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IMITATION JEWELLERY INDUSTRY
From Royalty to Retail: The Cultural Renaissance of the Indian DiamondIndia's diamond legacy began with the legendary Golconda mines, once the world's primary source, yielding stones that adorned royalty and f...- Govt imposes import curbs on all articles of gold, silver, platinumThese restrictions will apply irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any ot...
- India-EU FTA expected to double jewellery trade to $10 billion in three years: GJEPCFor Indian jewellery retailers, the trade deal presents an opportunity to expand their businesses across Europe and strengthen their global...
- EU FTA offers fresh hope to tariff-hit gem & jewellery exportersIndia's gem and jewellery sector anticipates a significant boost from the new EU free trade agreement, aiming to double bilateral trade to ...
- India-EU FTA to double gems, jewellery trade to $10 billion in next three years: GJEPCThis removes 2-4 per cent duties on precious jewellery, unleashing huge export potential with the 27-member EU countries, home to the world...
- Bling without the sting: How Gen Z is redefining gold glamGen Z's demand for affordable, trend-driven jewelry is reshaping India's market, with fast-fashion options gaining popularity. Brands are f...
- India's exports to Bangladesh dip amid 'volatile' situationPolitical unrest in Bangladesh has disrupted Indian exports, causing delays in payments for cotton and textiles. Engineering goods, gems, j...
- Finance Ministry issues draft SoP for e-commerce jewellery exports through courier routeThe Central Board of Indirect Taxes and Customs (CBIC) has invited feedback and suggestions from stakeholders by June 14 on the Standard Op...
- Jewellery prices set to come down with govt reducing import duty on cut and polished diamondsSimultaneously, the move will also increase exports of diamond studded jewellery India. Exports of gem and jewellery from India have alread...
- Government proposes reduction in import duty on cut & polished diamonds & gemstones to 5 per centPresenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery throu...
- Pandemic took away the sparkle from Rs 30,000 crore fashion jewellery industryWith very little social gatherings and grand wedding events happening due to Covid-related restrictions, demand has dropped significantly, ...
- Imitation jewellery industry seeks 35% duty on Chinese imports to boost local productionIn a representation to union micro, small and medium enterprises minister Nitin Gadkari, Imitation Jewellery Manufacturers’ Association exp...
- Imports of cheap imitation jewellery from China may come downSome imitation jewellery sellers are now looking to import from South Korea, where prices are on a par with those of imitation jewellery ma...
- Local council for gem & jewellery to be launched on January 31While the DC will be launched at the month-end, its structure will take a few more months to be put in place.
- Budget 2016: 1% excise duty on gold and diamond jewellery to hurt industryThe India Bullion & Jewellery Association fears that the introduction of the excise duty will lead to job loss in the gem and jewellery sec...
- Budget 2016: Tax benefits for leather, gems & jewellery likelyGovernment is considering a package of tax incentives for the labour-intensive leather and gems and jewellery sectors in the forthcoming Bu...
- Artificial jewellery industry in India faces threat from China onslaughtIn FY14, the costume jewellery business grew 25%-30% as gold prices touched Rs 33,000 per 10 gm. Currently, the size of the costume jewelle...
- Artificial jewellery business may lose to Chinese importsWeak manufacturing coupled with cheap imports from China have put costume jewellery manufacturers in a spot.
- Costume jewellery clocked 20-30% growth in FY14Costume jewellers say they have clocked 20-30% growth in current fiscal with women embracing such jewellery for attending weddings and part...
- High gold prices drive up imitation jewellery demand by 85%: AssochamThe imitation jewellery market, which is about Rs 8,000 crore in India presently, is expected to touch Rs 15,000 crore by 2015.
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