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The India Jewellery Park of Mumbai, a mega initiative by the Government of India to take India’s jewellery manufacturing and trade to a new level, was inaugurated this month. The project will enjoy a total investment of more than $10 billion and once in operation is expected to generate an annual turnover of $30 billion. The Park is also estimated to generate employment of 100,000 (1lakh) workers, enhance manufacturing, investment, export growth and overall economic development of Maharashtra and India. The Consumer Affairs Ministry held a meeting with several stakeholders from the Gold jewellery industry on 28th February 2019, in Delhi to discuss on the proposal of making gold jewellery hallmarking mandatory. Consumer affairs minister, Ram Vilas Paswan chaired the meeting with the industry experts and discussed on several issues concerned with hallmarking. We bring you a special report on getting a step closer to hallmarking.

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