Solitaire International - May 2019
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May 2019 issue Digital Access. 
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A Unifying Force The Domestic Council for Gems & Jewellery, which is in the final stages of formation, is a reflection of the industry’s determination to project a unified front for getting its voice heard. It is one of the major reforms undertaken by the Government of India to bring together a fragmented and opaque industry on a single structured platform. So far 16 big trade associations representing the entire gem and jewellery supply chain – including jewelers, manufacturers, miners, artisans/craftsperson’s, refiners, bullion dealers, hallmarking centres, etc. – have joined hands to lay the groundwork for the Domestic Council. Turn to the Cover Story for an exhaustive report by industry analyst Sanjiv Arole. Also read the opinions of key members of the Domestic Council’s ad hoc committee, including Rajesh Khosla, Surendra Mehta, Anantha Padmanaban and Duli Chand Karel. With the aim of strengthening trade relationships and augmenting business, the GJEPC organised the 4th edition of the India-SAARC-Middle East buyer- seller meet in Chennai and the 6th edition of the India Gemstone Week in Jaipur last month. The events each got more than 75 international buyers from several different countries.
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De Beers Diamond Jewellers Revamps Harrods Store
De Beers is proud to continue its legacy as the ‘Home Of Diamonds Since 1888’ with a refined new store in the Fine Jewellery Room at Harrods.
JJS Gears Up For December Show
The Jaipur Jewellery Show (JJS), the country’s largest combined business-to-business (B2B) and business-to consumer (B2C) jewellery show, will be held from December 22nd to 25th at the Jaipur Exhibition and Convention Centre (JECC) in Sitapura.
HK's 4,455+ Employees Take Part On International Yoga Day
Hari Krishna Group organised a yoga programme on 21st June 2017, International Yoga Day in its factory premises in Surat, and sales offices at BKC and SEEPZ, Mumbai.
GJEPC To Set Up IIGJ Centre In Udupi
The Gem & Jewellery Export Promotion Council (GJEPC) laid the foundation stone for a premier gem and jewellery training institute in Udupi, Karnataka, on June 16th.
US Diamond Jewellery Demand Reaches $41 Bn
Total diamond jewellery demand from US consumers increased 4.4% in 2016 to exceed $40 billion for the first time, according to industry insight data published by De Beers.
Business In The GST Era
Bullion analyst Sanjiv Arole evaluates the pros and cons of the recently implemented Goods & Services Tax (GST).
Signet Jewelers Appoints Virginia C. Drosos As CEO
Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, appointed Virginia “Gina” C. Drosos, who has served as a independent director of the company’s board since 2012, as the new chief executive officer of Signet, effective August 1st 2017.
GJEPC Opens Common Facility Centre In Palanpur
The Gem & Jewellery Export Promotion Council (GJEPC) said the second Common Facility Centre (CFC) was inaugurated in Palanpur by Nirmala Sitharaman, minister of state (independent charge) for commerce & industry, and Haribhai Chaudhary, minister of state for Micro, Small & Medium Enterprises (MSME), on July 10th.
Jewellers For Hope Raises ₹1 Crore For Three NGOS
The GJEPC hosted a by-invitation-only charity dinner, Jewellers for Hope, on the sidelines of the show to raise funds for a noble cause.
Small Is Big
Lightweight jewellery demand has grown 20% in the last year. Self-purchases, gifting and work wear drive the demand. Solitaire International interviewed retailers and designers to check out what’s hot in this category.
