The proposed move of the Government of India to label LGDs as “synthetic” has caused a furore, with the LGD segment saying this would not only be unfair, it would greatly damage the credibility of a sector that produces and retails grown diamonds, which are identical to mined diamonds. Suneeta Kaul speaks with Vidita Kochar of Jewelbox, a prominent LGD player, to understand the ramifications of such a proposal.

In a significant policy shift aimed at addressing both consumer demand and safety concerns, the Indian government is set to make hallmarking of 9-karat (KT) gold jewellery mandatory

The move is aimed at ensuring the quality and purity of gold jewellery and protecting the interests of consumers

Malabar Gold & Diamonds has welcomed Union Ministry of Consumer Affairs's decision not to allow sale of gold ornaments without the six-digit alphanumeric HUID (hallmark unique identification) number from April 1, 2023.

Earlier exempted forms of gold jewellery like Kundan, Polki, Jadau proposed to be hallmarked

BIS has now made provision to allow a common consumer to get the purity of their un-hallmarked gold jewellery tested at any of the BIS recognized Assaying and Hallmarking Centres

Amidst several concerns, long meetings, continual discussions and more, the landmark regulation related to mandatory hallmarking becomes a reality in India – all set to change the course of the Indian G & J Industry completely. Opinions from across the industry highlight the upsides and downsides of thisregulation, says Sugandha R

Post the implementation of mandatory hallmarking from 16th June 2021, the Indian jewellery industry was seeking clarity on a host of concerns with regard to the new rules of hallmarking

*GJEPC, the apex body of the gem and jewellery trade, organised a webinar on 28th June, with the authority and keynote speaker Mr. Pramod Kumar Tiwari, Director General, Bureau of Indian Standards (BIS) to address queries concerning the manufacturing , retail and the end consumers

Mandatory hallmarking has finally become a reality and many jewellery retailers are having mixed opinions – on the whole they welcome the move and are eager to fulfill all requirements of hallmarking

Based on multiple meetings with the Expert Committee members last week, the Ministry of Consumer Affairs will be soon coming out with  rules for implementation of Hallmarking act along with amendments

BIS allows only gold articles of 14k, 18k and 22k for mandatory hallmarking; excludes other popular karatages(Purities) used in India and abroad

"From June 1, 2021, it is compulsory for all jewellers selling gold jewellery and artefacts to register with BIS and sell only hallmarked gold jewellery and artefacts in three grades of 14, l8 and 22 carat gold," Bureau of Indian Standards (BIS) stated in a notification to jewellers. What are the latest provisions and their repercussions

The Bureau of Indian Standards (BIS), Chennai Branch Office-I, has granted its hallmarking of gold and silver licence to Titan Company

The Year That Was