Indian gem and jewellery industry finds Make in India campaign encouraging

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)