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GJEPC IIJS 2017 opening
GJEPC Unveils 5-Year Plan to Boost Indian Exports
India’s jewelry trade has outlined a plan to increaseexports by about 40% over the next five years, Praveenshankar Pandya, chairmanof the country’s Gem and Jewellery Export Promotion Council (GJEPC), saidFriday. The council has...
Polished Markets Jul 30, 2017 Avi Krawitz
India cutting
Surat Traders Strike over New Tax
Diamond traders in India observed a one-day shutdown onSaturday in opposition to a new tax on the industry, according to local reports.Several thousands of traders and brokers joined the strikein Surat, a diamond-manufacturing hub in the state of Gujarat, following a callby...
Financial-Legal Jun 18, 2017 Rapaport News
Sparkle exhibition Surat
India’s Cash Policy Delays Surat Jewelry Fair
Gujarat authorities postponed the annual SparkleInternational gem and jewelry exhibition by a month as India’s demonetizationpolicy prevented visitors from attending the show in December.The 9th edition of the fair will now take place in Suratfrom January...
Polished Markets Dec 27, 2016 Rapaport News
Surat Factory Workers
Surat Diamond Bourse Project Put On Hold: Quick Take
Plans to develop a Surat Diamond Bourse (SDB) have been put on hold amid the weak diamond market. An SDB spokesperson told The Times of India this week that many diamantaires who initially expressed interest...
Polished Markets Jul 22, 2015 Ronen Shnidman
Kalyan Jewellers Vadodara Store Launch
Kalyan Jewellers Expands Retail Network
Kalyan Jewellers opened a showroom in Vadodara, expanding its retail presence in India’s western state of Gujarat. After Ahmedabad and Rajkot, this is Kalyan’s third showroom in the state. “The launch of our store in Vadodara underlines the...
Retail Dec 14, 2012 Dilipp S Nag
SDA Urges Diamond Firms to Close on Thursday for Polls
The Surat Diamond Association (SDA) has appealed to diamond companies to close their factories and offices on Thursday, the polling day of the assembly election in India’s western state of Gujarat.The association said the gesture would...
Manufacturing Dec 12, 2012 Dilipp S Nag
ASSOCHAM Gems and Jewellery Report
China's Rough Diamond Deals May Impact Surat Industry
Surat’s diamond manufacturing sector is facing increased competition from China, ‎putting a dent the Indian city’s status as a leading polishing and cutting hub. ‎A report by the Associated Chamber of Commerce and Industry of India (ASSOCHAM) ‎noted...
Manufacturing Dec 05, 2012 Dilipp S Nag
Forevermark Vadodara Launch
Forevermark Expands into Ahmedabad, Vadodara
Forevermark, the diamond brand from the De Beers Group, expanded its reach in India through new partnerships in Ahmedabad and Vadodara of Gujarat state.“We are delighted to launch in Ahmedabad, a market that is of significant importance to us,” said...
Retail Nov 22, 2012 Dilipp S Nag
SDA Apprises Election Commission on Cash Seizure Issue
The Surat Diamond Association (SDA) on Friday apprised officials of the Election Commission of India (ECI) on issues that diamantaires are facing related to the cash seizures by the commission's surveillance teams ahead of the assembly election in December in Gujarat state.In a bid to curb the circulation of ''black money'' during...
Polished Markets Oct 19, 2012 Dilipp S Nag
Dubai Chamber-SGCCI
Dubai, Gujarat Sign Pact to Boost Diamond Trade
The Dubai Chamber of Commerce and Industry and the Southern Gujarat Chamber of Commerce and Industry (SGCCI) recently signed an agreement to promote bilateral trade between Dubai and Surat, mainly in diamond and textile businesses.Dubai...
Polished Markets Apr 26, 2012 Dilipp S Nag
GJEPC Announces Annual Awards Winners
The Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday announced its 38th annual award winners in Surat to celebrate the performance of exporters, brands and local diamond companies. The event was attended by the Chief Minister of Gujarat, Narendra Modi, the featured guest and the...
Manufacturing Oct 11, 2011 Dilipp S Nag
Authorities Detain Two on Diamond Smuggling Charges
The Surat branch of the Directorate of Revenue Intelligence (DRI) detained two people on suspicion of diamond smuggling. One suspect was a citizen of the Democratic Republic of the Congo and the other was a resident of the Rajkot...
Financial-Legal Aug 10, 2011 Ricci Dipshan
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