Facility centres for jewellery sector to help workers improve quality: Govt

Photo: Kamlesh Pednekar

Setting up of common facility centres (CFCs) in the country for gems and jewellery sector will help marginal workers upgrade their product quality and output, the Commerce Ministry said on Tuesday.

Gems and jewellery exports account for more than $40 billion (about Rs 2.84 trillion) annually, employing more than 5 million people across the country.

The industry has a huge potential to grow and it is the aim of the ministry to boost exports to $75 billion (about Rs 5.32 trillion) by 2025, it said in a statement.

It said that one such CFC is being set up in Kolkata for gems and jewellery artisans.

"This CFC will benefit one lakh artisans engaged in the manufacturing of handmade jewellery in and around Bowbazar, a major jewellery hub of Kolkata," the ministry said.

The centre will enhance the productivity and quality of products, especially the small gem and jewellery units, it added.

Apart from introducing trade-friendly policies for the sector, the ministry is also facilitating the industry through creation of infrastructure in the form of CFCs.

A jewellery CFC is also being set up at Coimbatore and is expected to be completed by March 2020.

Similar centres have already been set up at major diamond clusters in Gujarat like Amreli, Palanpur, Visnagar and Junagadh.

"The objective of setting up CFCs is to give the small and medium jewellery manufacturing units access to a common pool of high-end and capital-intensive state-of-the-art machinery/equipment which is otherwise unaffordable for individual small and medium jewellery manufacturers," it said.

The SME (small and medium enterprises) units located in small towns like Coimbatore, Hyderabad, Jaipur, Rajkot and interior villages are still operating with old technology, and this has affected the quality of the finished goods produced, it added.

"The artisans/goldsmiths in these places undertake the work on job-work-basis from wholesale jewellery manufacturer/retail jewellers. They use out dated technology to manufacture the jewellery," it said.

Usage of technology like casting technology, finishing techniques like tumbling and magnetic polisher are being used only in a few of the units, it added.

"The CFCs will empower the trade in this sector and increase overall productivity, yield and timely delivery," it said.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel