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Gems and Jewellery Industry India News & Recent Update | IBEF

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Govt targeting US$ 80-billion exports in next five years: Official The Government of India is aiming at US$ 80 billion of jewellery exports in the next five years, up from the present level of US$ 40 billion....

IBEF January 31, 2020

Union Consumer Affairs Minister Shri Ram Vilas Paswan asserts Gold hallmarking being made mandatory to ensure consumers are not cheated, are better informed about purity and corruption is removed Hallmarking made mandatory for Gold Jewellery and Artefacts is to ensure that consumers are not cheated while buying gold ornaments and a period of one year is provided for implementation i.e. till January 2021....

IBEF January 15, 2020

Melorra raises US$ 12 million in Series C funding from Lightbox, others Melorra, an online jewellery brand, has raised funds of worth US$ 12 million in Series C funding from Lightbox, BlackSoil Capital and from family offices of some of India's biggest business houses....

IBEF October 11, 2019

Silver at three-year high, hits Rs 44,000 a kg in Mumbai's spot market Silver rose to a three-year high crossing Rs 44,000 (US$ 611) per kg in Mumbai’s spot market....

IBEF August 14, 2019

Trade body predicts the jump of Jewellery exports to $3 billion India’s jewellery exports to the US may increase by US$ 1 billion to almost US$ 3 billion if US Government is able to extend duty benefits to these products under the Generalised System of Preferences (GSP), according to the Gem & Jewellery...

IBEF July 29, 2019
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