Empowering India’s Gem & Jewellery Exports: Strategic Seminars by GJEPC in Surat & Jaipur

The Gem & Jewellery Export Promotion Council (GJEPC), a pivotal organization dedicated to the growth and development of India’s gem and jewellery sector, recently orchestrated a series of impactful seminars aimed at fortifying the industry’s export capabilities. These critical gatherings took place in two of India’s prominent jewellery hubs: Jaipur on June 15th and Surat on June 16th. These seminars served as vital platforms for stakeholders to engage with policy makers, understand emerging trends, and address operational challenges, ultimately paving the way for enhanced global competitiveness and sustained export growth for Indian artisans and manufacturers.

Surat Seminar: A Nexus for Policy and Industry Collaboration

The Surat seminar, a collaborative effort with the Directorate General of Foreign Trade (DGFT), emerged as a high-profile event, attracting significant attention from both the industry and government. The gathering was graced by the esteemed presence of Hon’ble Union Minister of State for Road Transport & Highways, Shipping, Chemical & Fertilizers, Shri Mansukh Mandaviya, and Hon’ble Union Minister of State for Commerce & Industry, Shri C. R. Chaudhary, who both attended as Chief Guests. Their presence underscored the central government’s unwavering commitment to the export-oriented sectors. Further lending gravity to the occasion were Hon’ble Mayor of Surat Dr. Jagdish Patel and other distinguished dignitaries from Surat and Gujarat, all united on the dais, symbolizing a collective vision for regional and national economic prosperity.

Government Pledges and Industry Encouragement

Shri C. R. Chaudhary, in his address, meticulously outlined the myriad initiatives undertaken by the central government to foster a conducive environment for export businesses. He placed a strong emphasis on the critical need for Indian manufacturers and exporters to prioritize the delivery of unparalleled quality and to tirelessly strive for excellence in every facet of their operations. This call to action highlighted the government’s understanding that global acceptance and market penetration are intrinsically linked to superior product standards.

Echoing this sentiment, Shri Mansukh Mandaviya passionately encouraged local traders and manufacturers to transcend domestic boundaries and actively embrace the global marketplace. He urged them to transform into international players by venturing into the lucrative export business, assuring them of robust and comprehensive support from the government to help them realize this ambitious goal. This encouragement served as a powerful motivator for many budding entrepreneurs and established businesses looking to scale their operations internationally.

Navigating the Export Landscape: Keynote Insights

The keynote address, delivered by Shri Suvidh Shah, Deputy DGFT, Rajkot, provided invaluable insights into the intricate world of international trade. His comprehensive presentation delved into a range of pertinent topics crucial for both nascent and experienced exporters. Key areas covered included the fundamental aspects of the Export Cycle and the prerequisites for a successful Start-up in the export domain. He also elucidated the complexities and benefits of Foreign Trade Agreements (FTAs), explaining how these bilateral and multilateral pacts can open new markets and reduce trade barriers for Indian products. Furthermore, Shri Shah provided a clear understanding of the Goods & Services Tax (GST) regime and its implications for exporters, simplifying what can often be a daunting subject. The presentation was meticulously structured to cater to even new entrants to the industry, ensuring they gained an in-depth understanding of these critical operational and regulatory areas, empowering them with the foundational knowledge required for international trade.

GJEPC’s Regional Impact and Outreach

Shri Dinesh Navadiya, the Regional Chairman of GJEPC, took the opportunity to apprise the engaged audience about the various impactful initiatives spearheaded by the GJEPC within the Gujarat region. He eloquently articulated how the GJEPC has consistently acted as a vital catalyst for the sustained growth of gem and jewellery product exports from the state. Through strategic market intelligence, participation in international trade shows, policy advocacy, and skill development programs, GJEPC has been instrumental in shaping Gujarat’s prominence in the global gem and jewellery trade. The success of the seminar was evident in the impressive attendance, with over 500 potential exporters from Surat and its surrounding areas, alongside nearly 150 dedicated GJEPC members, underscoring the keen interest and the critical need for such educational and networking platforms.

Addressing Industry Concerns: Pre-Seminar Deliberations

Earlier on the day of the Surat seminar, GJEPC’s Regional Chairman Shri Dinesh Navadiya, accompanied by other prominent Committee members from the Gujarat region, held a crucial meeting with Shri C. R. Chaudhary. This constructive dialogue focused on presenting critical representations related to long-standing issues affecting the gem and diamond industry. Key concerns included challenges in securing adequate bank finance, the complexities surrounding accumulated Input Tax Credit, and the urgent need for the introduction of a pragmatic Job Work policy specifically tailored for the diamond industry. These issues directly impact the operational efficiency, liquidity, and overall competitiveness of businesses within the sector.

