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...
The increasing number of COVID-19 cases among Surat’s diamond industry workers has made the authorities sit up. A meeting has been convened on Monday to chalk...
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...
Diamond manufacturing and trading activities in Surat remained closed on Tuesday to mourn the death of Arunkumar Mehta, 80, owner of diamond company — Rosy Blue...
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....
Kolkata: The unrest in the major cities of the United States over the death of an unarmed black man in police custody has sparked concerns among...
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...
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...
New Delhi (Sputnik): The economic repercussions of the lockdown have jeopardised the prospects of the booming luxury goods market, including the diamond industry, in India. Faced...
Industry insiders in India are that customers will look elsewhere for cutting and polishing. Diamond factory heads in India are urging their government to gradually reopen cutting and...
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...
The diamond industry in Surat has heaved a sigh of relief with the resumption of exports, though in a small quantity. Though exports to Hong Kong, a major...
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...
The Committee of the Bharat Diamond Bourse (BDB) put out a statement today commending the efforts of the Hon’ble Prime Minister of India Shri Narendra Modi...
“It is a matter of great pride for the Surat Hira Bourse (SHB) to serve the diamond industry in the times of lockdown,” said CEO of...
Bharat Diamond Bourse committee commends the effort of our Prime Minister Shri Narendra Modi and Maharashtra Government, CM Shree Uddhav Thakrey to fight the war against...
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...
The Madras Jewellers and Diamond Merchants Association has so far received nearly 15,000 online applications from goldsmiths across the State for cash assistance. In Chennai alone,...
Kalyan Jewellers today announced that it will be supporting the daily wage worker community from the Gems and Jewellery industry, as well as the Film industry,...
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,...
Statement by Mr. Pramod Agrawal, Chairman, GJEPC “GJEPC, the apex body of gem and jewellery trade in India has decided to contribute Rs. 21 Crore to...
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...
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the Covid-19 pandemic...
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 Gem and Jewellery Export Promotion Council (GJEPC) has initiated a number of steps to mitigate the impact of the ongoing health crisis related to the...
The Gems and Jewellery Export Promotion Council (GJEPC) has rescheduled its international gem and jewellery show in Jaipur from April to July on account of coronavirus...
Faced with an irregular supply of quality diamonds, which is hurting domestic sales and exports, diamond processors, under the aegis of the Gems and Jewellery Export...
For the second consecutive year, an India Pavilion organised by the Gems & Jewellery Export Promotion Council (GJEPC) — in collaboration with the Indian embassy in...
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...
Chennai: Owing to higher duties in Dubai and curbs on smuggling, Turkish buyers have started coming back to India to directly buy plain gold jewellery from the...
Surat: Defying the Bharat Diamond Bourse’s (BDB) ban on the trading of lab-grown diamonds, Surat has an underground market flourishing in Varachha and Mahidharpura. Here, diamond...
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...
Ground-breaking ceremony of Common Facility Centre (CFC) at Bow Bazar in Kolkata was held today in the presence of Smt. Rupa Dutta (Economic Advisor, Ministry of Commerce & Industry,...
The Budget has increased the import duty on gold coins to 12.5 per cent from 10 per cent, making it on a par with that of...
Even As Indian gems and jewellery exports are struggling to meet the $40-billion-mark that was achieved last fiscal, the Union commerce ministry has chalked out strategies...
Reduction in the import duties on diamonds and precious metals, changes in some applicable taxation laws, permission for job work, revision in e-commerce norms, etc., these...
New Delhi is considering signing a bilateral agreement with Russia to reduce import duties on processed diamonds and jewelry, the chairman of the country’s Gem &...
To facilitate the export from the Eastern Region of the country, the GJEPC arranged a weeklong training program on Gold and Jewellery Appraising for the officers...
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...
Data from the Gem and Jewellery Export Promotion Council shows a 1.9 per cent fall in the country’s gross shipment last month, from a year before,...
India imports most of its gold. The country saw demand for the yellow metal falter in the second half of 2019. Local and international prices rose,...
The recently concluded India International Jewellery Show (IIJS), Mumbai, was also the 36th edition of this -premier trade show. To make it more special and memorable...
The Gem & Jewellery Export Promotion Council (GJEPC) commences the new year with a significant initiative to add another layer of trust and credibility to “Make...
There have been several discussions and seminars to provide opportunities to designers and women entrepreneurs. GJEPC is providing opportunity for designers – male & female and...
Strap: To target Russia, Brazil, the UK, Vietnam for diamond exports Amid global uncertainties and falling imports, the Gem and Jewellery Export Promotion Council is looking...
NEW DELHI: The Gems and Jewellery Export Promotion Council (GJEPC) recently organised the 45th India Gem and Jewellery Awards (IGJA) function in the national capital. The...
Jaipur: A number of products, services and experiences, exploded in the past 10 years, are chasing us people the time reducing whatever monopoly jewellery had on...
Mumbai: There is a ray of hope for diamond houses and jewellers which have been hurt by slow demand, tight liquidity, and a trust deficit in...
Diamond miners are feeling the pressure after a funding crunch in the world’s polishing hub dented sales of rough gemstones. Since celebrity jeweller Nirav Modi fled...
An eminent jury comprising renowned fashion, design and jewellery experts completed the first Jury round for the 3rd Artisan Jewellery Design Awards 2020 organised by Gems...
Pramod Kumar Agrawal, current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), has become the first member of the Indian industry to be elected...
Surat: After the central government increased import duty on polished diamonds from 2.5% to 7.5%, round-tripping of polished diamonds, a bogus trade practice intended to artificially...
The two-day third India Gold Jewellery Summit organised by the GJEPC in New Delhi concluded on November 23 with some insightful and interesting discussions on topics...
