as the premier global destination for authentic and high-quality jewelry. This initiative provides Indian sellers with a distinct competitive advantage, enabling them to offer IGI-certified products at highly competitive prices, an exclusive benefit tailored specifically for the eBay seller community domiciled in India. This program is set to not only bolster the confidence of global buyers but also significantly expand the market reach for Indian artisans and manufacturers.

A Commitment to Transparency and Buyer Confidence

Commenting on this landmark collaboration, Mr. Vidmay Naini, India Country Manager at eBay, emphasized the core objectives behind the partnership. “At eBay, our unwavering mission is to equip our sellers with every possible avenue to reach and win over a broader global customer base, simultaneously ensuring that international customers have access to products of the highest quality. Our association with IGI marks a pivotal step in realizing this vision,” Mr. Naini stated.

He further elaborated on the critical role of authenticity in the digital age. “Transparency and verified authenticity are paramount considerations for consumers when making a significant purchase like fine jewelry. In today’s dynamic retail landscape, where a substantial portion of transactions now occur on e-commerce platforms, consumers rightfully expect and demand irrefutable authenticity in their purchases. The certification of diamond jewelry and loose stones through a globally respected entity like IGI will undoubtedly cultivate a deeper sense of confidence, benefiting both buyers and sellers across the eBay marketplace.”

Mr. Naini also highlighted the positive momentum already witnessed in related categories, adding, “The ‘Loose Diamonds & Gemstones’ category has experienced robust growth in recent quarters, particularly following the successful introduction of the GJEPC certification program. Our strategic approach at eBay INCBT (India Cross Border Trade) has consistently focused on meeting the escalating demand for higher-priced gemstones while simultaneously building invaluable trust among global buyers through comprehensive certification. We are fully committed to expanding upon this successful foundation throughout 2020 and beyond, ensuring sustained growth and reliability for our seller ecosystem.”

IGI: The Global Standard for Gemological Trust

Mr. Tehmasp Printer, Managing Director at IGI, shared his enthusiasm for the partnership, stating, “We at IGI view this significant association with eBay as the dawn of a truly revolutionary consumer experience in the online jewelry sector. With the assurance of IGI certification, customers can now confidently purchase their exquisite jewelry online, knowing that each piece has been meticulously validated and graded according to the most stringent internationally acclaimed standards and practices. Our team at IGI is incredibly excited to empower eBay buyers with our world-class services, bringing an unprecedented level of trust and security to their online purchasing journey.”

Seamless Certification for Indian eBay Sellers

The Gems and Jewelry Certification Program is designed to be straightforward and accessible for eBay sellers domiciled in India. Participating in this beneficial program can be achieved in three simple steps:

1. Sell Gemstone and Fine Jewelry Items on eBay: Sellers list their high-quality gemstone and fine jewelry products on the extensive eBay global marketplace, reaching millions of potential buyers worldwide.
2. Apply and Obtain IGI Certification: Once an item is sold, sellers can easily apply for and obtain an official IGI certification for their fine jewelry pieces. This step ensures that the product meets international standards of quality and authenticity.
3. Ship Certified Items with IGI Certificate: Upon receiving the IGI certificate, sellers then ship the certified fine jewelry items directly to the buyers, accompanied by the official IGI certificate. This guarantees that buyers receive verifiable proof of authenticity and quality.

For more comprehensive details and to begin utilizing this transformative program, sellers are encouraged to visit: https://bit.ly/GemsAndJewelryCertification

The Global Significance of Indian Jewelry Exports

The Indian jewelry industry holds a place of immense prominence on the eBay platform, having demonstrated consistent and impressive growth in recent years. This sector stands as a shining testament to India’s capability in achieving and maintaining international competitiveness. Leveraging real-time insights into dynamic global market demands, eBay-INCBT has been instrumental in enabling some of India’s most distinguished diamond jewelry manufacturers and exporters. These sellers consistently offer cutting-edge designs, superior quality diamonds, and the unique advantage of free customization, all at highly competitive price points for a worldwide audience. This program further reinforces eBay’s dedication to nurturing this vital industry.

eBay’s operational philosophy is deeply rooted in understanding and addressing the concerns of both buyers and sellers. The introduction of IGI certification provides a globally recognized standard of excellence for diamonds and loose stones originating from India. This commitment not only adds significant impetus to the platform’s dedication to quality assurance but also solidifies India’s reputation as a reliable source for authentic and high-grade jewelry in the international market, fostering long-term trust and business relationships.

About eBay

eBay Inc. stands as a global commerce trailblazer, orchestrating connections between millions of passionate buyers and sellers across a vast network of 190 countries worldwide. With an extraordinary inventory exceeding 1.4 billion live listings at any given moment, eBay offers an unparalleled selection of products. The eBay marketplace reported an impressive $90.2 billion in Gross Merchandise Volume (GMV) and generated $10.7 billion in revenue for Fiscal Year 2019, underscoring its immense scale and economic impact.

In India, eBay’s strategic focus is unequivocally directed towards driving robust cross-border trade. It serves as a vital platform, specifically designed to empower Indian Micro, Small, and Medium Enterprises (MSMEs) and talented artisans, enabling them to significantly expand their market reach to a global clientele. The cross-border trade division in India proudly boasts a vibrant community of over 100,000 registered sellers, collectively presenting more than 16.8 million unique product listings to the world. eBay is tirelessly dedicated to cultivating a resilient and supportive ecosystem for Indian sellers. This commitment includes facilitating access to the requisite skills, comprehensive knowledge, and essential tools needed to confidently undertake retail exports, thereby presenting them with an extraordinary opportunity to connect with millions of discerning buyers across the globe and thrive in the international marketplace.

To discover more about our initiatives and how to join our thriving seller community, please visit our Seller Center Website: https://sellglobal.ebay.in

About IGI

For over four decades, the International Gemological Institute (IGI) has been a cornerstone of trust and expertise within the fine jewelry community and among consumers globally. IGI is celebrated for providing an exhaustive suite of services, ensuring the integrity and value of precious items. These services encompass independent diamond grading reports, comprehensive colored stone reports, detailed identification and appraisal reports, meticulous diamond authentication and attestation of origin, and advanced laser inscription services. Additionally, IGI issues traditional jewelry identification reports, providing a complete documentation package for every piece.

Irrespective of geographical location or marketplace dynamics, an authentic IGI Laboratory Report serves as the universally recognized language of trust and unwavering confidence in the complex and nuanced world of gemology. Its consistent application of stringent international standards ensures that every certified gem or piece of jewelry reflects its true quality, origin, and characteristics, making IGI an indispensable partner for both industry professionals and informed consumers seeking peace of mind in their valuable acquisitions.