Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

Yesterday

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

GJC to make India a 'Jewellery Tourism HUB' for the world

12 june 2023
The All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites manufacturers, wholesalers, retailers and exporters, has announced that it is organising the India Jewellery Shopping Festival (IJSF), the first its kind in the world, to uplift the business scenario across the industry. IDT Gemmological Laboratories Worldwide is the Title sponsor and Divine Solitaires is the Powered by Sponsor for this event.
The B2C scheme is scheduled to be organised from 12th October to 17th November 2023, while the B2B scheme is scheduled from 1st June 2023 to 31st October 2023. IJSF aims to make India a global destination for jewellery shopping. The five-week-long festival aims to promote India’s art heritage, and culture by showcasing and auctioning the best jewellery pieces for CSR activities and supporting the industry in increasing sales.
Dinesh Jain, GJC Director & IJSF Convenor, said, “The objective of IJSF is to develop jewellery tourism in India and make the country a jewellery hub. With the help of the Government, we will promote jewellery tourism in India by incentivising touring packages in association with the Tourism Ministry and travel agents. We are currently in discussions with the Government regarding import duty and GST refunds for tourists at the time of departure."
Saiyam Mehra, Chairman, Chairman GJC, said “This unique and first-of-its-kind opportunity is being offered to jewellers and participants across the value chain, providing thousands of innovative and intrinsic designs for regular and occasion wear. GJC will encourage only credible jewellers with a formal business model and promote them to become organised and follow the best business practices."

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished