India’s commerce minister assures jewellery industry of enabling environment and greater market access

The government is working on providing enabling environment and market access to the gems and jewellery sector, Union minister Piyush Goyal said. The commerce and industry minister was speaking at the foundation stone laying ceremony for a mega common facility centre at Santacruz Electronic Export Processing Zone Special Economic Zone (SEEPZ SEZ). “We need to […]

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India’s gems, jewellery exports decline by 4.21% in November 2021 to Rs 17,784.92 crore: GJEPC

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India’s overall gem and jewellery exports in November declined by 4.21 per cent to Rs 17,784.92 crore (USD 2,384 million) compared to the same month last year due to break in manufacturing activity during Diwali, the Gem and Jewellery Export Promotion Council (GJEPC) said on Tuesday. The total exports during November 2020 stood at Rs […]

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GJEPC sets up $ 44 billion exports target for gold, gems and jewellery in 2021-22; FIEO to support startups and artisans

The Gems and Jewellery Export Promotion Council (GJEPC) said it has set up an ambitious target of raising exports of the sector to $ 44 billion in 2021-22. Colin Shah, chairman, GJEPC, said the sector will work to play a positive role in achieving the USD 400 billion target. “There is an increasing recovery firming […]

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Maharashtra exempts gems, jewellery manufacturing activities from Covid-19 emergency measures: GJEPC

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The Gem and Jewellery Export Promotion Council (GJEPC) said the Maharashtra government has allowed export operations to resume with restrictions in number of people working in the manufacturing units during the ongoing night curfew and weekend lockdowns to curtail the coronavirus spread. In a virtual meeting with the gems and jewellery manufacturers and exporters on […]

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Gems and jewellery exporters seek sops in India’s new foreign trade policy

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Gems and Jewllery exporters have urged the government to provide support measures in the next foreign trade policy (FTP), 2020-2025, being formulated by the commerce ministry, to boost the country’s outbound shipments. Different suggestions were made by representatives of different export promotion councils during their meeting with the commerce ministry. Gems and Jewellery Export Promotion Council (GJEPC) […]

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Gems, jewellery sector a thrust area for export promotion: Minister Hardeep Singh Puri

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India’s gems and jewellery sector has been contributing in a big way to the country’s foreign exchange earnings and the government has viewed this sector as a thrust area for export promotion, Minister of State for Commerce and Industry Hardeep Singh Puri said. ”Therefore, the government allows 100 per cent foreign direct investment in this […]

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