India International Jewellery Show (IIJS) is returning with renewed spirits and hope for a big resurgence of the Indian jewellery industry. Shifting from Mumbai this time,...
The World Gold Council unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold...
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) concluded the 4th edition of The Artisan Awards, India’s premier jewellery design competition, on July 20 at...
July 20, 2021, Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) India’s apex body for the Gem & Jewellery Trade in India introduced their new...
14th July 2021, Mumbai: The gems and jewellery exports is back to the pre-covid levels. The overall gross exports of Gems & Jewellery witnessed a growth of 8.46% to Rs....
The World Gold Council and Gem and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India in 2021. Under the...
The jewellery industry received a lot of information from the horse’s mouth today. A lot of misconceptions around mandatory hallmarking legislation were clarified at the virtual...
21stJune, 2021 Mumbai: The gem and jewellery exports have taken a severe hit due to pandemic in 2020-21, but what the industry has achieved during this...
The project is expected to create employment opportunities for over 1 lakh workers in the state. The council plans to set up the park with an...
GJEPC has called on the authorities to explicitly clarify that jewellers having transactions only in the export stream are completely excluded from the purview of the...
Moroccan global gem and jewellery imports amount to $122 million annually, of which India’s share is $2 million.
Mumbai: In wake of the Covid-19 pandemic, almost all countries, including ours, are still grappling with the subsequent second and the third waves of the deadly...
New Delhi: Multiple factors, including high demand in gems and jewellery along with duty cut in gold, contributed to the rise in imports of gold to...
MUMBAI: The overall gems and jewellery exports declined by 25.71 per cent to Rs 1,85,952.34 crore during 2020-21, compared to the previous financial year, on account...
MUMBAI: Maharashtra State Chief Minister Uddhav Thackeray again this year allowed gems and jewellery export operations to resume with restrictions in number of people working in...
Jewellery major Tanishq has introduced ‘pay from home’ service in poll-bound Tamil Nadu, Puducherry, Kerala and West Bengal to provide a convenient shopping experience to its...
“India should become synonymous to gems and jewelry- when the world thinks of gems and jewelry, India should be the first name that pops up in...
• Diamond studded Jewellery VBSM is held from 17th to 19th March 2021. This will be followed by Loose Diamond VBSM (to be held from 24th...
In a landmark development, GJEPC and e-commerce giant eBay signed an MoU that will help Indian manufacturers trade across all 190 countries that it is a...
eBay will enable jewellers to have access to international buyers through eBay Marketplace GJEPC to launch an eCommerce Promotion and Facilitation Desk (“EPFD”) at all its...
The Gem and Jewellery Export Promotion Council (GJEPC) on Thursday welcomed the government’s move to exempt the Agriculture Infrastructure and Development Cess (AIDC) on gold and...
Mumbai, 18th February 2021: The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards...
By Suneeta Kaul Last week, the Union government announced a revamped Gold Monetisation Scheme, as per which the minimum deposit amount has been reduced to just...
The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery exports, hails Government of India for the...
By Suneeta Kaul The gems and jewellery industry has welcomed Union Finance Minister Nirmala Sitharaman’s Budget 2021-2022 announcement to cut import duty on gold and silver...
“Price of gold will come down. There is a lot of pent-up demand in the market and the reduction in duty will unleash that demand,” said...
Gold import duty reduced from 12.5% to 7.5% Silver import duty reduced from 12.5% to 7.5% Duty on Platinum reduced to 10% Clarification Sought – Equalisation...
The Gem & Jewellery Export Promotion Council (GJEPC), in its endeavour to boost export business and to revive the market sentiments post Covid , inaugurated the...
At the inaugural ceremony of 5-day e-IGJS organised by GJEPC, the minister stated that the trade fair at an ideal time as demand for gems and...
The coronavirus pandemic and the disruption in the supply chain dimmed the glitter of the world’s largest diamond cutting and polishing centre in Surat. However, Christmas...
“Exports have recovered sharply in the last two months and if the trend continues the decline in this fiscal year may narrow down to 20-25 per...
The gem and jewellery industry has sought reduction in customs duty on gold to four per cent, withdrawal of tax collected at source (TCS), cut in import duty on polished precious and...
On the business front, demand for gems and jewellery picking up in all major export markets. Jewellery was the highest selling luxury product in China in...
After the success of the first edition of India International Jewellery Show (IIJS) Virtual in October 2020, the Gem and Jewellery Export Promotion Council inaugurated today...
19th December, Mumbai: In an online meeting convened by Hon’ble Finance Minister Smt. Nirmala Sitharaman for union budget recommendations, GJEPC represented the budget recommendations for the...
