The Honourable Prime Minister of India, Shri Narendra Modi virtually inaugurated the 'Bharat Ratnam Mega CFC' at the SEEPZ SEZ in Mumbai on 12th January.
The Mega Common Facilitation Centre (Mega CFC) the first-of-its-kind in India, was conceptualised based on the request of gems & jewellery trade to the Hon’ble Minister of Commerce & Industry, Shri Piyush Goyal. This project aims at creating a world-class infrastructure for promoting the inherent skills of the gems & jewellery manufacturing industry. The Mega CFC provides a supportive and collaborative environment for entrepreneurs, MSMEs and small businesses to grow and thrive.
Bharat Ratnam will house cutting-edge equipment, including a 3D Metal printer. It will also provide training and skilling for artisans, including specially abled students. The Mega CFC will transform the export sector in the gem and jewellery trade and will also help domestic manufacturing.
Vipul Shah, Chairman, GJEPC, said, “Salute to the Hon’ble Prime Minister Shri Narendra Modi for steering a remarkable era of development across all sectors. His visionary strides towards shaping a Viksit Bharat are not only evident in groundbreaking policy reforms, but also in the development of infrastructure that promises to redefine the business landscape. On behalf of the Indian gem and jewellery community, I extend heartfelt thanks to the Prime Minister for his forward-thinking approach. The government’s steadfast support, exemplified by the establishment of the Mega CFC Bharat Ratnam in SEEPZ, Mumbai, lays a robust foundation for the industry’s future growth. Mega CFC is integral to the industry’s plan to double the SEZ export target from $7 billion to $15 billion, unlocking the untapped potential of around $30 billion.”
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
