loader image
Connect with us

National News

DGFT Summit Explores E-commerce’s Role in Boosting Gem & Jewellery Export Potential

Published

on

667 Views

The Directorate General of Foreign Trade (DGFT) hosted an E-commerce Export Summit at Bharat Mandapam, Pragati Maidan, on 11th March, gathering industry leaders to explore the growing potential of e-commerce in enhancing retail exports. Mr. Sabyasachi Ray, Executive Director of GJEPC, delivered a keynote presentation on ‘Enhancing Retail Exports through E-commerce.’

In his opening remarks, Mr. Ray emphasized the critical role of e-commerce platforms in driving growth for the gem and jewellery sector. He noted that e-commerce is particularly well-suited to this industry due to the low volume and high value of its products, making it ideal for cross-border trade. He expressed confidence that businesses in the sector will see substantial growth in the near future, driven by the accessibility and scalability of e-commerce.

Mr. Ray also provided insights into recent foreign trade policy reforms introduced by the Government of India. These regulatory changes have significantly eased e-commerce exports, contributing to the sector’s remarkable growth. Currently, India’s gem and jewellery exports total $38 billion, with projections aiming for $100 billion by 2047, largely fueled by the expanding e-commerce landscape.

He advised exporters to focus on identifying key product markets and understanding consumer preferences to secure repeat business. Additionally, he highlighted the recent partnerships formed by the GJEPC with major e-commerce platforms like eBay, Amazon, and DHL, aiming to provide a seamless export experience for its members.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Challani Jewellery Mart Marks 13th Anniversary with Grand Celebrations and Employee Recognition

Grand Event Honours Employees With Rewards and Recognises Contributions, Celebrating Growth, Unity, and Organisational Milestones

Published

on

1,951 Views

Challani Jewellery Mart, with a strong presence across Chennai, Madurai, and Pondicherry, celebrated its 13th Anniversary at the Sheraton Grand Chennai Resort & Spa in a grand and vibrant ceremony.

The event witnessed the presence of distinguished personalities, including Ravi, IPS, Isari Ganesh, Vikramaraja, Varadarajan, Sowbhagya, Jayantilal Challani, Hemalatha Jayantilal, Rishub Challani, Goutham Challani, and Sripal Challani, along with several other notable guests.

A key highlight of the celebration was the recognition of employees, where 52 staff members were rewarded with televisions, washing machines, and refrigerators for their dedication. In a remarkable gesture, 8 employees were also gifted plots worth ₹15 lakh each, acknowledging their significant contribution to the company’s growth.

The gathering was further enriched by inspiring addresses from Erode Magesh and Ramakrishnan, whose speeches resonated with the audience. The event also featured lively dance performances by staff, adding energy and entertainment to the celebrations.

The day was marked by a spirit of achievement, appreciation, and camaraderie, making it a memorable milestone for the organisation. The event concluded with a vote of thanks by Elayaraja, Vice President, bringing the celebrations to a close on a note of gratitude.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x