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 mix of partial and complete lockdowns in different states led to limitations on workforce capacities and related manufacturing activities.
The monthly exports beat industry’s expectations in April as exports of cut and polished diamonds, lab-grown synthetic diamonds and coloured gemstones alone accounted for over US$...
The targeted buyers for IGJS Dubai include prominent jewellers from across the Middle East, Russia, East Europe, North Africa, South Africa, Pakistan, Bangladesh and Sri Lanka.
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...
Even as several migrant workers have left Gujarat’s Surat city due to the COVID-19 surge and anticipation of a lockdown, people associated with the diamond industry...
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...
JAIPUR: The gems and jewellery sector in Rajasthan, already hit hard by the first wave of COVID-19, has now been left worried with the pandemic’s second...
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...
RAJKOT: Small and medium jewellery manufacturers in and around Rajkot are set to get a fillip with a common facility centre (CFC) expected to be operationalized...
• 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...
Ahmedabad: Dwindling gold jewellery exports have dented the business of several small-scale jewellery manufacturing units in Gujarat, as their order volumes declined. According to gems and...
Shobha Shringar Jewellers has also designed the Miss India Crown Studded on Queen’s Necklace Bespoke brand Shobha Shringar Jewellers hosts a star studded event to celebrate...
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...
“There are over 2,000 small and medium units in Surat manufacturing lab-grown diamonds. After unlock-1, the lab-grown diamond units are working at their full capacity due...
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...
The recent announcement of the Central Board of Indirect Taxes and Customs, allowing export of jewellery using courier services, is all set to give a fillip...
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...
While a majority of sectors have been negatively impacted by the coronavirus pandemic, raw diamond cutting and polishing units in and around Surat city of Gujarat...
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...
New Delhi, Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services. 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...
The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on the export of Gems and Jewellery via Courier. The CBIC has received various...
Indranil Roy Choudhary Owner, MP Jewellers, Kolkata The Indian gems and jewellery market has always seen a good demand and subsequently, good growth. However, the last...
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...
Currently, diamond mining companies including De Beers, Alrosa, Rio Tinto etc. only display the diamonds for viewing purpose at the SNZ. According to the SNZ norms,...
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...
Surat: Even as the demand for polished diamonds has improved in the international market ahead of Christmas season, it has failed to bring cheer among the...
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,...
October 15 (ANI): Prices of polished diamonds, especially those below 30 cents and one carat have risen by 10-25 per cent, according to diamond traders in Surat....
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...
Chandraprakash Siroya of Siroya Jewellers is looking forward to the focused attention that the virtual format of the IIJS will bring. What do you feel about...
Sunil Modi, the proprietor of Jaipur Diamonds, is geared up for the wedding season to boost sales What do you think about the IIJS virtual? I...
Mohit Anand of Harsahaimal Shiamal Jewellers feels marketing and good stocks will be the key to making up for most of the lost business What do...
Aayod Jain of Trident Corporation is banking on his mangalsutras to do the trick at the IIJS Virtual this year What do you think about the...
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...
Suvankar Sen of Senco Gold & Diamonds, Kolkata, says we should take care of the factors we have control over and cater to customer needs What...
Binaisha Zaveri, director of TBZ The Original in Mumbai, thinks that the jewellery industry is a resilient one and will be back on its feet in...
Shailesh Sangani, the convenor of GJEPC’s national exhibitions. He has a very important message for all registered buyers. How is the registration going? Is everything going...
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...
Mahendra Tayal of Anmol Jewellers thinks everyone should be positive with their stock at the IIJS. The industry is recovering, and he wants everyone to stay...
Dr Saurabh Gadgil of PNG Jewellers is pumped about the virtual format of the IIJS, and plans to ideate and exchange ideas with industry leaders. His...
Naman Kala of Kalajee Jewellery was on cloud nine when the IIJS Virtual was announced. He talks about his experience with GJEPC and the future in terms...
Chetan Kumar Mehta, the chairman and MD of Laxmi Diamonds, Bangalore says that sales will improve in the next six months because India swears by jewellery...
Mr Sriram, the managing director of GIA, believes that education is the key to the sector’s brilliance, and hopes to continue spreading awareness that will make...
Keertana Grandhi of Vaibhav Jewellers is on a store-opening spree because she feels the future looks bright. Her IIJS journey will encompass building her inventory for...
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...
Khushboo Ranawat and Novil Ranawat from Swarnshilp talk about the virtual future that lies ahead for the sector, and how IIJS will contribute the most towards...
Karan Garodia and Nidhi Garodia of Sanskriti Jewels want everyone in the sector to get together with renewed energy for business to come back on track...
Raghava Rastogi of Jugal Kishore Jewellers says that one should not try new products just for the sake of it. There should be innovation and a...
Samir Shah of Indigo Jewellery says that the markets are opening up and the IIJS will be an excellent bandwagon to ramp up market strategies in...
Anil Talwar of Talwarsons Jewellers comes to IIJS for ideas on trends. He feels the virtual version will be as good as the physical one What...
Hardik Shah from BR Designs says that the lockdown had set creative juices flowing, so the IIJS this year will have better designs. He also hopes...
Toshiba Jariwala is a big online enthusiast and feels that the IIJS Virtual will be a positive sign in the darkness around What are your views...
Jaymin Vora of Romil Jewellery feels tha IIJS Virtual will be the place to be for all jewellers who want to experience a state-of-the-art technology What...
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...
A die-hard believer in the resilience of the gem and jewellery industry and aware of the sudden lacuna in trade facilitation by exhibitions, Shailesh Sangani, convener...
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...
30th September 2020: Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels were honoured with the prestigious and most coveted Economic Times – ET...
Surat: It seems the coronavirus pandemic has not dimmed the liking of the diamond connoisseurs in Uncle Sam’s land. At a time when the export of...
Gem & Jewellery Export Promotion Council, the apex body of gem & jewellery trade in India, in its endeavour to boost exports from India , is...
With the markets opening worldwide after the Covid-19 lockdown, the gems and jewellery industry seems to be in recovery mode and exports have begun to markets...
The gems and jewellery exports have shown signs of recovery and has registered at USD 1764.06 Million in August 2020, as compared to USD 36 Million...
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...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!
