The brand fought back the industry’s resistance to lab-grown diamonds and with technology, built a community where there is harmonious demand diversity between natural and lab-grown...
Mumbai, India – June 17, 2023 – The Gem & Jewellery Export Promotion Council (GJEPC) has been actively addressing the concerning decline in India’s gem and...
The commerce ministry has sought a reduction in the import duty on gold in the forthcoming budget with a view to push exports and manufacturing of...
Mumbai: The gem & jewellery exports to UAE have started showing a positive impact post the Comprehensive Economic Partnership Agreement (CEPA) with UAE. Post the implementation...
India’s gems and jewellery exports during May witnessed a year-on-year growth of 20 per cent to Rs 25,365.35 crore (USD 3.28 billion), amid strong demand from...
Mumbai: The Department of Commerce has set a gem & jewellery export target of USD 45.7 billion for the year 2022-23. This follows the industry’s stellar...
Mumbai: As announced by Hon’ble Finance Minister Nirmala Sitharaman in the 2022-23 budget, the Finance Ministry has come up with a draft Standard Operating Procedure (SoP)...
Kerala-based jewellery major Malabar Gold & Diamonds expects the overall revenue to be approximately USD 1.5 billion in the UAE market by the end of the...
Mumbai: The industry is witnessing a surge in exports and domestic sales of gold jewellery (Plain & Studded) post-pandemic. In the calendar year 2021, exports of...
Mumbai: The Indian gem & jewellery export sector has shown quick recovery post the pandemic with exports so far accounting for Rs. 2.4 lakh crores, a...
JAIPUR: With markets in the US and Europe having opened for business, gem and jewellery exports are in a better shape. Capacity utilisation at manufacturing units...
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...
“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...
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...
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,...
Traditionally, workers in Surat get a fortnight to a month-long holiday for Diwali, said industry executives. Nearly 650,000 workers in Surat, the world’s largest diamond cutting and...
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...
A depreciating rupee is set to improve India’s competitiveness in the world market and thus help boost exports of agricultural products, textiles and gems and jewellery, experts say. The rupee has depreciated...
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...
Under the scheme, the government would provide subsidy for any technological upgrade of the sector to help it foray into high-value added products besides reducing cost...
New Delhi: Union Budget 20-21 is likely to cut the import duty on gold from the current 12.5 per cent with a view to push exports of jewellery...
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...
The country’s gold imports dipped about 5.5 per cent in value terms to $29.5 billion during April-February 2018-19, which is expected to keep a lid on...