Shortly the Indian gem amd jewellery industry would have one more Special Economic Zone.

The Minerals and Metals Trading Corp. (MMTC) which is one of the largest importer of gold plans to establish a gem and jewellery special economic zone (SEZ) in partnership with a private company.

The technical and economic viability of the plan is yet to be ascertained. As per the commerce ministry guidelines, a gem and jewellery SEZ would require a minimum of 10 hectare of land.