Thread by @PIBMumbai

Union Minister @PiyushGoyal to virtually inaugurate IIJS Signature 2022 India International Jewellery Show organised by @GJEPCIndia India in Mumbai today.

🎥

Union Ministers of state Shri Prashottam Rupala and Smt Darshna Jardosh to grace the occasion.

IIJS Signature 2022 to be organised from 18th to 21st February at Bombay Exhibition Center.

@PiyushGoyal @PRupala @DarshanaJardosh @DoC_GoI

🎥

Gem and Jewellery sector is a prime example of the potential of @makeinindia, the potential of 'Brand India'

: Union Minister @PiyushGoyal via video-conferencing at the inaugural ceremony of @GJEPCIndia's IIJS Signature 2022 event which is being held in Mumbai today

I hope that in years to come we will have the world looking up to India's quality & anything that comes from India must define the India story: @PiyushGoyal

at the inauguration of @GJEPCIndia organized 'India International Jewellery Summit Signature 2022'

@Brands_India

Gem and Jewellery sector is a strong pillar of Indian economy.

India’s gold & diamond trade contributes ~7% to the GDP & employs over 50 lakh people: @PiyushGoyal

@GJEPCIndia @makeinindia @EODB_India @Brands_India @DoC_GoI

Our history is filled with tales of precious stones which have been attributed with many powers

Jewellery is intrinsic to India and has also become a status & style symbol in society today

Jewellery making skills have been passed on in India since generations

: @PiyushGoyal

Just like poets write poetry, our goldsmiths have written fascinating stories with threads of gold, silver and precious metals: @PiyushGoyal at the inauguration of @GJEPCIndia's 'India International Jewellery Summit Signature 2022'

@Brands_India @makeinindia @EODB_India @DoC_GoI

Despite disruptions due to COVID-19, @GJEPCIndia channelled its entrepreneurial spirit to convert this crisis into opportunity. Initiatives like virtual trade events, webinars etc. helped the industry to bounce back quickly, gave a push to domestic sales & exports

: @PiyushGoyal

Exports of Gems and Jewellery already stands at $ 32 bn until January 2022, and we are confident we will achieve $40 bn exports in the current year.

It will be a growth of about 6.5% with respect to the pre-COVID period of 2019-20

: @PiyushGoyal

@GJEPCIndia @makeinindia

Under the leadership of PM @NarendraModi ji, India wants to make its Gem & Jewellery sector self-reliant.

We need an Aatmanirbhar G&J sector & so this will be a focus area for both domestic growth & export promotion

: @PiyushGoyal

@makeinindia @Brands_India @GJEPCIndia

#Budget2022 has paved the road for the Gem & Jewellery sector to grow and expand India's footprint in the global G & J trade: @PiyushGoyal

Reduction of import duty on cut & polished diamond to 5%, Extension of ECLGS for #MSMEs upto March'23, Acceptance of personal surety bonds for import of gold, ew liberalized SEZ regime, simplified regulatory framework for e-commerce will facilitate G & J export: @PiyushGoyal

Today's India-UAE CEPA will be another reason for the sector to celebrate as it will expedite growth of G & J sector

Common Facility Centres set up to improve productivity & quality of products will go a long way to realise goal of make in India for the world: @PiyushGoyal

Time has come to aim to become a global champion in the Gems & Jewellery sector by taking up bigger targets both in the domestic and exports markets.

We must look for opportunities globally, in fact we must create opportunities: @PiyushGoyal

@Brands_India @makeinindia @DoC_GoI

India-UAE Comprehensive Economic Partnership Agreement and similar trade pacts are highly beneficial for the G & J sector

G & J industry has a rich history in our country, which has been employing many skilled artisans

: @PRupala at the inauguration of @GJEPCIndia's IIJS 2022

New technology is being employed in the G & J sector.

New mining technologies are also going to impact
G & J industry and its exports.

Provisions of #Budget2022 is going to be beneficial for this sector

: @PRupala at 'IIJS Signature 2022' inauguration in Mumbai today

PM Shri Modi is encouraging the country's entrepreneurs with the mantra of #AatmaNirbharBharat

Opportunities for Indian youth are opening up everywhere in the world

There has been provisions for the benefit of all industries in #Budget2022

: @PRupala in Mumbai today

In #Budget2022 which has been presented at the time of celebrating #AmritMahotsav of 75 yrs of independence, @nsitharaman ji made special mention about provisions for Diamond and G & J sector: @DarshanaJardosh at 'India International Jewellery Summit Signature 2022' inauguration

Union Government is providing proper support for the growth of businesses in the country and capturing the global market

PM's vision is to materialize #AatmaNirbharBharat and @makeinindia at the wake of Azadi ka #AmritMahotsav

Gem & Jewellery sector is an important component of the country's exports. It plays a vital role in capturing the global market: @DarshanaJardosh

at the inauguration of @GJEPCIndia's 'India International Jewellery Summit Signature 2022'

India-UAE Comprehensive Economic Partnership Agreement will expedite growth of gem & jewellery sector: Union Commerce Minister @PiyushGoyal

'India International Jewellery Show 2022' inaugurated in Mumbai today

pib.gov.in/PressReleseDet…