Surat SEZ Diamond, Gems, and Jewellery Exports Fall by Rs.12,765 Crore in FY 2023-24
Surat's Special Economic Zone (SEZ) faced a significant setback in FY 2023-24, with diamond, gems, and jewellery exports dropping by Rs.12,765 crore compared to the previous fiscal year. This decline reflects ongoing economic challenges in major international markets such as China, the U.S., and Europe, which have impacted demand for luxury and high-value goods
GJEPC Launches Indian Institute of Gems & Jewellery Training Centre in Ratnagiri, Maharashtra
The Gem & Jewellery Export Promotion Council (GJEPC) marked a significant milestone on 24th September 2024, with the inauguration of the Indian Institute of Gems & Jewellery (IIGJ) training and skilling centre in Ratnagiri, Maharashtra
Goyal Highlights Growth of India's Gem & Jewellery Sector at Bharat Ratnam – Mega CFC
Union Minister Piyush Goyal recently celebrated the inauguration of the Bharat Ratnam – Mega Common Facility Center (CFC) at SEEPZ, emphasizing its pivotal role in India's gem and jewellery industry
GJEPC announces record surge: Plain gold jewellery exports skyrocket by 61.72% in FY 2023-24
In a remarkable achievement, exports of Plain Gold Jewellery surged by an impressive 61.72% to US$ 6792.24 million in FY 2023-24, compared to US$ 4199.96 million in FY 2022-23
India is set to import 140 metric tons of gold from the UAE
India has taken a strategic step to promote business in its gems and jewellery industry by prioritizing the import of 140 metric tons of gold from the UAE at a reduced rate for 2023-24.
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