GJ Town India

Business Leader of the Year Award by GJEPC   In a glittering celebration of excellence, the gem and jewellery industry bestowed its highest honour upon ten luminaries at the prestigious IIJS Signature Show, as they were inducted into the coveted Hall of Fame category.  The event served as a platform to recognise the outstanding contributions of these trailblazers who have left an indelible mark on the industry.    This momentous occasion not only celebrated the achievements of these 10 luminaries but also highlighted the collective spirit of the gem and jewellery community. The sparkling players are, Govindbhai Laljibhai Dholakia of Shree Ramkrishna Exports Pvt. Ltd. (SRK), Shailesh Sangani, of Priority Jewels.    Joy Alukkas of Joy Alukkas Jewellers, K Srinivasan of Emerald Jewel Industry India, Pramod Kumar Agrawal (Derewala) of the National Gem & Jewellery Council of India (NGJCI), Nirupa Bhatt, consults-gem and jewellery businesses, Tehmasp Printer of IGI, Rajesh Kalyanar

The special interactive session from DGFT at the IGJS 2024   Key insights from the exclusive interactive session featuring Santosh Kumar Sarangi, DG, Director General of Foreign Trade (DGFT) at the Ministry of Commerce & Industry, Government of India. Here is the top ten key takeaways!   1: India stands as one of the largest buyers of gold globally, showcasing considerable buying power that can potentially influence the streamlining of gold prices and availability.   2: Recognising the fragmented nature of gold demand in India, spanning from small to large jewellers and varying from kilograms to tons, there's a pressing need for streamlining.  3: India currently holds the position of the 4th largest exporter. With immense potential, the aim should be to become the foremost exporter globally.    4: Drawing a parallel with Switzerland, we need champions in India investing in creative designs catering to Western tastes.    5: Collaboration between the Department of Commerce

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