Top Indian Exporters Honored by GJEPC

Some of India’s top jewelry firms were honored on Saturday at the 35th Annual Awards of The Gem & Jewellery Export Promotion Council (GJEPC). The leading exporter of cut and polished diamonds awards went to Kiran Gems in the DTC Sightholders category and Hari Krishna Exports in the non-Sightholder category.

Winners of the awards were selected based on a number of factors including exports, value addition and job generation.

Other winners in the DTC Sightholders category included Sanghavi Exports, Sheetal Mfg and C. Mahendra Exports. Amongst non-Sightholders, winners included Dharmanandan Diamonds, J.B. & Brothers and Godhani Gems.

In the studded jewelry manufacturers category, Kama Jewellery (India) won the award among Export Oriented Units operating in the domestic tariff area, while Renaissance Jewellery and Tara Ultimo won the awards for units operating in Export Processing Zone/Export Oriented Units (EPZ/EOU) complexes.

Tsutsumi Jewelry, Sanghavi Diamonds Inc and R.A. Gem Centre continued to be the leading importers of polished diamonds from India in Japan, the United States and South East Asia respectively. The award for the leading importer of polished diamonds from India to Europe went to first-time winner Kiran Exports BVBA.

The award winners in the plain jewelry category were Suman Jewellery and Shree Ganesh Jewellery among the exporters and Siroya Jewellers LLC from Dubai among the importers.

ABN AMRO continued to be the leading bank in terms of loans to exporters, closely followed by State Bank of India. The largest supplier of gold to exporters was Scotia Mocatta – The Bank of Nova Scotia.

A new category introduced this year was for Emerging Exporters, won by Sanghi Jewellers of Hyderabad.