In a first, India has successfully exported jewellery through courier mode from Mumbai. Facilitated by Gem & Jewellery Export Promotion Council (GJEPC), India exported first four jewellery shipment valued over $1000 from Titan Co.’s jewellery brand Caratlane. The export shipment to USA was carried via Air India on 6th September 2023.
“The swift implementation of exports via courier mode within one year of its announcement underscores the government’s commitment to this vital sector. I extend my heartfelt gratitude to the Mumbai Customs for taking this historic step at a crucial juncture, considering the industry’s current challenges. Enabling exports through courier mode will not only open doors to new markets but also significantly expand the value-added exports from the sector by reaching directly to retail and end consumers abroad.”
Vipul Shah, Chairman, GJEPC
Shah further emphasised, “The utilisation of courier mode for exports has the potential to reduce costs by as much as 70% compared to cargo mode, thereby facilitating the entry of numerous jewellery businesses across India into the realm of e-commerce.”
Mumbai, being a pivotal export destination, will greatly benefit from this service, with its proximity to key gem and jewellery manufacturing regions, including Gujarat. This new initiative aligns with GJEPC’s mission to promote and simplify international trade in the gems and jewellery sector.
Ensuring a seamless and efficient process, the Customs Officials from the Courier Cell, dedicated stakeholders from the Adani Group, and officials from BVC, a logistics company all worked closely. Further, the steadfast support provided by Chief Commissioner, Commissioner of Customs, and Joint and Additional Commissioner was instrumental in making this achievement possible.
This development is expected to further enhance the growth of the industry and open up new avenues for exports, especially in the e-commerce segment.
