Page 8 - Bullion World Volume 03 Issue 5 may 2023
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Bullion World | Volume 3 | Issue 5 | May 2023

           Highlights of



           India Silver Conference-2023




           The India Silver Conference-2023 (ISC2023), the first of its kind to happen for the Indian silver industry
           was held in Jaipur from 28 to 30, April, 2023. The mission of this two-day conference was to discuss the
           key trends and developments in the Indian silver industry, and deliberate on possible solutions to ensure
           sustainable growth. The conference provided a great platform for silver jewellery manufacturers, industrial
           players, technology providers, academia, bullion dealers, banks, and logistics providers to share their insights
           and experience.

                                   Highlights of the Inaugural Session



                                             Shri Rajiv Arora was the Chief    50% of the total silver jewellery
                                             Guest at the India silver conference.   exports from the country. India is
                                             Shri Rajiv Arora is the Chairman   the epitome of silver artwork and
                                             of the Rajasthan Small Industries   jewellery, with a designated museum
                                             Development Corporation and       in Jaipur. Rajasthan is blessed
                                             Rajasthan Export Promotion Council   with highly skilled manufacturing
                                             with the rank of Minister of State,   workmanship, which makes the state
                                             Govt. of Rajasthan.               a preferred choice for silver jewellery
                                                                               manufacturing and sourcing
                                             Highlights of Shri Rajiv Arora’s   destination.  The government has
                                             speech:                           established a helpline for the silver
                                             Silver denotes positivity and     manufacturing industry to facilitate
                                             goodness, which also is a symbol of   and promote trade and silver
                                             hope. In the Indian context, the state   consumption. The industry should
                                             of Rajasthan contributes to almost   submit a memorandum to the central
                   Shri Rajiv Arora
                                             98% of Indian Silver production.   government for the reduction of
                                             Rajasthan has to its credit of being   basic customs duty on silver.
                                             the largest manufacturer and
                                             exporter of silver jewellery, with
                                             the state contributing to about


           Shri Pramod Agrawal was the       Economic Zone for Gems and
           guest of honour of the conference.   Jewellery industry. The National
           Shri Pramod Agrawal holds the     Gems & Jewellery Domestic Council,
           position of the Chairman of the   through its coordinated approach at
           National Gems & Jewellery Domestic   various levels of the organisations,
           Council of India. He was the past-  is playing a pivotal role in the
           chairman of the GJEPC.            overall development of domestic
                                             silver manufacturing.  The sector
           Highlights of Shri Pramod         is dynamic and growing steadily
           Agrawal’s speech:                 from the jewellery and industrial
           Rajasthan has been home to        segments, thanks to organisations
           reputed manufacturing units and   like IBJA.  Indian industrial demand
           showrooms due to its unique position  for silver is intact, given the level of
           in skill development and favourable   industrialisation in the country, and
           policies. Rajasthan is credited for   price as a factor is not a hindrance   Shri Pramod Agrawal
           having the country's only Special   to growing consumption.



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