Economic Survey flags gems and jewellery impact on trade, inflation and credit
India’s Economic Survey FY25–26 outlines how the gems and jewellery sector shaped exports, gold imports, inflation and lending, highlighting diversification gains and rising macro pressures for policymakers and industry.
GJEPC Welcomes Export Promotion Mission as Catalyst for USD 100 Billion Gem & Jewellery Export Vision
The GJEPC hails the Union Cabinet’s Export Promotion Mission as a transformative step that strengthens MSMEs, boosts global competitiveness, and accelerates India’s journey toward $ 100 billion gem and jewellery exports by 2047.
Kalyan Jewellers to Open 170 Franchise Stores in Major Expansion Drive, Targets Debt Reduction
In a bold move to accelerate growth while trimming debt, Kalyan Jewellers has announced plans to open 170 new stores in FY 2025–26, leveraging the franchise model for both domestic and overseas expansion.
RBI’s Tougher Gold Loan Rules May Push Borrowers Away from Banks, Back to Informal Lenders
The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.
Indian Exporters Seek Rs 750 Crore Fund to Leverage US Opportunities Amid Tariff Shifts
Indian exporters are urging the government to allocate Rs 750 crore over three years to capitalise on a $25 billion export potential in the US, as evolving trade dynamics create new opportunities
All India Gem & Jewellery Council Seeks Customs Duty Reduction in Pre-Budget Recommendations
The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations
GJEPC and the MSME Ministry organized a workshop in Goa to guide jewellers on benefits and schemes
Over 250 participants attended, with 200 artisans enrolling in the Parichay card scheme
Banking Institutions Appeal to RBI for Permission to Provide Silver Metal Loans to Jewellery Manufacturers
Point to Gold Loan Triumph as Silver Jewelry Demand Surges Amid Festivals and Exports
Unlock Financial Flexibility: Discover the Advantages of Gold Loans in India
If you are an Indian citizen and in need of immediate financial assistance, a gold loan could be a smart way to borrow money quickly and easily.
Aisshpra Gems & Jewels Announces the 1st Franchise in Ayodhya, Uttar Pradesh
The company announces plan to launch 25 franchise stores by 2025
Yami Gautam to Promote Enchante collection of Diamond Jewellery by Aisshpra Gems & Jewels
The star is now promoting the polki designs of Nazakat and diamond jewellery of Enchante collections from the brand
NDC partners with GJEPC, announces “Thank you, by the way” campaign
The campaign puts a spotlight on the industry’s decades-long commitment to sustainability
GJEPC Webinar Seeks Bankers' Perspective On G&J Industry Financing
GJEPC held a webinar on 27th May with the aim of understanding the perspective of bankers who finance the gem and jewellery sector. The panellists included Ranvir Singh, DGM and Branch Head, SBI, Diamond Branch, Mumbai and Narayan Singh Deora, Zonal Manager, Bank of India, who were joined by Manish Jivani, MSME Convener, GJEPC. The discussion was moderated by Mayank Bajaj, Director, Bajaj Advisors
G & J Exports Witness Growth Of 16.63% To US$ 3369.65 Million In April 2021 As Compared To US$ 2889.12 Million In April 2019, Pre Pandemic Year
- * GJEPC Seeks Support From Govt To Continue Momentum Of Gem & Jewellery Exports
- * Achieved Over The Last Few Months
- * International markets are open and demand for G&J has started to come back
- * However domestic challenges due to Covid-19 second wave are hurdles in first half of the year
GJEPC Seeks Additional Govt. Relief As Second Wave of Covid Hits the Industry
GJEPC is seeking further assistance from the Government of India to tide over the challenges arising from the outbreak of the deadly second wave of Covid-19 in India
