Browsing: Associations & Councils

The 72nd Bangkok Gems and Jewelry Fair commenced today, September 9, 2025, at the Queen Sirikit National Convention Centre (QSNCC), Bangkok. Inaugurated by Mr. Vuttikrai Leewiraphan, Permanent Secretary of the Ministry of Commerce, the event runs until September 13. The fair is organised by the Department of International Trade Promotion (DITP), in collaboration with the Gem and Jewelry Institute of Thailand (GIT), with support from a steering committee of 17 organisations. Present at the event were Ms Sunanta Kangvalkulkij, Director-General, DITP and Lead Organiser of Bangkok Gems and Jewelry Fair; Mr Sumed Prasongpongchai, Director-General, GIT; Dr Sitthichai Parinyanusorn, Deputy Director of Business, GIT; and Dr Rajendra Jain, CMD, SVAR Group and several dignitaries from across the globe. This edition brings together 1,106 companies from Thailand and abroad, across 2,628 booths. The fair is expected to welcome over 40,000 visitors and generate more than 3.5 billion baht in trade value.

The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, today begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.”

Srinivas Injeti, Chairman of the Board of Directors of The Indian Association for Gold Excellence and Standards (IAGES), has been appointed Chairman of the National Stock Exchange (NSE).

An MoU was signed between the India Association for Gold Excellence and Standards (IAGES) and the Institute of Chartered Accountants of India (ICAI) in the presence of Shri Arjun Ram Meghwal, Hon’ble Minister of Law and Justice, Government of India. The MoU was signed on behalf of IAGES by Kaushlendra Sinha, CEO, IAGES.

The Gem & Jewellery Export Promotion Council (GJEPC) hails GST reforms reducing IGST on small diamonds and GST on jewellery boxes. These measures ease export pressures, lower costs, and strengthen India’s diamond and jewellery ecosystem.

Unique Chains and Jewels Limited, a pioneer in fine gold jewellery, is all set to inaugurate its new sub-brand, Unigold 18 KT, on 10th September 2025 at 12:00 pm onwards. The launch will take place at Bullion House, 3rd Floor, 115 Tambakatta Lane, Mumbadevi Road, Near Hotel Sharda, Mumbai – 400003. This milestone reflects the company’s continued commitment to innovation, craftsmanship, and excellence.

The GST structure has been overhauled: the 12% and 28% slabs are removed, most items move to 5% or 18%, a special 40% slab is introduced for sin and luxury goods, and individual life and health insurance is exempted. These changes take effect from 22 September 2025.

All Kerala Gold and Silver Merchants Association State President K. Surendran and General Secretary Adv. S. Abdul Nazar alleged that the GST raid on the gold trading sector was untimely and aimed at disrupting the Onam trade

The Indian Chamber of Commerce (ICC) organised the Diamond Conclave 2.0, themed “India Shining for the Global Stage,” bringing together policymakers, industry leaders, and experts to deliberate on the opportunities and challenges shaping India’s gem and jewellery sector. The conclave highlighted India’s unparalleled dominance in diamond processing, the sector’s role in employment and exports, as well as the impact of recent U.S. tariffs and global trade dynamics

India posts 7.8% GDP growth in Q1 FY 2026. GJEPC Chairman Kirit Bhansali highlights strong gems & jewellery demand, diamond consumption, and India’s rise as a global jewellery hub.