The Gemological Institute of America in India gifted a set of replicas of of famous diamonds to the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya museum in Mumbai to celebrate the country’s contribution to the industry.
Rajesh Exports Limited reported a 0.24 percent rise in its net profit to Rs 316 crore ($44 million) for the second quarter, ended September 2019, as against a net profit of Rs 315 crore it had reported a year ago.
The Gem and Jewellery Export Promotion Council will hold the 37th edition of its business-to-business trade show “India International Jewellery Show- Premiere” from August 6 to 10, 2020, at the Bombay Exhibition Centre.
The India-China Gems and Jewellery B2B Matchmaking event brought around 15 Chinese gems and jewellery manufacturing businesses to New Delhi to encourage Chinese manufacturers to open factories in India.
The India Bullion and Jewellers Association agreed on selling fine jewellery and ornaments with post-dated cheques henceforth following the recent high-profile failures of several jewellery credit schemes.
The upcoming KP Plenary Meeting to be held in New Delhi from November 18 to 22 could be a “watershed moment” for the organisation which works to ensure diamonds are ethically sourced, according to the WDC’s President.
The Gem and Jewellery Export Promotion Council and the Gemmological Institute of India have both signed memorandums of understanding in Shanghai, China, with the aim of increasing cooperation in the jewellery industry.