In order to increase jewellery manufacturing and trade in the state of Karnataka, the Gem and Jewellery Export Promotion Council (GJEPC) and Jewellers Association Bengaluru (JAB) signed a contract to establish a jewellery park there.
“We are supporting the Jewellers Association Bengaluru in setting up a Jewellery Park in Karnataka. Discussions are underway with the state government regarding the allocation and finalisation of land for the project. The project is expected to generate 1 lakh additional jobs in the sector for the people of Karnataka,” GJEPC chairman Vipul Shah said in a statement.
Meanwhile, GJEPC also inaugurated the four-day India International Jewellery Show – IIJS Tritiya, which will end on March 20, a month prior to Akshaya Tritiya, considered auspicious for buying gold jewellery. IIJS Tritiya saw participation from more than 800 exhibitors with over 1,500 stalls.
