Author name: JNI

Gems & jewellery (GJ) industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay […]

At the opening day of IIJS Signature 2024, GJEPC Honored IGI CEO Tehmasp Printer at the Hall of Fame event. Tehmasp Printer expresses his heartfelt gratitude to the Gem & Jewellery Export Promotion Council for the esteemed recognition bestowed upon him. He also extends his congratulations to co-recipients. In his humble acknowledgment, he recognizes the

At the recently opened up IIJS Signature 2024, introduced the Select Club exclusively for Couture Jewellery manufacturers at IIJS Signature 2024! Additionally, GJEPC has introduced a dedicated section for luxury connoisseurs and couture jewellery buyers called, The Select Club at IIJS Signature 2024 in the Jio World Convention Centre. This exclusive section allows Couture jewellery

Right at the inaugural of IIJS Signature 2024, the Show Convener-National Exhibitions, GJEPC, Nirav Bhansali, said, as the first show of the year, IIJS Signature plays a crucial role in gauging demand from both domestic and global buyers. It also offers vital insights into the trends in different markets as per the buying behaviours. These

In the inaugural address of the IIJS Signature 2024, Vipul Shah, Chairman, GJEPC shared the roadmap & outlook for the Gem & Jewellery Industry & Trade. Vipul Shah, said, India is today a powerhouse of jewellery manufacturing and the domestic gem & jewellery market, which is currently valued at USD 44 billion will grow to

Union Minister Piyush Goyal inaugurated the New Year’s first and largest-ever India International Jewellery Trade Show-IIJS Signature; Gem & Jewellery Trade, organised by the country’s apex trade body, the Gem & Jewellery Export Promotion Council (GJEPC). The 16th edition of GJEPC’s IIJS Signature will witness 30,000+ visitors (including international buyers) from 800 Indian cities and

The platinum market is expected to record a deficit of 353 koz in 2024. Notwithstanding lower platinum demand, which stems from softer investment demand, lower, but historically elevated, industrial demand, and rising total platinum supply, the deficit is still represents 5% of 2024 platinum demand. Platinum supply is expected to increase by 3% to 7,310

Recently, the World Gold Council published, India’s Gold Market Reform and growth Report and reviewed the decade, from 2013 to 2023 for the unofficial gold market and government’s policy! Over the years, government policies on gold have had widespread consequences. Back in 2013 and 2014, for example, import duties and the 80:20 rule pushed up

India is unusual. Even though the country is one of the leading sources of gold demand worldwide, there is almost no domestic production. As such, when demand rises, imports tend to rise in sync. This can, at times, have a significant effect on India’s trade balance and current account. This was particularly in evidence after

Gold’s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets. Therefore, investment in gold against alternate asset classes including crude oil, real estate, bonds, and bank deposits may yield better returns