Shri Suresh Prabhu (Union Minister of Commerce Industry & Civil Aviation), Shri Devendra Fadnavis (Maharashtra Chief Minister) and Shri Subhash Desai (State Minister of Industries & Mining) inaugurate first-of-its-kind India Jewellery Park in Mumbai Housing for karighars of India Jewellery Park, Mumbai proposed under Pradhan Mantri Awas Yojana

India Jewellery Park, Mumbai, estimated to generate 1 lakh jobs

Total project investment of Rs. 14,467 cr; to generate annual turnover of Rs. 41,467 cr

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Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India), Shri Devendra Fadnavis (Hon. Chief Minister of Maharashtra) and Shri Subhash Desai (Hon. Minister of Industries and Mining, Govt. of Maharashtra) along with Shri Pramod Kumar Agrawal (Chairman, GJEPC next to Shri Suresh Prabhu), Shri Colin Shah (Vice Chairman, GJEPC), Shri Sabyasachi Ray (ED, GJEPC) along with the Committee of Administration of GJEPC during the bhoomipujan of the country’s first ever Jewellery Park in Navi Mumbai.

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Shri Devendra Fadnavis (Hon. Chief Minister of Maharashtra) addresses the gathering during the bhoomipujan of the country’s first ever Jewellery Park in Navi Mumbai.

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Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India) addresses the gathering during the bhoomipujan of the country’s first ever Jewellery Park in Navi Mumbai.

DSC_9222India Jewellery Park, Mumbai, a mega initiative by the Government to take India’s jewellery manufacturing and trade to a new level, was inaugurated with the foundation stone laying ceremony by Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India); Shri Devendra Fadnavis (Hon. Chief Minister of Maharashtra); Shri Subhash Desai (Hon. Minister of Industries and Mining, Govt. of Maharashtra) in the presence of Smt. Rupa Dutta (Economic Advisor, Union Ministry of Commerce & Industry), Shri Raj Purohit (BJP leader), Shri Pramod Kumar Agrawal (Chairman, GJEPC), Shri Colin Shah, Vice Chairman, GJEPC along with the Committee of Administration of GJEPC.

The 21-acre land identified for the project is at Plot No. OS-12 EL, MIDC – TTC, Electronic Zone, Behind Nelco, Mahape, Electronic Zone, MIDC Industrial Area, Navi Mumbai, Maharashtra, 400710.  India Jewellery Park, Mumbai, is a project of the Gem &Jewellery Export Promotion Council (GJEPC). GJEPC will be entrusted to construct the Park as a special purpose vehicle (SPV). India Jewellery Park is estimated to generate employment of 100,000 (1lakh) workers, enhance manufacturing, investment, export growth and overall economic development of Maharashtra & India. The Government has proposed housing for karighars/ craftsmen/ workers of the first-of-its-kind India Jewellery Park, Mumbai, under Pradhan Mantri Awas Yojana. The housing initiative is in line with jewellery manufacturing zones created in countries such as China, Hong Kong and Turkey. 

Shri Suresh Prabhu, Hon’ble Union Minister of Commerce and Industry & Civil Aviation, Govt. of India, said, “As the saying goes ‘Dhaal dhal par sonekichidiya’ – Gold, gems and jewellery is part of our life, society and culture. We had taken several steps to enhance the stature of the gems and jewellery industry as well as increase the number of jobs created. The bhoomipujan of the India Jewellery Park today is symbolic of the direction of the future economic march of our country. We have to inject new energy into enterprise and business in order to generate more jobs and prosperity for the common man. We want to double our merchandise exports from USD 500 bn to USD 1 trillion and the gem &jewellery business will have a significant role to play in this endeavour. The gem &jewellery sector has created 50 lakh jobs on its own. If we get more diamonds as raw materials, we can process more. We are working on a strategy where we are targeting countries such as Russia and get all their diamonds, process and export them back to their country.  On the jewellery side, every village in India has a jeweller and we have a flourishing domestic jewellery trade. We have connected to184 countries to promote all exports including indigenous gem &jewellery sector. India Jewellery Park will create 1 lakh jobs and indirectly create multiples of the same. We are in the process of creating a Domestic Gem &Jewellery Council through a democratic process. We want to double exports from USD 40 bn and generate similar amount of business from domestic sales. We shall make sure that the Jewellery Park project progresses fast and becomes as good and as well managed as the Bharat Diamond Bourse. For the first time ever in the country, the Union Ministry of Commerce & Industry is also the nodal Ministry for Internal Trade thanks to our Prime Minister’s vision. Enhancing domestic trade and international trade will be the backbone of our economy.”  

