Gems, jewellery exports jump to $649 million

ISLAMABAD: The gems and jewellery sector has achieved significant milestones during last three years as its exports jumped from $289 million in 2008-09 to $649 million in 2009-10.
“Since the government has patronised the gems and jewellery sector with the objective of enhancing foreign exchange revenues from exports, we have seen major jump from $289 million in 2008-09 to $649 million in 2009-10,” an official of Pakistan Gems and Jewellery Development Company (PGJDC) said. 
The official said that over the last three years the company had successfully launched projects for training in manufacturing of gems and jewellery and gem labs in six different cities of the country including Karachi, Lahore, Quetta, Peshawar and Gilgit to enhance the value chain productivity from mine to market. 
“These projects have started contributing to the development of the industry at a very significant level providing a lucrative platform to the sector to develop their trade locally and internationally,” the official added.
The company has so far successfully trained over 4,100 persons in various segments of the industry. The trainings that the company has conducted, include Manual Jewellery Designing, Computer Aided Jewellery Designing (on Matrix with CAD/CAM technology), Gemstone Identification, Gemstone Faceting, Gemstone Carving, Colored Gemstone Grading, Diamond Grading. 
The company has also launched a one-year Diploma on Intensive Jewellery Designing in Karachi, he added. 
PGJDC has been regularly participating in different international gems and jewellery exhibition held in various parts of world including Bangkok, Hong Kong, Dubai, USA and Germany. 
The company has also organised 21 Gems Bazaars across the country including a mega Gem Bazaar
in Islamabad in January
this year.
In future the PGJDC has a plan to establish mobile training centres, diamond cutting and faceting set-up in the country, mega gems bazaars to attract international buyers and introduction of Assaying and Hallmarking in the country to assure best quality exports of the sector to build consumer confidence, the official concluded. ap

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