18 Nov 2019
DiamondWorld Directory
Home |
News
Home
GJEPC to set up Common Facility Center (CFC) at Thrissur, Kerala
CFC in Thrissur would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines to small units in and around Thrissur and other Southern states like Tamil Nadu and Karnataka.
By: Diamond World News Service
|
Oct 31 2017 2:11PM
|
Reference: 15761  

DecreaseIncrease

GJPEC Chairman, Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines to small units in and around Thrissur and other Southern states like Tamil Nadu and Karnataka.

Speaking at the occasion, Praveenshankar Pandya said, “To achieve our vision of US$ 60 billion gem & jewellery exports by 2022, we need to provide this industry with the best possible infrastructure and modern facilities which would be beneficial especially to small units across the south region of the country. Thrissur being a major jewellery cluster it would be apt to set up a CFC here, similar to the ones set up in Surat and Udupi. I am sure that such a set up in Thrissur would definitely enhance quality and production of jewellery in the entire Southern region.”

Pandya also emphasized on the fact that, to make India “Jewellers to the world”, it needs to have Jewellery Parks with modern facilities, Design Studios, Customs office, training institutions, etc.,  in nook and corner of the country. Currently the jewellery manufacturing units are located in Zaveri Bazaars and other clusters in India; and most of these units are content by selling their products domestically. To address the requirement of the Western markets, these Jewellery Parks would provide them with the required facilities and thus take the jewellery business to the next level.

“This US$ 43 billion gem & jewellery export industry is contributing around 7 per cent to India’s GDP in the current scenario where it works on ad hoc management of gold. The Council has urged the Govt. of India to bring in structured polices for Gold and Jewellery.  There is a need for one authority who not only monitors imports, follows consumption in terms of investment, use of gold for the purpose of making Jewellery which should be regarded as commodity and consumption of gold as an investment which should be regarded as a monetizing instrument. The consumption as a commodity gives employment, brings foreign exchange, hence it should be encouraged while the investment in primary gold should be discouraged” added Pandya.

Praveenshankar Pandya also took the opportunity to invite all the jewellers from the region to participate at the upcoming International Gold & Jewellery Conference organized by GJEPC in association with World Gold Council to be held on 1st & 2nd December 2017 at Vigyan Bhavan, New Delhi.

Related news
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
HouseAd_Trade Fair
Recent Issue
2019
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 21760
GJEPC Chairman Interview
Views: 19748
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 26832
Promo for IJ Awards 2012 at NDTV Profit
Views: 39925
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 43574
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 16862
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 41602
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 39311
Advertisement
Finestar Diamonds
Advertisement
M.Tarun
Member of:
Supporter of: