Antimicrobial jewellery is being offered in categories such as chains and rings, which feature special-coated layers that self-disinfect the surface and impede any further microbial growth. Currently, the range is available in stores across Chennai and Lucknow, with further launches planned in Kolkata and Hyderabad followed by other key markets. In June 2021, Tanishq launched antimicrobial jewellery in certain markets as a pilot project.There will be 150 booths having products such as plain gold, gold-studded jewellery, diamond-studded jewellery, silver jewellery, loose diamonds and gemstones. GJPEC sources said that >250 buyers have registered and >95 stalls have been booked for Dubai IGJS 2021. It will also hold a five-day physical exhibition-India International Jewellery show (IIJS-2021)-in Bengaluru from September 15-19, 2021, in a first such event outside Mumbai. The GJEPC will organise its first International Gems and Jewellery Show (IGJS) outside the country, in Dubai, from August 14-16, 2021.In May 2021, GJEPC and Embassy of India, Morocco, co-hosted the ‘India Global Connect’ to better understand the present business climate in the gems and jewellery sector and seek trade prospects for manufacturers, exporters and importers from both countries.750 crore (US$ 100 million) in a gold refinery and jewellery unit in Hyderabad. In September 2021, Malabar Group invested Rs.Some of the key developments in this industry are listed below: India’s Gems Jewellery Export Promotion Council (GJEPC) aims to triple its exports to the UAE post the CEPA.Ĭumulative FDI inflows in diamond and gold ornaments in India stood at US$ 1,213.05 million between April 2000-March 2022, according to the Department for Promotion of Industry and Internal Trade (DPIIT). CEPA will provide the industry duty-free access to the UAE market. The Indian Government also signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) in March 2022, this will allow the Indian Gems and Jewellery industry to further boost exports. The Government has permitted 100% FDI in the sector under the automatic route, wherein the foreign investor or the Indian company do not require any prior approval from the Reserve Bank or the Government of India.
GEMS JEWELRY UPGRADE
The Government has undertaken various measures recently to promote investment and upgrade technology and skills to promote ‘Brand India’ in the international market. Based on its potential for growth and value addition, the Government declared the gems and jewellery sector as a focus area for export promotion. The gems and jewellery sector is likely to employ ~8.23 million persons by 2022, from ~5 million in 2020. We want to become your friend in the jewelry business.As of February 2021, India’s gold and diamond trade contributed ~7.5% to India’s Gross Domestic Product (GDP) and 14% to India’s total merchandise exports. Naturally, we’re interested in making a sale but making a relationship is more important to us.
At Gems of La Costa, our first priority is your peace of mind. No hype or high pressure, just straight talk and common sense. In a world of inflated claims with many boasting the largest selection and the lowest prices, we understand that when looking for a jeweler, what you’re really looking for is trust. Master jewelers on-site with 30+ years jewelers experience! “We want to make your experience as pleasant as your price.”
GEMS JEWELRY PROFESSIONAL
Are you looking for a gift for a special occasion or has the time come to “pop the question”? Do you need a small repair or are you thinking about a new custom design? Want a jeweler with a reputation for Quality, Integrity & Value? At Gems of La Costa Jewelers, our professional jewelry store staff is dedicated to your satisfaction and our prices and policies are established to earn your repeat business.
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