GJEPC Full Form - What Is The Full Form of GJEPC?
The full form of GJEPC and its significance. GJEPC stands for Gem & Jewellery Export Promotion Council, promoting India's gem and jewellery industry globally.
Ranvijay Singh26 Oct, 2023
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The GJEPC full form of is the Gem and Jewellery Export Promotion Council.
What Is GJEPC?
GJEPC stands for the Gem and Jewellery Export Promotion Council, an organisation established by the Indian government to promote the export of Indian gems and jewellery products to other countries. The GJEPC assists and supports Indian gem and jewellery exporters and works to boost the growth of the Indian gems and jewellery industry by organising international exhibitions, trade fairs, and other trade promotional activities. The GJEPC is headquartered in Mumbai and is important in promoting and facilitating the export of Indian jewellery and gem products worldwide.History of GJEPC?
The Gem and Jewellery Export Promotion Council (GJEPC) was established by the Indian Ministry of Commerce and Industry in 1966 to promote the export of Indian gems and jewellery products. It has its headquarters in Mumbai and regional offices in several cities. With nearly 7,000 exporters, the GJEPC represents the Indian gem and jewellery industry and advocates for policy changes to the government. In 1998, it was given autonomous status to function independently.What Is The Ultimate Vision of GJEPC?
The vision of GJEPC is to establish the Indian gem and jewellery industry as the most desirable and reliable source of gems and jewellery products in the world market. GJEPC aims to achieve this by promoting excellence in design, innovation, and quality and fostering sustainable and responsible business practices in the industry. Additionally, GJEPC envisions the Indian gem and jewellery industry as a key contributor to India's economic growth and development by generating employment, creating wealth, and enhancing India's image and reputation as a global leader in the gems and jewellery sector.What is the Ultimate Mission of GJEPC?
The mission of GJEPC is to promote and develop the export of gems and jewellery products from India to global markets. GJEPC aims to achieve this mission by the following means as:- Providing support and assistance to Indian gem and jewellery exporters,
- Promoting the adoption of international best practices and enhancing the competitiveness of the Indian gems and jewellery industry.
- Improve the image and visibility of Indian gems and jewellery products in international markets,
- Building strategic partnerships with industry stakeholders,
- Facilitating the growth and expansion of the Indian gem and jewellery sector through various initiatives, such as organising trade shows, exhibitions, and educational programs.
GJEPC-Approved Products
The Gem and Jewellery Export Promotion Council (GJEPC) covers a wide range of products related to the Indian gems and jewellery industry. These products include:- Cut and polished diamonds
- Coloured gemstones
- Precious metal jewellery
- Costume/fashion jewellery
- Silver Jewellery
- Synthetic stones
- Pearls
- Platinum jewellery
- Studded gold jewellery
- Traditional/antique jewellery
How to Register to GJEPC
To register for GJEPC membership, follow these steps: Step 1: Go to the official site and click "Registration." Step 2: Fill out the new registration form and submit it. Step 3: The user will receive an email containing their credentials after user registration. Step 4: Sign in. Step 5: Begin filling out the forms, starting with the Application form for Associate Membership. The system will automatically move to the next state once the current form is saved. Step 6: Payment of fees can be initiated through the challan form using net banking, debit card, credit card, or NEFT. Step 7: Print all forms from the "Print Application/Challan form" section.Registration for GJEPC
The GJEPC offers membership in various categories, including- Manufacturers
- Exporters
- Diamond processors
- Designers
- Retailers
- Associate members.
Membership Fee Details
| Export Performance of Gem and Jewellery | Membership Fee | GST |
| Export up to Rs.25 Lakhs | Rs.6000 | 18% |
| Admission Fee | Rs.5000 | 18% |
| Export above Rs.25 Lakhs up to Rs.1 Crore | Rs.10000 | 18% |
| Export above Rs.1 Crore up to Rs. 5 Crore | Rs.15000 | 18% |
| Export above Rs.5 Crore up to Rs. 15 Crore | Rs.30000 | 18% |
| Export above Rs.15 Crore up to Rs.50 Crore | Rs.40000 | 18% |
| Export above Rs.50 Crore up to Rs.100 Crore | Rs.65000 | 18% |
| Export above Rs.100 Crore up to Rs.500 Crore | Rs.100000 | 18% |
| Export above Rs.500 crore | Rs.200000 | 18% |
Participation in Council-sponsored Activities
- The Council organises exhibitions both in India and overseas and facilitates buyer-seller meets globally
- Conducts seminars
- Workshops
- Panel discussions
- Leads various trade delegations abroad
- Participates as an exhibitor at concessional rates in prominent events such as IIJS, IIJS Signature, and IGJME.
Members' Certification and Accreditation
The GJEPC offers certification and accreditation benefits to its registered members, including- National Gold Rate
- Registration-cum-Membership Certificate (RCMC)
- Kimberly Process Certification Scheme at concessional rates
- Visa recommendation
Awards for GJEPC Membership
The GJEPC hosts a leading jewellery design competition and awards ceremony that recognises and celebrates the skills and creativity of talented jewellery designers, promoting the appreciation of art and innovation in the industry.Renewal of GJEPC RCMC Documents
The following documents must be submitted to the head office or regional office of GJEPC. To apply for GJEPC membership, the following documents are required:- A self-attested copy of the import-export code number issued by the affiliated authority
- The original Registration Certificate (RCMC)
- A copy of the online-generated newsletter
- A self-attested partnership document (if applicable)
- The Memorandum and Article of Association (if the firm is a private limited company).
- An authenticated true copy of the SSI, IEM,
- MSME Registration Certificate for Producer Exporter issued by the concerned authority is also needed. A cover letter is also required.
Q1. Who is India's largest export of gems and jewellery?
Ans. In 2021-22, Indian jewellery exports to the United States, valued at US$ 14.5 billion, have increased from the previous year's exports of US$ 8.7 billion. As such, the United States remains the biggest importer of Indian jewellery.
Q2. Which minister is reposible for GJEPC?
Ans. The Minister of Commerce and Industry in the Government of India, Piyush Goyal, is responsible for the activity of GJEPC.
Q3. Who are the members of the GJEPC?
Ans. The GJEPC has over 7,000 members involved in various aspects of the gem and jewellery industry, including manufacturers, exporters, importers, retailers, and others.
Q4. What training and education programs does the GJEPC offer?
Ans. The GJEPC offers various training and education programs to enhance the skills and knowledge of people working in the gem and jewellery industry. These include design, manufacturing, gemology, and retailing programs.
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