Gem and jewellery exports dip 4 per cent in November

Gold jewellery shipments up 22% Gem and jewellery exports dipped 4 per cent last month to $2.53 billion against $2.65 billion logged in the same period last year. In rupee terms, exports were down 4.74 per cent to Rs 18,136 crore (Rs 19,039 crore). Cut and polished diamond exports were down 27 per cent to … Read more Gem and jewellery exports dip 4 per cent in November

GST, cash flow issues take glow out of gem, jewellery sales

Sale of gem and jewellery is likely to drop 10-15 per cent in the current financial year due to Goods and Services Tax (GST), high gold price and cash flow issues, according to N Anantha Padmanaban, Chairman, All India Gem and Jewellery Domestic Council. In 2016-17, the sale of gem and jewellery was nearly ₹3.60 lakh … Read more GST, cash flow issues take glow out of gem, jewellery sales

Taiwan Jewellery & Gem Fair Ended on November 6

TAIPEI, Taiwan, Nov. 13, 2017 /PRNewswire/ — The “Taiwan Jewellery & Gem Fair 2017” has concluded on November 6 at Taipei World Trade Center, Hall 1.  Attracted more than 10,000 visits, the organiser estimated the total sales fetched up to 18 million US dollars.  Affected by the economic recession and new domestic monetary Act, the number of visitors remained … Read more Taiwan Jewellery & Gem Fair Ended on November 6

Gem and jewellery council eyes $60 bn exports by 2022

‘Vision Document’ suggesting reforms ready for submission The Gem & Jewellery Exports Promotion Council (GJEPC) has prepared a ‘Vision Document’ to achieve an exports target of $60 billion by 2022, said a top official. “I was asked by the Prime Minister to submit a ‘Vision Document’ to see to take the industry to a high … Read more Gem and jewellery council eyes $60 bn exports by 2022