GJ Town India

  C&P diamonds exports in October grew 11.32%: GJEPC    India’s gem and jewellery (GJ) exports has made strides in October 2024, marking a turning point with positive growth in multiple product categories, notably cut and polished (C&P) diamonds, gold Jewellery (plain & studded), and polished lab-grown diamonds.    In October 2024, the overall gross exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores), marking a growth of 9.18% in dollar terms and 10.23% in rupee terms, compared to USD 2,746.09 million (Rs. 22,857.16 crores) in October 2023. This increase underscores the industry’s resilience amid challenging global market conditions.    Cut & Polished Diamonds led the recovery in October 2024, with overall gross exports reaching USD 1,403.59 million (Rs. 11,795.83 crores), marking a growth of 11.32% in dollar terms and 12.39% in rupee terms compared to USD 1,260.91 million (Rs.10,495.06 crores) ...

BDB hosts lunch meeting for the cricket legend   The iconic Bharat Diamond Bourse (BDB) was honored to host an exclusive luncheon and conversation event featuring two distinguished guests: the legendary cricketer Sir Geoffrey Boycott and Harjinder Kang, UK Deputy High Commissioner for Western India &Trade Commissioner for South Asia.   The event, brought together esteemed figures from both the cricketing and business worlds to discuss the interplay between trade and the beloved sport of cricket. Around 100 attendees listened to the insights from Sir Geoffrey Boycott, whose illustrious cricketing career and keen intellect have made him a revered figure in both the sporting and broader communities.   Kang, representing the British government's interests in fostering trade relations in South Asia, provided valuable perspectives on the economic landscape and opportunities for collaboration between India and the United Kingdom. The convergence of cricket and co...