GJEPC @ CII lauded the government's GJ stance
Focuses role of mining & manufacturing in India’s GJ sector
Sabyasachi Ray, Executive Director, GJEPC, highlighted the critical role of mining and manufacturing in India’s gem and jewellery (GJ) sector during his address at the CII Gems and Jewellery Conference. The conference, themed, Mining & Manufacturing to Markets & Economy, that held in New Delhi on 6th December.
Sabyasachi
Ray lauded the government's proactive stance in promoting the gem and jewellery
sector, citing key initiatives such as the Indo-UAE CEPA, Indo-Australian ECTA,
and Indo-European TEPA. He emphasised GJEPC's crucial role in bringing these
policies to fruition, thereby opening new markets and boosting exports.
The GJEPC Executive Director also shed light on the Council's active engagement with the government to align the new definition of a diamond with India's consumer laws.
By leading consultations with the Consumer Affairs Ministry, GJEPC ensured that the new definition aligns with industry standards and consumer interests.
Sabyasachi
Ray expressed gratitude to the Secretary, Department of Consumer Affairs, Nidhi
Khare, for her support in finalising the new diamond terminology. Moreover, Ray
highlighted GJEPC’s efforts in securing an exemption for jewellery exports from
mandatory hallmarking.
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