Browsing: Associations & Councils

As per the data released by the Gems and Jewellery Export Promotion Council (GJEPC), the apex body for the Gems & Jewellery Industry in India, the overall gross exports of Gems & Jewellery in October 2024 stood at USD 2998.04 million (Rs. 25194.410 crores) showing a growth of 9.18% compared to USD 2746.09 million (Rs. 22857.16 crores) for the same period last year. This can be considered as a relief for the Indian gems & jewellery industry after a stormy 2024 causing volatility in markets.

The Ministry of Commerce & Industry has issued an update in the Gazette of India announcing an important amendment to the Handbook of Procedures, 2023, to further streamline jewellery exports. The Directorate General of Foreign Trade (DGFT) issued a public notice dated 13th November adding Amritsar Airport as an authorised export point for gold, silver, and platinum jewellery.

India’s gem and jewellery exports has made strides in October 2024, marking a turning point with positive growth in multiple product categories, notably cut and polished diamonds, gold Jewellery (plain & studded), and polished lab-grown diamonds. In October 2024, the overall gross exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores),

DiaMondaine Diamantaires Club, a leading platform dedicated to connecting the global jewellery industry, made waves at the prestigious Monaco Yacht Show in October, where they stood as VIP Jewelry Partners at Fairmont Monte Carlo. This exclusive event brought together an exceptional community of jewellers, creating valuable networking opportunities and showcasing the finest in luxury jewellery

The Directorate General of Foreign Trade (DGFT) has revised wastage norms and Standard Input Output Norms (SIONs) for jewellery, effective from 1st January 2025. DGFT had reduced the wastage norms drastically across all jewellery categories vide Public Notice No. 05/2024-25 on 27th May 2024; recognizing the impact

Leaders from the diamond, jewellery and precious metals sector come back to Brazil on May 14th & 15th for BSM (Buyer Seller Meeting) Brasil 2025 in it’s third edition, that brings key delegations (wholesalers and retailers) from South American countries

GJEPC hosted an interactive session in Mumbai on October 17th, bringing together over 75 participants, including industry leaders and bankers, to discuss the current state of the gem and jewellery sector and strengthen ties with financial institutions. Led by GJEPC Chairman Vipul Shah, the event addressed challenges such as declining

Shri Siddharth Mahajan, Jt. Secretary of Gems & Jewellery Division in Ministry of Commerce & Industry, Govt. of India was on an industry visit at Jaipur (09-10-2024). He visited the gems and jewellery manufacturing units, Indian Institute of Gems & Jewellery and Gems Certificate Laboratory, all located in Sitapura Industrial Area there. The visit was coordinated by NGJCI.

UAE’s leading natural diamond jewellery brand Jawhara has been an industry pioneer with all their initiatives. Their two-year-long partnership with Natural Diamond Council (NDC) has helped establish their authority amongst discerning consumers in the region, and their latest venture furthers their vision towards transparency by educating and empowering the Jawhara sales team with tools to upsell, upskill, and increase their natural diamond sales.

The 4th edition of the International Gem & Jewellery Show (IGJS) Dubai commenced today, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) of India. This exclusive event, co-sponsored by Suntech Business Solutions and supported by the Dubai Gold & Jewellery Group, brings together the finest of Indian gems and jewellery, reinforcing India’s position as a premier destination for global buyers.