GJ Town India

Unveils the Iconic Golden Wheel of Time at Zaveri Bazaar   In a momentous event that highlighted India’s rich heritage and artistic journey, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL) and the National President of Indian Bullion Jewellers Association (IBJA), inaugurated the Golden Wheel of Time at the historic Zaveri Bazaar.   This magnificent ring sculpture, meticulously forged from iron and gold, serves as an ode to Bharat’s kaal chakra (wheel of time), symbolizing transformation and resilience through the ages.   The Golden Wheel of Time stands as a testament to Bharat's enduring legacy and the evolution of its artistry. The union of iron and gold, combined with intricate etchings and diverse textures, narrates a story of transformation from raw to refined splendor.  The sculpture signifies continuity, bridging the nation’s illustrious past to a gleaming future, and calling on all to rise brighter and stronger as the ...

https://www.youtube.com/watch?v=jokPxttEkho&t=9s Jewellery Market inaugurated in Mumbai, u nder the auspices of GJC & IBJA leaders with Founders and Directors of select Industry entities The scheduled debut issue of the JEWELLERY MARKET- India's first multilingual Fortnightly News Tabloid-Gujarati Edition launched. It has been proposed to be published in Hindi & Gujarati language fortnightly is of The New Jeweller (TNJ) International Media Group.   Jewellery Market inaugurated in Mumbai, under the auspices of GJC Vice Chairman, Mr Saiyam Mehra, IBJA India Secretary, Mr Surendra Mehta, along with founders and directors of select Industry entities including Shringar, Payal Gold & Shine Shilpi in Zaveri Bazar. Jewellery Market is India’s first of its kind fortnightly News Tabloid in Gujarati as well as Hindi language to enable reach out to over 80% of Jewellery Industry members who trade in the said language.  The intention of launching Jewellery market is to eq...

IBJA & Glambox attempted To Boost Jewellery Retail! India Bullion and Jewellers Association Limited (IBJA) announced the largest consumer jewellery shopping festival India Jewellery Festival (IJF) organised by Glambox. This festival held in Mumbai region from 6th April to 7th May 2019.   The India Jewellery Festival was a first of its kind event that provided an opportunity for Mumbai Retailers to offer consumers to not only shop the best jewellery, but also win hundreds of gifts worth over Rs. 1 Crore throughout the festival. With every purchase of Rs. 20,000/- consumers stand an equal chance to win the grand prize of half a kg of gold and loads of daily prizes. This festival had designed to facilitate participating retailers a greater interaction with consumers during this period. IJF and its participants were aggressively promoted across the Mumbai Metropolitan Region extending from Churchgate up to Palghar in the north and from Fort up to Navi Mumbai in th...

Jointly collaborate to explore opportunities to set up the Bullion Spot Exchange Multi Commodity Exchange of India Ltd (MCX), the country’s largest commodity exchange signed an MoU with India Bullion and Jewellers Association Ltd (IBJA), the apex industry body for all bullion and jewellery associations in India on various cooperation activities for the growth and development of bullion industry, including a joint viability of setting up a ‘Bullion Spot Exchange’ in India. It is in line with the Government of India’s vision of establishing trade efficient and consumer friendly system of regulated gold exchange in the country for bullion stakeholders for efficient price discovery and transparency. Gold Spot Exchange, once set up, would help considerably in creating a vibrant gold ecosystem corresponding to India’s annual demand of around 800-900 tonnes. It would further lead to assurance in the quality of gold, provide for a robust settlement mechanism, multiple de...

BRICS agreed Partnership on Fourth Industrial Revolution SA government said, BRICS Communications and ICT Ministers have agreed to help promote the cooperation of Small, Micro, Medium Enterprises (SMMEs) from BRICS member countries. “Key to unleashing their potential is for governments to support and invest in the innovation and development of ICT SMMEs and the broader ICT industry,” said a communiqué issued at the end of the BRICS meeting for Communications and ICT Ministers.   The Ministers have urged SMMEs to continue to innovate and find solutions that will advance universal telecommunications access. The member states identified SMMEs as potential engines for growth and job creation. The meeting, held this week in Durban, agreed to share studies, expertise and information on the roll-out of 5G within BRICS member countries. This includes encouraging intra-BRICS investment on 5G and other new emerging technologies. The ministers further agreed to continue to coo...

Gems & Jewellery exports grew about 23.95% YoY India’s overall exports (Merchandise and Services combined) in April-August 2018-19 * are estimated to be USD 221.83 Billion, exhibiting a positive growth of 20.70 per cent over the same period last year. Overall imports in April-August 2018-19* are estimated to be USD 269.54 Billion, exhibiting a positive growth of 21.01 per cent over the same period last year. At Merchandise Trade front, Exports (including re-exports in August 2018 were US $ 27.84 Billion, as compared to US $ 23.36 Billion in August 2017, exhibiting a positive growth of 19.21 per cent. In Rupee terms, exports were Rs. 1,93,624.74 Crore in August 2018, as compared to Rs. 1,49,398.90 Crore in August 2017, registering a positive growth of 29.60 per cent. In August 2018, major commodity groups of export showing positive growth over the corresponding month of last year are Cumulative value of exports for the period April-August 2018-19 was US $ 136.0...

Celebrate Festive season with Om Jewellers Shine this wedding season with the all-new collection in classic gold highlighted with enamel by Om Jewellers.  The enigmatic yellow metal is accented with delicate craftsmanship, intricate enamel and colour stones that bring a live traditional designs and Indian motifs. These stylish and elegant pieces are ideal not just for the bride but also for the bridal party. Elaborate chokers, stylish necklaces, jhumkas and shoulder duster earrings, the classics timeless creations will set your style apart. Get ready for the festive season with Om Jewellers! Available at: www.omjewellers.com