50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
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27th January, 2016: KP WGM teleconference was held which was attended
Mr. Raj Kamal, Director, MoC & I, Shri. Sabyasachi Ray and Shri. Shashank
Upadhyay. Shri. Eajkamal, Shri. Sabayasachi Ray, Shri. Shashank Upadhyay
were present.
30th January, 2016: A meeting was held with Shri Hasmukh Adhia, Revenue
Secretary to discuss 1. Presumptive Taxation System, 2. Transfer Pricing ,
3. Import duty on Gold Dore Bars. Shri P.S.Pandya, Shri Russell Mehta, Shri
Ajesh Mehta, Shri Sabyasachi Ray, Shri K.K.Duggal, Shri Vishal Shah – PwC
Consultant were present.
2nd February, 2016: Pitch presentations for Creative ad agencies were hled to
finalise the ad agency for the Council. Shri. Shailesh Sangani, Shri. Colin Shah,
Smt. Nirupa Bhatt, Shri. Sabyasachi Ray, Ms. Dolly Choudhary, Ms. Raksha
Manihar were present.
2nd February, 2016: A delegation comprising of 70 business delegates
headed by Hong Kong Chief Executive Hon. C Y Leung visited BDB. Mr
Prashant Agrawal, Consul General of India to Hong Kong SAR & Macau SAR
and Mr Aniket Mandavgane, Under Secretary (China) were present.
3rd February, 2016: A meeting was held to discuss the agenda points to
be taken up with the Alrosa delegation headed by Mr. Andrey Zgharkov,
President, Alrosa during Signature 2016. Council invited the 12 companies
who have long term contract with ALROSA for the meeting out of which few of
them attended the meeting. Shri. Praveenshankar Pandya, Shri. Sanjay Shah,
Shri. Sabyasachi Ray, Ms. Kavita Hebalkar, Shri. Shashank Upadhyay, Shri.
Sudhir Patil were present.
4th February, 2016: A meeting held to discuss and for an initial briefing on
the activities undertaken by the International Events. Shri. Russell Mehta, Shri.
Dilip Shah, Shri. Sabyasachi Ray, Shri. Sridhar Iyengar were present.
5th February, 2016: My KYC Bank Launch meeting was held on 5th February
2016 at Business Centre, Signature venue to intorduce the functioning of
MyKYCBank, including how it will work? How it will help industry using KYC as
a transparent and streamline across industry. Shri. Praveenshankar Pandya,
Shri. Russell Mehta, Shri. Anoop Mehta, Shri. Sabyasachi Ray, Mr. Andrey
Zharkov, Mr. Andrey Polyakov, Mr. Vladlen Nogovitsyn, Mr.Oleg Petrov of
Alrosa, Ms.Trisevgeni Stavropoulos, Head of Compliance & Legal, AWDC, Mr.
Pranay Narvekar, Mr. Nayan Chawhan, Mr. Sudhir Patil were present.
5th February, 2016: A meeting was held with the ALROSA delegation to discuss
the following points:-Alrosa should allocate fixed lots for small parcels in SNZ,•
Alrosa should do the price fixation of roughs quarterly.• Alrosa may continue
with flexibility in supply in 2016 as they have done in 2015.• There should be
an open policy of carrier of rough diamonds i.e Brinks or Malca or any other
freight forwarder. A logistical competition would help both the importer and
exporter.• Support in Promotion of Diamond & Diamond Jewellery • Devise
a policy to allocate roughs to SME players. Mr. Andrey Zharkov, Mr. Andrey
Polyakov, Mr. Vladlen Nogovitsyn, Mr.Oleg Petrov, Shri. Praveenshankar
Pandya, Shri. Russell Mehta, Shri. Sanjay Shah, Shri. Saunak Parikh, Shri.
Ajesh Mehta, Shri. Dilip Shah, Shri. Sabyasachi Ray, Shri. Shashank Upadhyay
were present.
