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In June 2013, Pakistan's gems and jewellery exports had risen from approximately $47 million to $1.2 billion since the establishment of Pakistan Gems and Jewellery Development Company in 2006. [ 4 ] In January 2017, a company official said that Pakistan should export more of its value-added precious and semi-precious colored gemstones so the ...
In 1979, Gemstones Corporation of Pakistan was established to develop the gemstones sector in Pakistan, however in 1997 the corporation liquidated. [3] Now a number of organizations are working in this sector including All Pakistan Commercial Exporters Association of Rough & Unpolished Precious and Semi Precious Stones (APCEA) and Pakistan Gems and Jewellery Development Company (PGJDC).
Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala.The company was founded by M. P. Ahammed in 1993. [2] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
[2] [3] It has its headquarters in Mumbai and Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur. [ 4 ] [ 5 ] The GJEPC was granted an autonomous status in 1998, it is the apex body for the gems and jewellery industry of India and represents almost 7,000 exporters.
In the early 1990s, India's exchange crisis was resolved, and Titan Company shifted the focus of the brand to the Indian market. A pilot plant was set up in August 1992 and the production began in 1994, and Tanishq's first store opened in 1996 at Chennai Cathedral road. Tanishq was the first jewellery retail chain in India. [5]
Bhima Jewellers is a jewellery retail company based in India. It was established by Bhima Bhattar in the year 1925. [2] As of June 2023, the group has 116 jewellery shops [3] across South India and more than 2000 employees. Bhima Jewellers were the first jewellery store to introduce ready-made jewellery concept under the guidance of its founder ...
Best Indian Diamond Jewellery of the Year by Retail Jeweller Middle East innovation Awards (2019) [21] Listed as the 69th richest Indian in Forbes India’s Richest List [ 22 ] (2022) Joy Alukkas climbed to the position of richest jeweller in India with a rank of 50, his estimated net worth is $4.4 billion.
Today, many jewellery designs and traditions are used, and jewellery is commonplace in Indian ceremonies and weddings. [62] For many Indians, especially those who follow the Hindu or Jain faiths, bridal jewellery is known as streedhan and functions as personal wealth for the bride only, as a sort of financial security.