The Commerce Ministry Confident the Fair Will Boost Gems and Jewelry Trade
The GJEPC, the apex council for the gems & jewellery industry releases a statement on PNB fraud; whille expressing its faith in the Indian banking system, the statement also places onus on the banking system for having neglected an irregularity of this magnitude for such a long period.
The Gem Jewellery Export Promotion Council (GJEPC) opened a development centre to train students in latest technology and upgrade skills of artisans who are already part of the industry.
Shares of Gitanjali Gems fell up to 19 per cent in morning trade after the company came under the scanner of various investigating agencies following the Punjab National Bank's declaration of nearly Rs 11,400-crore fraud.
The All India Gems & Jewellery Trade Federation (GJF) has unanimously elected Mr. Anantha Padmanaban as its Vice Chairman. Mr. Padmanaban is currently Zonal Chairman – South and he is the Managing Director of NAC Jewellers, Chennai.
Tanvi Gold Cast LLP is a new branding partner of SWAROVSKI GEMSTONES™
Welcoming the Budget, the gems and jewellery industry said positive focus on the rural economy and estimated growth of GDP to 7.2-7.5 per cent will boost demand.
While announcements for gold seemed positive, the industry mourns the Government’s decision to increase customs duty to 5 per cent on polished diamonds as well as gemstones.
Economic Survey today suggested steps such as creation of multiple jewellery parks to boost exports and job opportunities in the gems and jewellery sector.
Renowned Jewellery brand, Aisshpra Gems & Jewels celebrates the dawn of summer with an extensive range of lightweight jewellery, inspired by the seasonal vibes.
Fura Gems has completed its acquisition of 76% of the issued and outstanding shares of Esmeracol S.A.
The Indian Institute of Gems and Jewellery (IIGJ), Varanasi, an educational venture of the Gems and Jewellery Export Promotion Council (GJEPC) starts its maiden operation in the historical city of art and culture, Varanasi.
GJF had conjured an evening comprising an elegant mix of fashion, style and glamour to showcase the multifaceted creativity of the Indian handcrafted jewellery.
Taking inspiration and set against this white landscape, this sublime and majestic sight, Jaipur Gems has crafted a line of stunning, awe inspiring luxe jewels in White Diamonds.
Policy changes last year created a lot of upheavals in the Indian gems and jewellery
industry. A good medicine tastes bitter; likewise, the policies may have caused
a short-term mayhem in the industry, however, the gradual transition with GST is
meant to do good in the long term. It’s definitely a move towards more transparent
and organized way of doing business. By Kavita Parab
The commerce ministry is working on a package in consultation with the gems and jewellery industry to boost export and create jobs in this labour intensive sector, Union minister Suresh Prabhu has said.
Forevermark and Manek Gem Art International, two stalwarts of the jewellery world, who have been long associated and identified for their extraordinary work of art and flawless craftsmanship, had organised a press meeting in Goa.
Let your gems speak this party season.
The Dal Lake collection is set in 18K rose and yellow gold with lustrous rubies and evergreen emeralds with white flawless diamonds.
The 4-day conclave witnessed discussions about various important issues relating to mining,
consumer confidence, sustainability and of course potential market segment i.e. millennials,
reports Kavita Parab.
Renowned Jewellery brand Aisshpra Gems & Jewels exudes the glamour of red-carpet in its Cocktail Collection.
With delegates discussing about growth triggers in different aspects such as mining, creating demand, boosting consumer confidence and so on, the ICA Congress has shed light on the potential of coloured gemstone industry of India.
With the Bridal season just around the corner, grand inspirations and intimate moments come together, creating special memories worth framing for a lifetime.
Aisshpra Gems & Jewels embody the nuances of romanticism in Rangrays, an eminent festive collection.
Aisshpra Gems & Jewels launched ‘Wall of Change’ initiative, an extension to the Swachh Bharat Abhiyan.
Over 30,000 visitors and over 500 booths of Gemstone, Jewellery and related products to be seen at the show.
The industry welcomes Government’s move of exempting the e-way bill after GJF’s representation of the problem.
The regulator under PMLA issues guidelines and prescribes measures to establish client identity in different transactions.
