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Gem & Jewellery Industry completes 10 years.


Date: 13-02-2010
Subject: Gem & Jewellery Industry completes 10 years

While GJEPC was set up in 1966 by the Ministry of Commerce and Industry and today caters to approximately 5500 exporters, the Eastern Regional Office of the council over the past ten years has looked after affairs in the Eastern & North Eastern states of India like West Bengal, Orissa, Bihar, Jharkhand, Assam, Tripura, Mizoram, Manipur, and Sikkim.

Pankaj Parekh, Regional Chairman, GJEPC, said “This celebration marks the successful running of the Eastern Regional office of the GJEPC. Ten years back, the total exports from Eastern Region was a fraction of the highest exporters performance, whereas now in both the categories, namely DTA & SEZ , highest exports have been won by members of this region who are also the main sponsors of this event. I hope with every year, the potential of this region is exploited to its fullest by GJEPC.”

The G&J industry accounts for 13% of the total export basket in India.

The Eastern region by virtue of its virtue of its rich and continuing tradition of craftsmanship for handmade gold jewellery culture is one of the leading contributors to the export figure. Over the past ten years, the eastern region has registered an incredible export growth from Rs. 175 crores to Rs. 4110 crores, according to an official release.

Vasant Mehta, Chairman, GJEPC, said : “With the assistance of the Government of India, we at GJEPC are committed to take the industry forward. Since 1966, GJEPC has streamlined the scattered efforts of Indian manufactures and exporters and established a relentless industry on which the Indian economy thrives. With the Eastern Regional office having successfully grown in the past ten years a benchmark has been set of other regions to up their performance. This is the need of the hour.”

The Eastern Regional office campaigned to create Manikanchan; the country’s first sector specific SEZ for Gem & Jewellery in Kolkata.

Their next demand would be to create an international standard artisan cluster would be soon fulfilled, said the release.

Source : indiablooms.com


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