Revenge consumption of diamonds from the US is driving manufacturing items in Surat to work additional time to satisfy the demand. There has been a scarcity of tough diamonds...
Mumbai: After successful and accomplished IIJS Virtual and several Virtual Buyers-Seller Meets, which offered a much-needed opportunity for buyers and exhibitors to connect and transact business...
The suggestions of gems and jewellery industry related to duties and taxes are under consideration of the Finance Ministry, Commerce and Industry Minister Piyush Goyal said on Thursday.Gems...
7th December, Mumbai: The Gem and Jewellery sector have shown signs of green shoots of exports after a long pandemic struggle of over 8 months. The...
Several government measures, including the extension of time limit for export credit available on the gold loan, on interest subvention, extension of moratorium on interest and...
The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold...
With digital fast becoming the new normal, GJSCI ramps up the transformation of the gem and jewellery industry by employing weapons in the form of artificial...
In accordance with GJEPC chairman Colin Shah, slicing import duties would assist India change into a producing and buying and selling hub. The Gems and Jewelry...
With rapid thrust in the digitisation of the sector, the CII brought in delegates and industry leaders to connect with the government in its discussion over...
Mumbai, October 28, 2020: With an aspiration to increase the Indian gems and jewellery exports to $70Bn in the next five years by 2025, the Gem...
The Gem and Jewellery Export Promotion Council of India (GJEPC) in a statement said that it has also proposed for amendment in taxation provisions to allow...
SURAT: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has organized three virtual buyer-sellers meets (VBSM) in November. It is all geared...
No other gemstone evokes the emotion of love and a sense of commitment like the diamond. This year, as the world battled with an unusual virus,...
26th October, Mumbai: After the success of the Virtual Buyer-Seller Meets for Loose Diamonds and Plain Gold Jewellery, GJEPC is all geared up for the Diamond Studded...
Leads Digital Transformation and stimulates business for the sector Approx. Rs. 1000 crore (USD 137 million) business transacted at IIJS Virtual 5 Halls, 330+ exhibitors; 10000+ Buyers...
The event had over 330 exhibitors, and over 10,000 buyers visited the show. Besides, 9,900 meetings were conducted and visitors registered from the US, UK, UAE,...
Diamond exports from India, which polishes about 90% of the world’s rough diamonds, will collapse by as much as a quarter this year as the pandemic crushes demand...
Chennai: Year-on-year growth in exports of gems and jewellery dropped by 27% to $2.4 billion and 25% in Rupee terms, in September. Form April-September, the overall...
Want to make Maharashtra world’s largest trading center for diamonds and jewellery: Uddhav Thackeray, Chief Minister of Maharashtra at IIJS Virtual Inauguration The gem and jewellery...
The Gem & Jewellery Export Promotion Council (GJEPC) announces the launch of the 4th edition of The Artisan Awards, country’s premier jewellery design competition. The prestigious jewellery...
In the backdrop of the upcoming virtual India International Jewellery Show (IIJS), Colin Shah, Chairman, GJEPC, shares his expectations from the event with Samit Bhatta of...
The Directorate General of Foreign Trade (DGFT) , Government of India, issued a notification dated 28th September permitting the amendment of technical nature, typographical errors or...
Part of a booming global sector, jewellers hardly go out of reckoning. As the industry grows at a stunning pace, most retailers and manufacturers look out...
India’s super rich are rushing to grab an Argyle pink diamond before the primary source of rarest pink diamonds in the world for the last four...
Gem & Jewellery Export Promotion Council, the apex body of gem & jewellery trade in India, in its endeavour to boost exports from India , is...
Industry experts stated that the polished diamond exports have recovered due to the increase in the demand from the US, the UK and China. Starting from...
21st September, 2020, Mumbai: GJEPC kickstarted its first Plain Gold Jewellery Virtual Buyer Seller Meet (VBSM) on 21st September, which follows closely on the heels of...
Kolkata: Russian diamond miner Alrosa will offer zero buyout obligation to its long-term customers of rough diamonds in the next trading session from September 21 to...
When everything real is meeting with a shake of the head, IIJS Virtual, the digital edition of Gem & Jewellery Export Promotion Council’s (GJEPC) flagship show,...
Gems and jewellery exports showed signs of recovery in August, rising 29.18 per cent to Rs 13,160.24 crore ($1,764.06 million) in August compared with the previous...
According to data provided by the Gem & Jewellery Export Council (GJEPC), exports in this segment touched $1.7 billion in August. It was higher than the...
