Author name: JNI

PNG Jewellers, a name linked with trust, purity, and outstanding craftsmanship for 192 years, is happy to announce the grand launch of its newest location in Nashik. Madhuri Dixit, a recognized Bollywood icon, opened the store today at Shop No. 1 & 2, Shree Tirumala Magnizent, Plot No. 1, 100 Fts. Ring Road, Govind Nagar, […]

A 14-member Thai team, led by Ms. Nuntawan Sakuntanaga, Chairman of the Gem and Jewellery Institute of Thailand (GIT), visited Jaipur to investigate prospective cooperation with India’s gem and jewellery industry. The delegation met with representatives from the GJEPC‘s institute (IIGJ) and lab (IIGJ-RLC), as well as members of the Jewellers Association Jaipur and the

Foreign Direct Investment (FDI) in India’s gems and jewellery sector increased by 673% year on year in the first quarter of FY2024, to $40 million (INR 330 crore), up from $5 million (INR 42 crore) in the same period in 2023. This huge surge reflects restored investor confidence in the sector. According to a GJEPC

Rio Tinto’s Diavik diamond mine has officially begun commercial production at its A21 underground mine, marking an important milestone in the mine’s operations. The successful completion of Phase 1 of the A21 underground project follows substantial development and construction work. The company has also gotten approval for Phase 2 of the project, which would require

GJEPC and the Export-Import Bank of India (EXIM Bank) have collaborated to launch a thorough cluster study in Kolkata targeted at boosting export growth in the gem and jewellery sector. On Tuesday, October 1, a meeting was convened at the Ankurhati Gems & Jewellery Park in Howrah district to identify stakeholders’ specific needs and assess

Signet Jewelers stated that Virginia “Gina” C. Drosos, after twelve years with the company, will to retire as Chief Executive Officer and member of the Board of Directors on November 4, 2024. Following careful succession planning and a search process, the Board has nominated J.K. Symancyk to succeed Drosos as CEO, and he will join

Ahead of the 2024 CIBJO Congress in Shanghai, the Gemmological Commission has issued a paper calling for the implementation of universal best practices for gem laboratories globally. The report recommends that the CIBJO Gemmological Laboratories Blue Book, a comprehensive handbook with over 300 pages, be utilized as a benchmark for gem labs. This could lead

The Maharashtra state government has offered a 100% waiver of stamp duty on the initial lease of land and subsequent sub-leases within the India Jewellery Park, a GJEPC project in Mahape, Navi Mumbai. The resolution, published in the Maharashtra Government Gazette on September 25, 2024, seeks to attract investment in the jewellery business and boost

GJEPC organized its first-ever B2B India Pavilion at the 54th Watch and Jewellery Show Middle East 2024, which will be held at the Expo Centre in Sharjah from September 25th to 29th. H.E. H.H. Sheikh Abdullah Bin Salim Bin Sultan Al Qasimi, Deputy Ruler of Sharjah, officially inaugurated the show on September 25th. Over 1000

Speaking to the United Nations General Assembly (UNGA) in New York, CIBJO President Gaetano Cavalieri expressed the international jewellery, gemstone, and precious metals industries’ commitment to achieving the UN’s Sustainable Development Goals, stating, “Our world faces unprecedented challenges, but together we still have the opportunity to construct a better future for all, building resilience and