Aisshpra Gems & jewels narrate an epic folklore with ‘Katha’ a temple Jewellery collection for the Bridal season.
The campaign is dedicated to promote national defense effort amongst the people wherein the entire family will be donating donate Rs. 1 or more each day for 365 days and the collected fund will be donated to ‘Indian Army Welfare Fund’.
Multi-store jewellery house Aisshpra Gems and Jewels launches ‘Nazakat’, a Bridal collection for the Demure Indian Bride.
The collection has been designed to keep the luscious colours of the gemstones alive and
therefore have been left cabochon or non-faceted.
Indias gems and jewellery exports rose by over 11% to USD 6.78 billion during the first two months of the current fiscal, largely driven by demand in major markets like the US.
You can be duped easily when you're buying gemstones. Be aware of check points before making the purchase, say experts.
Three Indian companies — Gitanjali Gems, Titan and PC Jeweller — have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.
Baselworld 2017 witnessed plenty of gold and an outburst of colourful gemstones apart from the usual fare of diamonds. As usual, designs exhibited a sense of eccentricity, breaking free from the realm of tradition, though most of them were practical in terms of form and wearability. Here is a roundup of jewellery that really caught our attention this year. By Vijetha Rangabashyam.
After PM Narendra Modi’s pep talk about ‘Design in India’ and how India should be Number One in gems and jewellery, Indian exporters are all geared up to hit $60 billion worth of exports in the next 5 years. Given the current climate, this could be a tall order. There is no dearth for inspiration in this country that has had a longstanding heritage when it comes to craftsmanship. We have a strong foundation in jewellery manufacturing and the industry currently employs 4.5 million skilled and semi-skilled workers across India, but we are meeting only 10 per cent of the global demand. If our forte lies in jewellery making, why is India not playing to its strength? Where is the industry lacking and what should it be doing to be on top? Explores Vijetha Rangabashyam
Higher demand in the Middle-East and South-East Asia could help India’s gems and jewellery export grow this fiscal to about USD 42 billion.
GJSCI conducted its 4thedition of ‘Jewel Talks’, a monthly interactive platform between both industry experts and aspirants pursuing a career in the gems & jewellery industry.
“Labham” – an educational seminar on compliance & best business practices for the gems & jewellery trade to be organized by GJF today in Mumbai.
G&J exports account for 15.71% of the country’s total exports in FY17.
Right from the supreme variety of Swarovski bangles, diamond earrings, pendant sets to floral rings, gorgeous women can avail anything from it.
A stylistic choice embracing alternating with a mix of all-over and colour-block enhanced by Floral designs.
All India Gems & Jewellery Trade Federation seeks GST of 1.25 per cent for the gems & jewellery sector
The aim behind this initiative is to uplift the karigars of gems & jewellery industry in India.
Income tax for small companies with an annual turnover of Rs 50 crore, now to pay 25%, a 5% reduction; 96% Indian companies will get benefit of MSME tax cut.
The recommendations include increasing PAN card limit at Rs. 5 lakh and above, GST at 1.25 per cent, etc.
Being the premier jewellery destination of Uttar Pradesh, the brand revamps itself with a vision to become a jewellery house that stands true to its legacy of transparency, integrity and ethics, and yet evolving to the meet the needs of the new age con
Founder and Chairman of the company, Arun Kaigaonkar has been one of the notable personalities of Indian gems and jewellery fraternity.
The Indian gems and jewellery industry is hoping that the forthcoming budget would be more industryfriendly,which would lead to further growth of the industry. Kavita Parab spoke to few industry playersto know their views on the forthcoming budget.
Sreedhar GV, Chairman, All India Gems & Jewellery Trade Federation (“GJF”) Statement on move to encourage jewellers to go cashless
The Jewels Talk was another initiative by GJSCI where students got to learn about the Gems and Jewellery sector from the professionals, which will help the future guns to cop up the hurdles and master in this sector.
The onset of buying season (mostly festive and wedding season) is the most crucial season for the gems and jewellery industry. During this time, the industry is in a hurry to either place orders for stocking or for restocking. However, a lot of plannin
Though export market and large diamantaires in the organised sector may not be impacted much, small and medium players, carrying out local trade and sourcing, are expected to feel the pinch of currency recall exercise, it pointed out.