Industry Not Yet Prepared for Hallmarking

Mumbai: A meeting of all stakeholders was held yesterday. Members of industry bodies from All India Gems & Jewellery Trade Federation (GJF), IBJA, SSBC, Coimbatore Jewellery Manufacturer Association, Mr Rajesh Khosla (MMTC PAMP), Mr C R Narsimhan from Tanishq along with members of Indian Association of Hallmarking (IAHC) Centre participated.

In a joint press statement, Mr. Nitin Khandelwal, Chairman of GJF said, “All the stakeholders welcome Hallmarking. A detailed discussion on various issues and concerns on hallmarking were discussed. There was general consensus on most issues and there were some issues that were unanimously resolved on the matters of UID. It was agreed upon by all stakeholders that provision of UID in the present circumstances are not possible to be implemented at the present as it will create disruption and disarray as Industry is not geared to go ahead with the same.”

It was also resolved that joint delegation to represent this issues on Hallmarking with the BIS, before any proposals have been finalized by BIS.

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