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Showing posts with the label gjepc

DGFT urges GJEPC to popularize jewellery exports thru’ e-commerce

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To position India as top supplier, design creator & value-adding hub for gold jewellery    India's gold jewellery ecosystem stands strong in infrastructure, policies, exports, retail, design, and innovation, and is poised for a significant role on the global stage. Santosh Kumar Sarangi, Director General, DGFT, Union Ministry of Commerce & Industry, Govt. of India urged GJEPC to popularize Indian jewellery exports through e-commerce; and to position India as top supplier, design creator & value-adding hub for gold jewellery.   These were the key takeaway from the India Gold & Jewellery Summit, the two-day (23-24 January) organised by Gem & Jewellery Export Promotion Council (GJEPC) at Bharat Mandapam in the Capital. The Summit aims to enhance and expand the role of gold in the economic growth of the country.  World Gold Council was the lead partner for the Summit.    Marking their presence at the inaugural were Santosh Kumar Sarangi, Director General, DGFT, Unio

GJEPC host seminar for GJ Trade at Zaveri Bazaar

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  Indispensable role of e-commerce in shaping GJ future   In a groundbreaking initiative, the Gem and Jewelry Export Promotion Council's (GJEPC) MSME department, in collaboration with eBay and DHL, orchestrated a triumphant seminar at the vibrant Zaveri Bazaar, Mumbai. The event marked a significant milestone as it unfolded the vast e-commerce prospects within the gems and jewelry (GJ) sector, illuminating its pivotal role in the industry's trajectory. The Regional Director of Rajasthan, GJEPC, Nitin Khandelwal, spearheaded the seminar by providing a comprehensive overview of e-commerce and its indispensable role in shaping the future of the gem and jewelry trade. eBay, a global e-commerce giant, took the stage to deliver a thorough presentation, underscoring its role as a pivotal platform connecting businesses with a staggering presence in over 190 countries.  The presentation highlighted eBay's commitment to facilitating businesses through dedicated account management

Davos witnesses historic MOU by Maharashtra State & GJEPC

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Signing ushers commencement of work for India Jewellery Park The Gem & Jewellery Export Promotion Council (GJEPC) and the Government of Maharashtra marked a significant milestone with the official signing of a Memorandum of Understanding (MoU) during the World Economic Forum 2024. The agreement paves the way for the development of India’s first and largest Jewellery Park in Navi Mumbai. The MoU was signed by Hon’ble Chief Minister of Maharashtra Eknath Shinde and GJEPC Chairman Vipul Shah in the presence of Uday Samant, Hon’ble Minister of Industries; Dr. Harshdeep Kamble, IAS, Principal Secretary of Industries; Shrikant Shinde, Member of the Lok Sabha; Bhushan Gagrani, Principal Secretary, Urban Development Department, and Vipin Sharma, CEO, MIDC; Kirit Bhansali, Vice Chairman, GJEPC and Sabyasachi Ray, Executive Director, GJEPC. Hon’ble Chief Minister of Maharashtra, Eknath Shinde, in his remarks on the MoU with GJEPC, expressed, “Maharashtra has consistently been a leader in tra

GJEPC’s Recommendations for Union Budget 2024-25

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Advocates the Government to Propel Gem & Jewellery Exports     The Gem & Jewellery Export Promotion Council (GJEPC), representing India’s global gem & jewellery trade, has proposed several recommendations to the Government ahead of the upcoming budget. India’s gem and jewellery industry heavily relies on imports for its raw materials, including gold, diamonds, silver, and colored gemstones.   These materials are brought into the country and undergo either cutting and polishing or are transformed into finished jewellery before being exported worldwide. This thriving industry sustains approximately 4.3 million jobs, contributes about 10% to the country’s merchandise exports, and significantly impacts the overall economic growth.    India has established itself as the leading choice for sourcing gems and jewellery on a global scale. However, to uphold this position of prominence, the industry must remain competitive in the international market. It requires strategic pol

GJEPC's Jewels UnBounded in HK!

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Indian High Fashion & Jewellery Shine The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, hosted a historic event - "Jewels UnBounded - a one-of-a-kind showcase in Hong Kong on the evening of September 21, 2023.  The event showcased India's rich and diverse range of gemstones, jewellery, and textiles to the discerning buyers from across Asia, highlighting the unique strengths in product engineering, design innovation, and manufacturing expertise within both the gems and jewellery and textiles sectors. Supported by Consulate General of India, Hong Kong, and Department of Commerce, Government of India, this scintillating event, Jewels Unbounded, was timed concurrently with the September Hong Kong Jewellery & Gem Fair, a significant industry gathering that attracts buyers from the entire spectrum of Asia, all seeking to acquire the finest gems and jewellery offering

GJEPC Connect, Debuts in Mumbai

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First-ever Member Outreach Initiative   GJEPC held a power-packed member outreach programme, titled; GJEPC Connect, in Mumbai on 25th May to increase awareness about the various initiatives that it undertakes to facilitate business and trade.    Attended by 120+ guests, the evening witnessed a presentation on Assessments and Audit under GST by Advocate Supreme Kothari and Deputy Director, EIA – Mumbai, Vivek R. Bidwai shed light on the Certificate of Origin applications for exports from India under the India-UAE Comprehensive Economic Partnership Agreement (India-UAE CEPA)    The event also had a lively open house with members moderated by Sabyasachi Ray, Executive Director- GJEPC. The panellists were C.P. Chauhan, Colin Shah, and Mansukh Kothari, Convener, Events, GJEPC.    C.P. Chauhan, Jt Development Commissioner, SEEPZ, talking about the developments taking place in the SEZ and on the policy front, said, “You will see a completely new SEEPZ in the next 3 to 5 years. We are

IGJS 2022 Jaipur Caters To Rising Global Demand

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The show helped the mission to, Make in India for the world   The Gem & Jewellery Export Promotion Council (GJEPC) successfully concluded the exclusive B2B jewellery show the IGJS in association with Gemfields, at JECC, Jaipur, India’s coloured gemstone capital, from 10th to 12th May, 2022.    The three-day show witnessed 200+ leading exhibitors showcasing their gems and designer jewellery to 650 international buyers from across 48 countries.    It was the first ever physical event hosted exclusively for global buyers in India to increase exports and to exemplify India’s strong hold on the gem and jewellery industry. The exclusive show catered to all product segments of gem and jewellery such as colour gemstones, loose diamonds, plain gold jewellery, diamond studded jewellery, gemstone studded jewellery and silver jewellery. Being the world leader in cut and polished diamonds, the coloured gemstones capital of the world, and the fastest growing gold jewellery exporter, IGJS c