National News
GJEPC Emphasizes FTA Opportunities for Jewellery Exports at CII Jaipur Workshop
At the ‘Growing Opportunities from Free Trade Agreements – An Industry Perspective’ workshop held on 24 June in Jaipur, Sabyasachi Ray, Executive Director of the Gem & Jewellery Export Promotion Council (GJEPC), highlighted the transformative potential of Free Trade Agreements (FTAs) for India’s gem and jewellery sector.
Organised by the Confederation of Indian Industry (CII) in collaboration with the Centre for WTO Studies, the event brought together industry leaders to discuss strategic trade policies and partnerships.
Sabyasachi Ray noted a major policy shift in India’s FTA strategy since 2014, focusing on high-income,
high-consumption markets like the UAE, Australia, and the UK. Citing the success of the India-UAE CEPA, he pointed out that exports nearly doubled from $2.4 billion to $4.8 billion after the agreement. He also expressed optimism about the upcoming India–UK FTA, predicting it could push jewellery exports to $1 billion.
He stressed the importance of smart FTA design, recommending targeted tariff reductions, streamlined customs procedures, and enhanced support for MSMEs to fully realise India’s export potential.
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
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.
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