National News
GJEPC and PCCCC Meet to Address Customs Clearance Challenges
On 5th February 2025, the Gem and Jewellery Export Promotion Council (GJEPC) hosted a significant meeting at its head office in Mumbai, bringing together Customs House Agents (CHAs) from the Precious Cargo Customs Clearance Centre (PCCCC) and various other stakeholders.
The primary focus of the meeting was to address the ongoing challenges faced in the export and import clearance process, particularly the daily operational hurdles encountered during parcel clearance with customs officials.
The meeting provided a platform for participants to engage in open dialogue and share the various difficulties they face while managing customs procedures. These included issues related to the timeliness of clearance, paperwork discrepancies, communication gaps, and other operational bottlenecks that often delay the smooth transit of goods. The participants discussed these challenges in detail, aiming to identify practical solutions to streamline the entire process.
In response to the discussions, GJEPC has requested all involved stakeholders to compile and submit a comprehensive report outlining the specific challenges faced in customs clearance, as well as providing suggestions for potential system improvements. These reports are expected to play a crucial role in identifying areas that require attention and in formulating effective solutions that will enhance the overall efficiency of the customs operations.
GJEPC aims to use these insights to work closely with the relevant authorities and stakeholders to improve the integration process, ensuring a more seamless experience for businesses involved in the import and export of precious cargo. The initiative is expected to contribute significantly to reducing delays, improving transparency, and boosting the overall efficiency of the jewellery trade’s customs clearance procedures.
National News
Oman Delegation Explores Trade Opportunities At GJEPC Meet
Discussions Focused On Opportunities In Diamond Processing, Jewellery Manufacturing, Lab-Grown Diamonds, Secure Storage Facilities and Exports To The US
A delegation from Oman visited GJEPC in Mumbai on 6 May 2026 to discuss investment, logistics and trade opportunities for the gem and jewellery sector. The delegation included H.E. Issa Saleh Al Shibani, Ambassador of Oman to India; H.E. Ibtisam Al Farooji, Undersecretary for Investment Promotion, MOCIIP; H.E. Pankaj Khimji, Advisor for Foreign Trade & International Cooperation, MOCIIP and Oman’s G20 Sherpa among other officials.
The delegates were welcomed by Shaunak Parikh, Vice Chairman, GJEPC; Ashish Borda, Convenor – PMBD, GJEPC; Mital Doshi, Convenor – BITC, GJEPC; Mansukh Kothari, Convenor – Events, GJEPC; Mehul Shah, Vice President, Bharat Diamond Bourse; Sabyasachi Ray, Executive Director, GJEPC; and Sridhar Iyengar, Director – International Events, GJEPC along with jewellery exporters.
During the interaction, H.E. Pankaj Khimji highlighted Oman’s strategic position as a gateway to the GCC and global markets, supported by free zones, logistics infrastructure, investment facilitation and duty-free access under the India-Oman CEPA expected to come into effect from 1 June 2026. He noted that 97% of Indian goods would enter Oman duty-free under the agreement. He also outlined the development of a dedicated bonded warehouse and high-value jewellery depository facility at Muscat Airport, enabling direct and secure transfer of precious cargo from aircraft to storage within the airport free zone.
Discussions focused on opportunities in diamond processing, jewellery manufacturing, lab-grown diamonds, secure storage facilities and exports to the US market through Oman. GJEPC and BDB representatives also invited Oman to engage with India’s gem and jewellery industry through roadshows and participation at major trade exhibitions such as IIJS Premiere. Both sides expressed interest in strengthening bilateral cooperation through future industry visits and investment partnerships.
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