GJEPC holds trade meet to address SEZ challenges, announces Mega CFC in SEEPZ will be operational from June

The Gem and Jewellery Export Promotion Council recently held a Special Economic Zones (SEZ) Interactive Trade Meet in Mumbai through its SEZ Sub-Committee and announced that the Mega Common Facilities Centre in the Santacruz Electronics Export Processing Zone will be operational from June 1.

The meeting was the first of its kind for the 2025 financial year and also covered progress on the India Jewellery Park’s ongoing construction, the GJEPC reported on its website. Suvankar Sen, the GJEPC’s SEZ Committee convenor led the meeting and shared news and updates on free trade agreements infrastructure projects, and policy with regards to SEZ exporters as part of the GJEPC’s work to boost Indian jewellery exports.
 
“Sen also shared the vast export opportunities that the e-commerce platform has started offering and challenges (logistics) thereof,” announced the GJEPC on its website. “He presented export trends of the SEZs, noting exports of plain gold jewellery, plain silver jewellery and platinum jewellery from SEZs have risen significantly, while exports of CPD [cut and polished diamonds], studded gold jewellery and polished lab-grown diamonds witnessed a dip.”
 
The Mega CFC at SEEPZ will fully begin services including Computer Aided Design rendering, 3D printing, and Computer Numerical Control from June 1. The centre is designed to offer cutting edge technology to jewellery manufacturing businesses in order to enable them to create world class products to export globally.