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Indian Gem and Jewelry Companies Honored

October 10, 07 by A Jewelbiz India Report

Leading exporters in different segments of the gem and jewelry industry in India were recognized by The Gem & Jewellery Export Promotion Council for their activities during the Indian fiscal 2006-07 at its 34th Annual Awards Function in Delhi.

 

The trophies were handed over to the winners by the chief guest, Kamal Nath, minister of Commerce & Industry, Government of India and guest of honor, Prem Singh, speaker, Delhi Legislative Assembly on October 5.

 

Topping the list among the diamond exporters who are DTC Sightholders was K. Girdharlal & Co, with an export turnover of $216.32 million, followed by Kiran Exports with $204.21 million. The other two Sightholder companies that received awards were Sheetal Manufacturing and C Mahendra Exports.

 

Ranking first among non-sightholder companies was J.B. & Brothers with exports of $170.56 million, followed closely by Hari Krishna Exports with of $151.31 million. Third and fourth in this category were Dharmanandan Diamonds and Shairu Gems.

 

In the jewelry segment, Goldstar Jewellery topped in the Studded Precious Metal Jewellery Export by Units from EPZ/ EOU category with exports of $124.61 million, while Tara Ultimo, with $120.75 million, was a close second.

 

Kama Jewellery, which recently formed a joint venture with Leo Schechter Diamonds, was placed second among the Studded Gold Jewellery manufacturers outside of the EPZ/ EOU, with an export of $20.05 million, while Say India Jewellers bagged the first position with exports of $22.16 million.

 

Leading diamond importers from the U.S. (Sanghavi Diamond and Indian Diamond Imports), Japan (Tsutumi Jewelry) and SE Asia (R.A. Gem Centre) were also honored. State Bank of India and ABN AMRO Bank grabbed the awards for providing finance to the sector.

 

Awards were also given to leading performers in a number of other categories like Plain Gold Jewellery, Coloured Gemstones, Silver Jewellery and so on.

 

Two special awards were also announced – an Award for Outstanding Contribution to Gem & Jewelry Industry to Nirupa Bhatt, Marketing Manager of Rio Tinto Diamonds, India; and a Lifetime Achievement Award to Arunkumar R. Mehta, founder and senior director of Rosy Blue and B. Arunkumar Group of Companies. 

 

The following are the Annual Award winners across different categories:

Cut & Polished Diamonds (DTC)

  • K. GIRDHARLAL INTERNATIONAL PVT.LTD, Mumbai
  • KIRAN EXPORTS, Mumbai
  • SHEETAL MANUFACTURING CO., Mumbai
  • C. MAHENDRA EXPORTS LTD, Mumbai

Cut and Polished Diamond (Others)

  • J.B. & BROTHERS, Mumbai
  • HARI KRISHNA EXPORTS, Mumbai
  • DHARMANANDAN DIAMONDS, Mumbai
  • SHAIRU GEMS, Mumbai

Studded Gold Jewellery DTA

  • SAY INDIA JEWELLERS PVT. LTD., Mumbai
  • KAMA JEWELLERY (I) P. LTD., Mumbai

Plain Gold Jewellery DTA

  • RAJESH EXPORTS LTD., Bangalore
  • Suman Jewellery, Delhi

Plain Precious Metal Jewellery Export by Units from EPZ/ EOU

  • P.P. Jewellers (Exports), New-Delhi

Studded Precious Metal Jewellery Export by Units from EPZ/ EOU

  • GOLD STAR JEWELLERY LTD., Mumbai
  • TARA ULTIMO PVT. LTD., Mumbai

Cut and Polished Colored Gem stone

  • VAIBHAV GEMS LTD., Jaipur
  • KOTHARI GEMS, Jaipur

Cut and Polished Synthetic Stone

  • INDUSTRIAL JEWELS PVT.LTD., Mumbai

Costume and Fashion Jewellery

  • NORMAK FASHIONS (P) LTD., Hyderabad

Processed and Polished Pearls

  • DIPAK DIPCHAND TASWALA, Mumbai

Silver Jewellery

  • ACPL EXPORTS, New-Delhi

Sales to Foreign Tourists

  • SILVER & ART PALACE, Jaipur

Highest Importer of Cut and Polished Diamonds – Japan

  • TSUTSUMI JEWELRY CO. LTD., Japan

Highest Importer of Cut and Polished Diamonds– USA

  • SANGHAVI DIAMOND INC, New York
  • INDIAN DIAMOND IMPORTS INC, U.S.A.

Highest Importer of Colored Gemstones

  • LEE GEMS & JEWELLERY CO., Hong Kong

Highest Importer of Gold Jewellery (Plain & Studded)

  • SIROYA JEWELLERS L.L.C., U.A.E.

Highest Importer of Cut & Polished Diamonds – SE Asia

  • R. A. GEM CENTRE LTD., Hong Kong

Total Limit Sanctioned

  • ABN-AMRO BANK N.V., Mumbai
  • STATE BANK OF INDIA, Mumbai

Agency Supplying Gold to Exporters against Replenishment

  • THE BANK OF NOVA SCOTIA, Mumbai

Highest Number of Client Finance

  • State Bank of India, Mumbai

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