At present, the domestic gems and jewellery sector is estimated at USD 75 billion.
Around 600 jewellers/manufacturers from across India have so far registered for the conclave.
GJEPC to organize India Pavilion at UBM’s June and September Hong Kong Jewellery & Gem Fair 2018.
The RBI ban on Letter of Undertaking (LoU) as a trade finance instrument, will not have much impact on the gems and jewellery industry in West Bengal, but a hike in bank's credit margin may hurt the business, a GJEPC official said.
According to All India Gem and Jewellery Domestic Council's zonal Chairman Shankar Sen, there are around 500 hallmarking centres across the country at present and 70 per cent of these are located in metropolitan cities.
Third CFC in Gujarat is to be made operational by GJEPC after Visnagar, Palanpur
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 proposed Jewellery Park will be established in Navi Mumbai. An MoU to this effect was signed between GJEPC & MIDC at the ongoing Convergence, ‘Magnetic
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.
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.
Renowned jewellery designer Shaheen Abbas launched her accessory label 'Flower Child' with her maiden collection ‘Oro Crudo’ at decor destination, Cottons & Satins, the Worli store.
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.
IBJA Governing Board in its meeting held on 23rd January, 2018 has unanimously decided to appoint Mr. Mohit Kamboj as its New President.
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.
The commerce ministry has pitched for reduction in import duty on gold in the forthcoming Budget with an aim to promote gold jewellery exports, a senior government official said.
The Indian bullion dealers and jewellers have requested the government to begin gold accumulation schemes through post offices.
Other elected members include, Ashok Seth Regional Chairman Northern Region, Diamond Panel members include Manish Jivani, Milan T Choksi, and Sanju Kothari
She has over 20 years of experience spread across Marketing, Operations and Communications.
GJF presents the bigger and better avatar of its eagerly awaited business networking event - The Preferred Manufacturer of India (PMI) in Pune from 8th to 10th January 2018 at the J W Marriott Hotel.
Traders from India as well as abroad are rooting for their favourite contenders
Gems and jewellery exports saw a 4.8 per cent dip at USD 22.43 billion during April- November this year owing to demand slowdown in major markets, including the US.
Over 700 exhibitors are participating in the show this year
Nominations for Vice Chairman & Chairman have been received and the voting process will commence in January.
The Middle East’s premier jewellery and watch exhibition, Jewellery Arabia, is set to return to the Bahrain International Exhibition and Convention Centre from 21 – 25 November 2017.
The Taiwan Jewellery & Gem Fair 2017, Taiwan's premier international B2B jewellery trade show, is being held from 3 to 6 November at Taipei World Trade Center.
Chairman Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala.
The 2017 "Taiwan Jewellery & Gem Fair" will be held from 3-6 November at Taipei World Trade Center, Hall 1.
Gems and jewellery export decreased 8.12 per cent to USD 13.5 billion during April- August this year, data from the GJEPC showed.
Over 1000 trade visitors from across the country
The exclusive B2B show was inaugurated by Manoj Dwivedi, Joint Secretary, Ministry of Commerce and Industry, Government of India.
The exclusive B2B show is to be inaugurated by Manoj Dwivedi, Joint Secretary, Ministry of Commerce and Industry, Government of India.
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.
IIFJAS in its 11th year amazed the ultimate fashion destination Mumbai, with its grandness. It was a an elaborated bonanza for fashion , jewellery and accessory designers with more than 11000+ trade buyer.
The Revenue Department today clarified that sale of old jewellery by individuals will not attract any GST as the sale is not for furthering any business.
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.
GJF starts preparing G&J industry on GST with seminars and webinars on GST on 29th June, 2017 in Mumbai.
Kirit Somaiya, Member of Parliament, North-East Mumbai visited GJSCI’s state-of-art training centre in Mumbai at IIGJ-M.
GJSCI organized a Training Partners Meet to discuss priorities of the coming year along with the updates on various schemes and benefits.
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.
This edition of Glamour will house more than 60 supreme jewellers i.e. My Best Friend Jewels, Gala & Brothers Jewellers, Golecha's Jewels, Zewar by Valchandson Jewellers, Angel Jewellery, Jeweleravi to name a few.
An opportunity for distinguished Hand-made Jewellers, Manufacturers and leading Retailers.
GJF hopes that the Centre would levy only 1.25 per cent tax on the sector.
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.
Post deliberation, the Council proposes to conduct IIJW between 24th to 27th July, 2017 at Hotel Grand Hyatt, Mumbai.
The visit saw the esteemed presence of 20 Members of Parliament who appreciated GJSCI.
An opportunity for distinguished jewellery manufacturers and leading retailers from Eastern Region to participate & develop business relationship.
GJSCI aims to train women inmates of Tihar into jewellery making.
According to the MOU, IIGJ – Jaipur will act as an RPL training facilitator, JAJ as Mobilization Agency and GJSCI will act as Project Implementation Agency (PIA).
Major Themes include “Sustainable Harmony” and “Futurama”
All India Gems & Jewellery Trade Federation seeks GST of 1.25 per cent for the gems & jewellery sector
The winners were felicitated by GJSCI with a cash prize and Certificate of participation.
The best IIGJ Chairman’s Trophy was awarded to Shiv Chandan, Ms. Oneza Chauhan was declared the second runner up and Ms. Kushali Patel was announced as the third runner up for their consistent performance during their course.
The aim behind this initiative is to uplift the karigars of gems & jewellery industry in India.
The recommendations include increasing PAN card limit at Rs. 5 lakh and above, GST at 1.25 per cent, etc.
The exhibition is being held at Kalaneri Art Gallery till 20th January 2017.
The seminar was, especially organised for the non-members of the Council who are doing business in an unorganised manner, but have played a significant role by contributing to the success of the “Make in India” initiative.
A jewellery-shopping destination with curated designer fashion – First in India
Exclusive Interview with Nitin Khandelwal, first elected chairman of GJF
Exhibitors are of the view that the changes dates of the signatures would not help the business
A step towards fulfilling Prime Minister’s dream of ‘Skill India’; GJEPC to set up IIGJ in Varanasi
The setting up of A&H centres is a market driven activity which depends on the commercial viability as assessed by the entrepreneurs.