In a virtual review meeting held between the Finance Ministry and the GJEPC on 18th August, the Hon’ble Finance Minister Smt. Nirmala Sitharaman called for the formation of a Special Group, including Customs and banking officials, to resolve all issues related to the gem and jewellery sector. The Finance Minister added that if the gem […]
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]]>The Gem & Jewellery Export Promotion Council has begun the process of identifying those artisans doing daily wage jobs within the industry who are in need of financial assistance during the ongoing lockdown in the country as a result of the current global novel coronavirus pandemic. A database is being prepared electronically with artisans being […]
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]]>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 […]
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]]>Exports of cut and polished diamonds from India dropped by 3.51% year-on-year during the month of February 2019, while gold jewellery (plain and studded) exports rose by a marginal 1.06% y-o-y during the same month, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of cut and polished diamonds […]
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]]>Exports of gem and jewellery have declined by 1.59% to $3507.59 million during the month of February 2019 as compared to $3564.33 million in Feb 2018, according to data obtained from gem & Jewellery Export Promotion Council (GJEPC). Exports of gem and jewelley have fallen by 3.64% to $36.03 billion in the period April to […]
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]]>There are 38 loose diamond and gemstone exhibitors along with 37 jewellery exhibitors participating in the India Pavilions of the 2019 Hong Kong International Diamond, Gem, and Pearl Show and Hong Kong International Jewellery Show that is organised by the Gem & Jewellery Export Promotion Council (GJEPC). The two shows with overlapping durations — the […]
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]]>Exports of cut and polished diamonds from India dropped by 16.07% year-on-year during the month of January 2019, while gold jewellery (plain and studded) exports rose 32.35% y-o-y during the month, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of cut and polished diamonds stood at US$ 1.75 […]
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]]>The special MSME Seminar organised by GJEPC at the Signature IIJS venue on Tuesday, February 12 provided an insightful introduction into the vast opportunities that have opened for small entrepreneurs in today’s modern economy, as well as an overview of the government schemes to encourage growth in the sector, Two experts from the field, Shri […]
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]]>India’s exports of gems and jewellery in the April-November 2018 period (the first eight months of the fiscal year) stood at $20.73 billion while total sector imports for the period were $17.71 billion. This is a 6.77 percent fall over the $22.24 billion in exports recorded during the same period in 2017 against total sector […]
The post India Apr-Nov G&J Exports Fall 6.8% To $20.7B; Net Exports Up At $3B appeared first on The Jewelry Magazine.
]]>The Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the government notification exempting exporters from levy of 3% IGST on gold supplied to them by Nominated Agencies, and said that it would actively pursue other tax reliefs it has sought for the export industry, including similar exemption from IGST for silver and platinum supplies […]
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