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Showing posts with the label IJPM

Budget announces some much-needed reforms!

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On the way to attain global GJ Hub stature! To help gold jewellery exports   The Gem & Jewellery Export Promotion Council (GJEPC), congratulates the Government of India and the honourable Finance Minister Nirmala Sitharaman for presenting a strong pro-reform and export growth-oriented Union Budget under the visionary leadership of our honourable Prime Minister Narendra Modi.   The gem and jewellery (GJ) sector in India is overwhelmed by the Government support extended to the gem and jewellery industry in the Union Budget 2022-23. There is a swathe of favourable policy reforms announced that empowers the industry and puts it on a firm footing to capitalise on growth opportunities in the coming decade.   The Indian gem & jewellery sector is one of the leading contributors to the national economy and the country is the undisputed leader in diamond processing. GJEPC hopes to replicate this success in the jewellery vertical, too, and help India become the ‘Jeweller to the Wo

GJEPC possess of land for IJPM

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Inks lease agreement with MIDC  Granted land for a period of 95 years   India Jewellery Park Mumbai will contribute to economic development of Maharashtra and India by attracting investments of over Rs. 20,000 crore and create employment opportunities for over 1 lakh workers   Gem & Jewellery Export Promotion Council (GJEPC) and Maharashtra Industrial Development Corporation (MIDC) signed a draft agreement for granting possession of land for a period of 95 years for setting up India Jewellery Park Mumbai (IJPM).  The agreement was signed in the presence of Dr. P. Anbalagan, IAS, CEO-MIDC; Colin Shah, Chairman, GJEPC; P. D. Malikner, JT, CEO-MIDC; Satish Bagal, Regional Officer, MIDC-Mahape; Ashok Gajera, Regional Chairman, Mumbai, GJEPC, Sabyasachi Ray, ED-GJEPC along with other dignitaries.   India Jewellery Park Mumbai is the first-of-its-kind integrated gem and jewellery industrial park with manufacturing units, commercial areas, residences for industrial workers, and co