6th February, 2016: A meeting held at Business Centre, Signature venue to
discuss the different aspects about the proposed GST to be implemented
by the Govt and its implications to the Indian gem & jewellery industry. Shri.
Praveenshankar Pandya, Shri. Anil Sankhwal, Shri. Dineshbhai Navadia, Shri.
Mahender Tayal, Shri. Prakash Pincha, Shri. Saunakh Parikh, Shri. Konal
Doshi, Shri. Rohan Shah, Shri. Nishant Shah, Shri. Supreme Kothari, Shri.
Sabyasachi Ray, Shri. KK. Duggal, Shri. Sanjay Singh, Shri. Tarun Ray, Ms.
Jilpa Sheth, Shri. Surya Narayanan, Dr. Jitarani, Ms. Mrunali Elle, Shri. Sudhir
Patil were present.
7th February, 2016: A meeting of the Co-Ordination Committee betwwen
GJEPC & GJF held at Business Centre, Signature venue to discuss Synthetic/
lab grown diamonds issue, Joint Promotion of diamonds, Gold Monetization
Scheme and PAN Card issue. Mr. PraveenShankar Pandya, Mr. Shailesh
Sanghani, Mr. Konal Doshi, Mr. Ayodhya Seth, Mr. Nirav Bhansali, Mr.
Sabyasachi Ray, Mr. Mukul Kulkarni, Mr. Roman Solanki, Mr. Mahesh Jain,
Mr. Ashok Minawala, Mrs. Nirupa Bhatt, Mr. Nitin Khandelwal, Mr. Sreedhar,
Chairman, GJF, Mr. Sudhir Patil, Ms. Mrunali Elle were present.
7th February, 2016: A meeting held at Hall No.2, Signature venue to give
a presentation on the proposed Jewellery Park to the Invited Members. Mr.
Raj Kamal, Director, MoC&I, New Delhi, Mr. PraveenShankar Pandya, Mr.
Mansukh Kothari, Mr. Ashok Gajera, Mr. Sabyasachi ray, Mr. K. K .Duggal, Mr.
Vasantraj Birawat, Dr. Jitarani Udgata, Mr. Sudhir Patil, Ms. Mrunali Elle, 105
Trade Members were present.
16th February, 2016: A high level delegation from Belgium headed by Mr.
Pieter De Crem, Secretary of State for Foreign Trade (Cabinet of the Federal
Government of Belgium) visited BDB to meet up the GJEPC and BDB
Committee followed by a tour to BDB. Shri. Praveenshankar Pandya, Shri.
Russell Mehta, Shri. Anoop Mehta, Shri. Sanjay Shah, Shri. Ashok Gajera, Shri.
Dilip Shah, Shri. Sabyasachi Ray were present.
16th February, 2016: A meeting of the International Exhibition Sub-Committee
held to discuss 1. To confirm the record note of the meeting held on 4th
February, 2016. 2. To update about the activities of the International exhibitions
department – calendar of events 2016-17, 3. To update the forthcoming India
Show in Lahore 4. To update about India SAARC Iran BSM, 5. To update about
the UBM proposal, To finalize the sponsorship for VOD 2016 and JCK 2016,
To seek the opinion of the Sub-Committee in exploring participation of India
Pavilion in show such as Sharjah, Qatar, Oman, Iran and India Diamond Week
in Mumbai, To deliberate the matter with regard to the provision of applicability
of service tax for the International events etc. Praveenshankar Pandya, Russell
Mehta, Dilip Shah, Anil Sankhwal, Sohil Kothari, Biren Vaidya, Sabyasachi
Ray, Sridhar Iyengar, Naheed Sunke, Margaret Rodrigues, Prasad Patil were
present.
17th February, 2016: Pitch presentations for Creative ad agencies were hled to
finalise the ad agency for the Council. Shri. Shailesh Sangani, Shri. Colin Shah,
Smt. Nirupa Bhatt, Shri. Sabyasachi Ray, Ms. Dolly Choudhary, Ms. Raksha
Manihar were present.
