Author Archives: yesweus - Page 39
Harry Winston Buys Rockefeller Emerald For Museum At Record $5.5M
With an eye on key acquisitions for planned Harry Winston museum in New York, the Harry Winston group paid $ million, or $305,000 per carat for the carat Rockefeller Emerald…
De Beers Sells $530M In Cycle 5; SA Supply Problem Has Little Impact
De Beers announced that it had sold $530 million worth of rough diamonds in its fifth sales cycle of 2017 — a 6 percent drop from the $564 million sold…
BJewelz Continues Expansion, Opens First Store in Madhya PradeshBJewelz Continues Expansion, Opens First Store In Madhya Pradesh
Indian jewellery brand BJewelz, that is now on a countrywide expansion drive as part of a $900 million plan to establish a national footprint through a combination of franchises as…
IDE Sets Up Diamond Industry Tech Start-Up Centre
The Israel Diamond Exchange (IDE) has opened a technological incubator for Israeli and international diamond-related start-ups. Called the Diamond Tech Innovation Centre, it will provide a home and financial support…
Foundation Stone Laid For New IIGJ Training Centre In UdupiIndian Minister of State for Commerce & Industry Nirmala Sitharaman laid the foundation stone of the planned Indian Institute of Gems & Jewellery (IIGJ) in the southern Indian city of Udupi last week. The new institution is being set up in conjunction with the National Institute of Design (NID) in Ahmedabad.
Also at the event were Commerce Ministry Joint Secretary Manoj Dwivedi and GJEPC Chairman Praveenshankar Pandya.
The IIGJ, which is a gem and jewellery industry training initiative run by the Gem & Jewellery Export Promotion Council (GJEPC), already runs training centres in Mumbai, Delhi and Jaipur, with another coming up in the northern Indian city of Varanasi.
The planned centre in Udupi will offer gem and jewellery skill development courses for those with no prior exposure to the jewellery industry; up-skilling programs for those with prior domain learning and work experience in the sector; and emphasise design and a technology orientation to make the local industry more competitive in global markets.
The institute will offer computer aided design (CAD) as well as manufacturing courses with a curriculum developed jointly by the IIGJ, the Indian Diamond Institute in Surat and the NID.
The Minister observed that the best of jewellery around the world is hand-made, with giants like Cartier, Boucheron and Van Cleef commanding premium prices for their hand-made product. India, with a traditional strength in hand-crafting intricate jewellery, should capitalise on this global opportunity by building the necessary infrastructure to build up the industry.
Manoj Dwivedi noted, “With over 100 retail stores and a workforce of over 5,000 people, Udupi boasts of a rich jewellery lineage. By setting up the IIGJ here, the GJEPC envisions the productive use of the talent available here by providing required training and guidance.”
The GJEPC Chairman commented, “The IIGJ in Udupi is one of the ambitious projects taken up by the GJEPC to tap the unutilised potential of youth in this region.”
https://www.gemkonnect.com/news/foundation-stone-laid-new-iigj-training-centre-udupi
Indian Minister of State for Commerce & Industry Nirmala Sitharaman laid the foundation stone of the planned Indian Institute of Gems & Jewellery (IIGJ) in the southern Indian city of…
Demand Growing, Says Gemfields As Ruby Auction Realises Record $54.8M
Coloured gemstone producer Gemfields plc announced that its auction of rough ruby from its Montepuez mine in Mozambique realised $ million — an all-time high for any Gemfields auction. The…
De Beers Diamond Exploration Ship To Start Work Off Namibia Coast
The world’s largest and most advanced diamond exploration and sampling vessel, the MV SS Nujoma, is ready to start exploring for diamond deposits in Namibian waters, following its official inauguration…
GJF National Jewellery Awards Finale On July 28
The All India Gems and Jewellery Trade Federation (GJF), the apex body of India’s domestic jewellery manufacturing and retail industry, announced that its annual National Jewellery Awards (NJA) presentation will…
Fosun Gold Makes Solicited Bid, Heating Up Gemfields Takeover Battle
Coloured gemstone producer Gemfields is now the at the centre of what appears to be developing into a boardroom battle for control, with the company announcing that it was considering…
Diamonds Still Dominate, But Services Now Drive Botswana Growth
While rough diamonds still account for 74 percent of Botswana’s total exports, and mining is still an important component, the country’s economy is increasingly a services-driven one, with the real…