National News
MSME Ministry Grants Approval to IGJS Jaipur 2025 Under PMS Scheme
The International Gem & Jewellery Show Jaipur 2025, scheduled from April 3rd to 5th, gains official recognition under the Procurement & Marketing Support (PMS) Scheme by the Ministry of MSME.
The Gem and Jewellery Export Promotion Council (GJEPC) has announced that the International Gem & Jewellery Show (IGJS) Jaipur 2025, taking place from April 3rd to 5th, has officially received approval under the Ministry of Micro, Small & Medium Enterprises’ (MSME) Procurement & Marketing Support (PMS) Scheme.
Kirit Bhansali, Chairman of GJEPC, expressed pride in this achievement, stating, “This approval reflects the tireless efforts of the GJEPC team and the valuable strategic support from our government departments. It underscores the Council’s commitment to fostering the growth of the gem and jewellery sector.”
The GJEPC also extended its heartfelt gratitude to the government officials who played a crucial role in securing this approval, including Dr. Rajneesh, Additional Secretary & Development Commissioner; Ms. Ashwani Lal, Additional Development Commissioner; and Mr. Gaurav Joshi, Joint Director & HOO, Rajasthan. Their collaborative efforts were key in making this milestone possible.
- Visit gives CG greater insights into diamond trade and import-export operations
- BDB Committee Highlights Close Ties between Diamond Industries in UAE and India
The Hon’ble Consul General of India to Dubai, Shri Vishnu Vardhan Reddy, visited the Bharat Diamond Bourse (BDB) complex on July 24, and after being shown around the complex, engaged with members of the Bourse Committee.
The visit enabled the Consul General to gather better insights into the functioning of the diamond trade and the operations within the Bourse. He also observed the smooth functioning of import-export trade in diamonds between the two countries, facilitated by the PCCCC run by Indian Customs within the complex.
The UAE is one of India’s most significant trading partners in the field of diamonds and jewellery. Bilateral trade between the two countries reached US$33.51 billion in FY2025-26.
In addition to a tour of the complex to understand the complete cycle from the import of rough diamonds to the export of polished diamonds, Shri Vishnu Vardhan Reddy also spent time interacting with Mehul Shah, Vice President, BDB, and other Committee members.
The BDB Committee highlighted the close connections between diamond companies in Mumbai and those in Dubai, as well as the regular interactions between the two centres. They thanked Shri Vishnu Vardhan Reddy for the cooperation they have always received from the Indian Embassy and expressed confidence that this visit would further streamline the movement of import-export parcels between the two countries.
Shri Vishnu Vardhan Reddy appreciated the global standards of the infrastructure and systems within the Bharat Diamond Bourse, as well as the professionalism with which the import-export trade operates. He assured the BDB Committee of the continued support of the officials at the Indian Embassy in the UAE.
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