March 10, 2026 11:38 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
CEC Gyanesh Kumar faces black flags during Kalighat Temple visit in Kolkata amid TMC’s SIR protests | ‘Arrogance will be shattered’: PM Modi warns Mamata Banerjee over remarks on President Murmu | Bloodbath on Dalal Street! Sensex, Nifty crash amid escalating Middle East conflict | Iran appoints Mojtaba Khamenei as new supreme leader amid Middle East tension | Iranian drone strike near Dubai Intl. Airport's terminal forces emergency flight suspensions | 26-year-old Hindu man killed after Holi altercation with Muslim neighbour in Delhi’s Uttam Nagar; four arrested | Zohran Mamdani defends wife amid scrutiny over her 'support' for Palestinian cause | Explosions rock club in Kolkata’s Paikpara, locals claim bombs were stored inside | Iran conflict: White House says US could achieve ‘Operation Epic Fury’ objectives in 4–6 weeks | Sensex, Nifty tumble as global tensions and Dow selloff rattle Indian markets

Indian gem and jewellery industry finds Make in India campaign encouraging

| | Mar 28, 2017, at 07:31 pm
Kolkata, March 28 (IBNS): Impact of Goods and Services Tax (GST) on the gem and jewellery sector, charges applied on credit or debit card purchases and demonetisation effects were some of the key issues discussed at the Preferred Manufacturer of India (PMI) programme recently held in Kolkata.

Organised by the All India Gem and Jewellery Trade Federation (GJF), the fifth PMI regional networking meet held at the JW Marriott hotel, was the first after the demonetisation scheme was declared in November last as well as the first under the new Committee of Administration (COA).

Present at the meet were members of GJF, including Director Sanjay Jain, Chairman Nitin Khandelwal, Immediate Past Chairman GV Sreedhar, and former Chariman Bachhraj Bamalwa.

The PMI program brought under one roof leading Indian manufacturers of gold, diamond, and studded jewellery and a large number of retailers so that participants can discuss how they can support industry-wide business efforts.   

According to the organisers, the regional meet is expected to benefit local jewellers and craftsmen, especially those expert in creating handmade jewellery designs.

West Bengal has the largest number of goldsmiths and craftsmen in India, whose work is recognised across the world and their jewellery sell very fast, the organisers said.

Nitish Khandelwal, chairman, GFI, said that it is not possible to put a figure to the business conducted. "The  main thing is to have a good and long-term relationship which will be good for future business,” he said.

G.V Sreedhar, Immediate Past Chairman, said, “This networking business is a new age mantra for successful enterprises and PMI offers manufacturers a dedicated platform that facilitates better relationship building with the country’s most prominent jewellery retailers. We are uplifting the skills of karigars of the entire country.”

“The dream of our Prime Minister Narendra Modi’s Make in India project that the employment of more and more karigars, many people are taking part in this industry,: said Sreedhar.

Sankar Sen, Zonal Chairman - Eastern Region said, “The platform provides an opportunity to interact directly with the manufacturers who have thorough knowledge, which enhances the exchange of ideas, and learn about trends, innovation and best practices.”

 

(Reporting by Camellia Chatterjee)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm