GJ Town India

  Anoop Mehta will continue to lead the diamond bourse!   Bharat Diamond Bourse (BDB) announces the appointment of its new committee members for the year 2024-2025. According to the information, the newly formed committee includes as follow. Sr.no Name Designation 1. Anoop V. Mehta President 2. Mehul N. Shah Vice-President 3. Suresh  C. Shah Hon. Secretary 4. Prakash C. Shah Hon. Jt. Secretary 5. Anup Zaveri Hon. Treasurer BDB is one of the largest and most sophisticated diamond centers in the world! BDB said, our Journey started at Bandra-Kurla Complex in Mumbai from 2010, now with over 4,000 members engaged in import and export, manufacturing and marketing of rough and polished diamonds, BDB has created a business framework to conduct their transactions in maximum convenience and security.   

GJEPC targets 20% export boost to UAE with IGJS   The 4th edition of the International Gem & Jewellery Show (IGJS) Dubai commenced, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) of India. This exclusive event, co-sponsored by Suntech Business Solutions and supported by the Dubai Gold & Jewellery Group, brings together the finest of Indian gems and jewellery, reinforcing India's position as a premier destination for global buyers. The 4th edition is scheduled to run through October 8 to October 10, 2024.   The inauguration ceremony of IGJS Dubai 2024 was graced by esteemed dignitaries, including Satish Kumar Sivan, Consul General of India, Dubai; Kirit Bhansali, Vice Chairman of GJEPC; Chandu Siroya, Vice Chairman of the Dubai Gold & Jewellery Group; Tamjid Abdullah, Group Deputy CEO, Jawhara Jewellery, UAE; KP Abdul Salam, Vice-Chairman, Malabar Gold & Diamonds; and Ramesh Vora, GJEPC Middle East Coordinators; Nirav Bhansali, Convener o

Celebrating the grand facelift for a consumer-centric experience   Kisna Diamond and Gold Jewellery proudly announced the facelift of its exclusive showroom in Greater Noida located at Blue Sapphire. The inauguration was graced by Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group, and Parag Shah, Director, Kisna Diamond & Gold Jewellery.   To celebrate the grand facelift of the showroom, Kisna is offering up to 100% off on diamond jewellery making charges. Building the excitement, Kisna’s #Abki_Baar_Aapke_Liye_Shop & Win a Car campaign offers consumers a chance to win from over 100 cars. Participate by purchasing diamond, platinum, or solitaire jewellery worth Rs 20,000 or more, or gold jewellery worth Rs 50,000.  The face lifted showroom showcases Kisna's commitment to a consumer-centric experience, tailored to local tastes while upholding its craftsmanship and innovation. With a refreshed collection featuring, Kisna offers something for everyone, from brid

Maharashtra aims to encourage investment in the jewellery sector!   The Maharashtra state government has announced a complete waiver of stamp duty on the first lease of land and subsequent sub-leases within the India Jewellery Park (IJP), a project of GJEPC, at Mahape, Navi Mumbai. The decision, outlined in the Maharashtra Government Gazette dated 25th September 2024, aims to encourage investment in the jewellery sector and promote the development of the India Jewellery Park.  The government has completely waived the stamp duty on the first lease of land executed between the Maharashtra Industrial Development Corporation (MIDC) and M/s. India Jewellery Park, as well as on subsequent sub-leases within the park.  The benefit of this waiver is applicable to all eligible units within the India Jewellery Park.    Vipul Shah, Chairman, GJEPC, said, “We are immensely grateful to the Government of Maharashtra for their support in waiving stamp duty for the India Jewellery Park in Navi Mumb

Moving the commercial production of A21 Underground  mine   Rio Tinto’s Diavik Diamond Mine has safely completed the development and construction of Phase 1 of the A21 underground mine, now moving the underground mine into commercial production. Building on the success of the first phase, Phase 2 of the A21 underground project was approved earlier this year with an additional investment of US$17 million. The project will enable Diavik to maximise the value from its known resources through to closure.    The construction of the A21 underground mine involved the development of over 1,800 metres of underground tunnels to access the orebody and begin underground production. With safety as the core focus, there were no lost time injuries after more than 100,000 labour hours completed over 20 months during the development and construction work.    Chief Operating Officer of Diavik Diamond Mine Matt Breen said: “The A21 underground operation is positive news for our employees, partners,

Joint forces that shine a spotlight on Zambian emeralds   The New York-based designer, known for her asymmetrical gem-set jewellery, has joined forces with Gemfields on a special capsule collection, showcasing responsibly mined emeralds from Kagem in Zambia.   The Kimberly McDonald x Gemfields emerald suite features Irregular Shaped Emerald Drop Earrings and an Irregular Shaped Emerald Tennis Necklace. Gems from the Kagem mine – which is majority-owned and operated by Gemfields and has been the source of some of the world’s most exceptional emeralds – are the perfect complement to these playful, asymmetric pieces. Kimberly McDonald’s design motto is to let the natural speak for itself – and Zambian emeralds lend themselves perfectly to this aesthetic. Kimberly’s pieces feature gems set at different angles and heights, giving each one a quirky, individual appeal.    The drop earrings contain more than 26 carats of emeralds of different shapes and sizes in an irregular design. The pendan

The RJC accepted a new proposed definition of recycled materials   Recently, the Responsible Jewellery Council (RJC) announces that the RJC Board has accepted a new proposed definition of recycled materials. The definition (including implementation guidance) will be communicated within the upcoming 2024 publication of the Chain of Custody (COC) standard in December. Chain of Custody standard 2017 (COC) defines an approach for companies to handle and trade gold, silver and platinum group metals in a way that is fully traceable and responsibly sourced.  Additionally, RJC is ready to host their Standards Committee at the 2nd in-person meeting this year, which will take place from October 16-18 in London. This meeting will focus on finalising the Code of Practices (COP) standard and guidance, which is also set to be published in December.    Code of Practices standard 2019 (COP) provides a common standard for ethical, social, human rights and environmental practices. The COP defines th