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Showing posts with the label Piyush Goyal

Piyush Goyal opens 16th edition of IIJS Signature

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The show accommodates 1,500+ exhibitors occupying 3,000+ stalls   Union Minister Piyush Goyal inaugurated the New Year’s first and largest-ever India International Jewellery Trade Show-IIJS Signature; Gem & Jewellery Trade, organised by the country’s apex trade body, the Gem & Jewellery Export Promotion Council (GJEPC).    The 16th edition of GJEPC's IIJS Signature will witness 30,000+ visitors (including international buyers) from 800 Indian cities and 60 countries. The show boasts of 1,500+ exhibitors occupying 3,000+ stalls across a sprawling 1.25 lakh sq. mt. of exhibition area.    For the first time ever, the New Year’s first top-of-the-line design centric jewellery trade show along with the India Gem & Jewellery Machinery Expo (IGJME) is being held at two venues in Mumbai: JIO World Convention Centre, BKC (4-7 January) & Bombay Exhibition Centre, NESCO, Goregaon (5-8 January). This expansion aims to offer exhibitors and visitors ...

Include LGDs under the PLI scheme!

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Piyush Goyal chaired a meeting on the LGDs, GJEPC officials remained present at a meeting   GJEPC officials were present at a meeting on the lab-grown diamond (LGD) industry chaired by the Union Minister for Commerce & Industry; Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal in New Delhi on 17th May, 2022.     B.V.R. Subrahmanyam, Secretary, MOC&I; Vipul Bansal, Joint Secretary, MOC&I; and R. Arulanandan, Director, DOC were present in the meeting. The industry was represented by Colin Shah, Chairman, GJEPC; Dinesh Navadiya, Regional Chairman (Gujarat), GJEPC; Naresh Lathiya, Convener, Lab-Grown Committee, GJEPC; Manish Jiwani, Co-Convener, Diamond & Lab-Grown Diamond, GJEPC; and Sabyasachi Ray, Executive Director, GJEPC among others.    Colin Shah, gave a presentation on the status of the LGD industry, the current market scenario and the potential for growth. The discussions also encompassed a proposal to include ...

IIJS Signature 2022, a thumping success: Update 2

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Generated an estimated Rs. 5000 crore of business  Comprehensive Economic Partnership Agreement to benefit the G&J industry the most. CEPA to help achieve the set target of USD 52 billion G&J exports in FY 2022-23 The 14th edition of IIJS Signature 2022, organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO, Mumbai, concluded successfully on 21st February. The show witnessed nearly 950 exhibitors who occupied 1,470 booths spread across four exhibition halls. There were more than 17242 visitors, including 571 international visitors and delegations from USA, UAE, Egypt, Nepal, Uzbekistan, and Bangladesh. IIJS Signature 2022 has generated an estimated business of Rs. 5000 Crore. The four-day show was inaugurated by Chief Guest Hon’ble Commerce and Industry Minister Piyush Goyal, along with Parshottam Rupala, Hon’ble Union Minister of Fisheries, Animal Husbandry & Dairying; Darshana Jardosh, Hon’ble Minister of State fo...

Concluded IIJS Signature 2022 refilled inventory well!

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The Dome witnessed about 15 New Launches Wedding, Lightweight & Designer jewelery trended!   Update 1:   Key Highlight:  1: Piyush Goyal: “India showcases its gems & jewellery prowess through IIJS Signature.” “The GJEPC has channelled its entrepreneurial spirit to convert this crisis into an opportunity!”   2: Colin Shah: “Enthused by the performance of 2021-22, the Government. has set a target for us of over USD 50 billion for the year 2022-23.”   3: Parshottam Rupala: “Indian gem & jewellery is a 100% ‘Make in India’ sector.” 4: Darshana Jardosh: “Physical shows such as IIJS Signature increases competitiveness amongst exhibiting manufacturers.”   The Show:  Virtually, when whole of the world had halted in the wake of pandemic Covid-19, every business & commerce, trade & industry, including the gem-n-jewellery (GJ) industry & trade! Despite disruptions due to Covid-19, GJEPC has channelled its entrepreneurial s...

India the next investment global hotspot

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…be a part of the unfolding India story   The Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said, as per a recent CII-Ernst & Young report, India will be the next investment global hotspot.  “We have the potential to attract an annual FDI in the range of $120- $160 billion by 2025. Last seven years we’ve seen a record FDI, each year breaking the previous record for 7 years in a row.   And I do hope to see that continue looking at the major structural reforms, the fact that we have a proactive leader in Prime Minister Modi, willing to listen and willing to change with the changing times,” he said, addressing the 2nd edition of the CII National Conference on MNCs, 2021, through video conference.   Goyal said global sentiments have changed from ‘Why India?’ to ‘Why Not India!’, and today ‘We must be in India!’ “There are more success stories here than anywhere in the world today, 71 unicorns. ...

The world looks upon India as a trusted partner

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  The world wants a resilient global supply chain It is our duty to take this opportunity!   Minister of Commerce & Industry Piyush Goyal addressed Indian Chamber of Commerce’s Annual Plenary Session via video conferencing. In his address, Piyush Goyal acknowledged ICC, very important role played to ensure orderly handling of the pandemic and get back to country’s original agenda of achieving $5 trillion economy by 2025. Goyal said that Covid should be seen an opportunity for all of us, to relook at our businesses, processes, our way of working; relook at our quality & productivity standards.  “This nation is proud of each & every one of you. This nation will always remember the way Indian industry rose to the occasion, the way it expanded capacities to start manufacturing PPEs, masks, ventilators in India.”, he added.   ‘Today, the world is looking upon India as a trusted partner. The world wants a resilient global supply chain & it is our duty t...