GJEPC's 3rd Member Outreach Programme in Mumbai

The event that had seven prominent speakers saw a packed house

Post By : IJ News Service On 24 June 2022 12:40 PM

The Gem & Jewellery Export Promotion Council organized its 3rd Member Outreach program in Mumbai on June 22. The event was organised in association with the World Gold Council and supported by the Jewellers Youth Forum. Aimed to create awareness about the Council’s many initiatives to facilitate business and trade the event had seven prominent speakers who enlightened almost 175 trade members attending the program. The evening started with a welcome address by Mansukh Kothari, Convener - Events, GJEPC. Guest speaker Krishna Barad, Partner, Customs & International Trade Indirect Tax, gave a presentation on How to Avail Benefits of India-UAE CEPA for Increasing Exports. Mike Oswin, Global Head of Market Structure and Innovation, World Gold Council, offered a panoramic overview of the World Gold Council’s Retail Gold Investment Principles, which aim to raise confidence in gold. Oswin said, “The Swarna Adarsh Abhiyaan has been developed based on the Retail Gold Investment Principles set by the World Gold Council. Compliance with these principles will encourage best practices in the gold industry and ensure consumer trust.

Sheela Kulkarni, Director, Public Policy, World Gold Council provided details about the Precious Metals Assay & Training Institute and the progress made since its launch in 2018. Ashok Gautam, MD & CEO, India International Bullion Exchange IFSC Ltd. offered a granular understanding of the IIBX operations and benefits. Colin Shah, Chairman, GJEPC informed members about the industry’s strength and GJEPC’s several initiatives undertaken for development and growth of gems and jewellery industry. He said, “We received a great response from our members at the 3rd Membership Outreach program. The Council and other stakeholders from the industry have been able to enlighten members about their respective new programs and initiatives by having a close interaction with them. Currently, the value addition by the industry is close to USD 8 billion, and I am sure this will increase in the near future as we work together. The government has been proactive, and the FTA with UAE and Australia would further boost India’s competitiveness in gem and jewellery exports.” And finally, explaining about the various aspects of the upcoming IIJS Premiere in August, Shailesh Sangani, Convener, National Exhibitions, GJEPC, said, “I am glad to share that, for the first time we have more than 21000 visitors pre-registered from more than 11500 companies in the 1st phase of buyer registration. In terms of number of stalls, it’s a new record with more than 2900 stalls at the show. This year we are introducing new services like self-printing of visitor badges, facial recognition selfie capture for registration, etc. to ease access to the show. So, you can expect IIJS to happen on a grand scale.”

The above picture has guest speaker Krishna Barad, Partner, Customs & International Trade Indirect Tax, making a presentation.

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