GEMS & JEWELLERY INDUSTRY

Trade Scenario In India

• Nominal GDP- 11th Largest In The World

• Purchasing Power Parity (Ppp)- 4th Largest

• Growth Rate-8.9%

• Exports - $30billion

• Imports - $30billion

• India GDP surges 8.9% in the 3rd quarter

Exports Of India

1.Inorganic/Organic/Agro Chemicals

2.India Export Of Machinery And Instruments

3.India Export Of Marine Products

4.India Export Of Gems & Jewelry

5.India Export Of Cotton Yarn, Fabrics etc

Jewellery Industry In India

• Major markets: United States- 30% Hong Kong, UAE, Belgium, Israel, Japan, Thailand and the United Kingdom new markets such as South America and East Asia • The industry, constitutes around 20 percent of the country's total exports, affected by the

massive global economic recession in the last two years

• Diamond-studded jewellery now comes with a buyback guarantee, of 90 per cent of resale value.

• Gems, jewellery exports up 39%.

• Surat- 3rd largest consumer of polished diamonds

• Import – 1888crore

• Export - $8 billion

Our Company- Jewellery Joy

•The company was formed in 2001

• It deals in export of all kinds of diamond studded jewellery

•It does not operate on a very large scale

•Few fixed customers

•They collaborate with retailers to gain customers

•Profitable company

•Import of diamonds from Surat- Gujarat

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

CompanyBank account

Mode of Operations

Company Formation

• Its is a sole proprietory concern

• Current A/c in Saraswat Co-operative Bank

• The name of the company is Jewellery Joy

• We export custom made diamond studded jewellery Eg. Earrings, bracelets etc

• Registered Address: 55, Apollo industrial Estate, Off Mahakali Road, Andheri(East), Mumbai-400093

• Manufacturer exporter

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

IEC numberVAT Authorities

Export Promotion Council

IEC

Registration Cum Membership Certificate

Registration with VAT Authority of India

Registration with Central Excise Authority Of India

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

MarketChannels of Distribution

Buyers/AgentsSamples

Export License

Sample Line

• According to requirement of customer the sample is shown to them

• They inform the buyer about time taken to manufacturer and deliver

• They inform them about the price

• Sometimes they even export samples

Export Order

• Target market- UAE, USA

• Order in the form of a mail

• No buying agents

• Few trusted customers

• No overseas agents

Export OrderDear Aanchal,

My Style Your Style pc price SS/YG Total Value200BRC-40 225 14 Blue Sapphire/White 3150201BRC-47 150 12 Blue Sapphire/White 1800202BRC-48 150 10 All White Diamonds 1500204BRC-45 180 5 All White Diamonds 900204BRC-45 250 9 Green/Brown/White 2250204BRC-45 200 5 All White Diamonds 1000200BRC-40B 125 9 1125201BRC-47B 125 10 1/2" Larger 1250202BRC-48B 125 10 1/2" Larger 1250220BRC-51B 135 10 1/2" Larger 1350

15575If you have any query please let me know asap.

Thanks,

Kusum Rungta

Channel Of Distribution

• We export through sales agents –Kalyan Enterprise

• Functions that the export agents carry out

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

Export ContractPricing and CostingMode of payment

Exchange rate protection

Export Contract

Based On Mutual Trust

Customer Invoice

Packing List (COST & FREIGHT)

Export Payment Terms

• Time of payment: 30, 60, 90 days

• Exchange rate protection- Forward Contract

Method Of Payment

• Advance Payment

• Documentary Bills- Documents Against Acceptance

Method Of Payment- Bill Of Exchange

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

Arranging Finance

Manufacturing Process

Quality Inspection

Procurement/ Manufacturing

• Saraswat Bank gives pre-shipment & post-shipment finance

• Rate of Interest- 10% p.a.

• Period of Finance

Manufacturing Process

DESIGNING MOULDINGCAD DESIGNING

Manufacturing Process

CASTING EMBELLISHMENTPOLISHING

PURIFYING

RODIUM

Quality Inspection

Consignment wise Inspection

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

Labeling, Packaging

Packing Marking Goods

Packaging & labeling

Tin Packing

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Goods & Payment

Excise ClearanceMarine Insurance

Shipment of Goods

Insurance

Individual Shipping Policy

Airway Bill- For consignor

Airway Bill- For Consignee

Certificate of origin

Export Process

Company Formation

Registration

Export Order

Contract

Procurement / Manufacturing

Packaging & Labeling

Shipment

Receipt of Export Proceeds

Future Plans

•Operate on a larger scale

•Appoint more buying agents

•Appoint overseas agent

•Participate in International trade & exhibitions

•Try to capture big showrooms as their customers

THANK YOU

Yogesh Bohra- 17Jaydeep Italia-18Aastha Godha-35Disha Anand-36Ashwini Laad-53Shahrukh Lakhani-54Forum Chauhan- 2018