Bharat Diamond Bourse was hosted His Excellency, Mr. Gilbert S. Mangole, the esteemed High Commissioner of Botswana, along with Mr ..read more

“The reduction in the basic customs duty on gold and silver to 6% and on platinum to 6.4% is a commendable move by the government. This was a long-standing demand from the All India Gems & Jewellery Domestic Council, which represents the entire gems and jewellery industry. The customs duty reduction will benefit domestic jewellery manufacturers, especially small and medium enterprises, encouraging them to transition gradually to the formal channel. Additionally, the Finance Minister has also increased the scope of working capital loans to SMEs and MSMEs, which will help these units expand ..read more

Vipul Shah, Chairman, GJEPC, reacts to the Union Budget presented by Union Finance Minister Smt. Nirmala Sitharaman on 23rd July 2024 “The Union Budget 2024 is a game-changer for the gems and jewellery sector. The reduction in import duties on gold and silver to 6% and platinum to 6.4% is a major boost for our industry, enhancing affordability for consumers and competitiveness for the manufacturing sector by releasing working capital. The abolition of the 2% Equalization Levy and introduction of the Safe Harbour Rule on sale of rough diamonds at SNZs will firmly establish India as a global ro ..read more

A delegation from the Gem & Jewellery Export Promotion Council (GJEPC), led by Chairman Shri Vipul Shah, engaged in productive discussion with key members from the Kashmir Chamber of Commerce & Industry (KCCI) and All Kashmir Gold Dealer Association and local gem and jewellery trade members. Also, in attendance from GJEPC were Mr. Kirit Bhansali, Vice Chairman; Mr. Nirav Bhansali, Convener of National Exhibitions Sub-committee; Mr. Ashok Seth, Regional Chairman – North; Mr. Sabyasachi Ray, Executive Director, and other Board members of Council. From the Kashmir gem and jewellery frate ..read more

The diamond industry gathered in Surat city for an exhilarating three-day showcase of loose diamond, natural diamond, lab-grown diamond, jewellery, machinery, software and cutting-edge technology, held from 12th July to 14th July 2024 at the Surat International Exhibition and Convention Centre located at Sarsana, Surat. Organized by Surat Diamond Association, this premier B2B event brought together leading manufacturers, industry experts, and enthusiasts from around the country.The exhibition venue was abuzz with excitement and energy as visitors explored a vast array of some of the most stun ..read more

On June 29th, Union Minister Piyush Goyal visited Bharat Ratnam – Mega CFC, a project of the Gem & Jewellery Export Promotion Council (GJEPC) and SEEPZ. During the event, GJEPC highlighted its strategic initiatives, which have significantly contributed to the resilience, growth, and stability of the Indian gem and jewellery industry amidst global challenges. The event, held at the Bharat Ratnam Mega CFC in SEEPZ, featured the presence of several esteemed guests, including Shri Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ; Shri C.P.S Chauhan, IRS, Joint Development Commis ..read more

JOSH (Jewellery Occupational Skilling Hub) an initiative of GJSCI. Imparting Skills to individuals which primarily focuses on Training Candidates from deprived backgrounds of Society. A Convocation ceremony was held on 27th June, 2024 to felicitate 115 candidates, the pass outs of the 7th Regular batch of Candidates as well as the 1st batch of students from the Specially Abled Persons (SAP/PwD) batch. The Job-roles under which these candidates were trained were Filing & Assembly, Basic Metal Setting, Polishing & Cleaning, Jew. CAD Designing, Diamond Assorter, Wax Setting, SAP – Filing ..read more

Bharat Diamond Bourse (BDB) was honored to host His Excellency Mr. Yagi Koji, Consulate General of Japan in Mumbai, along with Ms. Ohori Keina Vice-Consul of Japan in Mumbai and Ms. Leila Kazi – Specialist Economic Affairs, Economic Advisor from the Japanese Consulate, in Mumbai. The visit, aimed at fostering stronger economic ties and cultural exchange between Japan and India, marks a significant milestone in bilateral relations. During the visit, Mr. Anoop Mehta, President of the Bharat Diamond Bourse & Mr. Mehul Shah Vice President of Bharat Diamond Bourse, warmly welcomed the distingu ..read more

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●Urges Government to make India a global trading hub for diamond & coloured gemstones ●Introducing a Safe Harbour rule in SNZs ●Introduction of Diamond Imprest License ●Introducing duty drawback on exports of platinum Jewellery for India UAE CEPA benefit ●Reduction in import duty on gold/silver/platinum bars to 4% ●Introduce separate HS code for CVD and HPHT diamonds at 8 digit level GJEPC Chairman Shri Vipul Shah presented key recommendations for the gem & jewellery trade at today’s pre-budget meeting with Union Finance Minister Smt. Nirmala Sitharaman. Mr. Vipul Shah, Chairman of GJ ..read more