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The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 6-7 per cent of the country’s GDP. It also employs over 2.5 million workers. One of the fastest growing sectors, it is extremely export oriented and labour intensive.
Based on its potential for growth and value addition, the Government of India has declared the Gems and Jewellery sector as a focus area for export promotion. The Government has recently undertaken various measures to promote investments and to upgrade technology and skills to promote ‘Brand India’ in the international market.
India is the largest player in diamond cutting and polishing and also the largest consumer of gold.
India is deemed to be the hub of the global jewellery market because of its low costs and availability of high-skilled labour. India is the world’s largest cutting and polishing centre for diamonds, with the cutting and polishing industry being well supported by government policies. Moreover, India exports 75 per cent of the world’s polished diamonds, as per statistics from the Gems and Jewellery Export promotion Council (GJEPC). India's Gems and Jewellery sector has been contributing in a big way to the country's foreign exchange earnings (FEEs). The Government of India has viewed the sector as a thrust area for export promotion. The Indian government presently allows 100 per cent Foreign Direct Investment (FDI) in the sector through the automatic route.
Team Leader
Leena Jaisani
Deputy Secretary General
2016
2015
2014
2013
2011
2010
Jan
Event
FICCI Gems & Jewellery Business Delegation to Vicenzaoro, Italy
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Dec
Event
Third Stakeholder's Roundtable on 'Gold Heritage Tourism'
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Oct
Event
FICCI-World Gold Council Stakeholder's Roundtable on “Gold Heritage Tourism”
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Aug
Event
FICCI World Gold Council Stakeholder’s Roundtable on Gold Tourism
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Apr
Event
FICCI Gems & Jewellery business delegation to VICENZAORO DUBAI
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Jan
Event
FICCI Gems & Jewellery delegation to VICENZAORO WINTER
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Press Release
"it will give a kick-start to a large number of stalled projects, thus re-invigorating investment and growth cycle", says FICCI president Jyotsna Suri on Land Ordinance
Nov
Event
FICCI Presents the Indian Luxury Expo
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May
Event
Savoir Faire - A Rendezvous with Style and Glamour!
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Nov
Study
All that glitters is Gold: India Jewellery Review 2013
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Event
FICCI-UBM Gems & Jewellery Conclave
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Jun
Event
Roundtable on Gold and growing CAD: Demystifying the myths and providing solutions
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Event
Design Awareness Seminar on Gems & Jewellery
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Jan
Event
International Conference on Gems and Jewellery
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