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Showing posts with the label GJ-exports India

Global weaknesses are lowering India’s GJ exports!

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  India’s January Gem & Jewellery exports cross US$ 2237 mn   “Even after the several attempts and efforts of GJEPC & Union Government to hike up the Gem & Jewellery (GJ) exports of India and to attain a higher target, the global economic weakness, inflations, geopolitical uncertainties and poor demand are the factors that pull down the India’s GJ exports!   Additionally, rocketing gold price has changed the buyer’s attitude from jewellery buying to gold investment trend,” said; Nayan Jani, Editor-GJ Town India amid discussion with media player.  The overall gross exports of India’s Gems & Jewellery total at US$ 2237.14 million (mn) (Rs.19302.280 crores) in the month of January 2025 is showing a decline of 7.01% (-3.47% in Rs. term) as compared to US$ 2405.78 million (Rs. 19995.66 crores) for the same period previous year.    On the other hand, overall; India’s gross imports of Gems & Jewellery registered at US$ 1421.61 million (...

GJEPC presents 50th IGJA to the India’s Crown Exports’

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24 IGJ Awards included Women Entrepreneur of the Year & Best Bank   Ramesh Bais & Mukesh Ambani grace GJEPC’s 50th IGJ Awards Russell Mehta bestowed with Lifetime Achievement Award   The Gem & Jewellery Export Promotion Council (GJEPC) presented the coveted 50th India Gem & Jewellery Awards (IGJA), to the brightest jewels in India’s exports’ crown. GJEPC presented a total of 24 IGJ Awards: 14 - Industry Performance Awards; 7 - Special Recognition Awards; 2 - Felicitation Awards; and 1- Bank supporting the Gems & Jewellery Industry Awards. IGJA is powered by GIA - Gemological Institute of America, The World's Foremost Authority in Gemology.    Since its inception in 1974, the IGJA has been an emblem of excellence in the gem and jewellery industry, recognizing the entrepreneurial spirit and innovation that propel the industry forward. Every year, IGJA honors the best of the best, showcasing the pinnacle of achievement in the gem and jewellery sector...