On behalf of India’s jewellery sector, the All India Gem and Jewellery Domestic Council has written to the Union Finance Minister Nirmala Sitharaman and Reserve Bank of India to ask for financial assistance.
India’s jewellery industry is witnessing recession due to slowdown in consumption which could lead to massive job losses in the coming months, according to the All India Gem and Jewellery Domestic Council (GJC).
A number of trade groups representing the gems and jewellery industry have expressed concerns over the union budget’s proposals for raising customs duties on gold and fear that this could cause an increase in smuggling.
Indians could buy at least 10 percent more gold during the annual Hindu and Jain holy festival of Akshaya Tritiya than a year ago, industry officials said, as a dip in prices prompted consumers to increase purchases.
...à découvrir absolument et des créateurs reconnus, que ce soit en mode, accessoires et design », indique l’organisateur GJC& BB Sarl. « Tous ont un point commun essentiel, un je ne sais quoi qu’on pourrait appeler l...