No other gemstone evokes the emotion of love and a sense of commitment like the diamond. This year, as the world battled with an unusual virus, the diamond industry collectively came to a halt for some time – miners stopped mining; and later, offered the flexibility to buy rough as per clients’ needs; India voluntarily […]

The post The Future Of Diamonds Is Bright appeared first on The Jewelry Magazine.

5 million people work in the G&J industry that is worth $40 billion and contributes around 7 per cent to our nation’s GDP The GJEPC has recommended import duty on Cut and Polished Diamonds and Gemstones from 7.5 per cent to 2.5 per cent. 10 per cent decline has been witnessed in export of diamond […]

The post GJEPC recommends reduction in import duty & other policy changes for the forthcoming budget appeared first on The Jewelry Magazine.

Namisha Jain, a 24-year-old resident of Mumbai’s Napean sea Road quarters, has just stepped out of Umedmal Tilokchand Zaveri, an 80-year-old jewellery store in south Mumbai’s Zaveri Bazaar. Her wedding is in January, and the excited bride-to-be has just purchased a diamond bracelet for what she calls the “most special occasion” of her life. She’s […]

The post Millennials prefer studded ornaments to plain gold appeared first on The Jewelry Magazine.

31 exhibitors from across the country showcased a range of plain and studded jewellery Gem & Jewellery Export Promotion Council (GJEPC), in its endeavour to promote exports of gems and jewellery, organised the 4th edition of India SAARC Middle East Buyer Seller Meet in Chennai. The three-day BSM (28th -30th April) showcased a variety of […]

The post 4th edition of India SAARC-Middle East BSM 2019 focuses to boost Jewellery exports to SAARC and ME Regions appeared first on The Jewelry Magazine.