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INDIA TO LAUNCH A NEW GEM AND JEWELLERY DOMESTIC COUNCIL

The new apex body to focus on domestic manufacturing and developing a wider base to grow exports
India Gems Diamonds
Credit: David Talukdar / shutterstock.com

Shri Suresh Prabhu, India’s Minister of Commerce & Industry, will launch the new Gem & Jewellery Domestic Council in Mumbai on January 28, 2019. According to Rough & Polished, the new apex body “will bring together all the different segments of the industry within India under a common banner”.

 

The Gem & Jewellery Domestic Council will focus on “strengthening domestic manufacturing and developing a wider base to grow exports”. It will be structured in the form of a federation and have trade associations, rather than individuals, as members.

 

GJEPC Chairman Pramod Kumar Agrawal said: “We welcome the government’s decision to form the Domestic Council for the Indian gem & jewellery industry. This will help to organise our unorganised and small scale based domestic jewellery industry and help it to scale new heights […] We will make this a body which belongs to all and works to fulfil the aspirations of all small and big associations from all across the country […]”.



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