National News
GJ sector sees 84.39% growth in FDI
India’s foreign direct investment (FDI) inflows have witnessed a remarkable 45.4% surge in the first half of FY24, reaching USD 29 billion.
Even more dazzling is the performance of the gems and jewellery sector, which saw an 84.39% jump in FDI, signalling renewed investor confidence in this crucial industry.
India recorded a sharp 45.4% increase in overall Foreign Direct Investment (FDI) inflows during April-September 2024, reaching USD 29 billion (INR 2.49 lakh crore), compared to USD 20 billion (INR 1.68 lakh crore) in the same period a year earlier, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).
The gems and jewellery sector also witnessed an impressive surge in FDI inflows, rising by 84.39% to USD 45.7 million (INR 381.67 crore) during April-September 2024, compared to USD 24.8 million (INR 205.29 crore) in the corresponding period in 2023. This marks a significant recovery in investment inflows into the sector, which had seen a fluctuating trend in recent years.
According to DPIIT data, total FDI equity inflows into India have been on an upward trajectory, increasing from USD 40 billion in 2015-16 to USD 44.42 billion in 2023-24. The latest data indicates strong investor confidence in India’s economic policies and business environment, despite global uncertainties.
National News
GJEPC Webinar Guides Members On Digital Services, E-RCMC Process and Membership Benefits
Presentation Underscored How These Initiatives Are Designed To Strengthen The Competitiveness Of India’s GJ Sector While Simplifying Business Processes For Exporters and Manufacturers.
GJEPC conducted a webinar on “Membership Benefits, Digital Directory & e-RCMC Process” on 16 July 2026, providing members with practical guidance on the Council’s services, digital platforms and regulatory processes.
The session was led by Mithilesh Pandey, Senior Director – Membership, GJEPC, who presented an overview of the Council’s role, organizational structure and the advantages of GJEPC membership. He also outlined several initiatives and services available to members, including MSME schemes, the Hand Carriage Facility, the Digital Members Directory, Bharat Ratnam Mega Common Facility Centre (Mega CFC), Importer Exporter Code (IEC), ICEGATE, AD Bank registration, Customs KYC, IJEX, IIJS exhibitions, the Parichay Card programme and the PM Vishwakarma Scheme.
Pandey explained how these initiatives are designed to strengthen the competitiveness of India’s gem and jewellery sector while simplifying business processes for exporters and manufacturers.
The webinar also featured a live demonstration by Archana Bhosale, Assistant Manager – Membership, GJEPC, who showcased the Digital Members Directory available through the GJEPC portal. She walked participants through the platform’s key features, including member login, profile management, company search, viewing rights requests and business networking tools.
Bhosale further demonstrated the process for updating the Importer Exporter Code (IEC) and submitting e-RCMC applications through the DGFT portal, offering step-by-step guidance to help members complete the procedures efficiently.
The webinar attracted strong participation from a total of 75 GJEPC members, who engaged actively during the interactive Q&A session. The speakers addressed a wide range of queries before the programme concluded with a vote of thanks to participants for their active involvement.
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National News45 seconds agoGJEPC Webinar Guides Members On Digital Services, E-RCMC Process and Membership Benefits
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