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GJEPC welcomes Vote-on-Account Budget which sows the seeds to achieve Viksit Bharat in Amrit Kal

GJEPC extends a warm embrace to the Vote-on-Account Budget, envisioning it as the catalyst for cultivating a blossoming India in this auspicious era of Amrit Kal

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Budget 2024: GJEPC suggests safe harbour for sale of rough diamonds in Special Notified Zones, ET Retail

Union Budget: The Gem & Jewellery Export Promotion Council (GJEPC) has suggested the introduction of a Safe Harbour Rule for the sale of rough diamonds in Special Notified Zones (SNZs), as well as the implementation of a Diamond Imprest License and a reduction in import duty on cut & polished diamonds. These measures would allow India to become a trading hub like Dubai and Belgium, enabling Indian diamond manufacturers to access trading hubs without traveling abroad.

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diamond manufacturers: Budget 2024: GJEPC suggests safe harbour for sale of rough diamonds in Special Notified Zones

Union Budget: The Gem & Jewellery Export Promotion Council (GJEPC) has suggested the introduction of a Safe Harbour Rule for the sale of rough diamonds in Special Notified Zones (SNZs), as well as the implementation of a Diamond Imprest License and a reduction in import duty on cut & polished diamonds. These measures would allow India to become a trading hub like Dubai and Belgium, enabling Indian diamond manufacturers to access trading hubs without traveling abroad.

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Over 300 medical device manufacturers to sell goods directly to govt via GeM portal

Over 300 medical device manufacturers to sell goods directly to govt via GeM portal
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Other Indian manufacturers moving towards attaining critical mass to get PLI benefits: Ashwini Vaishnaw

“In any industry, there is a need for critical mass. Dixon has already crossed that. They were the first ones to do so. Others are also moving in that direction,” Vaishnaw said. This comes after ET reported Thursday that the government is becoming increasingly concerned about Chinese mobile phone brands negligible share in exports, despite cornering nearly three-fourths of the domestic market.

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2,350 acres of land earmarked for mega drug parks

For boosting  the pharmaceutical industry in the state, the Uttar Pradesh  government has earmarked 2,350 acres of land for setting up mega drug parks. The plan is part of  the government’s ambitious bid to boost manufacturing and make the state a market leader in pharmaceutical

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