Gems and Jewellery Council
Gold is an integral part of Indian society and a foundation of wealth and savings in India. India accounts for nearly one-third of the total world demand for Gold. The share of Gold in total import bill of the country reached at 9.6 percent in 2010-11. Gem & Jewellery sector accounted for 16.67% of India's total Merchandise Exports with the volume of exports pegged at US$ 43 bn. as on March 2011, which is expected to reach US$ 45 bn. by 2015.The progress of the industry is dependent on the craftsmanship and skill of the artisans it employs.
The council aspires to impart training and subsequently create employment for rural youth in the gems and Jewellery Industry with the objective of meeting the “skilled human capital supply gap”. The council in addition to advocating for brining in relevant sectoral reforms also encourages entrepreneurs to adopt corporate governance models, adopt technology driven approaches, implement modern day marketing strategies in their relevant units so that they expand in a compliant fashion.
Chairperson: Sankar Sen
Regional Head: Debmalya Banerjee