GJEPC sets up CFC in Kolkata for gold artisans from Bengal

The CFC is coming up at Bow Bazar, which is the jewellery hub of the city. There are many small gem and jewellery units set in Bow Bazar and its surrounding areas. GJEPC with the support of the commerce ministry has already set up CFCs in Amreli, Palanpur, Visnagar and Junagadh in the state of Gujarat.Last Updated: Jan 30, 2020, 04.00 PM ISTAgenciesRepresentative ImageKOLKATA: Gem & Jewellery Export Promotion Council (GJEPC) is setting up a common facility centre (CFC) in Kolkata to provide the artisans from Bengal an opportunity to produce jewellery keeping their process losses minimized. Kolkata is the national jewellery hub known for making quality and high-class designs in handmade jewellery. The city is famous across the world for its jewellery which is known as Kolkata jewellery in the domestic market as well as across the globe.

The CFC is coming up at Bow Bazar, which is the jewellery hub of the city. There are many small gem and jewellery units set in Bow Bazar and its surrounding areas.

GJEPC with the support of the commerce ministry has already set up CFCs in Amreli, Palanpur, Visnagar and Junagadh in the state of Gujarat. CFC at Bow Bazar is being set up by GJEPC in association with Swarna Shilpa Bachao Samiti (SSBC) at Bow Bazar.

Rupa Dutta, Economic Advisor, Ministry of Commerce & Industry who was present at the ground breaking ceremony of the Kolkata CFC said, “The gem and jewellery industry has been an important contributor to the economy of the country. It also employs 5 million people. Our effort is to enhance the productivity and quality of products of our MSME units and make them contribute to exports. The concept of Common Facility Centre is ideal where small units can get easy access of capital-intensive facility which is beyond investment capacity of individual Jewellery manufacturing unit holders. I am sure that such initiatives can surely boost exports from the country.”

Mr Pramod Agrawal, chairman, GJEPC said, “India is a leading player in the global gem and jewellery market. To sustain its leadership, GJEPC has been facilitating the industry especially the MSMEs who are the backbone of the industry, with modern machines and tools at affordable prices at Common Facility Centers. Currently, the artisans are manufacturing jewellery on make to order basis for retail jewellers or wholesale manufacturer. They are using old technology to manufacture the jewellery. Usage of technology such as casting technology, finishing techniques such as tumbling, magnetic polisher etc. are found only in some of the units. Bench work is also carried out by using old techniques. Our effort is to give small and medium jeweller manufacturing unit holders access to a common platform where they could take benefit of the equipment globally used in Jewellery industry, thus improve their overall performance when it comes to manufacturing Jewellery.”

Mr Prakash Chandra Pincha, GJEPC Regional Chairman, GJEPC, Kolkata said, “To remain competitive in the current world market, where modern technology is being used extensively, it is important we give our artisans and karigars access to modern machines and tools for manufacturing jewellery. At CFC Bow Bazar, even smallest units of artisans who don’t have any machine, can get their various manufacturing processes completed at a very nominal cost in a highly transparent manner which otherwise require investment in costlier machines or unnecessary expenditure. CFC at Bow Bazar will also be helpful to other nearby clusters as Bow Bazar is centrally located. This will help the small units to increase production and quality of products.”

The overall gem and jewellery exports from the country accounts for USD 40 billion in 2018-19. The vision is to grow exports to USD 75 billion in the next 5 years. It is expected that Kolkata will play an important role in achieving this target.
Also ReadGJEPC seeks reduction in import duty in BudgetJewellery exports fall 4.74% in November: GJEPCGems, Jewellery exports may decline 5-10% this year: GJEPCJewellery exports dip 5.49% in October to Rs 24,583 crore: GJEPCCommenting feature is disabled in your country/region.Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s