National News
GJEPC seeks government intervention over US reciprocal tariff proposal
Top representatives of India’s gems and jewellery sector have urgently briefed Hon’ble Commerce Secretary Sunil Barthwal, IAS, on the potential repercussions of the United States’ recent notice regarding reciprocal tariffs. The delegation, led by Shaunak Parikh, Vice Chairman, GJEPC, along with Adil Kotwal, President, Seepz Gem & Jewellery Manufacturers’ Association (SGJMA), and Sabyasachi Ray, Executive Director, GJEPC, presented a detailed overview of the industry’s concerns and proposed mitigation strategies.
The briefing aimed to underscore the significant impact the proposed tariffs could have on Indian exports and the broader industry. Satya Srinivas, IRS, Additional Secretary, Ministry of Commerce (MoC), and Dnyaneshwar Patil, Development Commissioner, SEEPZ were also present to offer a comprehensive understanding of the issues at hand.
The US notice, which threatens reciprocal tariffs, has raised concerns within the Indian gems and jewellery sector, a key contributor to the nation’s export revenue. The industry leaders outlined the potential economic fallout and presented specific recommendations to safeguard interests.
National News
GemLead Focus:IIM Ahmedabad and GJC Continue Landmark Collaboration
An Exclusive Executive Masterclass On Leadership, Excellence, and Advanced Development
The All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry.


This year’s programme, held from 31st August to 3rd September 2026 at the IIM Ahmedabad campus, brings together leading professionals and entrepreneurs from the gems and jewellery industry for an immersive residential learning experience led by IIMA’s distinguished faculty.

Adding to the programme’s impact, esteemed guest speakers Mr. Pankaj R. Patel, Chairman of Zydus Lifesciences, and Mr. Sandeep Engineer, Managing Director of Astral Polytechnik Ltd., will share their distinguished experiences and perspectives. Through immersive indepth interactive sessions, they will provide participants with invaluable insights, offering opportunities to engage directly with industry leaders and draw meaningful learnings that can be applied to their professional and business journeys.
Participants will explore a curated mix of high‑impact topics, including:
Family Business and Scaling Up
- Family Business Dynamics: Hurdle to Growth
- Professionalisation in Family Business
Strategy and Behaviour for Growth
- Leading for Growth
- Preparing and Executing Business Strategies
- Developing and Empowering Human Capital
Valuation and Wealth Management
- Valuation of Early Stage Firms and Understanding Cost of Capital
- M&A – Deal Arithmetic
- A Goal‑Oriented Asset Allocation Approach for Wealth
- Legacy Wealth Management for Multiple Generations
Rajesh Rokde, Chairman, GJC:

“GemLead Focus continues to shape the leadership pipeline of the gems and jewellery industry. Through this collaboration with IIM Ahmedabad, we aim to provide our members with transformative learning that helps them scale their businesses, drive innovation, and embrace global best practices. By integrating insights on family business professionalisation, strategy execution, and wealth management, this programme empowers our members to lead with clarity, innovate with confidence, and build resilient, future‑ready enterprises.”
Avinash Gupta, Vice Chairman, GJC:
“We are delighted to continue our collaboration with IIMA through GemLead Focus. The gems and jewellery sector is a vital contributor to India’s economy, and this programme is tailored to strengthen leadership, enhance managerial excellence, and prepare industry leaders for future challenges. The addition of distinguished guest speakers further enriches the learning experience, offering perspectives that will inspire participants to think beyond boundaries.”

Ketan Choksi, Convenor, GemLead:

“GemLead Focus builds on the strengths of GJC and IIM Ahmedabad to deliver a transformative learning experience exclusively for the gems and jewellery industry. Designed to provide actionable insights and practical tools, the programme equips participants to drive sustainable growth, enhance competitiveness, and lead with excellence in a rapidly evolving business landscape. The inclusion of eminent guest speakers ensures that participants gain perspectives from leaders who have successfully navigated diverse industries.”
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