The Platinum Season of Hope initiative is set to accelerate the growth trajectory for platinum jewellery in the country

D.P. Abhushan Limited (NSE:  DPABHUSHAN) has reported jump of 152% in consolidated revenue and 46% in its net profit after tax for the fourth quarter ended on 31st March 2021 as compared to same quarter of previous financial year 19-20 

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

• * 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

Titan Company’s Jewellery division — comprising Tanishq, Zoya, Mia and CaratLane — posted 70% sales growth in Q4 of FY 2020-21 that ended 31st March, 2021

According to World Gold Council’s (WGC’s) latest Gold Demand Trends report, India’s Q1 demand for gold grew 37% to 140 tonnes compared to Q1 2020 (102 tonnes) buoyed by factors such as lower gold prices

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

In March 2021, multiple factors contributed to the rise in imports of gold to 160 tonnes
 

The substantial increase in India’s gold imports in March 2021 may be attributed to the thriving domestic jewellery sector

Coloured gemstone manufacturers to access rough gemstones  directly from miners of Zambia and Mozambique  

Eastern UP’s Leading Jewellery chain Aisshpra Gems and Jewels displayed their spring summer with 2021’s first jewellery exhibition & sale which was hosted in Hotel Grand SR,  Azamgarh from 6th March to 8th March

Releases “Inspirators”, a motivational series of 8 videos with tales of successful women. Rolls out a new TVC - ‘Haan Hum Churiyan Pehente Hain’, negates the idea that bangles denotes weakness

Dr. Jayshree Panjikar of PANGEMTECH- Panjikar Gem Research & Tech Institute, Pune, made a presentation on ‘Quality Verification & BIS Standards’ at the online webinar on ‘Gems & Jewellery’, one of the Marathon Webinars ‘Udyog Manthan’ organized by the Ministry of Commerce to increase Quality and Productivity

The Responsible Jewellery Council (RJC) celebrated its 15-year anniversary on 15th December with a virtual event that included key global stakeholders