Foreign Direct Investment (FDI) in India’s gems and jewellery sector has witnessed an astounding year-on-year growth of 673% in the first quarter of FY2024, climbing to $40 million (INR 330 crore) from $5 million (INR 42 crore) during the same timeframe in 2023.
GJEPC in association with the Bharat Diamond Bourse (BDB) and Mumbai Diamond Merchants’ Association (MDMA) organised a seminar on 30th September to address the “Key Pricing Challenges Facing the Diamond Industry”. The seminar featured a presentation on the DiaSense diamond pricing index by
Indian exhibitors catered to global buyers from the U.S., Brazil, Spain, Germany, Mexico, Saudi Arabia, the Dominican Republic, and Canada The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide,
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, a project of GJEPC, at Mahape, Navi Mumbai. The decision, outlined in the Maharashtra Government Gazette dated
The Gem and Jewellery Export Promotion Council (GJEPC) is making a remarkable presence at the 54th Watch and Jewellery Show Middle East 2024 by hosting the first B2B India Pavilion. Held from September 25th to 29th, 2024, at the Expo Centre in Sharjah,
Shri Uday Samant, Hon’ble Minister for Industries, Government of Maharashtra, inaugurated the Indian Institute of Gems & Jewellery (IIGJ), training and skilling centre in Ratnagiri on 24th September in the presence of Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri M. Devender Singh, District
In a significant move to address the concerns facing the gems and jewellery industry, Shri Sunil Barthwal, Commerce Secretary, Ministry of Commerce & Industry, proposed the formation of a task force during his visit to GJEPC’s Head Office in Mumbai on 14th September. This initiative
On 10th September, GJEPC hosted a meeting with faculty members from the National Institute of Fashion Technology (NIFT) at its head office in Mumbai to discuss potential areas of collaboration. The NIFT delegation included Ms. Jayati Mukherjee, Associate Professor at NIFT Kolkata and
The 10th Edition of the India Rough Gemstones Sourcing Show 2024 (IRGSS), organized by the Gem & Jewellery Export Promotion Council (GJEPC), was inaugurated on 27th August in Jaipur by Shri Neeraj Dubey, Additional Commissioner of Customs, Jaipur in the presence of Shri
The India International Jewellery Show (IIJS) Premiere 2024, organized by the Gem & Jewellery Export Promotion Council (GJEPC), has shattered records by generating a staggering USD 12 billion in business over its six-day run. Held from August 8-12 at the Jio World Convention
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