Page 29 - Diamond Digest :: Nov. - Dec. 2023 Issue

BDB) took the Hon. State Minister for a guided tour of the Bourse.
Shri Samant emphasized that Maharashtra will do whatever it takes to promote the Rs. 40,000 crore Jewellery Park project conceptualised by the apex body Gem and Jewellery Export Promotion Council of India (GJEPC) to give a boost to India’s gems & jewellery industry. Shri Samant announced that Cabinet has approved subsidy incentives for Jewellery Park such as 5 FSI; One Rupee Electricity Subsidy for all units and 2 rupee for LGD units in the Park; waiver of Electricity Duty for all units in the Park; 50% SGST waiver for 5 years to all units in the Park; 5% interest subvention on Term Loan for all MSME units; and Stamp duty waiver to IJPM for lease. He also stated that he has further taken the decision on plea of GJEPC to
facilitate the levelling of land of the Park by the Govt.”
Shri Samant said, “Maharashtra is No. 1 in m & jewellery business and it will continue to become bigger and bigger in the future. The industry is safe and secure due to the cooperation and support of the Maharashtra State government. We shall do whatever it takes to ensure that the diverse trade constituents of the gem & jewellery industry will continue to remain here and flourish.” Shri Samant added, “We want to spread the benefits of this job generating gem & jewellery industry to other parts of Maharashtra such as Ratnagiri, Sambhajinagar, Kolhapur and Nashik among others. We are preparing a Detailed Project Report (DPR) for the same.”
ET Edge – Times Group Recognises Sequel Logistics as one of
the“Iconic Brands of India 2023”
Speaking on this landmark occasion, Mr Sharad Jobanputra, Founder & Executive Chairman of Sequel Logistics stated, “As an iconic brand, Sequel Logistics continues to set the benchmark for the precious logistics sector, striving for excellence, while upholding its legacy, and we are immensely proud to receive this honour, while delivering world-class solutions for our customers.”
29 • Diamond Digest • Nov. - Dec. • 2023