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Top Industry Performers of 2015 Honoured at GJEPC’s 42nd India Gem & Jewellery Awards

Mar 14, 2016

India's gem and jewellery export sector's top performers were honoured by GJEPC at the 42nd India Gem & Jewellery Awards held in Jaipur on March 12. The winners were felicitated in the presence of Chief Guest Shri Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy, Govt. of Indi and Shri Rajpal Singh Shekhawat, Hon'ble Urban Development and Housing Minister, Govt of Rajasthan.

There were 32 Nomination Awards & 5 Felicitation Awards which included the Lifetime achievement award given to Dilipkumar V Lakhi of Lakhi Group.

Welcoming the guests and the winners, GJEPC Chairman Praveenshankar Pandya said, “We have received a phenomenal response this year with over 364 nominations – an increase of around 34% from last year - from all across India. It was important to celebrate their performance as it came amidst a declining world economy.”

He also called upon the government to reconsider its decision to levy excise duty on jewellery as it would create challenges of compliance for an industry, 75% of which is in the unorganized sector and will open up scope for harassment by the tax officials.

Speaking on the occasion, Shri Goyal congratulated all the winners and urged them to continue to strive for greater excellence. He called on the indsutry to engage with the government in dialogue and said, “We have to work in collaboration to create a corruption-free new business environment for the Gen-Next. Build bridges of trust with the policy makers and then it will be easier to get your demands met. Ease of business will come in only through a two-way process.”

Shri Rajpal Singh Shekhawat, Rajasthan State Minister - Urban Development and Housing Minister, said, “Rajasthan exports Rs. 5,000 crore of gems and jewellery. We are planning to unveil a gem bourse in the State as part of our constant endeavour to make Rajasthan the best destination for investment.”

The IGJA nominees are selected from among the applicants on the basis of their export performance, value addition, and investment on R&D among other parameters during the year 2015, using a proprietary quantitative model developed by D&B based primarily on computation of composite scores calculated by considering various financial and quantitative indicators.

The winners were chosen by a jury comprising Smt. Nirupa Bhatt, Managing Director (India & ME), GIA, Shri Ajai Kumar, ex-CMD, Corporation Bank and Shri Pawan Bindal, Director, Dun & Bradstreet.

The complete list of winners:

IGJA 2015 winner list

Industry Performance Award

 

 

 

Award Categories

1st Place

2nd Place

3rd place

Cut & Polished Diamonds (Highest Turnover)

Kiran Gems Pvt Ltd

Hari Krishna Exports Pvt Ltd

Laxmi Diamond Pvt Ltd

Cut & Polished Diamonds (Large)

Kiran Gems Pvt Ltd

   

Cut & Polished Diamonds (Medium)

Narola Gems

   

Cut & Polished Diamonds (Small)

Glow Star

   

Precious Metal Jewellery - Plain (Large)

PC Jeweller Ltd

   

Precious Metal Jewellery - Studded (large)

Renaissance Jewellery Ltd

   

Precious Metal Jewellery - Plain (Medium)

Emerald Jewel Industry India Limited

   

Precious Metal Jewellery - Studded (Medium)

H.K. Designs (India)

   

Precious Metal Jewellery - Plain & Studded (Small)

Vasupati Jewellers

   

Cut & Polished Colored Gemstones

RMC Gems India Limited

Friends International

 

Silver Jewellery

Vaibhav Global Limited

Derewala Industries

 

Costume Fashion Jewellery

Derewala Industries Ltd

   

Cut & Polished Synthetic Stones

Industrial Jewels Private Limited

   

Sales to Foreign Tourist

Silver & Art Palace

   

 

     

Apex Awards

 

 

 

Award Categories

1st Place

2nd Place

3rd place

Most Innovative Company

Lemon Technomist Pvt. Ltd/ Derewala Industries Ltd.

(joint winners)

 

Most Socially Responsible company

Laxmi Diamond Private Limited/ Vaibhav Global Ltd

(joint winners)

 

Exporter of the Year

Kiran Gems Pvt Ltd

   

Best in Gems & Jewellery E-Commerce

BODHI BRANDS PVT. LTD.

   

 

     

Special Recognition Awards

 

 

 

Award Categories

1st Place

2nd Place

3rd place

Women Entrepreneur of the Year

Kashi Jewellers/ Mine of Design

(joint winners)

 

Best Growing Company of the Year (Large)

Hari Krishna Exports Pvt Ltd

   

Best Growing Company of the Year (Medium)

Narola Gems

   

Emerging Entrepreneur of the Year

Red Exim/ Shree Momai Krupa Jewellers

(joint winners)

 
       

Other Awards

 

 

 

Award Categories

1st Place

2nd Place

3rd place

Best Agency Supplying Gold

The Bank of Nova Scotia

   

Best Bank Financing the Industry (Highest Limits Sanctioned)

State Bank Of India

IndusInd Bank Limited

 

Best Bank Financing the Industry (Highest Number of Clients)

State Bank of India

   

Best Bank Financing the Industry (Highest Growth of Limits Sanctioned)

IndusInd Bank Limited

   

“Best Bank Financing the industry - Highest Finance Sanctioned (Exports)”

IndusInd Bank Limited

   

Importer of the Year

Kiran Exports Hong Kong ltd

RA Gem Centre Ltd

 

Clearing Agent/ Freight Forwarder of the Year

BVC Logistics Pvt Ltd

   
       

Felicitation Awards

     

Award Categories

Winner

 

 

Life time achievement

Mr. Dilipkumar V Lakhi

   

 

     

Pic Caption: Smt. Nirupa Bhatt (MD GIA India and ME ) and Shri Praveenshankar Pandya (Chairman, GJEPC) light the lamp in the presence of (l to r) Shri Russell Mehta (Vice Chairman GJEPC), Shri Kirit Bhansali (Convener-IGJA, GJEPC), Shri Ramcharan Bohra (BJP MP), Shri Rajpal Singh Shekhawat (Rajasthan State Minister - Urban development), Shri Piyush Goyal (Union Minister GOI), and Sabyasachi Ray (ED GJEPC)

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