The steadfast diligence and entrepreneurial spirit of Surat diamond manufacturers shines through even in the times of the pandemic. Mumbai 10th Sept. 2020: Surat, the world’s...
Colin Shah, Chairman, Gems & Jewellery Export Promotion Council, asserts that while MSMEs in the sector are benefiting from the redefinition and Aatma Nirbhar Bharat Scheme,...
India’s net exports of gems and jewellery shrank 47% year on year to $3.4 bn in April-July this fiscal because of the Covid-induced global economic slowdown....
The two-day meet will have Virtual Reality , real life experience for buyers and sellers of diamond trade. Mumbai, September 3, 2020: The Gem and Jewellery Export Promotion...
GJEPC Chairman is seeing “multiple reasons to be optimistic about the holiday season ahead” In an interview with Rough & Polished, Colin Shah, Chairman of The...
GJEPC representation meets Finance Minister to raise concerns about Equalisation Levy (EL) on diamond trade Mumbai, 27 August 2020: Smt. Nirmala Sitharaman, Hon’ble Minister of Finance,...
Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council felicitated the real...
Surat: While the global coronavirus pandemic has prevented the diamantaires from visiting Dubai, Antwerp and Botswana to purchase rough diamonds to keep their units operational, industry...
The stand-off between India and China has brought to the fore a shrill cry to reduce India’s trade dependency with its more prosperous Asian neighbour, but...
Ease of Business, e-commerce, Amendments in Gold Monetisation Scheme, Priority Status for G&J sector, MyKYCBank platform mandatory for G&J entities, Increasing Bank Credit exposure to G&J...
The world renowned and India’s largest jewellery trade show, the India International Jewellery Show (IIJS) Premiere, has been rescheduled due to the ongoing Covid-19 pandemic. The Gem...
The Gem and Jewellery Export Promotion Council (GJEPC), apex body for gems and jewellery trade in India, under the aegis of Ministry of Commerce, Government of...
India’s gem and jewellery exports plunged nearly 84% year-on-year in April-May owing to the trade disruption caused by Covid-19 while the fall in exports of cut...
The extended lockdown and the global pandemic has taken sheen out of the diamond industry. The export of polished diamonds between April and May fell by...
The world is in a state of uncertainty with the Corona virus overwhelming all aspects of life similarly. The gems and jewellery industry is severely affected....
Due to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand will not...
Being the world’s largest diamond processing hub, India imports around 95 per cent of rough diamond mined globally for processing in local units After nearly two...
Mumbai, May 17 (PTI) Gems and jewellery exports in March declined 38.81 per cent to Rs 13,744.60 crore compared due to weak demand in importing countries...
Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra today in a landmark decision, allowed designated export...
GJEPC (The Gem & Jewellery Export Promotion Council), the apex body of gems and jewellery industry in the country held a webinar on May 06, 2020...
Hit hard by the spread of coronavirus, jewellery sales are expected to take several years to return to pre-pandemic levels, said experts during a webinar organised...
The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
In a move aimed at protecting the interests of diamond processing industry, the apex body of the gem and jewellery industry has put forth a proposal...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
Kolkata: The US, Europe’s richer neighbourhoods, and much of Northeast and West Asia – the main consuming markets for India’s diamond jewellery output – are shuttered,...
Mining as well as stores closed, expos cancelled and transportation stopped. The gems and jewellery sector in India is facing a bleak future. “We lost 50...
The Gem & Jewellery Export Promotion Council, the apex body of the Gem and Jewellery industry in India, has come forward to contribute a Fund of Rs....
The 13th edition of IIJS Signature and the 7th edition of India Gem & Jewellery Machinery Expo (IGJME) organised by the Gem & Jewellery Export Promotion Council...
Furthering India’s jewellery legacy! The Gem & Jewellery Export Promotion Council (GJEPC) presented the global trade with two wonderful opportunities to commence the Year’s buying season with...
Indian traders who buy rough diamonds from Russian mining major ALROSA have something to cheer about. Russian banks have started granting loans to ALROSA’s foreign clients...
In a conversation with The Retail Jeweller, Colin Shah, Founder and MD, Kama Schacter sees a huge potential for Platinum jewellery in tier-1 and tier-2 cities...
10th January, Mumbai: IIJS Signature, India’s first trade show of the calendar year is regarded as the nerve centre of jewellery design and technology – attracting domestic and...
The inaugural Retail Jeweller Dubai Forum 2019 (RJDF) held on the 12th of November, 2019, brought to the fore groundbreaking business strategies and innovations for the...