To prevent consumers from getting trapped in malpractices of some jewellers, apex industry body India Bullion and Jewellers Association (IBJA) has advised them against dealing with non-credible retailers....
Mumbai: The gems and jewellery exports continued to be affected following geopolitical tensions as the overall shipments in October declined by 5.49 per cent to Rs...
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...
Maybe a diamond is forever, and gold never loses its shine – but for now, and for many young, rich Indians, rubies, sapphires, emeralds and aquamarines...
October 21, 2019 – London, the United Kingdom: The second SaffronArt Jewellery Conference took place in Mumbai, India, last week. This year’s conference sought to trace, in...
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery sector sponsored by the Ministry of Commerce & Industry, Government...
The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform...
‘Higher export credit limit is a positive’ The GST rate reduction and corporate tax rate cuts will enhance ease of doing business, boost exports and make...
India’s overall exports of gems and jewellery dropped by 10.07% in August 2019, reaching US$ 2.34 billion as against US$ 2.60 billion in August 2018, according...
Industry bodies hope to allay fears of job losses and uncertain future Surat’s diamond industry fears that its worst nightmare will come true. Ahead of the...
The Regional Office of The Gem & Jewellery Export Promotion Council (GJEPC) recently organised a trade meet with the exporter members of Gujarat and other stakeholders...
The leading jewellery event in Asia Pacific, Hong Kong Jewellery and Gem Fair 2019 will witness India Pavilion organized by Gem & Jewellery Export Promotion Council...
India may fail to capitalise on the opportunity created by US President Donald Trump’s decision to impose 10 per cent import duty on Chinese jewellery. The...
Chennai: Rising gold prices, resulting in a widening gap between gold and platinum prices, is pushing young turks into preferring white metal over yellow. Demand for...
The Gem & Jewellery Export Promotion Council (GJEPC) hosted a meeting on bank finance in Jaipur last week where members of the trade interacted with representatives...
India is the world’s largest cutting and polishing center of rough diamonds, is facing an employment crisis. Due to the slowdown in demand for diamonds in...
India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. India’s gold imports which have a bearing on the...
Today, Gems and Jewellery National Relief Foundation (GJNRF) and Bharat Diamond Bourse (BDB) donated 2 vans to Roti Bank, one of Mumbai’s largest non-profit organisation which bridges the gap between hunger...
13th August 2019, Mumbai: Goregaon witnessed the confluence of cultures as jewelers from all across India and neighboring countries came together for IIJS Premiere 2019 –...
Mumbai, 7th August 2019: Mr. Colin Shah, Vice Chairman, Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the machinery section expo of the IIJS 2019 which is held at...
Mumbai, August 1, 2019: The Gem and Jewellery Export Promotion Council (GJEPC) organised the 4th edition of Banking Summit 2019 in Mumbai, the business capital of India. The...
MUMBAI: Indian banks are working on a uniform set of practices of credit appraisal and disbursal of the gems and jewellery sector, which has seen risk aversion...
The government is planning to re-introduce the export credit guarantee (ECG) insurance benefit scheme within a month to ease the liquidity crunch in the gems and...
NEW DELHI: Simmering US-China trade tensions are going to nudge many global jewellery majors to shift their manufacturing base to India from China, according to the...
MUMBAI: India’s nodal jewellery trade body has told commerce minister Piyush Goyal that exports to the US could jump by $1billion to almost $3 billion if...
According to data released by India’s Gem & Jewellery Export Promotion Council (GJEPC), exports of cut and polished diamonds from India dropped 19.38% year-on-year to $1.68 billion in...
In a major relief for jewellery exporters, the government has exempted gems and jewellery shipped for display in overseas exhibitions and trade shows, from three per...
Chennai: Lower demand from the Indian diamond processing industry has pulled down the quarterly sales of Alrosa, the world’s second-largest diamond miner, as inventories rose 36 per...
The gems and jewellery industry has heaved a sigh of relief, as the finance ministry has announced no IGST will be levied on gem and jewellery...
Surat: Export of cut and polished diamonds has witnessed a sharp fall of 20% in June following weak demand in international market. According to data published...
Kolkata: Gems and jewellery exports are likely to decline 10-15 per cent year on year in this financial year owing to choppy global economies, high import...
A delegation from India’s gem and jewellery export promotion arm, GJEPC, is visiting London this week to host a dinner to develop business ties with the...
Mumbai, July 5, 2019: The Gem & Jewellery Export Promotion Council (GJEPC) has sought rollback and further reduction in import duty on Gold and precious metals, which...
The Union Budget 2019 has hiked import duty on gold and other precious metals that are imported to 12.5%, from current level of 10%. The decision...
GJEPC is seeking a package from the Government to revamp the entire gem and jewellery sector in lines with what has been given by the Government...
Kolkata: The fresh round of withdrawal of the Generalised System of Preference (GSP) by the United States will affect $86.54 million in gem and jewellery exports...
Mumbai, 17 June 2019: The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS, which unites administrations, civil societies and diamond...
Gross exports of gems and jewellery declined sharply by 12.85 per cent to $3.17 billion in May 2019 from $3.64 billiion a year ago. This is...
SURAT: Gems and Jewellery Export Promotion Council (GJEPC) had put forth a slew of demands at the joint meeting of Board of Trade and Council of Trade...
Kolkata: Indian diamond trade, which started the financial year on a bleak note following a 17.64 per cent drop in exports of cut and polished diamonds...
INDIA DESIGN GALLERY TO FEATURE EXQUISITE JEWELLERY FROM INDIA 31 May, 2019 – The leading jewellery event in NorthAmerica, JCK Las Vegas will witness India Pavilion...