The Minister, while acknowledging the validity and importance of these issues and agreeing to address them through appropriate channels, also reiterated a crucial message. He stressed the paramount importance of meeting stringent global product standards and adhering to international requirements. Shri Chaudhary emphasized that only by consistently upholding these benchmarks can Indian goods achieve widespread international acceptability, thereby significantly boosting exports and, concurrently, generating greater employment opportunities within the country. This interaction highlighted the two-way street of industry support and industry responsibility.

Jaipur’s MSME Focus: Empowering Small and Medium Enterprises

Moving to the pink city, Jaipur, the GJEPC Rajasthan region meticulously organized an MSME Seminar on June 15th, specifically designed to empower Small and Medium Enterprises within the gem and jewellery sector. MSMEs form the backbone of India’s industrial landscape, and their growth is indispensable for national economic progress. This seminar provided targeted support and information to these vital enterprises.

Expert Panel and Diverse Perspectives

The Jaipur event featured an distinguished panel of speakers, each bringing specialized expertise to the fore. The seminar was addressed by Chief Guest Shri Virendra Singh, Jt. DGFT, Jaipur, who offered a macro-perspective on foreign trade policies. He was joined by Shri Pradeep Ojha, Dy. Director, MSME, providing insights into specific MSME development programs; Shri Avindra Laddha, Jt. Director, Industries, Government of Rajasthan, detailing state-level industrial support; Shri Prateek Chaturvedi from NSIC (National Small Industries Corporation), outlining schemes for small businesses; Shri Nitin Dumasia, a Consultant for the Lean Manufacturing Competitive Scheme, sharing strategies for operational efficiency; and Shri Naren Kotak from Edelweiss, providing crucial financial advisory. This diverse panel ensured a holistic view of support available to MSMEs.

Comprehensive Schemes for MSME Growth and Global Reach

The presentations delivered at the Jaipur seminar were incredibly comprehensive, covering a wide array of schemes and policies vital for MSME growth and international expansion. Key topics included a detailed explanation of the Rajasthan Government’s scheme to reimburse ground rent paid for participation in overseas exhibitions, effectively reducing a significant financial burden for aspiring exporters. Various central and state-level MSME Schemes were elaborated upon, alongside NSIC Schemes designed to provide grants and support for participating in both domestic and and international exhibitions, thus facilitating market access and visibility. Furthermore, the Lean Manufacturing Competitiveness Scheme was introduced, offering strategies for improving efficiency, reducing waste, and enhancing productivity. Beyond business development, the seminar also touched upon critical social security aspects, including the Swasthya Ratna policy and Swasthya Kosh, which provide health and welfare benefits for industry workers, alongside the ‘Parichay’ card initiative aimed at formalizing and supporting the workforce. These comprehensive discussions aimed to equip MSME member-exporters with the tools and knowledge necessary for sustainable growth, market expansion, and employee welfare.

The Jaipur seminar also saw a dedicated turnout, with over 50 member-exporters actively participating, demonstrating the strong demand for such targeted capacity-building programs within the MSME segment of the gem and jewellery industry.

Fostering a Robust Export Ecosystem for Indian Gem & Jewellery

The synergistic efforts demonstrated through these two seminal events in Surat and Jaipur underscore GJEPC’s unwavering commitment to fostering a dynamic and globally competitive Indian gem and jewellery sector. By bridging the gap between industry needs and government support, GJEPC continues to play an indispensable role in promoting exports, enhancing market access, and addressing critical operational challenges faced by manufacturers and traders across the nation. The emphasis on quality, global standards, and comprehensive support mechanisms for MSMEs reflects a forward-thinking approach aimed at securing India’s position as a leader in the international gem and jewellery market. These seminars are not merely informational gatherings; they are catalysts for change, driving innovation, facilitating policy dialogue, and empowering countless businesses to thrive on the global stage.

A Vision for Future Growth and Global Leadership

The outcomes and insights from both the Surat and Jaipur seminars highlight a clear roadmap for the future. The collaborative spirit between government bodies like the DGFT, various ministries, and industry apex bodies like GJEPC, creates a powerful synergy. This synergy is essential for overcoming obstacles related to finance, taxation, market access, and skill development. By consistently investing in education, policy advocacy, and direct support programs, India’s gem and jewellery industry is well-positioned to meet rising global demand, adapt to evolving trade dynamics, and achieve unparalleled excellence. The ambition to transform local traders into international powerhouses is not just a dream but a strategic objective, meticulously pursued through initiatives like these seminars, ensuring that the sparkle of Indian craftsmanship continues to captivate the world.

Pic caption: Dignitaries on the dais at the Surat seminar organised by GJEPC

News Source: gjepc.org