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GJEPC signs MoU with MIDC for India’s largest jewellery park in Mumbai
In yet another landmark step, The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of Indian Gem & Jewellery Industry has signed a Memorandum of Association (MoU) with Maharashtra Industrial Development Corporation (MIDC) to establish India’s largest...
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GJEPC elects Pramod Kumar Agarwal Chairman, Colin Shah Vice-Chairman
Pramod Kumar Agarwal has been elected as the Chairman and Colin Shah has been elected as the Vice Chairman of GJEPC for the period of 2018 to 2020.Thanking the industry and GJPEC members for electing him, the new GJEPC...
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GJEPC urges Govt to reconsider GST on rough diamonds
Gem and Jewellery Export Promotion Council (GJEPC) urged the Government to reconsider its decision to tax rough diamonds under the GST, saying that such a move was a 'retrograde' step.
Diamonds are the key raw material for gems and jewellery...
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Gems, jewellery export to grow about US $42 billion this fiscal: GJEPC
Higher demand in the Middle-East and South-East Asia could help India's gems and jewellery export grow this fiscal to about US $42 billion, an export promotion body said today.
In 2016-17, the export totalled at around US $36 billion.
According to...
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GJEPC to team up with Commerce Ministry to work on Udupi gold craft centre
The Gems and Jewellery Promotion Council (GJEPC) is teaming up with the commerce ministry to set up a gold craft and design institute at Udupi in Karnataka in an effort to reskill local freelance artisans.
According to a PTI report:...
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Gems, jewellery exports to rise 10 pc in FY17
Gems and jewellery exports are likely to witness a growth of about 10 per cent this fiscal due to increasing demand in the US and Europe, according to the industry's apex trade promotion body.
"We are seeing the markets improve slowly,...
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GJEPC seeks exemption for GJI export transactions, minimal GST for domestic transactions
Gem & Jewellery Export Promotion Council (GJEPC), in a representation filed on behalf of the entire gems and jewellery industry, has reiterated that the industry is completely supportive of India’s move towards Goods & Services Tax (GST), and is...
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Narendra Modi urges G&J sector to create Make in India brand
The Prime Minister Narendra Modi has urged the members of gems and jewellery sector to step up to the next level and create "Make in India" Brand.
Speaking at a felicitation programme organized by GJEPC, GJF and AIJAC, PM assured...
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Cursory view on Jewellery, watch and fashion retailing
The Indian Gems and jewellery market is robust. With a market size estimated in the region to be around of `3 lakhs crore per annum. The sector is the second highest employer after the IT industry. It employs roughly...
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Silver, the New Gold
The gems and jewellery industry plays an important part in the Indian economy, constituting almost 5–6 per cent of the overall GDP. Today, the overall market stands at Rs. 4,50,000 crore of which the domestic market is estimated at...
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Sebi proposes safe, efficient UPI payment mechanism for registered intermediaries
The Securities and Exchange Board of India (Sebi) has sought public comments on the proposals by February 21New Delhi:...
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