18th February, 2016: The DPC Convener called a meeting to discuss the
Article in DIB - issue 870 regarding GIA certificate of natural diamonds for
synthetic diamonds. Shri. Praveenshankar Pandya, Ms. Nirupa Bhatt, Shri.
Ashish Mehta, Shri. Sanjay Shah, Shri. Sabyasachi Ray, Ms. Kavita Hebalkar,
Shri. Shashank Upadhyay, Shri. Abhizar Bootwala were present.
19th February 2016: Diamond Panel Committee meeting held on 19th Feb,
2016 to discuss Article in DIB - issue 870 regarding GIA certificate of natural
diamonds for synthetic diamonds, Proposal for NABL Accreditation of GTL
Jaipur & proposal from GII Mumbai, Letter received from GIA on waiver of
tolerance limits for export and re-import of diamonds. Shri. PraveenShankar
Pandya, Shri. Sanjay Shah, Shri. Anil Virani, Shri. Dilip Shah, Shri. Manish
Jivani, Shri Sabyasachi Ray, Smt. Kavita Hebalkar, Shri. Shashank Upadhyay
were present.
22nd February, 2016: A meeting held with ahigh level delegation from Rio Tinto
headed by Mr. Simon Trott, the new Managing Director of Rio Tinto Diamonds
to discuss 1. Overview of SNZ, 2. Support in Promotion of Generic Diamond,
3. SNZ MSME Allocation, 4. Price Stability, 5. Financing of the industry, 6.
Synthetic Diamonds. Praveenshanker Pandya, Sanjay Shah, Ajesh Mehta, Kirit
Bhansali, Dilip Shah, Manish Jiwani, Anoop Mehta, Mehul Shah, Mr. Simon
Trott, Mr. Patrick Coppens, Mr. Benjamin Lewis , Mr. Jonathan Whitney , Mr.
Vikram Merchant were present.
26th February, 2016: Awards Jury Meet held at Hotel Sofitel. Juries appointed
to select the awardees, Mr. Kirit Bhansali, Mr. Mithlesh Pandey, Ms. Dolly
Choudhary were present.
27th February, 2016: Awards Sub-Committee meeting held to discuss and
confirm the minutes of the meeting dated 12th January 2016, To finalize the
Award winners for the year 2014-15, To discuss and finalize the Lifetime
achievement award winner, Importer of the Year winner and CHA/ Freight
Forwarder winner, To finalize agency for Event Management, To finalize the
agency for Newspaper supplement, To finalize the Compere for the event, To
finalize the printer for different printing jobs, To finalize the trophy, To finalize
the Media Partner, To note the details of Council officials who have completed
25/35 years. Shri. Praveenshankar Pandya, Shri. Kirit Bhasali,Shri. Pramod
Derewala, Shri. Anil Virani, Shri. Mithlesh Pandey, Ms. Linu Mathews, D & B
Team were present.
27th February, 2016: In continuation to the meeting held at Signature venue, a
meeting of the Jewellery associations held at Council to discuss the porposed
Jewellery Park and its way forward. Shri. PraveenShankar Pandya, Shri.
Mansukhlal Kothari, Shri. Ashok Gajera, Shri. Pramod Agrawal, Shri. Mahesh
Dhamnaskar, Shri. Ranjeet Dutta, Shri. Vasantraj Birawat, Shri. Rabindranath
Sanhi, Shri. Narayan Bera, Shri. Hari Das, Shri. Kalidas Sinha, Shri. Vijay Pitale,
Shri. Sunil Deorukhe, Shri. Adip Vernekar, Shri. Ramesh Gujrathi, Shri. Sudhir
Pednekar, Dr. Jitarani Udgata, Shri. Sudhir Patil were present.
1st March, 2016: Meeting with Mr. Prem Kothari to discuss the flow of agendas
planned in the GJSCI EGM. Shri. Pravinshankar Pandya, Shri. Prem Kothari,
Shri. Binit Bhatt, Shri. Sabyasachi Ray, Shri. Sandeep Sharma, Shri. Rajesh
Narvekar were present.
