What is the News ?

The Gems and Jewellery Export Promotion Council (GJEPC) has made a plea to the diamond industry, urging them to halt the importation of rough diamonds.

Facts About:

• GJEPC serves as the apex organization representing India's Gem and Jewellery industry, operating under the sponsorship of the Ministry of Commerce & Industry, Government of India.
• Primary Role: The Council's primary mission is to introduce Indian gem and jewellery products to global markets and facilitate their exports.

It achieves this by furnishing its members with crucial information on foreign trade inquiries, trade regulations, tariff rates, and updates on jewellery fairs and exhibitions.

• Location: Headquartered in Mumbai, Maharashtra, GJEPC maintains a presence through regional offices nationwide, boasting a membership exceeding 7,500.

Additional Functions:

• Collaborating in international jewellery showcases.
• Encouraging countries to explore opportunities for cooperation in the supply of rough diamonds, colored gemstones, and finished jewellery.
• Identifying potential partners and buyers in international markets through buyer-seller meetings.
• Administering the Kimberly Process Certification Scheme as India's Nodal Agency.
• Advocating for export-related matters with the Government, Ministries, Regulatory Authorities, and Agencies.
• Conducting image-building campaigns via international advertisements, publications, and audio-visuals.
• Establishing training institutes across six cities (Mumbai, Delhi, Surat, Jaipur, Varanasi, and Udupi) to impart manufacturing skills and promote technical and design excellence.
• Initiating the establishment of Jewellery Parks throughout the country.