GJ Town India

  GJC announces India’s biggest & annual National Jewellery Awards   The All-India Gem & Jewellery Domestic Council (GJC) proudly announces the 14th Edition of WGC presents National Jewellery Awards (NJA’25) - India’s biggest and most prestigious annual award show, often considered the Oscars of the jewellery industry. Organized by GJC, NJA recognizes and honours outstanding talent in the jewellery sector, celebrating excellence, creativity, craftsmanship, and innovation while shaping the industry's future.   NJA is known for its unbiased and relentless efforts for the welfare of the gem and jewellery (G&J) industry. As a fair, transparent, and process-driven award show, validated by Ernst & Young (EY), NJA is committed to upholding industry integrity and excellence. This year, the NJA’25 announcement took place at GJC’s Preferred Manufacturers of India (PMI). PMI plays a critical role in expanding market share, fostering industry relationships, and co...

Boost consumer spending & drive demand for jewellery   Rajesh Rokde, Chairman, All India Gem and Jewellery Domestic Council (GJC), commented, “The reduction in personal income tax rates, along with the tax exemption limit raised to Rs12 lakh, is a positive move that will significantly boost consumer spending and drive demand for jewellery.    This increase in disposable income is expected to particularly benefit the gold and branded jewellery sectors. Additionally, the abolition of TDS and TCS on high-value transactions above Rs50 lakh will streamline operations, ease compliance burdens, and bring more transactions into the formal, hallmarked market. These reforms will foster transparency, trust, and sustainable growth in the jewellery industry." Avinash Gupta, Vice Chairman GJC, said, "The reduction in personal income tax rates is a welcome move as it will enhance disposable income, leading to increased consumer spending, including in the jewellery sector. Addition...

PMI serves as the quintessence of exclusivity    The All India Gem and Jewellery Domestic Council proudly presents the much-anticipated Preferred Manufacturers of India (PMI) exhibition, a three-day event, being organized from February 6th to 8th, 2024, at the prestigious Hyatt Regency in Gurugram. The event was inaugurated with great enthusiasm by distinguished guests Vibha Rani, Director & Head BIS, Faridabad, and R Arulanandan Ji, Director of the Ministry of Commerce & Industry.   The exhibition features a dazzling display of 46 stalls, showcasing their craftsmanship and received a roaring start with approximately 150 leading jewellers from across the country. This congregation of talent and expertise is a testament to the thriving jewellery industry in India and its ability to set global standards. Attendees can expect to explore a diverse array of exquisite pieces, ranging from traditional to contemporary styles, all under one roof.   Saiyam Mehra,...