loader image
Connect with us

National News

GJC celebrates 25 years of gold hallmarking in India with felicitation of Union Minister Pralhad Joshi

Published

on

In a momentous occasion for India’s jewellery sector, the All India Gem and Jewellery Domestic Council (GJC) marked 25 years since the introduction of gold hallmarking in India with a grand celebration and felicitation ceremony honoring Pralhad Joshi, the Hon’ble Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New & Renewable Energy at GJS 2025

The event served not only as a tribute to the journey of hallmarking in India but also as a platform to chart an ambitious roadmap for the future, with a strong focus on expanding hallmarking coverage and fostering technological innovation.

In recognition of his continued support and instrumental role in advancing hallmarking reforms, Pralhad Joshi was felicitated by GJC for his leadership in steering policies that balance consumer protection with industry development. His ministry’s efforts, in collaboration with the Bureau of Indian Standards (BIS), have been central to enhancing transparency and quality assurance in the jewellery sector.

In his address, Shri Joshi reiterated the government’s unwavering commitment to strengthening consumer trust while also simplifying compliance for jewellers. He emphasized the hallmarking system as a critical trust-building mechanism and a significant step toward formalizing and modernizing the Indian gold market.

One of the most significant announcements of the event was a joint goal set by the Ministry of Consumer Affairs, BIS, and the jewellery industry: to expand mandatory gold hallmarking to 500 districts across India by the end of this financial year.

This expansion aligns with the broader objective of ensuring uniform quality standards nationwide, preventing consumer fraud, and integrating small and medium jewellers into the formal economy. GJC pledged its full support to assist local jewellers in meeting compliance standards and making hallmarking services accessible, especially in tier-2 and tier-3 cities.

In a groundbreaking move to stimulate innovation in hallmarking technology, GJC and BIS jointly announced the launch of a Hackathon aimed at developing a non-destructive testing (NDT) method for hallmarking gold.

This initiative seeks to address a long-standing concern within the industry: the challenge of verifying hallmark authenticity without damaging the piece of jewellery. Currently, traditional methods often involve partial damage or alteration during testing, which discourages on-the-spot verification by consumers and retailers.

The hackathon is open to startups, research institutions, technologists, and innovators across India and will offer funding and incubation support to viable solutions. A successful NDT mechanism would be a game-changer for quality assurance, enabling real-time, damage-free hallmark authentication across retail outlets, trade shows, and even by consumers themselves.

The celebration of 25 years of hallmarking is a testament to India’s evolution into a more structured and credible jewellery market. From its early stages to now becoming an integral part of the industry’s value chain, hallmarking has grown into a symbol of trust, quality, and consumer empowerment.

With the government, BIS, and GJC joining hands to drive expansion and innovation, the next phase of hallmarking promises to be more inclusive, tech-enabled, and consumer-centric than ever before. The GJC’s proactive role in bridging policy, practice, and innovation reinforces its commitment to nurturing a responsible, transparent, and globally competitive jewellery sector in India.

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

Kimberley Process Intersessional 2026 Concludes In Mumbai Under India’s Chairship With Focus On Future Of Natural Diamond Sector

Union Minister Of Commerce and Industry Shri Piyush Goyal Reaffirms India’s Commitment To Strengthening Credibility, Compliance and Consumer Confidence In The Natural Diamond Sector

Published

on

Intersessional Focuses on Transparency, Governance and Operational Reforms in Natural Diamond Trade

The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organisations for four days of deliberations on the future of the natural diamond sector.

Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Shri Piyush Goyal said India, as the world’s leading centre for diamond cutting and polishing, recognises the vital role of the Kimberley Process in ensuring that natural diamonds remain a symbol of trust, responsibility and shared prosperity. He said that under India’s Chairship, the country remains firmly committed to advancing the 3Cs – Credibility, Compliance and Consumer Confidence – and to working with all Participants and stakeholders to strengthen the KP’s relevance in a rapidly evolving global marketplace.

The Minister further said the natural diamond sector sustains millions of livelihoods across producing, processing and consuming nations, and India will continue to champion a KP that is robust, transparent and responsive to both industry and consumer expectations.

Held under India’s Chairship theme of the 3Cs – Credibility, Compliance and Consumer Confidence – the Intersessional advanced discussions on strengthening trust, transparency and cooperation within the Kimberley Process framework.

During the Intersessional, Working Groups and Committees held detailed discussions on monitoring, technical processes, governance, statistics and artisanal production, with a sustained focus on strengthening transparency, improving operational mechanisms and reinforcing trust across the natural diamond value chain.

KP Chair 2026 Suchindra Misra said the progress achieved during the Mumbai Intersessional reflected the shared commitment of Participants and Observers towards keeping the Kimberley Process credible, relevant and responsive to the evolving dynamics of global diamond trade and consumer expectations. He emphasized that trust remains the foundation of the natural diamond trade and highlighted the importance of reinforcing the Kimberley Process as a pillar of responsible sourcing, transparency and confidence across the diamond value chain.

The Intersessional also highlighted the importance of enhancing communication and outreach efforts to better convey the positive impact of the Kimberley Process to end consumers, including responsible sourcing practices, development outcomes and livelihood support across producing nations and communities.

The discussions held during the Intersessional will carry forward into the KP Plenary scheduled to be held in New Delhi later this year, with a continued focus on credibility, compliance and consumer confidence under India’s Chairship through 2026.

The meeting witnessed participation from KP Participants, the World Diamond Council, Civil Society Coalition members, industry bodies and other stakeholders. The Chair underlined that the Kimberley Process’ unique tripartite structure and consensus-based approach, bringing together governments, industry and civil society, continues to be one of its key strengths.

The Kimberley Process Certification Scheme, established under United Nations General Assembly Resolution 55/56 of 2000, is a global initiative aimed at preventing conflict diamonds from entering legitimate trade and promoting responsible sourcing across the natural diamond supply chain.

As a leading global centre for diamond cutting and polishing, India reaffirmed its commitment to the objectives of the Kimberley Process and to promoting transparency, sustainability and responsible practices in the natural diamond sector.

Concluding Statement by Kirit Bhansali, Chairman, GJEPC on the KP Intersessional 2026:

As the Kimberley Process Intersessional Meeting 2026 concludes in Mumbai, the Gem & Jewellery Export Promotion Council (GJEPC) reaffirms its commitment to strengthening a credible, compliant, and consumer-confident natural diamond trade.

Over the last four days, we have seen constructive dialogue among governments, industry, and civil society on advancing the 3Cs framework—Credibility, Compliance, and Consumer Confidence—that India has set for its Chairmanship year. The discussions on strengthening the Kimberley Process Certification Scheme (KPCS), monitoring and compliance mechanisms, artisanal production, and supply chain transparency are critical to ensuring the KP remains relevant in a marketplace shaped by transparency, sustainability, and digital verification.

GJEPC welcomes the unified focus on reinforcing trust in ethically sourced natural diamonds and on adapting the KP to evolving global challenges. Natural diamonds represent a sustainable product and livelihood for millions, and the Kimberley Process continues to be one of the most progressive certification systems globally.

We will continue to work closely with the Government of India, KP Participants, the World Diamond Council, and civil society to support India’s leadership and to advance best practices that safeguard the integrity of the global diamond industry. GJEPC remains committed to ensuring that consumer confidence in conflict-free diamonds is strengthened across all markets.

Let us carry forward the momentum from Mumbai to build a more transparent, inclusive, and future-ready Kimberley Process for the benefit of producing nations, the trade, and consumers worldwide.

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