GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for the development of potential clusters.
The meeting, held at the GJEPC headquarters in Bharat Diamond Bourse (BDB) Mumbai on 19th September, was chaired by Mr. Sabyasachi Ray, Executive Director, GJEPC. The objective of the meeting was a stock review of Exim Bank and GJEPC’s ongoing joint study on ‘Making Gem and Jewellery Clusters Exportable’. Attendees included representatives from various GJEPC divisions, including Research & Statistics, MSME, and key industry associations.
The primary focus of the discussions was on the development of clusters within the gems and jewellery sector and how these clusters can become more export-ready to meet global demands.
Following the meeting at BKC, participants visited the MEGA Common Facility Centre (CFC) at SEEPZ, Andheri, to gain firsthand insights into the challenges and opportunities faced by clusters. The visit provided valuable input for the joint study and helped to shape future plans for cluster development and export facilitation.
GJEPC and Exim Bank are committed to working together to support the growth of the Indian gems and jewellery sector through strategic cluster development, capacity building, and export financing. By addressing the sector’s specific needs and challenges, the collaboration aims to position India as a global leader in the gems and jewellery industry.