Mr. Sabyasachi Ray Showcases Innovations and Global Strategies at the 6th ICC Gems and Jewellery Summit 2024

At the 6th ICC Gems and Jewellery Summit 2024, held at the India Habitat Centre in New Delhi, Sabyasachi Ray, Executive Director of the Gem and Jewellery Export Promotion Council (GJEPC), addressed industry leaders on the transformative strategies shaping India’s gems and jewellery

SEEPZ-SEZ Implements Continuous Customs Operations to Enhance Trade Facilitation

Mumbai, India: In a move aimed at enhancing operational efficiency and addressing the pressing concerns of exporters, the Office of the Zonal Development Commissioner, SEEPZ-SEZ, has announced the implementation of 365 days Customs operations at SEEPZ-SEZ, and 24*7 operations at SEEPZ-SEZ.  Earlier the

GIA Announces Closure of Ramat Gan Laboratory

The Gemological Institute of America (GIA) has announced that it will close its laboratory in Ramat Gan, Israel, by the end of 2024. This decision follows a continued decline in diamond submissions and reflects broader global industry challenges. As a result of these

Global Gold Demand Reaches Record $100 Billion in Q3 2024

World Gold Council’s Q3 2024 Report Highlights Historic Milestone for the Gold Market Total Gold Demand Surges to Record High Gold demand for Q3 2024 reached 1,313 tonnes, marking a 5% year-on-year increase. This is the highest quarterly demand ever recorded, reflecting strong

Government Revises Wastage and Input-Output Norms for Gold and Silver Jewellery Exports

The Indian government has recently updated the norms regarding the permissible wastage during the manufacturing process of gold, silver, and platinum jewellery intended for export. These revisions come in response to industry feedback and aim to align regulations more closely with actual manufacturing

All India Gem and Jewellery Domestic Council advises jewellers to carry essential documentation seamless goods movement during Maharashtra election

The apex industry body, All India Gem and Jewellery Domestic Council (GJC), calls upon its members and industry stakeholders to carry out all necessary documentation to ensure the smooth movement of goods during the upcoming Maharashtra election. The GJC’s directive covers items such

Hon’ble External Affairs Minister Dr. S. Jaishankar Assures Government Support for Export Growth in Diamond & Jewellery Sector: GJEPC

The Gem & Jewellery Export Promotion Council (GJEPC) was privileged to welcome Dr. Subrahmanyam Jaishankar, Hon’ble Minister of External Affairs, Government of India on October 27th Sunday. Dr. Jaishankar was visiting Bharat Diamond Bourse at Mumbai for an Interaction on India’s foreign policy.

Bvlgari starts digital boutique in India in tie up with Tata CLiQ Luxury

As per recent reports, Tata CLiQ Luxury has partnered with Bvlgari, marking the renowned Roman jeweler’s inaugural foray into India’s e-commerce space. This collaboration will see the launch of Bvlgari’s first digital boutique in India, where customers can purchase a curated selection of

Oct./Nov. 2024 – Issue 2