GJEPC innovNXT I Forty Under 40 - Next Gen Leadership Summit Witnesses Young Leaders Transforming The Business Landscape and Driving Growth-TBO TEK LIMITED IPO OPENS ON 8 May, 2024 PRICE BAND SET AT Rs. 875 TO 920 PER EQUITY SHARE-आधार हाउसिंग फाइनैंस लिमिटेड का आईपीओ 8-10 मई तक, 3,000 करोड़ जुटाएगी-Airbnb introduces Icons— Bollywood Star Jahnvi Kapoor opens the door to her legendary, never-before-seen family home in Chennai-AADHAR HOUSING FINANCE LIMITED IPO OPENS ON MAY 8, 2024 PRICE BAND SET AT Rs. 300 TO 315 PER EQUITY SHARE-महाराष्ट्र दिवस पर कालबादेवी में ओशो समारोह 'ओशो के अनुज डॉक्टर स्वामी शैलेंद्र सरस्वती' और 'मां अमृत प्रियाजी' की उपस्थिति में ओशो का ध्यान प्रयोग और प्रवचन होगा-Dr L H Hiranandani Hospital Launches Advanced Robotic System for Knee Replacement Surgeries-OSHO Meditation and Discourse to be hosted on 1st May at Sojat Swarna Bhawan, Kalbadevi, Mumbai In the gracious presence of Dr. Swami Shailendra Saraswati (OSHO’S Anuj) and Maa Amrut Priya-Lilavati Kirtilal Mehta Medical Trust Board Has Exposed A Major Financial Fraud Amounting Around Rs. 500 Crores, Making It A Serious Medical Scam-REC Announces Q4FY24 and 12M FY24 Results Net profit grows 33% to Rs 4,079 crore

GJEPC Facilitates India’s First Jewellery Exports Through Courier Mode from Mumbai

Mr. Vipul Shah, Chairman, GJEPC – Photo By GPN

The Gem and Jewellery Export Promotion Council of India (GJEPC)

  • Gem and jewellery products valued at up to Rs. 10 lakh can be exported via courier mode.
  • This momentous achievement was realized through the collaborative synergy of GJEPC, Customs authorities, Adani Group, and BVC.

MUMBAI, SEPTEMBER 7, 2023 (GPN): The Gem & Jewellery Export Promotion Council (GJEPC) has achieved a significant milestone by facilitating India’s first jewellery exports through courier mode from Mumbai. This development represents a significant leap forward in simplifying international trade.

India’s first 4 jewellery exports from Caratlane via Air India from India to USA was departed on 6th September 2023. The total export value was over $1000. 

Vipul Shah, Chairman, GJEPC said, “The swift implementation of exports via courier mode within one year of its announcement underscores the government’s commitment to this vital sector. I extend my heartfelt gratitude to the Mumbai Customs for taking this historic step at a crucial juncture, considering the industry’s current challenges. Enabling exports through courier mode will not only open doors to new markets but also significantly expand the value added exports from the sector by reaching directly to retail and end consumers abroad.”

Shah further emphasized, “The utilization of courier mode for exports has the potential to reduce costs by as much as 70% compared to cargo mode, thereby facilitating the entry of numerous jewellery businesses across India into the realm of e-commerce.”

Mumbai, being a pivotal export destination, will greatly benefit from this service, with its proximity to key gem and jewellery manufacturing regions, including Gujarat. This new initiative aligns with GJEPC’s mission to promote and simplify international trade in the gems and jewellery sector.

The GJEPC spared no effort in ensuring that the process was seamless and efficient. This included working closely with Customs Officials from the Courier Cell, dedicated stakeholders from the Adani Group, and Officials from BVC. The steadfast support provided by Chief Commissioner, Commissioner of Customs, and Joint and Additional Commissioner was truly commendable, and their contributions were instrumental in making this achievement possible.

This development is expected to further enhance the growth of the industry and open up new avenues for exports, especially in the e-commerce segment. With the support of the government and the dedication of its members, GJEPC looks forward to continued success in promoting Indian gems and jewellery on the global stage.

About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today repsresents 9000 members in the sector.  With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

Facebook: www.facebook.com/GJEPC
Instagram: www.instagram.com/gjepcindia
Youtube: www.youtube.com/gjepcindia
Twitter: www.twitter.com/GJEPCIndia 

 

 

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "GJEPC Facilitates India’s First Jewellery Exports Through Courier Mode from Mumbai"

Leave a comment

Your email address will not be published.


*