RJ Market Watch
Mr. Anantha Padmanaban elected as the New Chairman of All India Gem & Jewellery Domestic Council.
GJC successfully conducted 1/3 elections of its (COA) in December 2018
Mr. Anantha Padmanaban elected as the New Chairman of All India Gem & Jewellery Domestic Council and Mr. Shaankar Sen elected as the Vice Chairman
Mumbai, January 03, 2019: The All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry has elected Mr. Anantha Padmanaban as Chairman and Mr. Shaankar Sen as Vice Chairman for a period of two years. The list of other newly elected directors of GJC has been uploaded on the company website.
Mr. Anantha Padmanaban, NAC Jewellers. Ltd. has been closely associated with GJC since its inception. Over the years, he has successfully conceptualized and executed innovative programmes for the benefit of the Industry. He was instrumental in addressing many burning issues like excise, GST, custom duty, PMLA etc.
Mr. Anantha Padmanaban, Chairman GJC, stated, “I am grateful to the Board and it is an honour to accept the responsibility of steering the national domestic council. We shall work closely with the Government and take up various issues facing the industry. In sync with Government’s policies, my first effort will be to transform and energize jewellers across India to bring more synergies within the indigenous industry. We shall strive to unite the entire industry and work towards achieving GJC’s set goal of One Industry One Voice. GJC will strive to inspire many more jewellers and their association to get more organized so as to project a unified approach to policy changes. We also want to tackle contentious issues such as the Banking sector’s hesitancy to provide loans to the G&J sector.”
The board also elected Mr. Shaankar Sen, Senco Group, as the Vice Chairman. The new vice chairman is known for his vision to create benchmarks in gold, silver and fashion jewellery that reflects excellence in design and artistry. On his election, the board complimented his commitments towards innovations and visualizing future trends all these years and expressed confidence that he will continue to work for the benefit of the industry.
Mr. Shaankar Sen, Vice Chairman, GJC, said, “It is my proud privilege to work for the growth of this pivotal trade organization and contribute my vision for the development of its member jewellers across region. There is a need for the industry to become more organized and compliant. GJC will continue to create better and newer platforms for the industry”.
Mr. Nitin Khandelwal, Immediate Past Chairman, GJC, said, “I want to thank the Board for bestowing the trust in me for the last two years in most of the crucial decision that I have taken for GJC. Our priority is to be a friend, philosopher and guide to the jewellers of India, who are grappling with diverse issues. In the past couple of years, GJC has worked as custodian of the gems and jewellery by taking up the issues with government like GST, PMLA, Hallmarking, etc. GJC has initiated state-of-the-art programme such as Manthan for churning the intelligence within industry. Besides, we have organized Labham seminars to elucidate and enlighten on various subject matters related to the day to day business practices of trade in more than 45 locations and many more.”
The e- Voting also elected Mr. Mohanlal Jain and Mr. S Abdul Nazar as COA from South, Mr. Nilesh Shobhawat from West and Mr. Kamal Singhania from East. Mr. Shaankar Sen – Zonal Chairman East, Mr. Ashish Pethe – Zonal Chairman West, Mr. Anantha Padmanaban – Zonal Chairman South, Mr. Avinash Gupta – COA, Mr. Madan Kothari – COA got elected unopposed as there were no other candidates in their respective zone / panel.
The entire e-Voting election process was conducted by an authorized independent person (Chief Election Authority), and the voting platform was created by a digital agency, both appointed by GJC. The electronic voting facility conducted hassle-free election of various panel & zones. The voting process was for 6 days starting from 19th to 24th December, 2018. The results were declared on December 26th, 2018.
About GJC
The All India Gem and Jewellery Domestic Council (GJC) represents over 6,00,000 players comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services to the domestic Gems & Jewellery industry. The Council functions with the objective to address the industry, its functioning and its cause with a 360° approach to promote and progress its growth, while protecting the industry’s interests. GJC, since the last 14 years, has been serving as a bridge between the government and the trade by undertaking various initiatives on behalf of and for the industry.
Courtesy: The Retail Jeweller News Service
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