Hon’ble Chief Minister of Maharashtra Shri Devendra Fadnavis said, “India Jewellery Park, Mumbai, is a dream come true not just for GJEPC but also for Maharashtra Government too. When this idea was first mooted at a function organised by the Council, I had said that Maharashtra will welcome you and fulfil all your requirements. Gem &jewellerykarighars/ craftsmen have to work under challenging circumstances including security concerns. I am hopeful that India Jewellery Park, Mumbai, will be one-of-its-kind and the best and most beautiful jewellery park in the world. Since India is showing the world the future direction in terms of gem &jewellery exports business, then the Jewellery Park, Mumbai also has to be the best in the world. We promised a single-window clearance and we have delivered it as businessmen only need to go to one office of MIDC to get all permissions. If we are able to give jobs to 1 lakh people through India Jewellery Park, Mumbai, then we need to arrange for basic amenities such as housing. Navi Mumbai has the maximum number of ongoing projects under Pradhan Mantri Awas Yojana. We shall ensure that karighars will get housing very close to the Jewellery Park and create a whole new ecosystem. We have decided that by 2025 we shall make Maharashtra a trillion dollar (sub-national) economy and the gem &jewellery industry will be a significant part of this journey. The gem &jewellery industry’s investments of Rs. 14,000+ crore in the Jewellery Park, the exports and value addition generated will contribute to our trillion dollar economy dream. Your target of achieving USD 75 bn of exports in gem &jewellery is low and it should be increased to USD 100 bn. If you keep your target high, it will also help us in achieving our dream. I had urged the Council to start the first-of-its-kind Gems &Jewellery University in Maharashtra. My offer stands and I want the Council to help realise the dream of the first-ever Gems &Jewellery University in Mumbai or Navi Mumbai or in Maharashtra. As per the new private university norms, you can also start one campus right here in the Jewellery Park and plan an integrated ecosystem here. The hallmark of our Government is achieving scale and skill in every sector including the gem &jewellery sector.”  

Shri Pramod Kumar Agrawal, Chairman, GJEPC, said, “The gem &jewellery industry is thankful to the Hon’ble Union Minister Commerce & Industry and Civil Aviation Shri Suresh Prabhu and the Govt. of Maharashtra under the leadership of Hon’ble Chief Minister Shri Devendra Fadnavis for all the support extended to set up India Jewellery Park, Mumbai. India Jewellery Park, Mumbai will provide effective support to jewellery manufacturers/traders who are interested to establish, expand or invest in the state of Maharashtra and initiate new business or strengthen their existing business. It is benchmarked with the best-in-class Jewellery Parks created in countries such as China, Turkey, Italy & Thailand. India Jewellery Park, Mumbai will contribute to the economic development of both Maharashtra and India by drawing in investment from across India and abroad. It will have 2,400 units of all categories including large, medium and small players as well as international units catering to different countries. We request for maximum support from both State and Central government. We have already got a sanction of Rs. 50 crores from the Ministry of Commerce & Industry under the 12th five-year plan for Jewellery Park which we would request the Government to increase its contribution to Rs. 250 crores in way of creation of Common Facility Center inside the Park, effluent treatment plants, karighar training centre, design development centre, and technology development centre.  We also seek single-window clearances and Workforce Welfare Assistance benefits for karighars of the India Jewellery Park, Mumbai.”  

Features of the India Jewellery Park, Mumbai

India Jewellery Park will be an integrated Gem &Jewellery industrial park with manufacturing units, commercial areas, residences for industrial workers, and commercial support services. It will have Common Infrastructure like compound wall with entrance / Exit Gates, Internal roads with Street Lighting, SDF Buildings for Manufacturing Units, drainage, Rain Water Harvesting and water supply, electricity supply including captive power plant, effluent treatment Plant, Water Treatment Plant, High Security System and Access Control, Bonded Storage, Disaster Management System and Infrastructure, telecommunication lines, solar energy, etc.

A comfortable working environment will increase the productivity of the people working at the jewellery trade. Self-content units will make the work place healthier, which will reduce the health issues of the workers and thus the medical expenses. Karighars can easily focus on quality, design, (Indian concept/ culture based designs) etc., which will support to convert the Jewellery Park to one of the biggest hubs for B2B and B2C business in future.The Park will contain three type of units (500 sq. ft, 1000 sq.ft and >1000 sq. ft) for facilitate all category beneficiaries.

State-of-the-art machinery and infrastructure will help to reduce gold loss ratio from 10% to 3%. The gold dust can be recovered easily by suction system & drainage systems which is the biggest benefit for the Artisans. India can aim to become Zero loss manufacturers. This can save up to 40 tonnes of gold annually.

GJEPC is expecting support for infrastructure development from the ministry of MSME and the state Government for developing small factory cubicles with all facilities for the karighars and their vendors at the Park. GJEPC has asked that Maharashtra Govt. should create a one window clearance scheme for setting up the units inside the Park.  

GJEPC has sought following assistance from Government for India Jewellery Park…

Salient Features of India Jewellery Park Mumbai
? India Jewellery Park, Mumbai is spread across 21 acres of land, housing
about 5000 units
? Planned construction area of over 3.4 million sq.ft.
? World Class working conditions  for Workers & Artisans
? Provide employment to one lakh  people
? Design Centres, Common Facility Centres, Training Facilities, Technology
upgradation centre
? 100% Secure Environment
? Investment of Rs.14,467 crores by way of land building and raw materials.
? Expected to generate an annual turnover to the tune of Rs.41,467.50 crores
under the current market conditions, a major part of which will be for exports
? Single window clearance for all Govt. rules & regulation for the projects &
units
? Proximity to both Airport & Market (Zaveri Bazar)
? Reduce gold loss ratio from 10% to less than 3%, saving 40 tonnes of gold
annually
? Increase in quality & productivity of jewellery
? Making Indian jewellery industry competitive in the world market